Madrid

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Madrid Oil & Gas Property

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Property Summary

Key data points for Madrid

CountyMidland County, TX
Production DatesJan 1993 - Oct 2024
Total Oil Production144,976 BBLs
Total Gas Production216,533 MCF
Recent Oil Production294 BBLs in Sep 2024
Recent Gas Production278 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Madrid

ShaleAssessment™

$11,804 *

MarketMultiple™

$55,547 **

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

Based on a decimal interest

Madrid Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Madrid
from Jan 1993 to Oct 2024

Wells on Madrid

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-30305MADRID 1BROWN, TOM INC.Plugged Oil WellMidland County, TX31.982474-101.779106
42-329-35503MADRID 1PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.979649-101.784963
42-329-37148MADRID 2PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX31.981961-101.790773
42-329-38193MADRID 4PIONEER NATURAL RES. USA, INC.Permitted LocationMidland County, TX31.983152-101.786080

Leases included in Madrid

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-21819MADRID, F.LP PARTNERS, INC.Midland County, TX
08-23428MADRIDBROWN, TOM INC.Midland County, TX
08-37880MADRIDPIONEER NATURAL RES. USA, INC.Midland County, TX

Operators Associated With Madrid

Nearby Properties

These are the closest 20 properties to the Madrid property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlsupMidland County, TX143 BBLs2,374 MCFOct 2024
BlewettGlasscock County, TX414 BBLs622 MCFOct 2024
Brown PinkieMidland County, TX68 BBLs186 MCFOct 2024
CainMidland County, TX0 BBLs0 MCFMay 2023
Clearbee 29Midland County, TX1,020 BBLs5,000 MCFOct 2024
Earhart 34Glasscock County, TX713 BBLs2,049 MCFOct 2024
Eicoff 29Midland County, TX2,192 BBLs15,221 MCFOct 2024
EvansMidland County, TX858 BBLs868 MCFOct 2024
Fasken Foundation 16-21Midland County, TX1,774 BBLs4,588 MCFOct 2024
Fisher, WillieMidland County, TX0 BBLs0 MCFOct 2024
Halfmann 28Midland County, TX1,818 BBLs3,322 MCFOct 2024
Horse Radish 20Midland County, TX379 BBLs2,707 MCFOct 2024
KeeterMidland County, TX371 BBLs1,994 MCFOct 2024
NuttGlasscock County, TX150 BBLs678 MCFOct 2024
PriddyGlasscock County, TX678 BBLs881 MCFOct 2024
Salsa 20Midland County, TX451 BBLs3,853 MCFOct 2024
StuardGlasscock County, TX104 BBLs156 MCFOct 2024
Teriyaki 20Midland County, TX624 BBLs5,366 MCFOct 2024
Weaver MaeGlasscock County, TX54 BBLs207 MCFOct 2024
WilsonMidland County, TX2,085 BBLs10,563 MCFOct 2024

Companies in the Area

These are the closest 20 companies operating near the Madrid property.

Company Name
Adventure Exploration PTRS, LLC
Baker Operating, Inc.
Bluestem Energy Holdings, LLC
Breitburn Operating LP
Brown Tom Inc
De IV Operating, LLC
Endeavor Energy Resources, LP
Extex Operating Company
Fasken Oil And Ranch, LTD.
MWJ Producing Company
Owl Ops LLC
Oxyrock Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Robertson Resources, Inc.
Sutton, Robert E., Inc.
Texas Crude Operator, Inc.
Texas Investments
Westar Energy, Inc.
XTO Energy Inc.

Owners of Madrid

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES -WI-MADRIDPIONEER NATURAL RES
2024WARREN VENTURES LTDMADRIDPIONEER NATURAL RES
2024WORD B WILSON INVESTMENTS LPMADRIDPIONEER NATURAL RES
2024WIGGINS CHARLES RMADRIDPIONEER NATURAL RES
2024HANCOCK JOE DWAIN JRMADRIDPIONEER NATURAL RES
2024FARRINGTON CHILDRENS TRUSTMADRIDPIONEER NATURAL RES
2024FARRINGTON PATRICIA H TR #1MADRIDPIONEER NATURAL RES
2024MCALISTER ROYALTIES LLCMADRIDPIONEER NATURAL RES
Displaying 8 of 13 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Madrid

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-37880MADRIDOct 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDSep 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDSep 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDSep 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDAug 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDAug 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDAug 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJul 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJul 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJul 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJun 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJun 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJun 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMay 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMay 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMay 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDApr 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDApr 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDApr 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMar 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMar 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMar 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDFeb 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDFeb 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDFeb 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.