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 - Dec 2025 |
| Total Oil Production | 2,138,661 BBLs |
| Total Gas Production | 7,465,329 MCF |
| Recent Oil Production | 24,468 BBLs in Dec 2025 |
| Recent Gas Production | 98,066 MCF in Dec 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for Mustang 8 17 Federal
ShaleAssessment™
Not Available
MarketMultiple™
$6,681,622 **
* 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 | 19,328 BBLs | 91,921 MCF | Dec 2025 |
| Chincoteague 8 32 Federal | Lea County, NM | 177,219 BBLs | 1,181,743 MCF | Dec 2025 |
| Co Grizzly 3 | Lea County, NM | 83,077 BBLs | 367,802 MCF | Dec 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 12,087 BBLs | 75,194 MCF | Dec 2025 |
| Co Yeti 15 22 Federal Com | Lea County, NM | 27,811 BBLs | 103,192 MCF | Dec 2025 |
| Corvo Federal | Lea County, NM | 1,983 BBLs | 4,025 MCF | Dec 2025 |
| Cotton Draw | Lea County, NM | 305,404 BBLs | 2,569,401 MCF | Dec 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 |
| Haflinger 22 27 Federal Com | Lea County, NM | 17,347 BBLs | 131,850 MCF | Dec 2025 |
| Lippizzan 4 Federal | Lea County, NM | 3,651 BBLs | 16,146 MCF | Dec 2025 |
| Marwari 21 16 State Federal Com | Lea County, NM | 38,278 BBLs | 132,603 MCF | Dec 2025 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mustang 8 29 Federal Com | Lea County, NM | 5,015 BBLs | 19,401 MCF | Dec 2025 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 2 BBLs | 0 MCF | Dec 2025 |
| Paint 33 Federal | Lea County, NM | 5,268 BBLs | 6,418 MCF | Dec 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 57,741 BBLs | 541,551 MCF | Dec 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 4,707 BBLs | 193,919 MCF | Dec 2025 |
| Trionyx 6 Federal | Lea County, NM | 2,124 BBLs | 14,849 MCF | Dec 2025 |
These are the closest 20 companies operating near the Mustang 8 17 Federal property.