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 - Sep 2025 |
| Total Oil Production | 366,658 BBLs |
| Total Gas Production | 1,209,892 MCF |
| Recent Oil Production | 1,332 BBLs in Sep 2025 |
| Recent Gas Production | 2,612 MCF in Sep 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Querecho 2
ShaleAssessment™
$28,394 *
MarketMultiple™
$53,921 **
* 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 |
|---|---|---|---|---|
| Bonanza Federal | Lea County, NM | 328 BBLs | 775 MCF | Oct 2025 |
| Bondurant | Lea County, NM | 2 BBLs | 0 MCF | Oct 2025 |
| Cross Bones | Lea County, NM | 282 BBLs | 304 MCF | Sep 2025 |
| Gulf Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Haas 6 Federal Com | Lea County, NM | 4 BBLs | 0 MCF | Sep 2025 |
| Hulkster | Lea County, NM | 385 BBLs | 5,513 MCF | Sep 2025 |
| Keel A Federal | Lea County, NM | 104 BBLs | 87 MCF | Sep 2025 |
| Landsdale D Federal | Lea County, NM | 1 BBLs | 0 MCF | Sep 2025 |
| Lear State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| LPC 31 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Lusk 31 Federal | Lea County, NM | 178 BBLs | 1,586 MCF | Oct 2025 |
| Lusk Seven Rivers Unit | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Nana 30 Federal | Lea County, NM | 289 BBLs | 2,110 MCF | Sep 2025 |
| North Lusk | Lea County, NM | 113 BBLs | 1,892 MCF | Sep 2025 |
| Patterson | Lea County, NM | 35 BBLs | 244 MCF | Oct 2025 |
| Querecho 23 26 Federal Com | Lea County, NM | 13,589 BBLs | 25,526 MCF | Sep 2025 |
| Querecho Plains | Lea County, NM | 944 BBLs | 3,389 MCF | Sep 2025 |
| Watkins | Lea County, NM | 17 BBLs | 116 MCF | Sep 2025 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
These are the closest 20 companies operating near the Querecho 2 property.