Oil & Gas Property in Lea County, NM
Key data points for Gazelle 22 B3
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Oct 2018 - Mar 2026 |
| Total Oil Production | 703,548 BBLs |
| Total Gas Production | 1,226,746 MCF |
| Recent Oil Production | 3,176 BBLs in Mar 2026 |
| Recent Gas Production | 8,767 MCF in Mar 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Gazelle 22 B3
ShaleAssessment™
Not Available
MarketMultiple™
$449,601 **
* 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 Gazelle 22 B3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antelope Ridge | Lea County, NM | 315 BBLs | 2,183 MCF | Apr 2026 |
| Belco Federal | Lea County, NM | 0 BBLs | 0 MCF | Sep 2018 |
| Bonanza Federal | Lea County, NM | 9 BBLs | 0 MCF | Mar 2026 |
| Broadcaster 29 Federal | Lea County, NM | 2,696 BBLs | 7,396 MCF | Mar 2026 |
| Curry Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2008 |
| Curry State | Lea County, NM | 276 BBLs | 0 MCF | Apr 2026 |
| Florence | Lea County, NM | 23,280 BBLs | 114,585 MCF | Mar 2026 |
| Gazelle 22 B2 | Lea County, NM | 3,153 BBLs | 5,876 MCF | Mar 2026 |
| Ibex 15 10 B | Lea County, NM | 15,741 BBLs | 43,592 MCF | Mar 2026 |
| Ibex 15 10 Federal Com | Lea County, NM | 20,420 BBLs | 87,588 MCF | Mar 2026 |
| Keller 2 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Keller 3 | Lea County, NM | 36 BBLs | 146 MCF | Mar 2026 |
| Mad Dog 26 | Lea County, NM | 73,847 BBLs | 202,647 MCF | Mar 2026 |
| Mad Dog 26 B3NC State Com | Lea County, NM | 1,519 BBLs | 2,597 MCF | Mar 2026 |
| Mad Dog 26 MD State Com 001H | Lea County, NM | 1,487 BBLs | 707 MCF | Mar 2026 |
| Mad Dog 35 B | Lea County, NM | 2,385 BBLs | 3,085 MCF | Mar 2026 |
| Mad Dog 35 CN State Com | Lea County, NM | 586 BBLs | 345 MCF | Mar 2026 |
| State | Lea County, NM | 240 BBLs | 7,227 MCF | Mar 2026 |
| Stratocaster 20 Federal | Lea County, NM | 3,817 BBLs | 10,197 MCF | Mar 2026 |
| ZN 27 22 Federal State Com | Lea County, NM | 126,657 BBLs | 258,041 MCF | Mar 2026 |
These are the closest 20 companies operating near the Gazelle 22 B3 property.