Oil & Gas Property in Lea County, NM
Key data points for Salado Draw 16 9 B
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Apr 2023 - Oct 2025 |
| Total Oil Production | 1,393,508 BBLs |
| Total Gas Production | 3,740,319 MCF |
| Recent Oil Production | 23,565 BBLs in Oct 2025 |
| Recent Gas Production | 96,206 MCF in Oct 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Salado Draw 16 9 B
ShaleAssessment™
Not Available
MarketMultiple™
$3,454,009 **
* 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 Salado Draw 16 9 B property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ammons Madera | Lea County, NM | 0 BBLs | 0 MCF | Nov 2014 |
| Braswell 16 State | Lea County, NM | 5,630 BBLs | 17,665 MCF | Oct 2025 |
| El Mar 21 A3cn Federal Com | Lea County, NM | 1,165 BBLs | 8,135 MCF | Oct 2025 |
| El Mar 21 A3dm Federal Com | Lea County, NM | 1,651 BBLs | 10,133 MCF | Oct 2025 |
| El Mar 21 B1DM Federal Com | Lea County, NM | 3,781 BBLs | 15,258 MCF | Oct 2025 |
| El Mar 21 B2DM Federal Com | Lea County, NM | 4,663 BBLs | 27,101 MCF | Oct 2025 |
| El Mar 21 H3CN Federal Com | Lea County, NM | 1,310 BBLs | 1,084 MCF | Oct 2025 |
| El Mar 21 H3DM Federal Com | Lea County, NM | 4,815 BBLs | 21,283 MCF | Oct 2025 |
| El Mar 21 W0CN Federal Com | Lea County, NM | 696 BBLs | 3,499 MCF | Oct 2025 |
| El Mar 21 W0DM Federal Com | Lea County, NM | 1,220 BBLs | 7,218 MCF | Oct 2025 |
| El Mar 21 W1CN Federal Com | Lea County, NM | 1,064 BBLs | 4,814 MCF | Oct 2025 |
| El Mar 21 W1DM Federal Com | Lea County, NM | 832 BBLs | 3,376 MCF | Oct 2025 |
| El Mar 21 W2DM Federal Com | Lea County, NM | 10,669 BBLs | 46,747 MCF | Oct 2025 |
| Magnolia 15 | Lea County, NM | 63,569 BBLs | 215,918 MCF | Oct 2025 |
| Ophelia 22 | Lea County, NM | 13,926 BBLs | 50,521 MCF | Oct 2025 |
| Salado Draw 1 | Lea County, NM | 80,362 BBLs | 330,239 MCF | Oct 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2017 |
| Thor 21 | Lea County, NM | 5,761 BBLs | 30,741 MCF | Oct 2025 |
| Thor 21 Federal Com | Lea County, NM | 3,348 BBLs | 22,610 MCF | Oct 2025 |
| Vast State | Lea County, NM | 11,476 BBLs | 57,515 MCF | Oct 2025 |
These are the closest 20 companies operating near the Salado Draw 16 9 B property.