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 - Mar 2026 |
| Total Oil Production | 372,578 BBLs |
| Total Gas Production | 1,228,781 MCF |
| Recent Oil Production | 853 BBLs in Mar 2026 |
| Recent Gas Production | 3,172 MCF in Mar 2026 |
| Wells on Property | 5 |
Our Valuation Estimates for Querecho 2
ShaleAssessment™
$26,171 *
MarketMultiple™
$112,135 **
* 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 | 2 BBLs | 0 MCF | Mar 2026 |
| Cross Bones | Lea County, NM | 897 BBLs | 2,269 MCF | Mar 2026 |
| Gulf Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Haas 6 Federal Com | Lea County, NM | 766 BBLs | 895 MCF | Mar 2026 |
| Hulkster | Lea County, NM | 407 BBLs | 6,036 MCF | Apr 2026 |
| Keel A Federal | Lea County, NM | 333 BBLs | 164 MCF | Mar 2026 |
| Landsdale D Federal | Lea County, NM | 19 BBLs | 0 MCF | Mar 2026 |
| Lear State | Lea County, NM | 13 BBLs | 0 MCF | Mar 2026 |
| LPC 31 Federal | Lea County, NM | 0 BBLs | 49 MCF | Mar 2026 |
| Lusk 31 Federal | Lea County, NM | 154 BBLs | 1,459 MCF | Mar 2026 |
| Lusk Seven Rivers Unit | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| McKay West Federal | Lea County, NM | 312 BBLs | 192 MCF | Apr 2026 |
| Nana 30 Federal | Lea County, NM | 0 BBLs | 257 MCF | Apr 2026 |
| North Lusk | Lea County, NM | 77 BBLs | 1,868 MCF | Apr 2026 |
| Patterson | Lea County, NM | 900 BBLs | 1,415 MCF | Mar 2026 |
| Peashooter 4 Federal Com | Lea County, NM | 758 BBLs | 1,465 MCF | Mar 2026 |
| Querecho Plains | Lea County, NM | 602 BBLs | 1,386 MCF | Mar 2026 |
| Watkins | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Young Federal | Lea County, NM | 0 BBLs | 270 MCF | Mar 2026 |
These are the closest 20 companies operating near the Querecho 2 property.