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 - Jan 2024 |
Total Oil Production | 354,763 BBLs |
Total Gas Production | 1,182,649 MCF |
Recent Oil Production | 1,027 BBLs in Jan 2024 |
Recent Gas Production | 1,965 MCF in Jan 2024 |
Wells on Property | 5 |
Our Valuation Estimates for Querecho 2
ShaleAssessment™
$37,077 *
MarketMultiple™
$74,357 **
* 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 |
---|---|---|---|---|
Cross Bones | Lea County, NM | 698 BBLs | 3,338 MCF | Feb 2024 |
Egl Federal | Lea County, NM | 375 BBLs | 2,141 MCF | Feb 2024 |
Gulf Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2019 |
Hulkster | Lea County, NM | 526 BBLs | 4,678 MCF | Feb 2024 |
Keel A Federal | Lea County, NM | 231 BBLs | 0 MCF | Feb 2024 |
Landsdale D Federal | Lea County, NM | 12 BBLs | 167 MCF | Feb 2024 |
Lear State | Lea County, NM | 20 BBLs | 240 MCF | Jan 2024 |
Lusk 31 Federal | Lea County, NM | 173 BBLs | 1,521 MCF | Jan 2024 |
Lusk Seven Rivers Unit | Lea County, NM | 0 BBLs | 0 MCF | Dec 2023 |
McKay West Federal | Lea County, NM | 324 BBLs | 130 MCF | Feb 2024 |
Nana 30 Federal | Lea County, NM | 351 BBLs | 2,478 MCF | Feb 2024 |
North Lusk | Lea County, NM | 3 BBLs | 454 MCF | Feb 2024 |
Patterson | Lea County, NM | 3,312 BBLs | 3,989 MCF | Feb 2024 |
Peashooter 4 Federal Com | Lea County, NM | 1,313 BBLs | 2,207 MCF | Feb 2024 |
Querecho Plains | Lea County, NM | 129 BBLs | 1,752 MCF | Feb 2024 |
Valhalla 4 Federal Com | Lea County, NM | 349 BBLs | 1,682 MCF | Feb 2024 |
Warhawk 3 Federal Com | Lea County, NM | 901 BBLs | 1,490 MCF | Feb 2024 |
Watkins | Lea County, NM | 9 BBLs | 7 MCF | Feb 2024 |
Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
Young Federal | Lea County, NM | 39 BBLs | 363 MCF | Feb 2024 |
These are the closest 20 companies operating near the Querecho 2 property.