Picasso Federal

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Picasso Federal Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Picasso Federal

CountyLea County, NM
OperatorCOG OPERATING LLC
Production DatesFeb 2015 - Feb 2024
Total Oil Production259,885 BBLs
Total Gas Production1,484,821 MCF
Recent Oil Production1,721 BBLs in Jan 2024
Recent Gas Production1,231 MCF in Jan 2024
Wells on Property4

Our Valuation Estimates for Picasso Federal

ShaleAssessment™

$51,158 *

MarketMultiple™

$162,316 **

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

Based on a decimal interest

Picasso Federal 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 Picasso Federal
from Feb 2015 to Feb 2024

Wells on Picasso Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41514PICASSO FEDERAL COM 001HCOG OPERATING LLCCancelled ApdLea County, NM32.225365-103.468529
30-025-41733PICASSO FEDERAL COM 003HCOG OPERATING LLCNewLea County, NM32.225369-103.477028
30-025-41734PICASSO FEDERAL COM 004HCOG OPERATING LLCNewLea County, NM32.225369-103.480232
30-025-41905PICASSO FEDERAL 002HCOG OPERATING LLCActiveLea County, NM32.225365-103.470696

Leases included in Picasso Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
313737PICASSO FEDERALCOG OPERATING LLCLea County, NM
40252PICASSO FEDERAL COMCOG OPERATING LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Picasso Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Brad Lummis ComLea County, NM8,396 BBLs20,206 MCFJan 2024
Brad Lummis Federal ComLea County, NM6,625 BBLs19,361 MCFJan 2024
Carl Mottek FederalLea County, NM6,809 BBLs12,935 MCFJan 2024
FlowmasterLea County, NM12,579 BBLs44,972 MCFFeb 2024
Galleon 21 FederalLea County, NM59,427 BBLs219,870 MCFJan 2024
Gramma Ridge 14 24 34Lea County, NM3,738 BBLs9,254 MCFFeb 2024
Jolly Roger 16 StateLea County, NM10,885 BBLs23,283 MCFJan 2024
Juliet Federal ComLea County, NM46,083 BBLs203,819 MCFFeb 2024
Madera 17 FederalLea County, NM970 BBLs1,225 MCFFeb 2024
Mandelbaum FeeLea County, NM25,916 BBLs84,145 MCFFeb 2024
Pirate StateLea County, NM5,123 BBLs25,345 MCFFeb 2024
Prodigal Sun 17 24 34Lea County, NM625 BBLs885 MCFFeb 2024
Raider FederalLea County, NM28,907 BBLs106,811 MCFFeb 2024
Romeo Federal ComLea County, NM10,601 BBLs42,857 MCFFeb 2024
Salvador FeeLea County, NM2,488 BBLs6,067 MCFFeb 2024
Sebastian Federal ComLea County, NM8,175 BBLs11,916 MCFFeb 2024
The Contest Federal ComLea County, NM16,890 BBLs54,129 MCFFeb 2024
Van Gogh FeeLea County, NM1,904 BBLs4,036 MCFFeb 2024
Will Kane 15 WLea County, NM5,165 BBLs7,440 MCFFeb 2024
Yukon 20 Federal ComLea County, NM156,311 BBLs654,434 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Picasso Federal property.

Company Name
Bold Energy, L.P.
Bta Oil Producers
Chesapeake Operating, Inc.
Chevron Midcontinent, L.P.
Chevron USA Inc
Cimarex Energy Co
Cimarex Energy Co. Of Colorado
Civitas Permian Operating, LLC
COG Operating LLC
COG Production LLC
Devon Energy Production Company LP
EOG Resources Inc
Kaiser-Francis Oil Company
Marathon Oil Permian LLC
Matador Production Company
Mewbourne Oil Company
Oxy USA Inc
Permian Resources Operating, LLC
Regeneration Energy, Corporation
Strata Production Co