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
Production DatesFeb 2004 - Apr 2026
Total Oil Production485,681 BBLs
Total Gas Production3,289,483 MCF
Recent Oil Production578 BBLs in Mar 2026
Recent Gas Production1,554 MCF in Mar 2026
Wells on Property5

Our Valuation Estimates for Laguna 16 State

ShaleAssessment™

$42,150 *

MarketMultiple™

$156,052 **

* 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 Apr 2026

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 001DEVON ENERGY PRODUCTION COMPANY, LPActiveLea County, NM32.567799-103.764778
30-025-40680LAGUNA 16 STATE 002DEVON ENERGY PRODUCTION COMPANY, LPActiveLea 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 009HDEVON ENERGY PRODUCTION COMPANY, LPActiveLea 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
338226LAGUNA 16 STATEDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
40404LAGUNA 16 STATE SWDFASKEN OIL & RANCH LTDLea County, NM

Operators Associated With Laguna 16 State

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baetz 23Lea County, NM370 BBLs285 MCFMar 2026
Belco Aia FederalLea County, NM2 BBLs3 MCFApr 2026
Big Eddy UnitLea County, NM50,928 BBLs127,244 MCFMar 2026
Black Horse Federal Com 20 33 07 SBLea County, NM1,074 BBLs786 MCFApr 2026
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Double Stamp Federal ComLea County, NM0 BBLs0 MCFJan 2026
Felmont FedLea County, NM0 BBLs355 MCFApr 2026
Lusk 33 FederalLea County, NM0 BBLs0 MCFJun 2018
Lusk 34 FederalLea County, NM1,343 BBLs3,003 MCFMar 2026
Magnum ProntoLea County, NM1,818 BBLs4,940 MCFApr 2026
New Mexico CR StateLea County, NM0 BBLs0 MCFAug 2003
Nightcap 6 Federal ComLea County, NM1,250 BBLs1,730 MCFApr 2026
Pakse 3 South Federal ComLea County, NM30,674 BBLs69,597 MCFMar 2026
Pakse 4 South Federal ComLea County, NM13,485 BBLs44,700 MCFMar 2026
Pakse 5 South Federal ComLea County, NM23,441 BBLs61,078 MCFMar 2026
Pakse South Federal ComLea County, NM31,314 BBLs88,084 MCFMar 2026
Queenie Federal ComLea County, NM27,730 BBLs39,488 MCFApr 2026
Ringo 32 Federal ComLea County, NM2,642 BBLs4,288 MCFApr 2026
Snoddy FederalLea County, NM1,802 BBLs2,910 MCFMar 2026
Southeast LuskLea County, NM2,306 BBLs6,409 MCFMar 2026

Companies in the Area

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

Company Name
Apache Corporation
Avant Operating II, LLC
Barbara Fasken
Cabal Energy Corporation
Cimarex Energy Co. Of Colorado
Civitas Permian Operating, LLC
COG Operating LLC
Coterra Energy Operating Co.
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
Permian Resources Operating, LLC
Petroleum Exploration Company LTD., Limited
Pure Energy Operating, Inc.
Texaco Exploration & Prod Inc
XTO Permian Operating LLC.