Oil & Gas Property in Lea County, NM
Key data points for Marathon Road 1
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jan 2010 - Jan 2024 |
| Total Oil Production | 1,951,893 BBLs |
| Total Gas Production | 3,099,264 MCF |
| Recent Oil Production | 4,470 BBLs in Jan 2024 |
| Recent Gas Production | 17,486 MCF in Jan 2024 |
| Wells on Property | 9 |
Our Valuation Estimates for Marathon Road 1
ShaleAssessment™
$390,710 *
MarketMultiple™
$835,128 **
* 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 Marathon Road 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ballard De Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2018 |
| Black & Tan 27 Federal Com | Lea County, NM | 7,536 BBLs | 37,704 MCF | Feb 2024 |
| Coyote 10 Federal | Lea County, NM | 103 BBLs | 35 MCF | Jan 2024 |
| Cruces Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2023 |
| Federal | Lea County, NM | 274 BBLs | 283 MCF | Feb 2024 |
| Fletcher | Lea County, NM | 30 BBLs | 1 MCF | Jan 2024 |
| Hanson | Lea County, NM | 0 BBLs | 0 MCF | Dec 2023 |
| Hanson 26 Federal | Lea County, NM | 3,111 BBLs | 13,851 MCF | Feb 2024 |
| Laguna 23 2BS Federal Com | Lea County, NM | 1,317 BBLs | 2,084 MCF | Jan 2024 |
| Laguna 23 Federal Com | Lea County, NM | 2,386 BBLs | 13,160 MCF | Jan 2024 |
| Laurie D Federal | Lea County, NM | 38 BBLs | 2,941 MCF | Jan 2024 |
| Lea Federal Unit | Lea County, NM | 2,132 BBLs | 20,292 MCF | Jan 2024 |
| Lea Unit | Lea County, NM | 43,608 BBLs | 170,500 MCF | Jan 2024 |
| Lynch 23 Federal Com | Lea County, NM | 4,254 BBLs | 13,304 MCF | Feb 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea | Lea County, NM | 8,262 BBLs | 9,691 MCF | Feb 2024 |
| Paloma 21 Federal Com | Lea County, NM | 6,213 BBLs | 18,190 MCF | Feb 2024 |
| Perry 22 Federal Com | Lea County, NM | 1,795 BBLs | 4,748 MCF | Feb 2024 |
| Quail 16 State | Lea County, NM | 6,241 BBLs | 11,923 MCF | Feb 2024 |
| Tiger 11 Federal | Lea County, NM | 318 BBLs | 69 MCF | Feb 2024 |
These are the closest 20 companies operating near the Marathon Road 1 property.