Oil & Gas Property in Lea County, NM
Key data points for Mustang 8 17 Federal
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY, L.P. |
| Production Dates | Oct 2020 - May 2026 |
| Total Oil Production | 2,233,141 BBLs |
| Total Gas Production | 7,860,251 MCF |
| Recent Oil Production | 13,543 BBLs in May 2026 |
| Recent Gas Production | 63,887 MCF in May 2026 |
| Wells on Property | 10 |
Our Valuation Estimates for Mustang 8 17 Federal
ShaleAssessment™
Not Available
MarketMultiple™
$3,214,888 **
* 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 | 8,013 BBLs | 70,376 MCF | May 2026 |
| Chincoteague 8 32 Federal | Lea County, NM | 81,839 BBLs | 728,743 MCF | May 2026 |
| Co Grizzly 3 | Lea County, NM | 84,171 BBLs | 405,734 MCF | May 2026 |
| Co VIper 4 33 Federal | Lea County, NM | 13,423 BBLs | 75,400 MCF | May 2026 |
| Co Yeti 15 22 Federal Com | Lea County, NM | 29,607 BBLs | 100,472 MCF | May 2026 |
| Corvo Federal | Lea County, NM | 1,805 BBLs | 4,584 MCF | May 2026 |
| Cotton Draw | Lea County, NM | 276,652 BBLs | 2,501,313 MCF | May 2026 |
| 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 |
| Haflinger 22 27 Federal Com | Lea County, NM | 205,732 BBLs | 1,627,785 MCF | May 2026 |
| Lippizzan 4 Federal | Lea County, NM | 3,450 BBLs | 13,943 MCF | May 2026 |
| Marwari 21 16 State Federal Com | Lea County, NM | 62,380 BBLs | 304,160 MCF | May 2026 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mustang 8 29 Federal Com | Lea County, NM | 5,135 BBLs | 17,959 MCF | May 2026 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 62 BBLs | 0 MCF | May 2026 |
| Paint 33 Federal | Lea County, NM | 5,620 BBLs | 8,934 MCF | May 2026 |
| Paint 4 33 Federal Com | Lea County, NM | 51,009 BBLs | 488,598 MCF | May 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,114 BBLs | 198,546 MCF | May 2026 |
| Trionyx 6 Federal | Lea County, NM | 2,970 BBLs | 20,660 MCF | May 2026 |
These are the closest 20 companies operating near the Mustang 8 17 Federal property.