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 - Jul 2025
Total Oil Production1,628,535 BBLs
Total Gas Production3,883,988 MCF
Recent Oil Production6,022 BBLs in Jun 2025
Recent Gas Production9,570 MCF in Jun 2025
Wells on Property8

Our Valuation Estimates for Quail 16 State

ShaleAssessment™

$243,306 *

MarketMultiple™

$870,565 **

* 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 Jul 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, NM77,472 BBLs151,715 MCFJun 2025
Coyote 10 FederalLea County, NM175 BBLs87 MCFJun 2025
FederalLea County, NM310 BBLs494 MCFJun 2025
HansonLea County, NM0 BBLs0 MCFMar 2025
Laguna 23 2BS Federal ComLea County, NM2,436 BBLs5,048 MCFJun 2025
Laguna 23 Federal ComLea County, NM1,901 BBLs7,098 MCFJun 2025
Laurie D FederalLea County, NM12 BBLs10 MCFJun 2025
Lynch 23 Federal ComLea County, NM2,904 BBLs13,981 MCFJun 2025
Marathon Road 1Lea County, NM2,432 BBLs9,290 MCFJun 2025
Mud Slide SlimLea County, NM0 BBLs0 MCFFeb 2016
North LeaLea County, NM5,099 BBLs4,788 MCFJun 2025
Paloma 21 Federal ComLea County, NM5,222 BBLs11,057 MCFJul 2025
Perry 22 Federal ComLea County, NM1,404 BBLs5,136 MCFJun 2025
Robin FederalLea County, NM237,644 BBLs361,099 MCFJun 2025
Silver FederalLea County, NM0 BBLs0 MCFMay 2025
Sinagua 18 FederalLea County, NM13 BBLs387 MCFJun 2025
Truman FederalLea County, NM246 BBLs2,585 MCFJun 2025
WallenLea County, NM0 BBLs0 MCFMay 2025
West LynchLea County, NM101 BBLs0 MCFJul 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