Oil & Gas Property in Lea County, NM
Key data points for Salado Draw 9
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Apr 2025 - Jun 2026 |
| Total Oil Production | 1,192,299 BBLs |
| Total Gas Production | 4,028,347 MCF |
| Recent Oil Production | 38,158 BBLs in Jun 2026 |
| Recent Gas Production | 171,283 MCF in Jun 2026 |
| Wells on Property | 10 |
Our Valuation Estimates for Salado Draw 9
ShaleAssessment™
$64,101 *
MarketMultiple™
$7,451,052 **
* 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 9 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Battle Axe Federal Com | Lea County, NM | 578 BBLs | 928 MCF | Jul 2026 |
| Braswell 16 State | Lea County, NM | 5,373 BBLs | 18,361 MCF | Jun 2026 |
| Calm Breeze 2 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | May 2026 |
| Goedeke | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Magnolia 15 | Lea County, NM | 40,756 BBLs | 144,005 MCF | Jun 2026 |
| Red Bull 3 | Lea County, NM | 0 BBLs | 0 MCF | Jul 2026 |
| Red Hills | Lea County, NM | 216,900 BBLs | 1,619,453 MCF | Jun 2026 |
| Salado Draw 1 | Lea County, NM | 56,385 BBLs | 239,857 MCF | Jun 2026 |
| Salado Draw 10 | Lea County, NM | 9,713 BBLs | 25,652 MCF | Jun 2026 |
| Salado Draw 9 16 W | Lea County, NM | 10,523 BBLs | 24,567 MCF | Jun 2026 |
| Salado Draw 9 A | Lea County, NM | 2,602 BBLs | 10,898 MCF | Jun 2026 |
| Salado Draw 9 Bo Federal Com 001H | Lea County, NM | 1,080 BBLs | 5,726 MCF | Jun 2026 |
| Salado Draw 9 DM Federal Com 001H | Lea County, NM | 1,313 BBLs | 5,529 MCF | Jun 2026 |
| Salado Draw 9 W | Lea County, NM | 17,373 BBLs | 62,945 MCF | Jun 2026 |
| SD 18 19 Federal Com | Lea County, NM | 83,438 BBLs | 452,523 MCF | Jun 2026 |
| SD Ea 18 19 Federal | Lea County, NM | 39,543 BBLs | 269,590 MCF | Jun 2026 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2017 |
| Tigercat Federal Com | Lea County, NM | 7,864 BBLs | 27,970 MCF | Jul 2026 |
| Zach 17 8 A1 | Lea County, NM | 35,087 BBLs | 124,874 MCF | Jun 2026 |
| Zach 17 8 B2NC Federal Com | Lea County, NM | 22,776 BBLs | 99,846 MCF | Jun 2026 |
These are the closest 20 companies operating near the Salado Draw 9 property.