Oil & Gas Property in Lea County, NM
Key data points for Mustang 8 29 Federal Com
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY, L.P. |
| Production Dates | Oct 2020 - Feb 2026 |
| Total Oil Production | 1,022,897 BBLs |
| Total Gas Production | 3,149,640 MCF |
| Recent Oil Production | 5,750 BBLs in Feb 2026 |
| Recent Gas Production | 11,638 MCF in Feb 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Mustang 8 29 Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$768,058 **
* 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 29 Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Chincoteague | Lea County, NM | 21,757 BBLs | 92,655 MCF | Feb 2026 |
| Chincoteague 8 32 Federal | Lea County, NM | 146,574 BBLs | 1,073,727 MCF | Feb 2026 |
| Co Grizzly 3 | Lea County, NM | 78,857 BBLs | 230,993 MCF | Feb 2026 |
| Co VIper 4 33 Federal | Lea County, NM | 16,682 BBLs | 67,310 MCF | Feb 2026 |
| Co Yeti 15 22 Federal Com | Lea County, NM | 35,868 BBLs | 7,031 MCF | Feb 2026 |
| Corvo Federal | Lea County, NM | 1,773 BBLs | 3,554 MCF | Feb 2026 |
| Cotton Draw | Lea County, NM | 291,060 BBLs | 2,402,175 MCF | Feb 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 | 470,531 BBLs | 1,968,258 MCF | Feb 2026 |
| Lippizzan 4 Federal | Lea County, NM | 3,493 BBLs | 12,296 MCF | Feb 2026 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mustang 8 17 Federal | Lea County, NM | 21,211 BBLs | 83,317 MCF | Feb 2026 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 9 BBLs | 0 MCF | Feb 2026 |
| Paint 33 Federal | Lea County, NM | 4,629 BBLs | 6,965 MCF | Feb 2026 |
| Paint 4 33 Federal Com | Lea County, NM | 45,875 BBLs | 477,549 MCF | Feb 2026 |
| Ruthless 11 Federal Com | Lea County, NM | 115,645 BBLs | 926,680 MCF | Feb 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 3,545 BBLs | 142,290 MCF | Feb 2026 |
| Trionyx 6 Federal | Lea County, NM | 3,591 BBLs | 19,136 MCF | Feb 2026 |
These are the closest 20 companies operating near the Mustang 8 29 Federal Com property.