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 - Nov 2025 |
| Total Oil Production | 274,180 BBLs |
| Total Gas Production | 298,738 MCF |
| Recent Oil Production | 1,418 BBLs in Nov 2025 |
| Recent Gas Production | 1,438 MCF in Nov 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Spyglass 17 Federal
ShaleAssessment™
$32,224 *
MarketMultiple™
$44,382 **
* 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 | 0 BBLs | 0 MCF | Oct 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Sep 2025 |
| Bushwood 21 16 Federal Com | Lea County, NM | 25,586 BBLs | 32,115 MCF | Nov 2025 |
| Corvette 4 33 Federal Com | Lea County, NM | 4,972 BBLs | 13,899 MCF | Nov 2025 |
| Delorean 9 10 | Lea County, NM | 40,152 BBLs | 57,408 MCF | Nov 2025 |
| Diamondback 2 | Lea County, NM | 9,068 BBLs | 18,170 MCF | Nov 2025 |
| Excalibur 17 | Lea County, NM | 842 BBLs | 481 MCF | Nov 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Kudu 9 Federal | Lea County, NM | 131 BBLs | 107 MCF | Nov 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 | 92 BBLs | 5,120 MCF | Nov 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 28 MCF | Nov 2025 |
| Norte 13 He Federal 001H | Lea County, NM | 816 BBLs | 1,482 MCF | Nov 2025 |
| Norte 13 Il Federal 001H | Lea County, NM | 819 BBLs | 1,249 MCF | Nov 2025 |
| North Maduro Federal Unit | Lea County, NM | 1,560 BBLs | 1,262 MCF | Nov 2025 |
| Paladin Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Signal Ross | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 107,939 BBLs | 157,961 MCF | Nov 2025 |
| Tonto Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
These are the closest 20 companies operating near the Spyglass 17 Federal property.