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 - May 2026 |
| Total Oil Production | 600,515 BBLs |
| Total Gas Production | 1,340,759 MCF |
| Recent Oil Production | 650 BBLs in May 2026 |
| Recent Gas Production | 1,487 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Pickard State
ShaleAssessment™
$54,786 *
MarketMultiple™
$57,152 **
* 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 |
|---|---|---|---|---|
| Caprock 27 State | Lea County, NM | 228 BBLs | 14 MCF | May 2026 |
| Cimarron 1 | Lea County, NM | 870 BBLs | 1,923 MCF | May 2026 |
| Dos Abuelos Fee | Lea County, NM | 1,036 BBLs | 2,080 MCF | May 2026 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ek 29 BS2 Federal Com | Lea County, NM | 1,814 BBLs | 4,902 MCF | May 2026 |
| Ek 30 BS2 Federal Com | Lea County, NM | 512 BBLs | 3,027 MCF | May 2026 |
| Ek 31 BS2 Federal Com | Lea County, NM | 512 BBLs | 82 MCF | May 2026 |
| Ek Penrose Sand Unit | Lea County, NM | 409 BBLs | 0 MCF | May 2026 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Great Bear Park 24 Federal | Lea County, NM | 182 BBLs | 269 MCF | May 2026 |
| Iggles State Com | Lea County, NM | 40,761 BBLs | 46,606 MCF | May 2026 |
| Jim Rolfe 22 18 34 RN State | Lea County, NM | 347 BBLs | 177 MCF | May 2026 |
| La Rica 32 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 1994 |
| McElvain | Lea County, NM | 1,189 BBLs | 1,115 MCF | May 2026 |
| New Mexico | Lea County, NM | 223 BBLs | 43 MCF | May 2026 |
| New Mexico 24 Federal Com | Lea County, NM | 312 BBLs | 0 MCF | May 2026 |
| Royal Oak 25 Federal Com | Lea County, NM | 196,699 BBLs | 394,202 MCF | May 2026 |
| Scharbauer | Lea County, NM | 103 BBLs | 0 MCF | May 2026 |
| TP State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2022 |
| Wapiti 3 | Lea County, NM | 38 BBLs | 0 MCF | May 2026 |
These are the closest 20 companies operating near the Pickard State property.