Pickett Draw

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Pickett Draw

CountyEddy County, NM
Production DatesJan 1993 - Nov 2024
Total Oil Production295,146 BBLs
Total Gas Production124,738 MCF
Recent Oil Production506 BBLs in Oct 2024
Recent Gas Production82 MCF in Oct 2024
Wells on Property5

Our Valuation Estimates for Pickett Draw

ShaleAssessment

$22,579 *

MarketMultiple

$53,873 **

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

Based on a decimal interest

Pickett Draw Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pickett Draw
from Jan 1993 to Nov 2024

Wells on Pickett Draw

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-25767PICKETT DRAW FEDERAL 001XTO ENERGY, INCPluggedEddy County, NM32.150120-103.991661
30-015-25867PICKETT DRAW FEDERAL 002Petroleum Exploration Company Ltd., Limited PActiveEddy County, NM32.140755-103.976028
30-015-26889PICKETT DRAW FEDERAL 003Petroleum Exploration Company Ltd., Limited PActiveEddy County, NM32.138954-103.978546
30-015-35443PICKETT DRAW 16 STATE 001HContango Resources, LLCActiveEddy County, NM32.130196-103.982613
30-015-35681PICKETT DRAW 16 STATE 002HContango Resources, LLCActiveEddy County, NM32.130192-103.985848

Leases included in Pickett Draw

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320820PICKETT DRAW FEDERALXTO ENERGY, INCEddy County, NM
330121PICKETT DRAW 16 STATEContango Resources, LLCEddy County, NM
333332PICKETT DRAW FEDERALPetroleum Exploration Company Ltd., Limited PEddy County, NM

Nearby Properties

These are the closest 20 properties to the Pickett Draw property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
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Shanghai RoosterEddy County, NM387,084 BBLs1,885,538 MCFOct 2024
Sizzler StateEddy County, NM1,927 BBLs32,462 MCFOct 2024
Slider 8 FederalEddy County, NM89 BBLs6,098 MCFNov 2024
TombstoneEddy County, NM0 BBLs0 MCFNov 2019