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 - Aug 2025 |
| Total Oil Production | 1,470,276 BBLs |
| Total Gas Production | 1,374,782 MCF |
| Recent Oil Production | 104,853 BBLs in Aug 2025 |
| Recent Gas Production | 107,694 MCF in Aug 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Spanish Bay 18 19 Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$8,770,092 **
* 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 | 8 BBLs | 0 MCF | Aug 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Bondurant Federal | Lea County, NM | 187 BBLs | 196 MCF | Aug 2025 |
| Corvette 4 33 Federal Com | Lea County, NM | 11,374 BBLs | 35,754 MCF | Aug 2025 |
| Crazy Wolf 1 2 B2 | Lea County, NM | 1,760 BBLs | 2,326 MCF | Aug 2025 |
| Delorean 9 10 | Lea County, NM | 45,724 BBLs | 65,216 MCF | Aug 2025 |
| Diamondback 2 | Lea County, NM | 7,660 BBLs | 13,042 MCF | Aug 2025 |
| Excalibur 17 | Lea County, NM | 589 BBLs | 162 MCF | Aug 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Kudu 9 Federal | Lea County, NM | 178 BBLs | 425 MCF | Aug 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 | 265 BBLs | 5,471 MCF | Aug 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 44 MCF | Aug 2025 |
| Norte 13 He Federal 001H | Lea County, NM | 471 BBLs | 652 MCF | Aug 2025 |
| Norte 13 Il Federal 001H | Lea County, NM | 659 BBLs | 818 MCF | Aug 2025 |
| North Maduro Federal Unit | Lea County, NM | 207 BBLs | 267 MCF | Aug 2025 |
| Paladin Federal | Lea County, NM | 550 BBLs | 1,301 MCF | Aug 2025 |
| Spyglass 17 Federal | Lea County, NM | 1,098 BBLs | 532 MCF | Aug 2025 |
| Tonto Federal | Lea County, NM | 1 BBLs | 0 MCF | Aug 2025 |
These are the closest 20 companies operating near the Spanish Bay 18 19 Federal Com property.