Oil & Gas Property in Lea County, NM
Key data points for Shoebar
| County | Lea County, NM |
|---|---|
| Production Dates | Aug 2001 - Sep 2025 |
| Total Oil Production | 5,514 BBLs |
| Total Gas Production | 2,932,587 MCF |
| Recent Oil Production | 0 BBLs in Sep 2025 |
| Recent Gas Production | 1,075 MCF in Sep 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Shoebar
ShaleAssessment™
$5,532 *
MarketMultiple™
$2,505 **
* 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 Shoebar property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Blue Fin 2 | Lea County, NM | 5 BBLs | 1,462 MCF | Sep 2025 |
| Double Hackle Drake 36 State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Eidson | Lea County, NM | 466 BBLs | 3,796 MCF | Oct 2025 |
| Encore 36 State | Lea County, NM | 0 BBLs | 210 MCF | Sep 2025 |
| Giles State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2020 |
| Hickory 14 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| Hoosier 22 State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Lovington Deep | Lea County, NM | 562 BBLs | 1,723 MCF | Sep 2025 |
| Marathon Section 17 State Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2021 |
| New Mexico | Lea County, NM | 0 BBLs | 0 MCF | Sep 2011 |
| Pinedale 22115 9 4 State Com | Lea County, NM | 5,950 BBLs | 12,585 MCF | Oct 2025 |
| Sagebrush | Lea County, NM | 324 BBLs | 300 MCF | Oct 2025 |
| Santa Fe A Com | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Shoe Bar | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Shoe Bar Ranch Unit 3 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| South Shoebar 1 | Lea County, NM | 0 BBLs | 1,073 MCF | Oct 2025 |
| State Section | Lea County, NM | 288 BBLs | 0 MCF | Sep 2025 |
| TMBR 1 | Lea County, NM | 116 BBLs | 233 MCF | Sep 2025 |
| Vacuum | Lea County, NM | 188 BBLs | 66 MCF | Sep 2025 |
| Vacuum | Lea County, NM | 342 BBLs | 0 MCF | Oct 2025 |
These are the closest 20 companies operating near the Shoebar property.