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 - May 2026 |
| Total Oil Production | 216,922 BBLs |
| Total Gas Production | 205,459 MCF |
| Recent Oil Production | 138 BBLs in May 2026 |
| Recent Gas Production | 56 MCF in May 2026 |
| Wells on Property | 4 |
Our Valuation Estimates for Sparrow 2
ShaleAssessment™
$11,698 *
MarketMultiple™
$12,776 **
* 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 | 925 BBLs | 1,686 MCF | May 2026 |
| Charolais 28 21 | Lea County, NM | 3,787 BBLs | 8,528 MCF | May 2026 |
| Charolais 33 21 B1 | Lea County, NM | 10,072 BBLs | 17,595 MCF | May 2026 |
| Conine 03 20 35 RN | Lea County, NM | 314 BBLs | 2 MCF | May 2026 |
| East Pearl Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2010 |
| Hereford 29 20 | Lea County, NM | 32,774 BBLs | 43,939 MCF | May 2026 |
| Klein 16 State | Lea County, NM | 99 BBLs | 174 MCF | May 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 | 324 BBLs | 460 MCF | May 2026 |
| Record | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Sand Chute 33 9 Federal Com | Lea County, NM | 7,558 BBLs | 9,262 MCF | May 2026 |
| Sand Chute 4 9 B2 | Lea County, NM | 6,264 BBLs | 8,167 MCF | May 2026 |
| Toro 21 | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Toro 22 | Lea County, NM | 67 BBLs | 148 MCF | May 2026 |
| Toro 27 | Lea County, NM | 291 BBLs | 0 MCF | May 2026 |
| Toro 3 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Treble State Com | Lea County, NM | 15,268 BBLs | 15,721 MCF | May 2026 |
| Zeus 2 11 2BS Federal Com | Lea County, NM | 5,398 BBLs | 2,660 MCF | May 2026 |
These are the closest 20 companies operating near the Sparrow 2 property.