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 - May 2026 |
| Total Oil Production | 373,459 BBLs |
| Total Gas Production | 1,232,059 MCF |
| Recent Oil Production | 274 BBLs in May 2026 |
| Recent Gas Production | 1,620 MCF in May 2026 |
| Wells on Property | 5 |
Our Valuation Estimates for Querecho 2
ShaleAssessment™
$25,511 *
MarketMultiple™
$114,551 **
* 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 | May 2026 |
| Cross Bones | Lea County, NM | 538 BBLs | 2,156 MCF | May 2026 |
| Gulf Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Haas 6 Federal Com | Lea County, NM | 500 BBLs | 678 MCF | May 2026 |
| Hulkster | Lea County, NM | 379 BBLs | 3,889 MCF | May 2026 |
| Keel A Federal | Lea County, NM | 288 BBLs | 100 MCF | May 2026 |
| Landsdale D Federal | Lea County, NM | 14 BBLs | 0 MCF | May 2026 |
| Lear State | Lea County, NM | 6 BBLs | 0 MCF | May 2026 |
| LPC 31 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Lusk 31 Federal | Lea County, NM | 143 BBLs | 1,330 MCF | May 2026 |
| Lusk Seven Rivers Unit | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Nana 30 Federal | Lea County, NM | 215 BBLs | 2,220 MCF | May 2026 |
| North Lusk | Lea County, NM | 72 BBLs | 1,567 MCF | May 2026 |
| Patterson | Lea County, NM | 1,307 BBLs | 1,673 MCF | May 2026 |
| Peashooter 4 Federal Com | Lea County, NM | 1,190 BBLs | 1,868 MCF | May 2026 |
| Querecho 23 26 Federal Com | Lea County, NM | 7,380 BBLs | 7,087 MCF | May 2026 |
| Querecho Plains | Lea County, NM | 1,164 BBLs | 3,992 MCF | May 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 | 76 BBLs | 326 MCF | May 2026 |
These are the closest 20 companies operating near the Querecho 2 property.