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 - Jan 2024 |
| Total Oil Production | 261,204 BBLs |
| Total Gas Production | 288,781 MCF |
| Recent Oil Production | 724 BBLs in Jan 2024 |
| Recent Gas Production | 557 MCF in Jan 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Spyglass 17 Federal
ShaleAssessment™
$42,679 *
MarketMultiple™
$79,954 **
* 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 | 20 BBLs | 0 MCF | Jan 2024 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2023 |
| Corvette 4 33 | Lea County, NM | 29,703 BBLs | 27,182 MCF | Jan 2024 |
| Diamante 21 Federal | Lea County, NM | 262 BBLs | 364 MCF | Feb 2024 |
| Diamondback 2 | Lea County, NM | 5,803 BBLs | 7,426 MCF | Jan 2024 |
| Excalibur 17 | Lea County, NM | 613 BBLs | 732 MCF | Jan 2024 |
| 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 | 419 MCF | Jan 2024 |
| Lone Ranger 1 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2022 |
| Malachite 22 Federal | Lea County, NM | 616 BBLs | 544 MCF | Feb 2024 |
| 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 | 126 BBLs | 6,127 MCF | Jan 2024 |
| Norte 13 | Lea County, NM | 0 BBLs | 35 MCF | Jan 2024 |
| North Maduro Federal Unit | Lea County, NM | 948 BBLs | 1,572 MCF | Feb 2024 |
| Paladin Federal | Lea County, NM | 681 BBLs | 774 MCF | Jan 2024 |
| Signal Ross | Lea County, NM | 0 BBLs | 0 MCF | May 2023 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 33,440 BBLs | 19,838 MCF | Jan 2024 |
| Tonto Federal | Lea County, NM | 1 BBLs | 0 MCF | Feb 2024 |
These are the closest 20 companies operating near the Spyglass 17 Federal property.