Oil & Gas Property in Lea County, NM
Key data points for Spyglass 17 Federal
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Mar 2011 - Feb 2025 |
| Total Oil Production | 269,173 BBLs |
| Total Gas Production | 295,153 MCF |
| Recent Oil Production | 284 BBLs in Feb 2025 |
| Recent Gas Production | 290 MCF in Feb 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Spyglass 17 Federal
ShaleAssessment™
$36,183 *
MarketMultiple™
$84,562 **
* 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 Spyglass 17 Federal 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 |
| Corvette 4 33 | Lea County, NM | 16,555 BBLs | 38,101 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 |
| Gantryperson | Lea County, NM | 0 BBLs | 0 MCF | Jan 2022 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| 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 |
| Signal Ross | Lea County, NM | 6 BBLs | 0 MCF | Feb 2025 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 36,356 BBLs | 44,892 MCF | Feb 2025 |
| Tonto 16 21 Federal Com | Lea County, NM | 12,636 BBLs | 5,160 MCF | Feb 2025 |
| Tonto Federal | Lea County, NM | 1 BBLs | 0 MCF | Feb 2025 |
These are the closest 20 companies operating near the Spyglass 17 Federal property.