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 - Jan 2024 |
| Total Oil Production | 139,267 BBLs |
| Total Gas Production | 585,937 MCF |
| Recent Oil Production | 2,206 BBLs in Jan 2024 |
| Recent Gas Production | 10,140 MCF in Jan 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Red Hills 21 Bo Federal Com
ShaleAssessment™
$4,033 *
MarketMultiple™
$320,092 **
* 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 | 4,749 BBLs | 11,517 MCF | Feb 2024 |
| Buck 17 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2019 |
| Buck 20 Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Conoco D Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| Conoco Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| Exxon Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2004 |
| Kiehne Ranch 15 26 32 USA | Lea County, NM | 1,566 BBLs | 2,435 MCF | Feb 2024 |
| Red Hills 21 W1DM Federal Com | Lea County, NM | 797 BBLs | 2,653 MCF | Jan 2024 |
| Red Hills West | Lea County, NM | 137,167 BBLs | 632,264 MCF | Feb 2024 |
| Red Hills West 2 | Lea County, NM | 54,601 BBLs | 265,445 MCF | Jan 2024 |
| Russell | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2023 |
| SD 14 23 Federal P | Lea County, NM | 222,780 BBLs | 644,287 MCF | Feb 2024 |
| SD 15 Federal P | Lea County, NM | 47,266 BBLs | 217,180 MCF | Feb 2024 |
| SD We 14 Federal P | Lea County, NM | 3,884 BBLs | 22,907 MCF | Feb 2024 |
| SD We 15 Federal P | Lea County, NM | 0 BBLs | 15,046 MCF | Feb 2024 |
| SD We 23 Federal P | Lea County, NM | 1,579 BBLs | 128,683 MCF | Feb 2024 |
| State NNG | Lea County, NM | 0 BBLs | 0 MCF | Dec 2015 |
| Thompson 1 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| Wilder 28 Ac Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
| Wilder 29 Federal | Lea County, NM | 383 BBLs | 4,005 MCF | Feb 2024 |
These are the closest 20 companies operating near the Red Hills 21 Bo Federal Com property.