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 - Feb 2026 |
| Total Oil Production | 216,533 BBLs |
| Total Gas Production | 205,344 MCF |
| Recent Oil Production | 120 BBLs in Feb 2026 |
| Recent Gas Production | 37 MCF in Feb 2026 |
| Wells on Property | 4 |
Our Valuation Estimates for Sparrow 2
ShaleAssessment™
$12,146 *
MarketMultiple™
$13,218 **
* 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 | 0 BBLs | 0 MCF | Jan 2026 |
| Charolais 28 21 | Lea County, NM | 5,361 BBLs | 8,967 MCF | Feb 2026 |
| Charolais 33 21 B1 | Lea County, NM | 11,412 BBLs | 20,127 MCF | Feb 2026 |
| Conine 03 20 35 RN | Lea County, NM | 837 BBLs | 661 MCF | Feb 2026 |
| East Pearl Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2010 |
| Hereford 29 20 | Lea County, NM | 41,207 BBLs | 45,334 MCF | Feb 2026 |
| Klein 16 State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Lea Aq State | Lea County, NM | 0 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 | 338 BBLs | 1,201 MCF | Feb 2026 |
| Record | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Sand Chute 33 9 Federal Com | Lea County, NM | 8,619 BBLs | 5,817 MCF | Feb 2026 |
| Sand Chute 4 9 B2 | Lea County, NM | 4,812 BBLs | 5,453 MCF | Feb 2026 |
| Sun State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Toro 21 | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Toro 22 | Lea County, NM | 30 BBLs | 178 MCF | Feb 2026 |
| Toro 27 | Lea County, NM | 186 BBLs | 0 MCF | Feb 2026 |
| Toro 3 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2013 |
| Treble State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
These are the closest 20 companies operating near the Sparrow 2 property.