Oil & Gas Property in Lea County, NM
Key data points for Sparrow 2
| County | Lea County, NM | 
|---|---|
| Operator | MEWBOURNE OIL COMPANY | 
| Production Dates | Jun 2008 - Jul 2025 | 
| Total Oil Production | 215,716 BBLs | 
| Total Gas Production | 205,120 MCF | 
| Recent Oil Production | 129 BBLs in Jul 2025 | 
| Recent Gas Production | 52 MCF in Jul 2025 | 
| Wells on Property | 4 | 
Our Valuation Estimates for Sparrow 2
ShaleAssessment™
$13,349 *
MarketMultiple™
$13,454 **
* 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 Sparrow 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period | 
|---|---|---|---|---|
| Anchor 19 35 33 State | Lea County, NM | 1,926 BBLs | 1,246 MCF | Aug 2025 | 
| Charolais 28 21 | Lea County, NM | 5,547 BBLs | 8,134 MCF | Jul 2025 | 
| Charolais 33 21 B1 | Lea County, NM | 12,286 BBLs | 22,126 MCF | Jul 2025 | 
| East Pearl Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2010 | 
| Hereford 29 20 | Lea County, NM | 30,939 BBLs | 25,061 MCF | Jul 2025 | 
| Lea Aq State | Lea County, NM | 30 BBLs | 0 MCF | Jul 2025 | 
| Mahaffey Bryan | Lea County, NM | 55 BBLs | 0 MCF | Jul 2025 | 
| McIntosh | Lea County, NM | 0 BBLs | 0 MCF | Oct 2002 | 
| Northeast Pearl Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | May 2022 | 
| Pearl 26 | Lea County, NM | 381 BBLs | 449 MCF | Jul 2025 | 
| Record | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 | 
| Sand Chute 33 9 Federal Com | Lea County, NM | 10,707 BBLs | 7,439 MCF | Jul 2025 | 
| Sand Chute 4 9 B2 | Lea County, NM | 6,245 BBLs | 7,631 MCF | Jul 2025 | 
| Sun State Com | Lea County, NM | 19 BBLs | 2 MCF | Jul 2025 | 
| Toro 21 | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 | 
| Toro 22 | Lea County, NM | 243 BBLs | 21 MCF | Aug 2025 | 
| Toro 27 | Lea County, NM | 319 BBLs | 227 MCF | Jul 2025 | 
| Toro 3 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 | 
| Treble State Com | Lea County, NM | 15,122 BBLs | 11,917 MCF | Aug 2025 | 
| Zeus 2 11 2BS Federal Com | Lea County, NM | 6,284 BBLs | 5,994 MCF | Jul 2025 | 
These are the closest 20 companies operating near the Sparrow 2 property.