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 - Nov 2025 |
| Total Oil Production | 2,114,193 BBLs |
| Total Gas Production | 7,367,263 MCF |
| Recent Oil Production | 24,586 BBLs in Nov 2025 |
| Recent Gas Production | 93,201 MCF in Nov 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for Mustang 8 17 Federal
ShaleAssessment™
Not Available
MarketMultiple™
$6,399,396 **
* 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 | 17,961 BBLs | 74,214 MCF | Nov 2025 |
| Chincoteague 8 32 Federal | Lea County, NM | 189,016 BBLs | 1,242,708 MCF | Nov 2025 |
| Co Grizzly 3 | Lea County, NM | 85,236 BBLs | 405,383 MCF | Nov 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 10,528 BBLs | 69,939 MCF | Nov 2025 |
| Co Yeti 15 22 Federal Com | Lea County, NM | 34,079 BBLs | 109,605 MCF | Nov 2025 |
| Corvo Federal | Lea County, NM | 1,706 BBLs | 2,840 MCF | Nov 2025 |
| Cotton Draw | Lea County, NM | 326,357 BBLs | 2,597,942 MCF | Nov 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 | 28,140 BBLs | 222,475 MCF | Nov 2025 |
| Lippizzan 4 Federal | Lea County, NM | 3,498 BBLs | 14,688 MCF | Nov 2025 |
| Marwari 21 16 State Federal Com | Lea County, NM | 31,812 BBLs | 128,350 MCF | Nov 2025 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mustang 8 29 Federal Com | Lea County, NM | 6,142 BBLs | 20,883 MCF | Nov 2025 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 9 BBLs | 0 MCF | Nov 2025 |
| Paint 33 Federal | Lea County, NM | 6,679 BBLs | 7,853 MCF | Nov 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 58,241 BBLs | 504,089 MCF | Nov 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 2,388 BBLs | 107,486 MCF | Nov 2025 |
| Trionyx 6 Federal | Lea County, NM | 2,461 BBLs | 15,584 MCF | Nov 2025 |
These are the closest 20 companies operating near the Mustang 8 17 Federal property.