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 - Feb 2025
Total Oil Production471,010 BBLs
Total Gas Production3,216,390 MCF
Recent Oil Production672 BBLs in Feb 2025
Recent Gas Production2,335 MCF in Feb 2025
Wells on Property5

Our Valuation Estimates for Laguna 16 State

ShaleAssessment™

$52,345 *

MarketMultiple™

$152,299 **

* 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 Feb 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, NM141 BBLs258 MCFFeb 2025
Belco Aia FederalLea County, NM742 BBLs2,042 MCFFeb 2025
Big Eddy UnitLea County, NM71,567 BBLs170,146 MCFFeb 2025
Black Horse Federal Com 20 33 07 SBLea County, NM1,089 BBLs448 MCFFeb 2025
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Fecta 33 FederalLea County, NM525 BBLs4,042 MCFFeb 2025
Felmont FedLea County, NM0 BBLs350 MCFFeb 2025
Green Frog Cafe FederalLea County, NM393 BBLs737 MCFFeb 2025
Lusk 33 FederalLea County, NM0 BBLs0 MCFJul 2018
Lusk 34 FederalLea County, NM1,215 BBLs2,394 MCFFeb 2025
Magnum ProntoLea County, NM889 BBLs5,059 MCFFeb 2025
New Mexico CR StateLea County, NM0 BBLs0 MCFAug 2003
Nightcap 6 Federal ComLea County, NM0 BBLs171 MCFFeb 2025
Pakse 3 South Federal ComLea County, NM88,870 BBLs178,845 MCFFeb 2025
Pakse 4 South Federal ComLea County, NM35,092 BBLs78,888 MCFFeb 2025
Pakse 5 South Federal ComLea County, NM48,684 BBLs107,512 MCFFeb 2025
Pakse South Federal ComLea County, NM58,404 BBLs95,336 MCFFeb 2025
Queenie Federal ComLea County, NM41,965 BBLs39,743 MCFFeb 2025
Ringo 32 Federal ComLea County, NM2,454 BBLs5,469 MCFFeb 2025
Snoddy FederalLea County, NM1,742 BBLs2,228 MCFFeb 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
COG Operating LLC
Cross Border Resources, Inc.
Earthstone Operating, LLC
Edge Petroleum Oper. Co., Inc.
EOG Resources, Inc.
EOG Y 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 P
Pure Energy Operating, Inc.
Texaco Expl. And Prod. Inc.
XTO Permian Operating LLC.