Sheep Dip 2

Gas Property in Eddy County, NM

  2. New Mexico
  3. Eddy County, NM
  4. Oil & Gas Properties in Eddy County, NM
  5. Sheep Dip 2 Gas Property

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Property Summary

Key data points for Sheep Dip 2

CountyEddy County, NM
Production DatesJan 1993 - Sep 2025
Total Oil Production0 BBLs
Total Gas Production390,261 MCF
Recent Oil Production0 BBLs in Sep 2025
Recent Gas Production101 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for Sheep Dip 2

ShaleAssessment™

$445 *

MarketMultiple™

$925 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Sheep Dip 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Sheep Dip 2
from Jan 1993 to Sep 2025

Wells on Sheep Dip 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-26530SHEEP DIP 20 FEDERAL COM 001Earthstone Operating, LLCActiveEddy County, NM32.287811-104.309082
30-015-27761SHEEP DIP 28 STATE 001SANTA FE ENERGY OPERATING PARTNERS L PCancelledEddy County, NM32.280589-104.304776

Leases included in Sheep Dip 2

Lease #Lease NameOperatorCountyMonthly Gas Prod.
13226SHEEP DIP 28 STATESANTA FE ENERGY OPERATING PARTNERS L PEddy County, NM
332634SHEEP DIP 20 FEDERAL COMEarthstone Operating, LLCEddy County, NM

Operators Associated With Sheep Dip 2

Nearby Properties

These are the closest 20 properties to the Sheep Dip 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Asteroid 20 29 Federal ComEddy County, NM2,287 BBLs15,416 MCFSep 2025
Bandit StateEddy County, NM501 BBLs335 MCFSep 2025
BerettaEddy County, NM0 BBLs697 MCFSep 2025
Black RiverEddy County, NM0 BBLs1,441 MCFSep 2025
Black River 3 10 Federal Com WcaEddy County, NM104 BBLs661 MCFSep 2025
Boss Hogg 15 State ComEddy County, NM0 BBLs0 MCFDec 2021
Cletus 28 21Eddy County, NM15,565 BBLs168,392 MCFSep 2025
Cletus 28 State ComEddy County, NM0 BBLs0 MCFOct 2015
Dark CanyonEddy County, NM0 BBLs80 MCFSep 2025
Dark Canyon 15 22Eddy County, NM6,290 BBLs55,519 MCFSep 2025
F H 28 StateEddy County, NM0 BBLs2,902 MCFSep 2025
F H 29 Federal ComEddy County, NM0 BBLs315 MCFSep 2025
Frontier 32 23 26 StateEddy County, NM736 BBLs3,556 MCFSep 2025
McCord Enterprises 23Eddy County, NM648 BBLs5,307 MCFSep 2025
Oxy BooEddy County, NM0 BBLs166 MCFSep 2025
ParrEddy County, NM0 BBLs0 MCFJun 2021
Philly FederalEddy County, NM0 BBLs1,628 MCFSep 2025
Red Light 27 34 State ComEddy County, NM766 BBLs8,688 MCFOct 2025
Red Light State Com 23 26 27Eddy County, NM1,545 BBLs14,214 MCFOct 2025
South CarlsbadEddy County, NM0 BBLs682 MCFSep 2025

Companies in the Area

These are the closest 20 companies operating near the Sheep Dip 2 property.

Company Name
3R Operating , LLC
Breitburn Operating LP
Cimarex Energy Co. Of Colorado
Devon Energy Production Co
Devon Energy Production Company, L.P.
Dominion Oklahoma Texas Expl & Prod Inc
E.G.L. Resources, Inc.
Earthstone Operating, LLC
Fe-NM, LLC
Grizzly Operating, LLC
Marathon Oil Permian LLC
Mewbourne Oil Company
Newfield Exploration Mid-Continent, Inc
North Fork Operating LP
Oxy USA Inc
Permian Resources Operating, LLC
Raybaw Operating, LLC
Silver Pines Energy Corp.
Unit Petroleum Company
WPX Energy Permian, LLC