Oil & Gas Property in Lea County, NM
Key data points for Pickard State
| County | Lea County, NM |
|---|---|
| Operator | MATADOR PRODUCTION COMPANY |
| Production Dates | Jul 2014 - Aug 2024 |
| Total Oil Production | 588,540 BBLs |
| Total Gas Production | 1,324,880 MCF |
| Recent Oil Production | 1,159 BBLs in Aug 2024 |
| Recent Gas Production | 2,495 MCF in Aug 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Pickard State
ShaleAssessment™
$71,098 *
MarketMultiple™
$147,916 **
* 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 Pickard State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Cap State | Lea County, NM | 628 BBLs | 2,190 MCF | Aug 2024 |
| Caprock 27 State | Lea County, NM | 245 BBLs | 3 MCF | Aug 2024 |
| Cimarron 1 | Lea County, NM | 582 BBLs | 833 MCF | Aug 2024 |
| Dos Abuelos Fee | Lea County, NM | 1,445 BBLs | 5,803 MCF | Aug 2024 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ek 29 BS2 Federal Com | Lea County, NM | 2,294 BBLs | 6,853 MCF | Sep 2024 |
| Ek 30 BS2 Federal Com | Lea County, NM | 2,408 BBLs | 7,462 MCF | Sep 2024 |
| Ek 31 BS2 Federal Com | Lea County, NM | 1,007 BBLs | 1,321 MCF | Sep 2024 |
| Ek Penrose Sand Unit | Lea County, NM | 852 BBLs | 0 MCF | Aug 2024 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Great Bear Park 24 Federal | Lea County, NM | 197 BBLs | 321 MCF | Aug 2024 |
| Iggles State Com | Lea County, NM | 1,359 BBLs | 866 MCF | Aug 2024 |
| Jim Rolfe 22 18 34 RN State | Lea County, NM | 495 BBLs | 209 MCF | Aug 2024 |
| La Rica 32 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 1994 |
| McElvain | Lea County, NM | 1,645 BBLs | 2,721 MCF | Sep 2024 |
| New Mexico | Lea County, NM | 438 BBLs | 425 MCF | Aug 2024 |
| Oriole State | Lea County, NM | 459 BBLs | 212 MCF | Aug 2024 |
| Scharbauer | Lea County, NM | 216 BBLs | 0 MCF | Aug 2024 |
| TP State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2022 |
| Wapiti 3 | Lea County, NM | 81 BBLs | 0 MCF | Aug 2024 |
These are the closest 20 companies operating near the Pickard State property.