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 - May 2025
Total Oil Production1,616,282 BBLs
Total Gas Production3,863,021 MCF
Recent Oil Production7,110 BBLs in May 2025
Recent Gas Production11,548 MCF in May 2025
Wells on Property8

Our Valuation Estimates for Quail 16 State

ShaleAssessment™

$249,277 *

MarketMultiple™

$862,442 **

* 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 May 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, NM79,191 BBLs156,102 MCFMay 2025
Coyote 10 FederalLea County, NM0 BBLs0 MCFApr 2025
FederalLea County, NM453 BBLs629 MCFMay 2025
HansonLea County, NM0 BBLs0 MCFMar 2025
Laguna 23 2BS Federal ComLea County, NM2,693 BBLs5,949 MCFMay 2025
Laguna 23 Federal ComLea County, NM1,512 BBLs5,194 MCFMay 2025
Laurie D FederalLea County, NM0 BBLs0 MCFApr 2025
Lynch 23 Federal ComLea County, NM2,876 BBLs14,441 MCFMay 2025
Marathon Road 1Lea County, NM4,141 BBLs14,584 MCFMay 2025
Mud Slide SlimLea County, NM0 BBLs0 MCFFeb 2016
North LeaLea County, NM7,276 BBLs9,819 MCFMay 2025
Paloma 21 Federal ComLea County, NM5,895 BBLs11,235 MCFMay 2025
Perry 22 Federal ComLea County, NM1,555 BBLs5,523 MCFMay 2025
Robin FederalLea County, NM319,480 BBLs371,890 MCFMay 2025
Silver FederalLea County, NM0 BBLs0 MCFApr 2025
Sinagua 18 FederalLea County, NM119 BBLs333 MCFMay 2025
Truman FederalLea County, NM0 BBLs0 MCFApr 2025
WallenLea County, NM0 BBLs0 MCFFeb 2025
West LynchLea County, NM14 BBLs0 MCFMay 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