Oil & Gas Property in Lea County, NM
Key data points for Spanish Bay 18 19 Federal Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jan 2024 - May 2026 |
| Total Oil Production | 2,299,775 BBLs |
| Total Gas Production | 2,704,924 MCF |
| Recent Oil Production | 62,863 BBLs in May 2026 |
| Recent Gas Production | 110,913 MCF in May 2026 |
| Wells on Property | 7 |
Our Valuation Estimates for Spanish Bay 18 19 Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$11,472,017 **
* 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 Spanish Bay 18 19 Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bonanza Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Bondurant Federal | Lea County, NM | 271 BBLs | 311 MCF | May 2026 |
| Corvette 4 33 Federal Com | Lea County, NM | 9,822 BBLs | 29,266 MCF | May 2026 |
| Crazy Wolf 1 2 B2 | Lea County, NM | 1,029 BBLs | 523 MCF | May 2026 |
| Delorean 9 10 | Lea County, NM | 26,750 BBLs | 48,887 MCF | May 2026 |
| Diamondback 2 | Lea County, NM | 9,977 BBLs | 16,929 MCF | May 2026 |
| Emerald Federal Com | Lea County, NM | 34,099 BBLs | 21,400 MCF | May 2026 |
| Excalibur 17 | Lea County, NM | 1,111 BBLs | 1,089 MCF | May 2026 |
| Grayling 14 Federal Com | Lea County, NM | 172,814 BBLs | 179,888 MCF | May 2026 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Kudu 9 Federal | Lea County, NM | 91 BBLs | 152 MCF | May 2026 |
| Maverick | Lea County, NM | 0 BBLs | 0 MCF | Sep 2017 |
| Mustang Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2001 |
| Nellis Federal | Lea County, NM | 77 BBLs | 5,548 MCF | May 2026 |
| Norte 13 | Lea County, NM | 0 BBLs | 28 MCF | May 2026 |
| North Maduro Federal Unit | Lea County, NM | 2,171 BBLs | 2,440 MCF | May 2026 |
| Paladin Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Spyglass 17 Federal | Lea County, NM | 1,596 BBLs | 2,159 MCF | May 2026 |
| Tonto Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
These are the closest 20 companies operating near the Spanish Bay 18 19 Federal Com property.