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 - May 2026 |
| Total Oil Production | 1,154,141 BBLs |
| Total Gas Production | 3,857,064 MCF |
| Recent Oil Production | 42,547 BBLs in May 2026 |
| Recent Gas Production | 178,927 MCF in May 2026 |
| Wells on Property | 10 |
Our Valuation Estimates for Salado Draw 9
ShaleAssessment™
$64,965 *
MarketMultiple™
$8,828,670 **
* 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 | 1,113 BBLs | 2,686 MCF | May 2026 |
| Braswell 16 State | Lea County, NM | 5,812 BBLs | 18,899 MCF | May 2026 |
| Calm Breeze 2 Federal Com | Lea County, NM | 549 BBLs | 1,088 MCF | May 2026 |
| Goedeke | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Magnolia 15 | Lea County, NM | 46,727 BBLs | 159,873 MCF | May 2026 |
| Red Bull 3 | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Red Hills | Lea County, NM | 215,091 BBLs | 1,608,631 MCF | May 2026 |
| Salado Draw 1 | Lea County, NM | 63,585 BBLs | 252,879 MCF | May 2026 |
| Salado Draw 10 | Lea County, NM | 12,087 BBLs | 32,478 MCF | May 2026 |
| Salado Draw 9 16 W | Lea County, NM | 13,834 BBLs | 34,551 MCF | May 2026 |
| Salado Draw 9 A | Lea County, NM | 2,667 BBLs | 7,371 MCF | May 2026 |
| Salado Draw 9 Bo Federal Com 001H | Lea County, NM | 1,424 BBLs | 9,721 MCF | May 2026 |
| Salado Draw 9 DM Federal Com 001H | Lea County, NM | 1,652 BBLs | 6,240 MCF | May 2026 |
| Salado Draw 9 W | Lea County, NM | 20,156 BBLs | 63,198 MCF | May 2026 |
| SD 18 19 Federal Com | Lea County, NM | 107,710 BBLs | 588,185 MCF | May 2026 |
| SD Ea 18 19 Federal | Lea County, NM | 27,494 BBLs | 293,414 MCF | May 2026 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2017 |
| Tigercat Federal Com | Lea County, NM | 9,571 BBLs | 35,691 MCF | May 2026 |
| Zach 17 8 A1 | Lea County, NM | 43,631 BBLs | 146,810 MCF | May 2026 |
| Zach 17 8 B2NC Federal Com | Lea County, NM | 25,449 BBLs | 114,902 MCF | May 2026 |
These are the closest 20 companies operating near the Salado Draw 9 property.