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 2025 |
| Total Oil Production | 1,124,681 BBLs |
| Total Gas Production | 1,040,639 MCF |
| Recent Oil Production | 120,104 BBLs in May 2025 |
| Recent Gas Production | 96,658 MCF in May 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Spanish Bay 18 19 Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$6,111,129 **
* 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 |
|---|---|---|---|---|
| Bel Air 5 8 2BS Federal Com | Lea County, NM | 3,998 BBLs | 3,782 MCF | May 2025 |
| Bonanza Federal | Lea County, NM | 9 BBLs | 0 MCF | May 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Bondurant Federal | Lea County, NM | 232 BBLs | 282 MCF | May 2025 |
| Corvette 4 33 | Lea County, NM | 12,926 BBLs | 36,584 MCF | May 2025 |
| Crazy Wolf 1 2 B2 | Lea County, NM | 10 BBLs | 630 MCF | May 2025 |
| Delorean 9 10 | Lea County, NM | 47,215 BBLs | 57,094 MCF | May 2025 |
| Diamondback 2 | Lea County, NM | 8,397 BBLs | 13,726 MCF | May 2025 |
| Excalibur 17 | Lea County, NM | 24 BBLs | 0 MCF | May 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Korczak Federal | Lea County, NM | 288 BBLs | 5,055 MCF | Jun 2025 |
| Kudu 9 Federal | Lea County, NM | 27 BBLs | 19 MCF | May 2025 |
| 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 | 37 BBLs | 5,186 MCF | Jun 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 48 MCF | May 2025 |
| North Maduro Federal Unit | Lea County, NM | 764 BBLs | 840 MCF | Jun 2025 |
| Paladin Federal | Lea County, NM | 525 BBLs | 1,378 MCF | May 2025 |
| Spyglass 17 Federal | Lea County, NM | 18 BBLs | 32 MCF | May 2025 |
| Tonto Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
These are the closest 20 companies operating near the Spanish Bay 18 19 Federal Com property.