Pickett Draw

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Pickett Draw

CountyEddy County, NM
Production DatesJan 1993 - Feb 2024
Total Oil Production291,098 BBLs
Total Gas Production124,276 MCF
Recent Oil Production48 BBLs in Jan 2024
Recent Gas Production11 MCF in Jan 2024
Wells on Property5

Our Valuation Estimates for Pickett Draw

ShaleAssessment

$25,086 *

MarketMultiple

$39,426 **

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

Based on a decimal interest

Pickett Draw Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pickett Draw
from Jan 1993 to Feb 2024

Wells on Pickett Draw

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-25767PICKETT DRAW FEDERAL 001XTO ENERGY, INCPlugged, Site ReleasedEddy County, NM32.150120-103.991661
30-015-25867PICKETT DRAW FEDERAL 002Petroleum Exploration Company Ltd., Limited PActiveEddy County, NM32.140755-103.976028
30-015-26889PICKETT DRAW FEDERAL 003Petroleum Exploration Company Ltd., Limited PActiveEddy County, NM32.138954-103.978546
30-015-35443PICKETT DRAW 16 STATE 001HContango Resources, LLCActiveEddy County, NM32.130196-103.982613
30-015-35681PICKETT DRAW 16 STATE 002HContango Resources, LLCActiveEddy County, NM32.130192-103.985848

Leases included in Pickett Draw

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320820PICKETT DRAW FEDERALXTO ENERGY, INCEddy County, NM
330121PICKETT DRAW 16 STATEContango Resources, LLCEddy County, NM
333332PICKETT DRAW FEDERALPetroleum Exploration Company Ltd., Limited PEddy County, NM

Nearby Properties

These are the closest 20 properties to the Pickett Draw property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
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Elk Wallow 11 StateEddy County, NM193 BBLs18,490 MCFJan 2024
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Mescal 22 FederalEddy County, NM0 BBLs0 MCFApr 2022
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Save D A 2Eddy County, NM0 BBLs0 MCFSep 2023
Showstopper 1Eddy County, NM139 BBLs10,801 MCFFeb 2024
Sizzler StateEddy County, NM886 BBLs12,893 MCFJan 2024
Slider 8 FederalEddy County, NM145 BBLs2,595 MCFFeb 2024
TombstoneEddy County, NM0 BBLs0 MCFNov 2019