Shugart 2

Oil & Gas Property in Eddy County, NM

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

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Property Summary

Key data points for Shugart 2

CountyEddy County, NM
Production DatesMar 1999 - Feb 2026
Total Oil Production83,554 BBLs
Total Gas Production1,323,088 MCF
Recent Oil Production124 BBLs in Feb 2026
Recent Gas Production380 MCF in Feb 2026
Wells on Property5

Our Valuation Estimates for Shugart 2

ShaleAssessment™

$3,263 *

MarketMultiple™

$15,503 **

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

Based on a decimal interest

Shugart 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Shugart 2
from Mar 1999 to Feb 2026

Wells on Shugart 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-30448SHUGART 23 FEDEAL COM 001RAYBAW Operating, LLCActiveEddy County, NM32.730358-103.838028
30-015-31454SHUGART 25 FEDERAL COM 001RAYBAW Operating, LLCPluggedEddy County, NM32.716778-103.825134
30-015-31758SHUGART 25 FEDERAL COM 002DEVON ENERGY PRODUCTION COMPANY, LPPluggedEddy County, NM32.722397-103.829430
30-015-36452SHUGART 25 FEDERAL 005MDEVON ENERGY PRODUCTION COMPANY, LPCancelledEddy County, NM32.713136-103.829411
30-015-37156SHUGART 25 FEDERAL 006EDEVON ENERGY PRODUCTION COMPANY, LPCancelledEddy County, NM32.720671-103.829764

Leases included in Shugart 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
30628SHUGART 25 FEDERAL COMDEVON ENERGY PRODUCTION COMPANY, LPEddy County, NM
330224SHUGART 23 FEDEAL COMRAYBAW Operating, LLCEddy County, NM
330225SHUGART 25 FEDERAL COMRAYBAW Operating, LLCEddy County, NM

Operators Associated With Shugart 2

Nearby Properties

These are the closest 20 properties to the Shugart 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arco FederalEddy County, NM286 BBLs0 MCFFeb 2026
Blackhawk FederalEddy County, NM10 BBLs0 MCFFeb 2026
Deep Ellum 25 26 Federal ComLea County, NM7,956 BBLs6,627 MCFFeb 2026
East ShugartEddy County, NM14 BBLs0 MCFFeb 2026
East Shugart Delaware UnitLea County, NM3,880 BBLs927 MCFFeb 2026
GeronimoLea County, NM533 BBLs2,157 MCFFeb 2026
Geronimo 2Eddy County, NM781 BBLs784 MCFFeb 2026
Greenwood Pre-Grayburg UnitEddy County, NM0 BBLs243 MCFFeb 2026
Hinkle BEddy County, NM0 BBLs0 MCFJan 2026
Hinkle FEddy County, NM0 BBLs0 MCFJan 2026
KeohaneEddy County, NM0 BBLs0 MCFJan 2026
LPC 31 FederalLea County, NM0 BBLs0 MCFJan 2026
Nana 30 FederalLea County, NM0 BBLs170 MCFFeb 2026
Neato Bandito 23 24 Federal ComEddy County, NM37,970 BBLs45,996 MCFFeb 2026
Nervous Horz ComEddy County, NM344 BBLs2,494 MCFFeb 2026
Nervous Purvis StateEddy County, NM0 BBLs33 MCFFeb 2026
Scottsdale FederalEddy County, NM68 BBLs0 MCFFeb 2026
Serene Sisters 25 FederalEddy County, NM759 BBLs4,946 MCFFeb 2026
Thundercloud 29 30 B2ad Federal ComEddy County, NM1,785 BBLs1,447 MCFFeb 2026
Thundercloud 30 29 Federal ComEddy County, NM1,850 BBLs2,622 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Shugart 2 property.

Company Name
Americo Energy Resources, LLC
BXP Operating, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
COG Operating LLC
Colgate Operating, LLC
Devon Energy Production Company, L.P.
E.G.L. Resources, Inc.
Endurance Resources LLC
G And C Operating, LLC
Judah Oil LLC
K P Kauffman Company Inc
Merit Energy Company, LLC
Mewbourne Oil Company
Momentum Operating Co., Inc.
Nadel And Gussman Permian,L.L.C.
Raybaw Operating, LLC
SM Energy Company
Southland Royalty Company
Thunderbolt Petroleum, LLC