Oil & Gas Property in Lea County, NM
Key data points for Mitchell 16 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2026 |
| Total Oil Production | 310,800 BBLs |
| Total Gas Production | 729,947 MCF |
| Recent Oil Production | 3 BBLs in May 2026 |
| Recent Gas Production | 0 MCF in May 2026 |
| Wells on Property | 6 |
Our Valuation Estimates for Mitchell 16 State
ShaleAssessment™
$5,233 *
MarketMultiple™
$572 **
* 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 | 98 BBLs | 119 MCF | May 2026 |
| Conoco Federal | Lea County, NM | 578 BBLs | 367 MCF | May 2026 |
| Dragonstone 11 2 | Lea County, NM | 15,079 BBLs | 58,908 MCF | May 2026 |
| Eastwatch 4 3 B2 | Lea County, NM | 11,586 BBLs | 41,412 MCF | May 2026 |
| Inca Federal | Lea County, NM | 137 BBLs | 175 MCF | May 2026 |
| Love 3 Federal | Lea County, NM | 22 BBLs | 1 MCF | May 2026 |
| Querecho 23 26 Federal Com | Lea County, NM | 7,380 BBLs | 7,087 MCF | May 2026 |
| Querecho Plains | Lea County, NM | 1,164 BBLs | 3,992 MCF | May 2026 |
| R E Graham 7 | Lea County, NM | 281 BBLs | 325 MCF | May 2026 |
| SF 17 Federal Com | Lea County, NM | 0 BBLs | 41 MCF | May 2026 |
| Shinnery | Lea County, NM | 124 BBLs | 589 MCF | May 2026 |
| Tyke Federal | Lea County, NM | 0 BBLs | 329 MCF | May 2026 |
| Ursa Major 8 Federal | Lea County, NM | 108 BBLs | 413 MCF | May 2026 |
| West Shinnery 15 Federal | Lea County, NM | 533 BBLs | 1,845 MCF | May 2026 |
| Winterfell 5 6 B2 | Lea County, NM | 2,220 BBLs | 9,580 MCF | May 2026 |
| Xion Federal | Lea County, NM | 72 BBLs | 146 MCF | May 2026 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Deep Unit | Lea County, NM | 1,476 BBLs | 6,008 MCF | May 2026 |
| Young Federal | Lea County, NM | 76 BBLs | 326 MCF | May 2026 |
| Young North | Lea County, NM | 3 BBLs | 0 MCF | May 2026 |
These are the closest 20 companies operating near the Mitchell 16 State property.