Oil & Gas Property in Lea County, NM
Key data points for Scharb 10
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Mar 2014 - Sep 2025 |
| Total Oil Production | 1,290,850 BBLs |
| Total Gas Production | 685,807 MCF |
| Recent Oil Production | 3,266 BBLs in Aug 2025 |
| Recent Gas Production | 2,137 MCF in Aug 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Scharb 10
ShaleAssessment™
$176,097 *
MarketMultiple™
$489,140 **
* 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 Scharb 10 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 3,358 BBLs | 2,840 MCF | Oct 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Cimarron | Lea County, NM | 1,361 BBLs | 1,126 MCF | Oct 2025 |
| Cimarron 16 19 34 RN State Com | Lea County, NM | 2,083 BBLs | 2,122 MCF | Oct 2025 |
| Cow Bell 9 4 Federal Com | Lea County, NM | 142,932 BBLs | 117,465 MCF | Sep 2025 |
| Espejo Federal Com | Lea County, NM | 7,260 BBLs | 12,192 MCF | Oct 2025 |
| Go State | Lea County, NM | 15,338 BBLs | 13,879 MCF | Oct 2025 |
| King Cobra 2 State | Lea County, NM | 1,861 BBLs | 2,117 MCF | Oct 2025 |
| Lea Ed State NCT-A | Lea County, NM | 52 BBLs | 0 MCF | Oct 2025 |
| Pipeline | Lea County, NM | 129 BBLs | 142 MCF | Oct 2025 |
| Playa 2 State | Lea County, NM | 523 BBLs | 464 MCF | Oct 2025 |
| Quail 11 State | Lea County, NM | 3,254 BBLs | 2,755 MCF | Oct 2025 |
| Quail Queen Unit | Lea County, NM | 58 BBLs | 0 MCF | Sep 2025 |
| Raptor West 3 State | Lea County, NM | 1,563 BBLs | 1,505 MCF | Oct 2025 |
| Super Cobra State Com | Lea County, NM | 1,401 BBLs | 1,192 MCF | Oct 2025 |
| SV Bobwhite Federal | Lea County, NM | 550 BBLs | 0 MCF | Sep 2025 |
| Teal 12 State Com | Lea County, NM | 1,116 BBLs | 2,971 MCF | Oct 2025 |
| Thunderball | Lea County, NM | 35,887 BBLs | 61,024 MCF | Oct 2025 |
| Tres Primos 3 State | Lea County, NM | 1,408 BBLs | 541 MCF | Oct 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,343 BBLs | 1,277 MCF | Oct 2025 |
These are the closest 20 companies operating near the Scharb 10 property.