Oil & Gas Property in Lea County, NM
Key data points for Shoebar
| County | Lea County, NM |
|---|---|
| Production Dates | Aug 2001 - Jul 2025 |
| Total Oil Production | 5,514 BBLs |
| Total Gas Production | 2,929,995 MCF |
| Recent Oil Production | 0 BBLs in Jul 2025 |
| Recent Gas Production | 2,014 MCF in Jul 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Shoebar
ShaleAssessment™
$5,673 *
MarketMultiple™
$763 **
* 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 | 30 BBLs | 2,433 MCF | Jul 2025 |
| Double Hackle Drake 36 State | Lea County, NM | 0 BBLs | 702 MCF | Jul 2025 |
| Eidson | Lea County, NM | 553 BBLs | 3,670 MCF | Aug 2025 |
| Encore 36 State | Lea County, NM | 0 BBLs | 219 MCF | Jul 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 | 587 BBLs | 1,850 MCF | Jul 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 | 5,647 BBLs | 11,128 MCF | Aug 2025 |
| Sagebrush | Lea County, NM | 322 BBLs | 310 MCF | Aug 2025 |
| Santa Fe A Com | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Shoe Bar | Lea County, NM | 8 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 | 0 MCF | Jun 2025 |
| State Section | Lea County, NM | 276 BBLs | 0 MCF | Jul 2025 |
| TMBR 1 | Lea County, NM | 104 BBLs | 325 MCF | Jul 2025 |
| Vacuum | Lea County, NM | 403 BBLs | 72 MCF | Aug 2025 |
| Vacuum | Lea County, NM | 502 BBLs | 0 MCF | Aug 2025 |
These are the closest 20 companies operating near the Shoebar property.