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 - Feb 2025 |
Total Oil Production | 363,054 BBLs |
Total Gas Production | 1,201,364 MCF |
Recent Oil Production | 476 BBLs in Feb 2025 |
Recent Gas Production | 1,398 MCF in Feb 2025 |
Wells on Property | 5 |
Our Valuation Estimates for Querecho 2
ShaleAssessment™
$31,154 *
MarketMultiple™
$90,411 **
* 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 | Feb 2025 |
Cross Bones | Lea County, NM | 580 BBLs | 2,710 MCF | Feb 2025 |
Gulf Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
Haas 6 Federal Com | Lea County, NM | 518 BBLs | 667 MCF | Feb 2025 |
Hulkster | Lea County, NM | 734 BBLs | 6,196 MCF | Feb 2025 |
Keel A Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Landsdale D Federal | Lea County, NM | 4 BBLs | 81 MCF | Feb 2025 |
Lear State | Lea County, NM | 10 BBLs | 39 MCF | Feb 2025 |
LPC 31 Federal | Lea County, NM | 6 BBLs | 0 MCF | Feb 2025 |
Lusk 31 Federal | Lea County, NM | 179 BBLs | 1,631 MCF | Feb 2025 |
Lusk Seven Rivers Unit | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
Nana 30 Federal | Lea County, NM | 137 BBLs | 1,234 MCF | Feb 2025 |
North Lusk | Lea County, NM | 112 BBLs | 1,876 MCF | Feb 2025 |
Patterson | Lea County, NM | 81 BBLs | 106 MCF | Feb 2025 |
Peashooter 4 Federal Com | Lea County, NM | 823 BBLs | 1,705 MCF | Feb 2025 |
Querecho 23 26 Federal Com | Lea County, NM | 20,011 BBLs | 17,380 MCF | Feb 2025 |
Querecho Plains | Lea County, NM | 531 BBLs | 1,304 MCF | Feb 2025 |
Watkins | Lea County, NM | 24 BBLs | 159 MCF | Feb 2025 |
Young | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
Young Federal | Lea County, NM | 25 BBLs | 317 MCF | Feb 2025 |
These are the closest 20 companies operating near the Querecho 2 property.