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 - May 2025 |
| Total Oil Production | 713,397 BBLs |
| Total Gas Production | 431,215 MCF |
| Recent Oil Production | 3,217 BBLs in May 2025 |
| Recent Gas Production | 2,508 MCF in May 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Belgian Blue 28 21 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$7,454,862 **
* 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 | 1,565 BBLs | 1,131 MCF | May 2025 |
| Alpha State Com | Lea County, NM | 81,447 BBLs | 87,841 MCF | May 2025 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Eagle State Com | Lea County, NM | 18,984 BBLs | 26,893 MCF | May 2025 |
| Gateway 2 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Ironhouse 19 State Com | Lea County, NM | 2,382 BBLs | 3,850 MCF | May 2025 |
| Ironhouse 2 | Lea County, NM | 4,978 BBLs | 4,473 MCF | May 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 | 5 BBLs | 0 MCF | May 2025 |
| Nighthawk State Com | Lea County, NM | 592 BBLs | 336 MCF | May 2025 |
| Norte State Com | Lea County, NM | 3,583 BBLs | 3,598 MCF | May 2025 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Rambo E2 08 17 State Com | Lea County, NM | 1,355 BBLs | 306 MCF | May 2025 |
| Reeves 26 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Reeves Queen WF Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| South Vacuum | Lea County, NM | 1 BBLs | 0 MCF | May 2025 |
| Top Round 16 9 State Com | Lea County, NM | 111,111 BBLs | 55,004 MCF | May 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.