Oil & Gas Property in Lea County, NM
Key data points for Mustang Federal
| County | Lea County, NM | 
|---|---|
| Operator | CHI OPERATING, INC. | 
| Production Dates | Apr 1996 - Feb 2001 | 
| Total Oil Production | 14,109 BBLs | 
| Total Gas Production | 9,975 MCF | 
| Recent Oil Production | No Recent Prod. | 
| Recent Gas Production | No Recent Prod. | 
| Wells on Property | 5 | 
Our Valuation Estimates for Mustang Federal
ShaleAssessment™
Not Available
MarketMultiple™
Not Available
* 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 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period | 
|---|---|---|---|---|
| Bonanza Federal | Lea County, NM | 12 BBLs | 0 MCF | Jul 2025 | 
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 | 
| Bushwood 21 16 Federal Com | Lea County, NM | 40,293 BBLs | 30,420 MCF | Jul 2025 | 
| Diamante 21 Federal | Lea County, NM | 421 BBLs | 452 MCF | Jul 2025 | 
| Diamondback 2 | Lea County, NM | 9,675 BBLs | 16,240 MCF | Jul 2025 | 
| Excalibur 17 | Lea County, NM | 177 BBLs | 35 MCF | Jul 2025 | 
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 | 
| Maduro Unit | Lea County, NM | 1,023 BBLs | 2,312 MCF | Jul 2025 | 
| Maverick | Lea County, NM | 0 BBLs | 0 MCF | Sep 2017 | 
| Norte 13 | Lea County, NM | 0 BBLs | 80 MCF | Jul 2025 | 
| Norte 13 He Federal 001H | Lea County, NM | 527 BBLs | 608 MCF | Jul 2025 | 
| Norte 13 Il Federal 001H | Lea County, NM | 589 BBLs | 730 MCF | Jul 2025 | 
| North Maduro Federal Unit | Lea County, NM | 208 BBLs | 253 MCF | Jul 2025 | 
| Paladin Federal | Lea County, NM | 308 BBLs | 1,102 MCF | Jul 2025 | 
| Signal Ross | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 | 
| Spanish Bay 18 19 Federal Com | Lea County, NM | 121,875 BBLs | 116,411 MCF | Jul 2025 | 
| Spyglass 17 Federal | Lea County, NM | 480 BBLs | 140 MCF | Jul 2025 | 
| Tonto | Lea County, NM | 0 BBLs | 0 MCF | Jan 2019 | 
| Tonto 16 21 Federal Com | Lea County, NM | 51,152 BBLs | 42,085 MCF | Jul 2025 | 
| Tonto Federal | Lea County, NM | 2 BBLs | 0 MCF | Aug 2025 | 
These are the closest 20 companies operating near the Mustang Federal property.