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 - May 2025 |
| Total Oil Production | 269,205 BBLs |
| Total Gas Production | 295,221 MCF |
| Recent Oil Production | 18 BBLs in May 2025 |
| Recent Gas Production | 32 MCF in May 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Spyglass 17 Federal
ShaleAssessment™
$34,892 *
MarketMultiple™
$45,756 **
* 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 | 9 BBLs | 0 MCF | May 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Bushwood 21 16 Federal Com | Lea County, NM | 17,241 BBLs | 9,393 MCF | May 2025 |
| Corvette 4 33 | Lea County, NM | 12,926 BBLs | 36,584 MCF | May 2025 |
| Delorean 9 10 | Lea County, NM | 47,215 BBLs | 57,094 MCF | May 2025 |
| Diamondback 2 | Lea County, NM | 8,397 BBLs | 13,726 MCF | May 2025 |
| Excalibur 17 | Lea County, NM | 24 BBLs | 0 MCF | May 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 | 27 BBLs | 19 MCF | May 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 | 37 BBLs | 5,186 MCF | May 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 48 MCF | May 2025 |
| North Maduro Federal Unit | Lea County, NM | 764 BBLs | 840 MCF | May 2025 |
| Paladin Federal | Lea County, NM | 525 BBLs | 1,378 MCF | May 2025 |
| Signal Ross | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 120,104 BBLs | 96,658 MCF | May 2025 |
| Tonto 16 21 Federal Com | Lea County, NM | 33,250 BBLs | 19,695 MCF | May 2025 |
| Tonto Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
These are the closest 20 companies operating near the Spyglass 17 Federal property.