Oil & Gas Property in Lea County, NM
Key data points for Red Hills 21 W1DM Federal Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Sep 2017 - Jul 2024 |
| Total Oil Production | 322,808 BBLs |
| Total Gas Production | 931,354 MCF |
| Recent Oil Production | 1,121 BBLs in Jul 2024 |
| Recent Gas Production | 4,139 MCF in Jul 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Red Hills 21 W1DM Federal Com
ShaleAssessment™
$40,371 *
MarketMultiple™
$160,044 **
* 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 W1DM Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Battle Axe 27 Federal Com | Lea County, NM | 8,697 BBLs | 23,244 MCF | Jul 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 | May 2024 |
| Conoco Federal | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Exxon Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2004 |
| Kiehne Ranch 15 26 32 USA | Lea County, NM | 1,186 BBLs | 934 MCF | Jul 2024 |
| Red Hills 21 Bo Federal Com | Lea County, NM | 1,839 BBLs | 8,638 MCF | Jul 2024 |
| Red Hills West | Lea County, NM | 111,556 BBLs | 494,478 MCF | Jul 2024 |
| Red Hills West 2 | Lea County, NM | 51,903 BBLs | 299,794 MCF | Jul 2024 |
| Russell | Eddy County, NM | 833 BBLs | 0 MCF | Jul 2024 |
| SD 15 Federal P | Lea County, NM | 36,985 BBLs | 206,426 MCF | Jul 2024 |
| SD We 14 Federal P | Lea County, NM | 0 BBLs | 6,233 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 | 96 BBLs | 29,544 MCF | Jul 2024 |
| 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 |
| Zia Hills Unit | Eddy County, NM | 314,665 BBLs | 1,445,220 MCF | Jul 2024 |
These are the closest 20 companies operating near the Red Hills 21 W1DM Federal Com property.