Oil & Gas Property in Lea County, NM
Key data points for Red Hills 21 Bo Federal Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Mar 2014 - Jul 2025 |
| Total Oil Production | 161,874 BBLs |
| Total Gas Production | 683,873 MCF |
| Recent Oil Production | 1,083 BBLs in Jul 2025 |
| Recent Gas Production | 5,670 MCF in Jul 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Red Hills 21 Bo Federal Com
ShaleAssessment™
$3,277 *
MarketMultiple™
$126,815 **
* 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 Red Hills 21 Bo Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Battle Axe 27 Federal Com | Lea County, NM | 6,224 BBLs | 19,143 MCF | Aug 2025 |
| Buck 17 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2019 |
| Buck 20 Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Bufflehead 10 Federal | Lea County, NM | 1,030 BBLs | 2,264 MCF | Aug 2025 |
| Conoco D Federal | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Conoco Federal | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Exxon Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2004 |
| Red Hills 21 W1DM Federal Com | Lea County, NM | 548 BBLs | 3,792 MCF | Jul 2025 |
| Red Hills West | Lea County, NM | 81,174 BBLs | 376,419 MCF | Aug 2025 |
| Red Hills West 2 | Lea County, NM | 121,335 BBLs | 498,024 MCF | Jul 2025 |
| Russell | Eddy County, NM | 476 BBLs | 0 MCF | Jul 2025 |
| SD 14 23 Federal P | Lea County, NM | 101,151 BBLs | 563,070 MCF | Jul 2025 |
| SD 15 Federal P | Lea County, NM | 25,799 BBLs | 202,929 MCF | Jul 2025 |
| SD We 14 Federal P | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| SD We 15 Federal P | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| SD We 23 Federal P | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| State NNG | Lea County, NM | 0 BBLs | 0 MCF | Dec 2015 |
| Thompson 1 | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Wilder 28 Ac Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
| Wilder 29 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
These are the closest 20 companies operating near the Red Hills 21 Bo Federal Com property.