Pickard State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Pickard State Oil & Gas Property

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Property Summary

Key data points for Pickard State

CountyLea County, NM
OperatorMATADOR PRODUCTION COMPANY
Production DatesJul 2014 - Jan 2025
Total Oil Production594,704 BBLs
Total Gas Production1,330,419 MCF
Recent Oil Production774 BBLs in Jan 2025
Recent Gas Production904 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Pickard State

ShaleAssessment™

$66,381 *

MarketMultiple™

$161,514 **

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

Based on a decimal interest

Pickard State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pickard State
from Jul 2014 to Jan 2025

Wells on Pickard State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41586PICKARD STATE 001HMATADOR PRODUCTION COMPANYActiveLea County, NM32.727886-103.579857
30-025-41614PICKARD STATE 002HMATADOR PRODUCTION COMPANYActiveLea County, NM32.727894-103.579765

Leases included in Pickard State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
40309PICKARD STATEMATADOR PRODUCTION COMPANYLea County, NM

Nearby Properties

These are the closest 20 properties to the Pickard State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cap StateLea County, NM626 BBLs2,192 MCFFeb 2025
Caprock 27 StateLea County, NM152 BBLs41 MCFFeb 2025
Central Ek Queen UnitLea County, NM151 BBLs0 MCFFeb 2025
Cimarron 1Lea County, NM0 BBLs677 MCFJan 2025
Dos Abuelos FeeLea County, NM795 BBLs3,106 MCFJan 2025
E-K Queen UnitLea County, NM168 BBLs0 MCFFeb 2025
East Ek UnitLea County, NM0 BBLs0 MCFJan 2003
Ek 29 BS2 Federal ComLea County, NM2,396 BBLs6,404 MCFFeb 2025
Ek 30 BS2 Federal ComLea County, NM1,213 BBLs6,149 MCFFeb 2025
Ek 31 BS2 Federal ComLea County, NM617 BBLs1,148 MCFFeb 2025
Ek Penrose Sand UnitLea County, NM435 BBLs0 MCFFeb 2025
Ekay 2Lea County, NM0 BBLs0 MCFNov 2002
Great Bear Park 24 FederalLea County, NM188 BBLs192 MCFFeb 2025
Iggles State ComLea County, NM1,450 BBLs1,644 MCFJan 2025
La Rica 32 StateLea County, NM0 BBLs0 MCFDec 1994
McElvainLea County, NM686 BBLs1,231 MCFFeb 2025
New MexicoLea County, NM348 BBLs65 MCFFeb 2025
ScharbauerLea County, NM240 BBLs0 MCFFeb 2025
TP StateLea County, NM0 BBLs0 MCFFeb 2022
Wapiti 3Lea County, NM49 BBLs0 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Pickard State property.

Company Name
Anadarko Petroleum Corporation
C W Trainer
COG Operating LLC
Devon Energy Production Company LP
EOG Resources, Inc.
Harvey E Yates Company
Kaiser-Francis Oil Company
Kevin O Butler & Assoc Inc
Mack Energy Corporation
Matador Production Company
McElvain Energy Inc
Nearburg Producing Company
Occidental Permian LTD.
Paloma Permian Assetco, LLC
Prima Exploration, Inc.
Raybaw Operating, LLC
Rhombus Operating Co., LTD
Roca Operating, Inc.
Seely Oil Company
Yarbrough Oil LP

Frac'ing activity on Pickard State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-41586Pickard State #1H
30-025-41614Pickard State #2H