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 - Dec 2024 |
| Total Oil Production | 593,930 BBLs |
| Total Gas Production | 1,329,515 MCF |
| Recent Oil Production | 1,473 BBLs in Nov 2024 |
| Recent Gas Production | 2,897 MCF in Nov 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Pickard State
ShaleAssessment™
$67,023 *
MarketMultiple™
$154,587 **
* 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 | 656 BBLs | 2,097 MCF | Nov 2024 |
| Caprock 27 State | Lea County, NM | 192 BBLs | 45 MCF | Dec 2024 |
| Cimarron 1 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Dos Abuelos Fee | Lea County, NM | 719 BBLs | 2,473 MCF | Dec 2024 |
| E-K Queen Unit | Lea County, NM | 142 BBLs | 0 MCF | Dec 2024 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ek 29 BS2 Federal Com | Lea County, NM | 2,442 BBLs | 6,616 MCF | Dec 2024 |
| Ek 30 BS2 Federal Com | Lea County, NM | 1,952 BBLs | 5,931 MCF | Dec 2024 |
| Ek 31 BS2 Federal Com | Lea County, NM | 665 BBLs | 1,051 MCF | Dec 2024 |
| Ek Penrose Sand Unit | Lea County, NM | 456 BBLs | 0 MCF | Dec 2024 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Great Bear Park 24 Federal | Lea County, NM | 172 BBLs | 184 MCF | Dec 2024 |
| Iggles State Com | Lea County, NM | 1,222 BBLs | 838 MCF | Dec 2024 |
| La Rica 32 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 1994 |
| McElvain | Lea County, NM | 611 BBLs | 862 MCF | Dec 2024 |
| New Mexico | Lea County, NM | 475 BBLs | 203 MCF | Dec 2024 |
| Pickard 20 18 34 RN State | Lea County, NM | 672 BBLs | 1,339 MCF | Nov 2024 |
| Scharbauer | Lea County, NM | 247 BBLs | 0 MCF | Dec 2024 |
| TP State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2022 |
| Wapiti 3 | Lea County, NM | 68 BBLs | 0 MCF | Nov 2024 |
These are the closest 20 companies operating near the Pickard State property.