Oil & Gas Property in Lea County, NM
Key data points for Mitchell 16 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Sep 2025 |
| Total Oil Production | 310,761 BBLs |
| Total Gas Production | 729,914 MCF |
| Recent Oil Production | 3 BBLs in Sep 2025 |
| Recent Gas Production | 0 MCF in Sep 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Mitchell 16 State
ShaleAssessment™
$5,775 *
MarketMultiple™
$670 **
* 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 | 12 BBLs | 5 MCF | Sep 2025 |
| Conoco Federal | Lea County, NM | 500 BBLs | 316 MCF | Sep 2025 |
| Dragonstone 11 2 | Lea County, NM | 18,054 BBLs | 58,601 MCF | Sep 2025 |
| Eastwatch 4 3 B2 | Lea County, NM | 10,362 BBLs | 29,427 MCF | Sep 2025 |
| Inca Federal | Lea County, NM | 130 BBLs | 171 MCF | Oct 2025 |
| Love 3 Federal | Lea County, NM | 63 BBLs | 27 MCF | Oct 2025 |
| North Young | Lea County, NM | 0 BBLs | 0 MCF | Mar 2017 |
| Querecho 23 26 Federal Com | Lea County, NM | 13,589 BBLs | 25,526 MCF | Sep 2025 |
| Querecho Plains | Lea County, NM | 944 BBLs | 3,389 MCF | Sep 2025 |
| R E Graham 7 | Lea County, NM | 188 BBLs | 310 MCF | Sep 2025 |
| SF 17 Federal Com | Lea County, NM | 0 BBLs | 98 MCF | Sep 2025 |
| Shinnery | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Tyke Federal | Lea County, NM | 0 BBLs | 291 MCF | Sep 2025 |
| Ursa Major 8 Federal | Lea County, NM | 141 BBLs | 86 MCF | Sep 2025 |
| West Shinnery 15 Federal | Lea County, NM | 555 BBLs | 1,617 MCF | Sep 2025 |
| Winterfell 5 6 B2 | Lea County, NM | 4,698 BBLs | 18,240 MCF | Sep 2025 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Deep Unit | Lea County, NM | 1,231 BBLs | 5,336 MCF | Sep 2025 |
| Young Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Young North | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
These are the closest 20 companies operating near the Mitchell 16 State property.