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 - Jan 2025
Total Oil Production146,221 BBLs
Total Gas Production217,578 MCF
Recent Oil Production368 BBLs in Dec 2024
Recent Gas Production323 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for Madrid

ShaleAssessment™

$11,220 *

MarketMultiple™

$52,479 **

* 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 Jan 2025

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, TX168 BBLs2,445 MCFJan 2025
BlewettGlasscock County, TX424 BBLs806 MCFJan 2025
Brown PinkieMidland County, TX264 BBLs174 MCFJan 2025
CainMidland County, TX0 BBLs0 MCFMay 2023
Clearbee 29Midland County, TX1,346 BBLs4,880 MCFJan 2025
Earhart 34Glasscock County, TX756 BBLs2,227 MCFJan 2025
Eicoff 29Midland County, TX2,170 BBLs15,671 MCFJan 2025
EvansMidland County, TX427 BBLs255 MCFJan 2025
Fasken Foundation 16-21Midland County, TX1,669 BBLs4,316 MCFJan 2025
Fisher, WillieMidland County, TX38 BBLs0 MCFJan 2025
Halfmann 28Midland County, TX1,819 BBLs25 MCFJan 2025
Horse Radish 20Midland County, TX324 BBLs2,587 MCFJan 2025
KeeterMidland County, TX399 BBLs2,299 MCFJan 2025
NuttGlasscock County, TX136 BBLs1,146 MCFJan 2025
PriddyGlasscock County, TX562 BBLs1,149 MCFJan 2025
Salsa 20Midland County, TX499 BBLs3,817 MCFJan 2025
StuardGlasscock County, TX86 BBLs172 MCFJan 2025
Teriyaki 20Midland County, TX738 BBLs5,241 MCFJan 2025
Weaver MaeGlasscock County, TX434 BBLs274 MCFJan 2025
WilsonMidland County, TX2,006 BBLs0 MCFJan 2025

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
Diamondback E&P LLC
Endeavor Energy Resources, LP
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.

Frac'ing activity on Madrid

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-329-37148Madrid 2

Owners of Madrid

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES -WI-MADRIDPIONEER NATURAL RES
2024WORD B WILSON INVESTMENTS LPMADRIDPIONEER NATURAL RES
2024WARREN VENTURES LTDMADRIDPIONEER 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.