Oil & Gas Property in Lea County, NM
Key data points for Mitchell 16 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 310,794 BBLs |
| Total Gas Production | 729,947 MCF |
| Recent Oil Production | 8 BBLs in Feb 2026 |
| Recent Gas Production | 0 MCF in Feb 2026 |
| Wells on Property | 6 |
Our Valuation Estimates for Mitchell 16 State
ShaleAssessment™
$5,419 *
MarketMultiple™
$540 **
* 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 Mitchell 16 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Amoco CP | Lea County, NM | 89 BBLs | 114 MCF | Feb 2026 |
| Conoco Federal | Lea County, NM | 528 BBLs | 307 MCF | Feb 2026 |
| Dragonstone 11 2 | Lea County, NM | 16,075 BBLs | 72,455 MCF | Feb 2026 |
| Eastwatch 4 3 B2 | Lea County, NM | 11,624 BBLs | 35,900 MCF | Feb 2026 |
| Inca Federal | Lea County, NM | 110 BBLs | 116 MCF | Feb 2026 |
| Love 3 Federal | Lea County, NM | 38 BBLs | 2 MCF | Feb 2026 |
| Querecho 23 26 Federal Com | Lea County, NM | 5,545 BBLs | 8,419 MCF | Feb 2026 |
| Querecho Plains | Lea County, NM | 276 BBLs | 2,416 MCF | Feb 2026 |
| R E Graham 7 | Lea County, NM | 249 BBLs | 319 MCF | Feb 2026 |
| SF 17 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Shinnery | Lea County, NM | 611 BBLs | 1,019 MCF | Feb 2026 |
| Tyke Federal | Lea County, NM | 0 BBLs | 305 MCF | Feb 2026 |
| Ursa Major 8 Federal | Lea County, NM | 167 BBLs | 348 MCF | Feb 2026 |
| West Shinnery 15 Federal | Lea County, NM | 249 BBLs | 891 MCF | Feb 2026 |
| Winterfell 5 6 B2 | Lea County, NM | 3,775 BBLs | 17,632 MCF | Feb 2026 |
| Xion Federal | Lea County, NM | 114 BBLs | 157 MCF | Feb 2026 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Deep Unit | Lea County, NM | 950 BBLs | 4,780 MCF | Feb 2026 |
| Young Federal | Lea County, NM | 0 BBLs | 368 MCF | Feb 2026 |
| Young North | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
These are the closest 20 companies operating near the Mitchell 16 State property.