Laguna 16 State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Laguna 16 State Oil & Gas Property

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Property Summary

Key data points for Laguna 16 State

CountyLea County, NM
OperatorFASKEN OIL AND RANCH, LTD.
Production DatesFeb 2004 - Aug 2025
Total Oil Production477,985 BBLs
Total Gas Production3,251,676 MCF
Recent Oil Production814 BBLs in Jul 2025
Recent Gas Production6,308 MCF in Jul 2025
Wells on Property5

Our Valuation Estimates for Laguna 16 State

ShaleAssessment™

$47,803 *

MarketMultiple™

$141,958 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Laguna 16 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Laguna 16 State
from Feb 2004 to Aug 2025

Wells on Laguna 16 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-36437LAGUNA 16 STATE 001FASKEN OIL & RANCH LTDActiveLea County, NM32.567799-103.764778
30-025-40680LAGUNA 16 STATE 002FASKEN OIL & RANCH LTDActiveLea County, NM32.567287-103.764618
30-025-41697LAGUNA 16 STATE SWD 008CFASKEN OIL & RANCH LTDCancelledLea County, NM32.567303-103.763901
30-025-42131LAGUNA 16 STATE 004CFASKEN OIL & RANCH LTDCancelledLea County, NM32.567944-103.772283
30-025-42132LAGUNA 16 STATE 009HFASKEN OIL & RANCH LTDActiveLea County, NM32.566897-103.776588

Leases included in Laguna 16 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
32342LAGUNA 16 STATEFASKEN OIL & RANCH LTDLea County, NM
40404LAGUNA 16 STATE SWDFASKEN OIL & RANCH LTDLea County, NM

Nearby Properties

These are the closest 20 properties to the Laguna 16 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baetz 23Lea County, NM182 BBLs285 MCFAug 2025
Belco Aia FederalLea County, NM1 BBLs2 MCFJul 2025
Big Eddy UnitLea County, NM56,609 BBLs76,776 MCFJul 2025
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Double Stamp Federal ComLea County, NM13,181 BBLs26,061 MCFJul 2025
Double Stamp Federal Com 113HLea County, NM2,789 BBLs3,348 MCFJul 2025
Fecta 33 FederalLea County, NM952 BBLs6,013 MCFJul 2025
Felmont FedLea County, NM0 BBLs379 MCFJul 2025
Lusk 33 FederalLea County, NM0 BBLs0 MCFJul 2018
Lusk 34 FederalLea County, NM1,275 BBLs2,216 MCFJul 2025
Magnum ProntoLea County, NM938 BBLs3,815 MCFAug 2025
New Mexico CR StateLea County, NM0 BBLs0 MCFAug 2003
Nightcap 6 Federal ComLea County, NM938 BBLs1,377 MCFAug 2025
Pakse 3 South Federal ComLea County, NM58,296 BBLs139,700 MCFJul 2025
Pakse 4 South Federal ComLea County, NM20,465 BBLs66,823 MCFJul 2025
Pakse 5 South Federal ComLea County, NM34,593 BBLs84,379 MCFJul 2025
Pakse South Federal ComLea County, NM47,999 BBLs117,985 MCFJul 2025
Queenie Federal ComLea County, NM413 BBLs937 MCFAug 2025
Ringo 32 Federal ComLea County, NM2,168 BBLs5,964 MCFAug 2025
Snoddy FederalLea County, NM631 BBLs938 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Laguna 16 State property.

Company Name
Apache Corporation
Barbara Fasken
Cabal Energy Corporation
Cimarex Energy Co. Of Colorado
Civitas Permian Operating, LLC
COG Operating LLC
Cross Border Resources, Inc.
Earthstone Operating, LLC
Edge Petroleum Oper. Co., Inc.
EOG Resources, Inc.
Fasken Oil And Ranch, LTD.
Marathon Oil Permian LLC
Marbob Energy Corp
Mewbourne Oil Company
Paloma Permian Assetco, LLC
Permian Resources Operating, LLC
Petroleum Exploration Company LTD., Limited
Pure Energy Operating, Inc.
Texaco Expl. And Prod. Inc.
XTO Permian Operating LLC.