Oil & Gas Property in Lea County, NM
Key data points for Mitchell 16 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Mar 2026 |
| Total Oil Production | 310,797 BBLs |
| Total Gas Production | 729,947 MCF |
| Recent Oil Production | 3 BBLs in Mar 2026 |
| Recent Gas Production | 0 MCF in Mar 2026 |
| Wells on Property | 6 |
Our Valuation Estimates for Mitchell 16 State
ShaleAssessment™
$5,358 *
MarketMultiple™
$531 **
* 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 | 90 MCF | Mar 2026 |
| Conoco Federal | Lea County, NM | 571 BBLs | 422 MCF | Mar 2026 |
| Dragonstone 11 2 | Lea County, NM | 14,080 BBLs | 71,659 MCF | Mar 2026 |
| Eastwatch 4 3 B2 | Lea County, NM | 12,154 BBLs | 43,816 MCF | Mar 2026 |
| Inca Federal | Lea County, NM | 131 BBLs | 168 MCF | Apr 2026 |
| Love 3 Federal | Lea County, NM | 57 BBLs | 2 MCF | Apr 2026 |
| Querecho 23 26 Federal Com | Lea County, NM | 1,613 BBLs | 2,047 MCF | Mar 2026 |
| Querecho Plains | Lea County, NM | 602 BBLs | 1,386 MCF | Mar 2026 |
| R E Graham 7 | Lea County, NM | 286 BBLs | 370 MCF | Mar 2026 |
| SF 17 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Shinnery | Lea County, NM | 1 BBLs | 664 MCF | Apr 2026 |
| Tyke Federal | Lea County, NM | 0 BBLs | 331 MCF | Mar 2026 |
| Ursa Major 8 Federal | Lea County, NM | 189 BBLs | 308 MCF | Apr 2026 |
| West Shinnery 15 Federal | Lea County, NM | 412 BBLs | 955 MCF | Apr 2026 |
| Winterfell 5 6 B2 | Lea County, NM | 2,401 BBLs | 14,610 MCF | Mar 2026 |
| Xion Federal | Lea County, NM | 145 BBLs | 151 MCF | Mar 2026 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Deep Unit | Lea County, NM | 1,307 BBLs | 5,506 MCF | Mar 2026 |
| Young Federal | Lea County, NM | 0 BBLs | 270 MCF | Mar 2026 |
| Young North | Lea County, NM | 12 BBLs | 0 MCF | Apr 2026 |
These are the closest 20 companies operating near the Mitchell 16 State property.