Oil & Gas Property in Lea County, NM
Key data points for Shovel Head Federal Com
| County | Lea County, NM |
|---|---|
| Operator | SPUR ENERGY PARTNERS LLC |
| Production Dates | Sep 2018 - May 2025 |
| Total Oil Production | 408,702 BBLs |
| Total Gas Production | 1,273,006 MCF |
| Recent Oil Production | 2,409 BBLs in May 2025 |
| Recent Gas Production | 10,878 MCF in May 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Shovel Head Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$354,573 **
* 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 Shovel Head Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Branex COG Federal | Lea County, NM | 1,649 BBLs | 10,444 MCF | May 2025 |
| Duck Federal | Lea County, NM | 56 BBLs | 176 MCF | May 2025 |
| Edward State | Lea County, NM | 396 BBLs | 3,421 MCF | May 2025 |
| Emerald Federal | Lea County, NM | 969 BBLs | 5,138 MCF | May 2025 |
| Grace Mitchell B Federal | Lea County, NM | 177 BBLs | 0 MCF | May 2025 |
| Indian Tank | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| JG 16 State North Com | Lea County, NM | 2,191 BBLs | 9,793 MCF | May 2025 |
| JG State | Lea County, NM | 51 BBLs | 4,274 MCF | May 2025 |
| Leaker CC | Lea County, NM | 908 BBLs | 6,864 MCF | May 2025 |
| Lynx Federal | Lea County, NM | 0 BBLs | 0 MCF | Sep 2017 |
| Maljamar | Lea County, NM | 132 BBLs | 486 MCF | May 2025 |
| Maljamar Grayburg | Lea County, NM | 381 BBLs | 0 MCF | May 2025 |
| Nelson Federal | Lea County, NM | 1,589 BBLs | 6,873 MCF | May 2025 |
| Pan Head Fee | Lea County, NM | 2,725 BBLs | 11,190 MCF | May 2025 |
| Peridot 8 Federal Com | Lea County, NM | 4,818 BBLs | 16,842 MCF | May 2025 |
| Pintail Federal | Lea County, NM | 384 BBLs | 845 MCF | May 2025 |
| Sneed 9 Federal | Lea County, NM | 860 BBLs | 7,215 MCF | May 2025 |
| Taylor D | Lea County, NM | 214 BBLs | 3,987 MCF | May 2025 |
| Tourmaline State | Lea County, NM | 203 BBLs | 1,551 MCF | May 2025 |
| Zeppo 5 Federal Com 0 | Lea County, NM | 635 BBLs | 2,951 MCF | May 2025 |
These are the closest 20 companies operating near the Shovel Head Federal Com property.