Oil & Gas Property in Lea County, NM
Key data points for Steelhead 36 25 B2
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Sep 2023 - Nov 2025 |
| Total Oil Production | 764,583 BBLs |
| Total Gas Production | 1,860,235 MCF |
| Recent Oil Production | 9,133 BBLs in Nov 2025 |
| Recent Gas Production | 51,328 MCF in Nov 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Steelhead 36 25 B2
ShaleAssessment™
Not Available
MarketMultiple™
$1,526,336 **
* 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 Steelhead 36 25 B2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 754 MCF | Nov 2025 |
| Chimichangas 12 State Com | Lea County, NM | 24,854 BBLs | 120,367 MCF | Nov 2025 |
| Chorizo 12 State Com | Lea County, NM | 20,913 BBLs | 85,170 MCF | Nov 2025 |
| Dolly Varden | Lea County, NM | 104,668 BBLs | 168,073 MCF | Nov 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 7,587 BBLs | 25,389 MCF | Nov 2025 |
| Eric Cartman 31 State Com | Lea County, NM | 8,002 BBLs | 30,134 MCF | Nov 2025 |
| Eric Cartman 6 State Com | Lea County, NM | 46,951 BBLs | 185,446 MCF | Nov 2025 |
| Getty 1 State | Lea County, NM | 32 BBLs | 83 MCF | Nov 2025 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 364 MCF | Nov 2025 |
| Gordita 6 State Com | Lea County, NM | 62,187 BBLs | 168,483 MCF | Nov 2025 |
| Grama Ridge 116 35 | Lea County, NM | 25,676 BBLs | 86,767 MCF | Nov 2025 |
| Grama Ridge East 34 | Lea County, NM | 13,913 BBLs | 74,437 MCF | Nov 2025 |
| Gramma 27 State | Lea County, NM | 2,063 BBLs | 10,820 MCF | Nov 2025 |
| Inland 26 23 B | Lea County, NM | 20,075 BBLs | 98,866 MCF | Nov 2025 |
| Margarita 12 State Com | Lea County, NM | 18,912 BBLs | 104,010 MCF | Nov 2025 |
| New Mexico D | Lea County, NM | 14 BBLs | 873 MCF | Nov 2025 |
| Ram 3 B3pa State Com | Lea County, NM | 1,275 BBLs | 5,443 MCF | Nov 2025 |
| Slick Mesa 27 State | Lea County, NM | 1,118 BBLs | 11,357 MCF | Nov 2025 |
| Squeeze 2 State | Lea County, NM | 10,814 BBLs | 38,336 MCF | Nov 2025 |
| State | Lea County, NM | 826 BBLs | 1,480 MCF | Nov 2025 |
These are the closest 20 companies operating near the Steelhead 36 25 B2 property.