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 - Jul 2025 |
| Total Oil Production | 269,700 BBLs |
| Total Gas Production | 295,376 MCF |
| Recent Oil Production | 480 BBLs in Jul 2025 |
| Recent Gas Production | 140 MCF in Jul 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Spyglass 17 Federal
ShaleAssessment™
$34,017 *
MarketMultiple™
$24,156 **
* 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 | 12 BBLs | 0 MCF | Jul 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Bushwood 21 16 Federal Com | Lea County, NM | 40,293 BBLs | 30,420 MCF | Jul 2025 |
| Corvette 4 33 Federal Com | Lea County, NM | 12,406 BBLs | 37,432 MCF | Jul 2025 |
| Delorean 9 10 | Lea County, NM | 43,882 BBLs | 55,876 MCF | Jul 2025 |
| Diamondback 2 | Lea County, NM | 9,675 BBLs | 16,240 MCF | Jul 2025 |
| Excalibur 17 | Lea County, NM | 177 BBLs | 35 MCF | Jul 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Kudu 9 Federal | Lea County, NM | 50 BBLs | 421 MCF | Jul 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 | 83 BBLs | 5,148 MCF | Aug 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 80 MCF | Jul 2025 |
| Norte 13 He Federal 001H | Lea County, NM | 527 BBLs | 608 MCF | Jul 2025 |
| Norte 13 Il Federal 001H | Lea County, NM | 589 BBLs | 730 MCF | Jul 2025 |
| North Maduro Federal Unit | Lea County, NM | 208 BBLs | 253 MCF | Jul 2025 |
| Paladin Federal | Lea County, NM | 308 BBLs | 1,102 MCF | Jul 2025 |
| Signal Ross | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 121,875 BBLs | 116,411 MCF | Jul 2025 |
| Tonto Federal | Lea County, NM | 2 BBLs | 0 MCF | Aug 2025 |
These are the closest 20 companies operating near the Spyglass 17 Federal property.