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 - Feb 2025 |
| Total Oil Production | 911,574 BBLs |
| Total Gas Production | 853,088 MCF |
| Recent Oil Production | 36,356 BBLs in Feb 2025 |
| Recent Gas Production | 44,892 MCF in Feb 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Spanish Bay 18 19 Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$8,528,023 **
* 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 | 11 BBLs | 0 MCF | Feb 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Bondurant Federal | Lea County, NM | 480 BBLs | 568 MCF | Feb 2025 |
| Corvette 4 33 | Lea County, NM | 16,555 BBLs | 38,101 MCF | Feb 2025 |
| Crazy Wolf 1 2 B2 | Lea County, NM | 2,202 BBLs | 3,407 MCF | Feb 2025 |
| Delorean 9 10 | Lea County, NM | 76,621 BBLs | 64,264 MCF | Feb 2025 |
| Diamondback 2 | Lea County, NM | 8,166 BBLs | 14,104 MCF | Feb 2025 |
| Excalibur 17 | Lea County, NM | 1,083 BBLs | 1,142 MCF | Feb 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Korczak Federal | Lea County, NM | 224 BBLs | 4,813 MCF | Feb 2025 |
| Kudu 9 Federal | Lea County, NM | 5 BBLs | 398 MCF | Feb 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 | 139 BBLs | 4,658 MCF | Feb 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 32 MCF | Feb 2025 |
| Norte 13 He Federal 001H | Lea County, NM | 371 BBLs | 312 MCF | Feb 2025 |
| North Maduro Federal Unit | Lea County, NM | 877 BBLs | 1,367 MCF | Feb 2025 |
| Paladin Federal | Lea County, NM | 547 BBLs | 1,276 MCF | Feb 2025 |
| Spyglass 17 Federal | Lea County, NM | 284 BBLs | 290 MCF | Feb 2025 |
| Tonto Federal | Lea County, NM | 1 BBLs | 0 MCF | Feb 2025 |
These are the closest 20 companies operating near the Spanish Bay 18 19 Federal Com property.