Oil & Gas Property in Lea County, NM
Key data points for Belgian Blue 28 21 State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Feb 2024 - Jun 2025 |
| Total Oil Production | 728,538 BBLs |
| Total Gas Production | 440,012 MCF |
| Recent Oil Production | 15,141 BBLs in Jun 2025 |
| Recent Gas Production | 8,797 MCF in Jun 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Belgian Blue 28 21 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$6,458,945 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Belgian Blue 28 21 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Albatross State Com | Lea County, NM | 1,652 BBLs | 1,297 MCF | Jun 2025 |
| Alpha State Com | Lea County, NM | 73,405 BBLs | 80,329 MCF | Jun 2025 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Eagle State Com | Lea County, NM | 19,356 BBLs | 25,843 MCF | Jun 2025 |
| Gateway 2 State | Lea County, NM | 236 BBLs | 333 MCF | Jun 2025 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 601 BBLs | 605 MCF | Jun 2025 |
| Ironhouse 19 State Com | Lea County, NM | 1,994 BBLs | 4,126 MCF | Jun 2025 |
| Ironhouse 2 | Lea County, NM | 3,892 BBLs | 3,924 MCF | Jun 2025 |
| Ironhouse 3 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| New Mexico DD State | Lea County, NM | 86 BBLs | 0 MCF | Jun 2025 |
| Nighthawk State Com | Lea County, NM | 450 BBLs | 370 MCF | Jul 2025 |
| Norte State Com | Lea County, NM | 3,121 BBLs | 3,778 MCF | Jun 2025 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Reeves 26 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Reeves Queen WF Unit | Lea County, NM | 265 BBLs | 0 MCF | Jun 2025 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| South Vacuum | Lea County, NM | 2 BBLs | 0 MCF | Jun 2025 |
| Top Round 16 9 State Com | Lea County, NM | 123,208 BBLs | 60,612 MCF | Jun 2025 |
| Vacuum State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2007 |
These are the closest 20 companies operating near the Belgian Blue 28 21 State Com property.