Oil & Gas Property in Lea County, NM
Key data points for Querecho 2
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Aug 1998 - Jul 2025 |
| Total Oil Production | 365,180 BBLs |
| Total Gas Production | 1,206,774 MCF |
| Recent Oil Production | 679 BBLs in Jul 2025 |
| Recent Gas Production | 1,931 MCF in Jul 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Querecho 2
ShaleAssessment™
$29,203 *
MarketMultiple™
$72,441 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Querecho 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bondurant | Lea County, NM | 3 BBLs | 0 MCF | Aug 2025 |
| Cross Bones | Lea County, NM | 760 BBLs | 1,229 MCF | Jul 2025 |
| Gulf Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Haas 6 Federal Com | Lea County, NM | 54 BBLs | 13 MCF | Jul 2025 |
| Hulkster | Lea County, NM | 551 BBLs | 5,823 MCF | Aug 2025 |
| Keel A Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Landsdale D Federal | Lea County, NM | 19 BBLs | 0 MCF | Jul 2025 |
| Lear State | Lea County, NM | 0 BBLs | 85 MCF | Aug 2025 |
| LPC 31 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Lusk 31 Federal | Lea County, NM | 181 BBLs | 1,834 MCF | Aug 2025 |
| Lusk Seven Rivers Unit | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Nana 30 Federal | Lea County, NM | 248 BBLs | 1,836 MCF | Aug 2025 |
| North Lusk | Lea County, NM | 82 BBLs | 1,738 MCF | Jul 2025 |
| Patterson | Lea County, NM | 312 BBLs | 339 MCF | Aug 2025 |
| Querecho 23 26 Federal Com | Lea County, NM | 20,434 BBLs | 19,963 MCF | Jul 2025 |
| Querecho Plains | Lea County, NM | 798 BBLs | 4,011 MCF | Jul 2025 |
| Tyke Federal | Lea County, NM | 0 BBLs | 314 MCF | Jul 2025 |
| Watkins | Lea County, NM | 14 BBLs | 116 MCF | Aug 2025 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Federal | Lea County, NM | 0 BBLs | 71 MCF | Jul 2025 |
These are the closest 20 companies operating near the Querecho 2 property.