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 - Dec 2025 |
| Total Oil Production | 275,498 BBLs |
| Total Gas Production | 300,052 MCF |
| Recent Oil Production | 1,318 BBLs in Dec 2025 |
| Recent Gas Production | 1,314 MCF in Dec 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Spyglass 17 Federal
ShaleAssessment™
$31,762 *
MarketMultiple™
$71,267 **
* 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 | Dec 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Sep 2025 |
| Bushwood 21 16 Federal Com | Lea County, NM | 22,108 BBLs | 31,085 MCF | Dec 2025 |
| Corvette 4 33 | Lea County, NM | 8,072 BBLs | 25,814 MCF | Jan 2026 |
| Delorean 9 10 | Lea County, NM | 35,642 BBLs | 56,576 MCF | Jan 2026 |
| Diamondback 2 | Lea County, NM | 9,785 BBLs | 19,299 MCF | Jan 2026 |
| Excalibur 17 | Lea County, NM | 880 BBLs | 539 MCF | Dec 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Kudu 9 Federal | Lea County, NM | 141 BBLs | 452 MCF | Jan 2026 |
| 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 | 99 BBLs | 5,150 MCF | Dec 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 52 MCF | Dec 2025 |
| Norte 13 He Federal 001H | Lea County, NM | 584 BBLs | 1,179 MCF | Dec 2025 |
| Norte 13 Il Federal 001H | Lea County, NM | 530 BBLs | 1,006 MCF | Dec 2025 |
| North Maduro Federal Unit | Lea County, NM | 1,761 BBLs | 1,471 MCF | Dec 2025 |
| Paladin Federal | Lea County, NM | 713 BBLs | 1,472 MCF | Dec 2025 |
| Signal Ross | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 96,783 BBLs | 143,550 MCF | Dec 2025 |
| Tonto Federal | Lea County, NM | 2 BBLs | 0 MCF | Dec 2025 |
These are the closest 20 companies operating near the Spyglass 17 Federal property.