Oil & Gas Property in Lea County, NM
Key data points for Norte 13
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jan 2008 - Jul 2025 |
| Total Oil Production | 3,683 BBLs |
| Total Gas Production | 285,631 MCF |
| Recent Oil Production | 0 BBLs in Jul 2025 |
| Recent Gas Production | 80 MCF in Jul 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Norte 13
ShaleAssessment™
$210 *
MarketMultiple™
$183 **
* 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 Norte 13 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 |
| Diamondback 2 | Lea County, NM | 9,675 BBLs | 16,240 MCF | Jul 2025 |
| East Lusk 15 Federal Com | Lea County, NM | 1,190 BBLs | 2,709 MCF | Jul 2025 |
| Excalibur 17 | Lea County, NM | 177 BBLs | 35 MCF | Jul 2025 |
| Grayling 14 Federal Com | Lea County, NM | 82,761 BBLs | 72,081 MCF | Aug 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Korczak Federal | Lea County, NM | 235 BBLs | 4,340 MCF | Aug 2025 |
| Lusk 22 Federal | Lea County, NM | 82 BBLs | 133 MCF | Jul 2025 |
| Lusk 23 Federal | Lea County, NM | 158 BBLs | 649 MCF | Jul 2025 |
| Maverick | Lea County, NM | 0 BBLs | 0 MCF | Sep 2017 |
| Mustang Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2001 |
| 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 Federal | Lea County, NM | 2 BBLs | 0 MCF | Aug 2025 |
These are the closest 20 companies operating near the Norte 13 property.