Oil & Gas Property in Lea County, NM
Key data points for Mustang 8 17 Federal
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Oct 2020 - May 2025 |
| Total Oil Production | 1,889,405 BBLs |
| Total Gas Production | 6,563,568 MCF |
| Recent Oil Production | 98,938 BBLs in May 2025 |
| Recent Gas Production | 309,983 MCF in May 2025 |
| Wells on Property | 16 |
Our Valuation Estimates for Mustang 8 17 Federal
ShaleAssessment™
Not Available
MarketMultiple™
$1,534,727 **
* 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 Mustang 8 17 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Chincoteague | Lea County, NM | 11,738 BBLs | 65,860 MCF | May 2025 |
| Chincoteague 8 32 Federal State Com | Lea County, NM | 692,711 BBLs | 3,061,206 MCF | May 2025 |
| Co Grizzly 3 | Lea County, NM | 118,045 BBLs | 428,212 MCF | May 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 24,165 BBLs | 136,292 MCF | May 2025 |
| Co Yeti 15 22 Federal Com | Lea County, NM | 37,646 BBLs | 154,165 MCF | May 2025 |
| Cotton Draw | Lea County, NM | 257,450 BBLs | 2,539,001 MCF | May 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| E F Ray B NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| G E Jordan NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| Haflinger 22 27 Federal Com | Lea County, NM | 50,493 BBLs | 308,079 MCF | May 2025 |
| Lippizzan 4 Federal | Lea County, NM | 1,262 BBLs | 3,909 MCF | May 2025 |
| Marwari 21 16 State Federal Com | Lea County, NM | 118,272 BBLs | 698,805 MCF | May 2025 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mustang 8 29 Federal Com | Lea County, NM | 5,651 BBLs | 16,606 MCF | May 2025 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 43 BBLs | 0 MCF | May 2025 |
| Paint 33 Federal | Lea County, NM | 3,349 BBLs | 4,810 MCF | May 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 73,293 BBLs | 627,579 MCF | May 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 4,812 BBLs | 223,429 MCF | May 2025 |
| Trionyx 6 Federal | Lea County, NM | 3,250 BBLs | 23,015 MCF | May 2025 |
These are the closest 20 companies operating near the Mustang 8 17 Federal property.