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 - Apr 2026
Total Oil Production83,898 BBLs
Total Gas Production1,323,644 MCF
Recent Oil Production150 BBLs in Mar 2026
Recent Gas Production290 MCF in Mar 2026
Wells on Property5

Our Valuation Estimates for Shugart 2

ShaleAssessment™

$3,187 *

MarketMultiple™

$17,213 **

* 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 Apr 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, NM435 BBLs0 MCFMar 2026
Blackhawk FederalEddy County, NM10 BBLs0 MCFMar 2026
Deep Ellum 25 26 Federal ComLea County, NM19,866 BBLs15,832 MCFMar 2026
East ShugartEddy County, NM0 BBLs0 MCFFeb 2026
East Shugart Delaware UnitLea County, NM5,503 BBLs1,304 MCFMar 2026
GeronimoLea County, NM690 BBLs3,171 MCFMar 2026
Geronimo 2Eddy County, NM393 BBLs369 MCFMar 2026
Greenwood Pre-Grayburg UnitEddy County, NM0 BBLs84 MCFMar 2026
Hinkle BEddy County, NM0 BBLs0 MCFFeb 2026
Hinkle FEddy County, NM10 BBLs9 MCFMar 2026
KeohaneEddy County, NM0 BBLs0 MCFFeb 2026
LPC 31 FederalLea County, NM0 BBLs49 MCFMar 2026
Nana 30 FederalLea County, NM0 BBLs257 MCFApr 2026
Neato Bandito 23 24 Federal ComEddy County, NM45,165 BBLs62,855 MCFMar 2026
Nervous Horz ComEddy County, NM99 BBLs2,157 MCFMar 2026
Nervous Purvis StateEddy County, NM0 BBLs57 MCFMar 2026
Scottsdale FederalEddy County, NM93 BBLs0 MCFMar 2026
Serene Sisters 25 FederalEddy County, NM892 BBLs7,576 MCFApr 2026
Thundercloud 29 30 B2ad Federal ComEddy County, NM5,818 BBLs5,288 MCFMar 2026
Thundercloud 30 29 Federal ComEddy County, NM5,310 BBLs5,241 MCFMar 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
Nadel And Gussman Permian,L.L.C.
NSP Resources, LLC
Raybaw Operating, LLC
SM Energy Company
Southland Royalty Company
Thunderbolt Petroleum, LLC