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 - Feb 2025
Total Oil Production307,654 BBLs
Total Gas Production5,051,884 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production1,498 MCF in Jan 2025
Wells on Property5

Our Valuation Estimates for South Shoebar 1

ShaleAssessment™

$23,521 *

MarketMultiple™

$4,401 **

* 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 Feb 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
Altamont 7903 19 30Lea County, NM10,072 BBLs13,904 MCFFeb 2025
Bimini 13 StateLea County, NM0 BBLs0 MCFOct 2022
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, NM7,597 BBLs12,111 MCFFeb 2025
Hoosier 22 StateLea County, NM0 BBLs0 MCFAug 2023
Lovington DeepLea County, NM383 BBLs1,584 MCFFeb 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, NM6,921 BBLs13,328 MCFFeb 2025
Shoe BarLea County, NM9 BBLs0 MCFFeb 2025
Shoe Bar Ranch Unit 3Lea County, NM0 BBLs0 MCFNov 2023
ShoebarLea County, NM0 BBLs0 MCFMar 2024
StateLea County, NM812 BBLs2,109 MCFFeb 2025
StateLea County, NM0 BBLs0 MCFOct 2023
State SectionLea County, NM252 BBLs0 MCFFeb 2025
TMBR 1Lea County, NM144 BBLs211 MCFJan 2025
VacuumLea County, NM248 BBLs1,172 MCFFeb 2025

Companies in the Area

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

Company Name
Apache Corporation
BC Operating, Inc.
Bta Oil Producers, LLC
Chevron USA Inc
COG Operating LLC
Devon Energy Production Company LP
Fe-NM, LLC
Forcenergy Inc
Mack Energy Corporation
Marathon Oil Company
Marathon Oil Permian LLC
Marbob Energy Corp
Mewbourne Oil Company
Mobil Producing Texas & New Mexico
Nearburg Producing Company
Raybaw Operating, LLC
Southwest Royalties Inc
TMBR/Sharp Drilling, Inc.
V-F Petroleum Inc.
Vernon E. Faulconer, Inc.