Oil & Gas Property in Lea County, NM
Key data points for Mitchell 16 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Dec 2025 |
| Total Oil Production | 310,783 BBLs |
| Total Gas Production | 729,957 MCF |
| Recent Oil Production | 2 BBLs in Dec 2025 |
| Recent Gas Production | 13 MCF in Dec 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Mitchell 16 State
ShaleAssessment™
$5,541 *
MarketMultiple™
$710 **
* 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 | 119 BBLs | 145 MCF | Dec 2025 |
| Conoco Federal | Lea County, NM | 396 BBLs | 366 MCF | Dec 2025 |
| Dragonstone 11 2 | Lea County, NM | 18,736 BBLs | 77,479 MCF | Dec 2025 |
| Eastwatch 4 3 B2 | Lea County, NM | 12,218 BBLs | 33,589 MCF | Dec 2025 |
| Inca Federal | Lea County, NM | 125 BBLs | 155 MCF | Dec 2025 |
| Love 3 Federal | Lea County, NM | 66 BBLs | 22 MCF | Dec 2025 |
| North Young | Lea County, NM | 0 BBLs | 0 MCF | Mar 2017 |
| Querecho 23 26 Federal Com | Lea County, NM | 19,409 BBLs | 40,401 MCF | Dec 2025 |
| Querecho Plains | Lea County, NM | 312 BBLs | 833 MCF | Dec 2025 |
| R E Graham 7 | Lea County, NM | 176 BBLs | 238 MCF | Dec 2025 |
| SF 17 Federal Com | Lea County, NM | 0 BBLs | 7 MCF | Dec 2025 |
| Shinnery | Lea County, NM | 710 BBLs | 1,224 MCF | Dec 2025 |
| Tyke Federal | Lea County, NM | 0 BBLs | 323 MCF | Dec 2025 |
| Ursa Major 8 Federal | Lea County, NM | 248 BBLs | 542 MCF | Dec 2025 |
| West Shinnery 15 Federal | Lea County, NM | 644 BBLs | 2,022 MCF | Dec 2025 |
| Winterfell 5 6 B2 | Lea County, NM | 2,123 BBLs | 9,676 MCF | Dec 2025 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Deep Unit | Lea County, NM | 1,279 BBLs | 4,920 MCF | Dec 2025 |
| Young Federal | Lea County, NM | 0 BBLs | 620 MCF | Dec 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.