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 - Aug 2025
Total Oil Production1,634,397 BBLs
Total Gas Production3,894,838 MCF
Recent Oil Production6,231 BBLs in Jul 2025
Recent Gas Production11,397 MCF in Jul 2025
Wells on Property8

Our Valuation Estimates for Quail 16 State

ShaleAssessment™

$240,281 *

MarketMultiple™

$837,747 **

* 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 Aug 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 001Avant Operating II, LLCActiveLea County, NM32.574966-103.561317
30-025-39340QUAIL 16 STATE 002FASKEN OIL & RANCH LTDPluggedLea County, NM32.569267-103.567467
30-025-40361QUAIL 16 STATE 003HAvant Operating II, LLCActiveLea County, NM32.567707-103.572815
30-025-40531QUAIL 16 STATE 004HAvant Operating II, LLCActiveLea 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 007HAvant Operating II, LLCActiveLea County, NM32.566425-103.557419
30-025-41366QUAIL 16 STATE COM 008HAvant Operating II, LLCActiveLea County, NM32.566601-103.563438
30-025-43422QUAIL 16 STATE SWD 009Avant Operating II, LLCActiveLea County, NM32.568773-103.566299

Leases included in Quail 16 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
337744QUAIL 16 STATEAvant Operating II, LLCLea County, NM
337745QUAIL 16 STATE COMAvant Operating II, LLCLea County, NM
337747QUAIL 16 STATE SWDAvant Operating II, LLCLea County, NM
36547QUAIL 16 STATEFASKEN 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, NM68,919 BBLs147,211 MCFJul 2025
Coyote 10 FederalLea County, NM195 BBLs89 MCFJul 2025
FederalLea County, NM551 BBLs1,647 MCFAug 2025
HansonLea County, NM0 BBLs0 MCFMar 2025
Laguna 23 2BS Federal ComLea County, NM2,024 BBLs3,849 MCFJul 2025
Laguna 23 Federal ComLea County, NM1,839 BBLs9,199 MCFJul 2025
Laurie D FederalLea County, NM10 BBLs33 MCFJul 2025
Lynch 23 Federal ComLea County, NM2,899 BBLs15,309 MCFJul 2025
Marathon Road 1Lea County, NM4,287 BBLs16,219 MCFJul 2025
Mud Slide SlimLea County, NM0 BBLs0 MCFFeb 2016
North LeaLea County, NM6,831 BBLs10,725 MCFJul 2025
Paloma 21 Federal ComLea County, NM4,414 BBLs10,210 MCFAug 2025
Perry 22 Federal ComLea County, NM1,356 BBLs4,800 MCFJul 2025
Robin FederalLea County, NM322,479 BBLs516,349 MCFJul 2025
Silver FederalLea County, NM258 BBLs35 MCFJul 2025
Sinagua 18 FederalLea County, NM10 BBLs112 MCFJul 2025
Truman FederalLea County, NM117 BBLs1,137 MCFJul 2025
WallenLea County, NM0 BBLs0 MCFJun 2025
West LynchLea County, NM76 BBLs0 MCFAug 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
BXP Operating, LLC
C W Trainer
Caza Operating, LLC
Cimarex Energy Co. Of Colorado
COG Operating LLC
Coterra Energy Operating Co.
Dakota Resources, Inc
Earthstone Operating, LLC
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