Quail 16 State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Quail 16 State Oil & Gas Property

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Property Summary

Key data points for Quail 16 State

CountyLea County, NM
OperatorFASKEN OIL AND RANCH, LTD.
Production DatesNov 2007 - Feb 2025
Total Oil Production1,595,791 BBLs
Total Gas Production3,830,117 MCF
Recent Oil Production6,447 BBLs in Feb 2025
Recent Gas Production8,980 MCF in Feb 2025
Wells on Property8

Our Valuation Estimates for Quail 16 State

ShaleAssessment™

$258,042 *

MarketMultiple™

$737,344 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Quail 16 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Quail 16 State
from Nov 2007 to Feb 2025

Wells on Quail 16 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-38440QUAIL 16 STATE 001FASKEN OIL & RANCH LTDActiveLea County, NM32.574966-103.561317
30-025-39340QUAIL 16 STATE 002FASKEN OIL & RANCH LTDPluggedLea County, NM32.569267-103.567467
30-025-40361QUAIL 16 STATE 003HFASKEN OIL & RANCH LTDActiveLea County, NM32.567707-103.572815
30-025-40531QUAIL 16 STATE 004HFASKEN OIL & RANCH LTDActiveLea County, NM32.566437-103.568527
30-025-40941QUAIL 16 STATE 006FASKEN OIL & RANCH LTDPluggedLea County, NM32.566429-103.561554
30-025-40942QUAIL 16 STATE COM 007HFASKEN OIL & RANCH LTDActiveLea County, NM32.566425-103.557419
30-025-41366QUAIL 16 STATE COM 008HFASKEN OIL & RANCH LTDActiveLea County, NM32.566601-103.563438
30-025-43422QUAIL 16 STATE SWD 009FASKEN OIL & RANCH LTDActiveLea County, NM32.568773-103.566299

Leases included in Quail 16 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
316809QUAIL 16 STATE SWDFASKEN OIL & RANCH LTDLea County, NM
36547QUAIL 16 STATEFASKEN OIL & RANCH LTDLea County, NM
38941QUAIL 16 STATE COMFASKEN OIL & RANCH LTDLea County, NM

Nearby Properties

These are the closest 20 properties to the Quail 16 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ballard De FederalLea County, NM0 BBLs0 MCFNov 2018
Batman Federal ComLea County, NM79,443 BBLs141,573 MCFFeb 2025
Coyote 10 FederalLea County, NM186 BBLs86 MCFFeb 2025
FederalLea County, NM927 BBLs1,576 MCFFeb 2025
HansonLea County, NM0 BBLs0 MCFMay 2024
Laguna 23 2BS Federal ComLea County, NM2,198 BBLs6,306 MCFFeb 2025
Laguna 23 Federal ComLea County, NM1,568 BBLs4,316 MCFFeb 2025
Laurie D FederalLea County, NM10 BBLs11 MCFFeb 2025
Lynch 23 Federal ComLea County, NM2,964 BBLs13,114 MCFFeb 2025
Marathon Road 1Lea County, NM5,009 BBLs16,180 MCFFeb 2025
Mud Slide SlimLea County, NM0 BBLs0 MCFFeb 2016
North LeaLea County, NM5,974 BBLs7,085 MCFFeb 2025
Paloma 21 Federal ComLea County, NM5,334 BBLs9,320 MCFFeb 2025
Perry 22 Federal ComLea County, NM1,611 BBLs4,829 MCFFeb 2025
Robin FederalLea County, NM245,564 BBLs336,049 MCFFeb 2025
Silver FederalLea County, NM0 BBLs0 MCFJan 2025
Sinagua 18 FederalLea County, NM41 BBLs1,261 MCFFeb 2025
Truman FederalLea County, NM141 BBLs1,838 MCFFeb 2025
WallenLea County, NM0 BBLs0 MCFJan 2025
West LynchLea County, NM7 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 20 companies operating near the Quail 16 State property.

Company Name
3R Operating , LLC
Arco Permian
C W Trainer
Caza Operating, LLC
Cimarex Energy Co. Of Colorado
COG Operating LLC
Coterra Energy Operating Co.
Dakota Resources, Inc
Earthstone Operating, LLC
Fasken Oil And Ranch, LTD.
Hudson Oil Company Of Texas
Kelly H. Baxter
Marathon Oil Permian LLC
Matador Production Company
Mewbourne Oil Company
Permian Resources Operating, LLC
Read & Stevens, Inc.
Samson Resources Company
Wallen Production Co.
Xeric Oil & Gas Corporation