Oil & Gas Property in Lea County, NM
Key data points for Red Hills West 2
County | Lea County, NM |
---|---|
Operator | MEWBOURNE OIL COMPANY |
Production Dates | Feb 2011 - Jan 2024 |
Total Oil Production | 7,045,613 BBLs |
Total Gas Production | 24,524,334 MCF |
Recent Oil Production | 54,601 BBLs in Jan 2024 |
Recent Gas Production | 265,445 MCF in Jan 2024 |
Wells on Property | 25 |
Our Valuation Estimates for Red Hills West 2
ShaleAssessment™
Not Available
MarketMultiple™
$9,739,733 **
* 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 West 2 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 |
Bufflehead 10 Federal | Lea County, NM | 1,260 BBLs | 5,382 MCF | Feb 2024 |
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 Bo Federal Com | Lea County, NM | 2,206 BBLs | 10,140 MCF | Jan 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 |
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 |
SD We 24 Federal P23 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
State NNG | Lea County, NM | 0 BBLs | 0 MCF | Dec 2015 |
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 West 2 property.