South Shoebar 1

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. South Shoebar 1 Oil & Gas Property

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Property Summary

Key data points for South Shoebar 1

CountyLea County, NM
Production DatesDec 1998 - Oct 2025
Total Oil Production307,654 BBLs
Total Gas Production5,054,203 MCF
Recent Oil Production0 BBLs in Sep 2025
Recent Gas Production1,073 MCF in Sep 2025
Wells on Property5

Our Valuation Estimates for South Shoebar 1

ShaleAssessment™

$21,265 *

MarketMultiple™

$1,384 **

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

Based on a decimal interest

South Shoebar 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for South Shoebar 1
from Dec 1998 to Oct 2025

Wells on South Shoebar 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-34495SOUTH SHOEBAR 15 STATE 001BTA OIL PRODUCERS, LLCPlugged (Not Released)Lea County, NM32.836777-103.442902
30-025-34698SOUTH SHOEBAR 10 STATE 001DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.844036-103.444397
30-025-34702SOUTH SHOEBAR 15 STATE 002BTA OIL PRODUCERS, LLCActiveLea County, NM32.837688-103.439484
30-025-34747SOUTH SHOEBAR 10 STATE COM 002DEVON ENERGY PRODUCTION CO.CancelledLea County, NM32.846752-103.442281
30-025-34783SOUTH SHOEBAR 10 STATE COM 002DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.851818-103.450844

Leases included in South Shoebar 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
25020SOUTH SHOEBAR 10 STATE COMDEVON ENERGY PRODUCTION CO.Lea County, NM
28687SOUTH SHOEBAR 10 STATEDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
28689SOUTH SHOEBAR 10 STATE COMDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
333407SOUTH SHOEBAR 15 STATEBTA OIL PRODUCERS, LLCLea County, NM

Operators Associated With South Shoebar 1

Nearby Properties

These are the closest 20 properties to the South Shoebar 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bimini 13 StateLea County, NM287 BBLs0 MCFSep 2025
Box Elder 22115Lea County, NM19,620 BBLs20,202 MCFOct 2025
East Vacuum (Gsa) Unit 0Lea County, NM0 BBLs0 MCFFeb 2020
Giles StateLea County, NM0 BBLs0 MCFNov 2020
Hickory 14 StateLea County, NM0 BBLs0 MCFApr 2024
Hideout 22115 24 13 State ComLea County, NM10,846 BBLs32,588 MCFOct 2025
Hoosier 22 StateLea County, NM0 BBLs0 MCFAug 2023
Lovington DeepLea County, NM562 BBLs1,723 MCFSep 2025
Marathon Section 17 State ComLea County, NM0 BBLs0 MCFDec 2021
Mustang StateLea County, NM0 BBLs0 MCFJun 2013
New MexicoLea County, NM0 BBLs0 MCFSep 2011
Pinedale 22115 9 4 State ComLea County, NM5,950 BBLs12,585 MCFOct 2025
Shoe BarLea County, NM0 BBLs0 MCFJul 2025
Shoe Bar Ranch Unit 3Lea County, NM0 BBLs0 MCFNov 2023
ShoebarLea County, NM0 BBLs1,075 MCFSep 2025
StateLea County, NM0 BBLs0 MCFOct 2023
StateLea County, NM1,190 BBLs192 MCFSep 2025
State SectionLea County, NM288 BBLs0 MCFSep 2025
TMBR 1Lea County, NM116 BBLs233 MCFSep 2025
VacuumLea County, NM188 BBLs66 MCFSep 2025

Companies in the Area

These are the closest 20 companies operating near the South Shoebar 1 property.

Company Name
BC Operating, Inc.
Bta Oil Producers, LLC
COG Operating LLC
ConocoPhillips Company
Devon Energy Production Company, L.P.
Fe-NM, LLC
Forcenergy Inc
Hilcorp Energy Company
Mack Energy Corporation
Marathon Oil Company
Marathon Oil Permian LLC
Marbob Energy Corp
Mewbourne Oil Company
Nearburg Producing Company
Phillips Petroleum Company
Raybaw Operating, LLC
Southwest Royalties, Inc.
TMBR/Sharp Drilling, Inc.
V-F Petroleum Inc.
Vernon E. Faulconer, Inc.