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 - Nov 2025 |
| Total Oil Production | 369,574 BBLs |
| Total Gas Production | 1,216,870 MCF |
| Recent Oil Production | 1,506 BBLs in Nov 2025 |
| Recent Gas Production | 3,834 MCF in Nov 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Querecho 2
ShaleAssessment™
$27,562 *
MarketMultiple™
$64,944 **
* 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 | 0 BBLs | 0 MCF | Oct 2025 |
| Cross Bones | Lea County, NM | 556 BBLs | 1,774 MCF | Nov 2025 |
| Gulf Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Haas 6 Federal Com | Lea County, NM | 204 BBLs | 386 MCF | Nov 2025 |
| Hulkster | Lea County, NM | 591 BBLs | 5,130 MCF | Nov 2025 |
| Keel A Federal | Lea County, NM | 291 BBLs | 90 MCF | Nov 2025 |
| Landsdale D Federal | Lea County, NM | 28 BBLs | 0 MCF | Nov 2025 |
| Lear State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| LPC 31 Federal | Lea County, NM | 0 BBLs | 43 MCF | Nov 2025 |
| Lusk 31 Federal | Lea County, NM | 349 BBLs | 1,571 MCF | Nov 2025 |
| Lusk Seven Rivers Unit | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| McKay West Federal | Lea County, NM | 314 BBLs | 176 MCF | Nov 2025 |
| Nana 30 Federal | Lea County, NM | 0 BBLs | 659 MCF | Nov 2025 |
| North Lusk | Lea County, NM | 57 BBLs | 1,101 MCF | Nov 2025 |
| Patterson | Lea County, NM | 1,767 BBLs | 3,041 MCF | Nov 2025 |
| Querecho 23 26 Federal Com | Lea County, NM | 23,303 BBLs | 41,300 MCF | Nov 2025 |
| Querecho Plains | Lea County, NM | 151 BBLs | 1,153 MCF | Nov 2025 |
| 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 | 16 BBLs | 181 MCF | Nov 2025 |
These are the closest 20 companies operating near the Querecho 2 property.