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 - Mar 2026 |
| Total Oil Production | 2,161,905 BBLs |
| Total Gas Production | 2,434,040 MCF |
| Recent Oil Production | 87,142 BBLs in Mar 2026 |
| Recent Gas Production | 176,170 MCF in Mar 2026 |
| Wells on Property | 7 |
Our Valuation Estimates for Spanish Bay 18 19 Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$12,072,354 **
* 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 | Feb 2026 |
| Bondurant Federal | Lea County, NM | 326 BBLs | 372 MCF | Mar 2026 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Corvette 4 33 Federal Com | Lea County, NM | 11,192 BBLs | 29,975 MCF | Mar 2026 |
| Crazy Wolf 1 2 B2 | Lea County, NM | 1,327 BBLs | 1,151 MCF | Mar 2026 |
| Delorean 9 10 | Lea County, NM | 28,628 BBLs | 82,264 MCF | Mar 2026 |
| Diamondback 2 | Lea County, NM | 8,045 BBLs | 12,912 MCF | Mar 2026 |
| Excalibur 17 | Lea County, NM | 889 BBLs | 695 MCF | Mar 2026 |
| Grayling 14 Federal Com | Lea County, NM | 146,613 BBLs | 117,778 MCF | Mar 2026 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Korczak Federal | Lea County, NM | 212 BBLs | 4,804 MCF | Apr 2026 |
| Kudu 9 Federal | Lea County, NM | 99 BBLs | 221 MCF | Mar 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 | 92 BBLs | 4,923 MCF | Mar 2026 |
| Norte 13 | Lea County, NM | 0 BBLs | 29 MCF | Mar 2026 |
| North Maduro Federal Unit | Lea County, NM | 1,717 BBLs | 1,642 MCF | Mar 2026 |
| Paladin Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Spyglass 17 Federal | Lea County, NM | 1,429 BBLs | 1,758 MCF | Mar 2026 |
| Tonto Federal | Lea County, NM | 2 BBLs | 0 MCF | Mar 2026 |
These are the closest 20 companies operating near the Spanish Bay 18 19 Federal Com property.