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 - Sep 2024 |
| Total Oil Production | 589,935 BBLs |
| Total Gas Production | 1,327,802 MCF |
| Recent Oil Production | 1,395 BBLs in Sep 2024 |
| Recent Gas Production | 2,922 MCF in Sep 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Pickard State
ShaleAssessment™
$70,129 *
MarketMultiple™
$147,920 **
* 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 | 780 BBLs | 2,597 MCF | Sep 2024 |
| Caprock 27 State | Lea County, NM | 212 BBLs | 0 MCF | Sep 2024 |
| Cimarron 1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Dos Abuelos Fee | Lea County, NM | 779 BBLs | 2,703 MCF | Sep 2024 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ek 29 BS2 Federal Com | Lea County, NM | 2,378 BBLs | 7,035 MCF | Sep 2024 |
| Ek 30 BS2 Federal Com | Lea County, NM | 2,166 BBLs | 6,874 MCF | Sep 2024 |
| Ek 31 BS2 Federal Com | Lea County, NM | 796 BBLs | 1,216 MCF | Sep 2024 |
| Ek Penrose Sand Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Great Bear Park 24 Federal | Lea County, NM | 171 BBLs | 249 MCF | Sep 2024 |
| Iggles State Com | Lea County, NM | 1,315 BBLs | 647 MCF | Sep 2024 |
| Jim Rolfe 22 18 34 RN State | Lea County, NM | 385 BBLs | 170 MCF | Sep 2024 |
| La Rica 32 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 1994 |
| McElvain | Lea County, NM | 1,459 BBLs | 2,782 MCF | Sep 2024 |
| New Mexico | Lea County, NM | 237 BBLs | 50 MCF | Sep 2024 |
| Pickard 20 18 34 RN State | Lea County, NM | 853 BBLs | 1,696 MCF | Sep 2024 |
| Scharbauer | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| TP State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2022 |
| Wapiti 3 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
These are the closest 20 companies operating near the Pickard State property.