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 - Feb 2026
Total Oil Production484,643 BBLs
Total Gas Production3,286,493 MCF
Recent Oil Production618 BBLs in Feb 2026
Recent Gas Production2,184 MCF in Feb 2026
Wells on Property5

Our Valuation Estimates for Laguna 16 State

ShaleAssessment™

$43,377 *

MarketMultiple™

$169,987 **

* 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 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, NM75 BBLs37 MCFFeb 2026
Belco Aia FederalLea County, NM0 BBLs0 MCFJan 2026
Big Eddy UnitLea County, NM65,570 BBLs149,763 MCFFeb 2026
Black Horse Federal Com 20 33 07 SBLea County, NM904 BBLs367 MCFFeb 2026
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Double Stamp Federal ComLea County, NM0 BBLs0 MCFJan 2026
Fecta 33 FederalLea County, NM530 BBLs2,345 MCFFeb 2026
Felmont FedLea County, NM0 BBLs337 MCFFeb 2026
Lusk 33 FederalLea County, NM0 BBLs0 MCFJun 2018
Lusk 34 FederalLea County, NM1,084 BBLs2,217 MCFFeb 2026
Magnum ProntoLea County, NM1,117 BBLs4,528 MCFFeb 2026
New Mexico CR StateLea County, NM0 BBLs0 MCFAug 2003
Nightcap 6 Federal ComLea County, NM1,040 BBLs1,454 MCFFeb 2026
Pakse 3 South Federal ComLea County, NM28,152 BBLs64,283 MCFFeb 2026
Pakse 4 South Federal ComLea County, NM13,951 BBLs45,569 MCFFeb 2026
Pakse 5 South Federal ComLea County, NM21,897 BBLs56,919 MCFFeb 2026
Pakse South Federal ComLea County, NM29,663 BBLs78,899 MCFFeb 2026
Queenie Federal ComLea County, NM29,363 BBLs35,967 MCFFeb 2026
Ringo 32 Federal ComLea County, NM2,636 BBLs4,576 MCFFeb 2026
Snoddy FederalLea County, NM0 BBLs0 MCFJan 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.