Oil & Gas Property in Lea County, NM
Key data points for South Shoebar 1
| County | Lea County, NM |
|---|---|
| Production Dates | Dec 1998 - Jun 2025 |
| Total Oil Production | 307,654 BBLs |
| Total Gas Production | 5,052,011 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 5 |
Our Valuation Estimates for South Shoebar 1
ShaleAssessment™
$22,400 *
MarketMultiple™
$2,582 **
* 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 South Shoebar 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bimini 13 State | Lea County, NM | 359 BBLs | 12 MCF | Aug 2025 |
| Box Elder 22115 | Lea County, NM | 17,156 BBLs | 15,520 MCF | Aug 2025 |
| East Vacuum (Gsa) Unit 0 | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Giles State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2020 |
| Hickory 14 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| Hideout 22115 24 13 State Com | Lea County, NM | 14,935 BBLs | 25,184 MCF | Aug 2025 |
| 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 |
| Mustang State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2013 |
| 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 |
| 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 |
| Shoebar | Lea County, NM | 0 BBLs | 2,014 MCF | Jul 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
| State | Lea County, NM | 1,253 BBLs | 193 MCF | Aug 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 |
These are the closest 20 companies operating near the South Shoebar 1 property.