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 2024
Total Oil Production1,527,705 BBLs
Total Gas Production3,730,410 MCF
Recent Oil Production6,241 BBLs in Jan 2024
Recent Gas Production11,923 MCF in Jan 2024
Wells on Property8

Our Valuation Estimates for Quail 16 State

ShaleAssessment™

$298,802 *

MarketMultiple™

$751,839 **

* 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 2024

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 LTDPlugged, Site ReleasedLea 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 LTDPlugged, Site ReleasedLea 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, NM54,845 BBLs64,106 MCFJan 2024
Coyote 10 FederalLea County, NM103 BBLs35 MCFJan 2024
FederalLea County, NM274 BBLs283 MCFFeb 2024
Government NLea County, NM753 BBLs0 MCFJan 2024
HansonLea County, NM0 BBLs0 MCFDec 2023
Laguna 23 2BS Federal ComLea County, NM1,317 BBLs2,084 MCFJan 2024
Laguna 23 Federal ComLea County, NM2,386 BBLs13,160 MCFJan 2024
Laurie D FederalLea County, NM38 BBLs2,941 MCFJan 2024
Lynch 23 Federal ComLea County, NM4,254 BBLs13,304 MCFFeb 2024
Marathon Road 1Lea County, NM4,470 BBLs17,486 MCFJan 2024
Mud Slide SlimLea County, NM0 BBLs0 MCFFeb 2016
North LeaLea County, NM8,262 BBLs9,691 MCFFeb 2024
Paloma 21 Federal ComLea County, NM6,213 BBLs18,190 MCFFeb 2024
Perry 22 Federal ComLea County, NM1,795 BBLs4,748 MCFFeb 2024
Silver FederalLea County, NM0 BBLs0 MCFNov 2023
Sinagua 18 FederalLea County, NM63 BBLs0 MCFJan 2024
Truman FederalLea County, NM510 BBLs3,735 MCFJan 2024
WallenLea County, NM0 BBLs0 MCFNov 2023
West LynchLea County, NM46 BBLs0 MCFFeb 2024

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
Cimarex Energy Co. Of Colorado
COG Operating LLC
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