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 - Nov 2025 |
| Total Oil Production | 596,691 BBLs |
| Total Gas Production | 1,334,217 MCF |
| Recent Oil Production | 366 BBLs in Nov 2025 |
| Recent Gas Production | 997 MCF in Nov 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Pickard State
ShaleAssessment™
$58,660 *
MarketMultiple™
$21,012 **
* 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 |
|---|---|---|---|---|
| Cap State | Lea County, NM | 334 BBLs | 1,272 MCF | Nov 2025 |
| Caprock 27 State | Lea County, NM | 272 BBLs | 101 MCF | Dec 2025 |
| Cimarron 1 | Lea County, NM | 901 BBLs | 1,554 MCF | Nov 2025 |
| Dos Abuelos Fee | Lea County, NM | 830 BBLs | 3,023 MCF | Nov 2025 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ek 29 BS2 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Ek 30 BS2 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Ek 31 BS2 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Ek Penrose Sand Unit | Lea County, NM | 183 BBLs | 0 MCF | Nov 2025 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Great Bear Park 24 Federal | Lea County, NM | 148 BBLs | 260 MCF | Dec 2025 |
| Iggles State Com | Lea County, NM | 65,665 BBLs | 64,309 MCF | Nov 2025 |
| Jim Rolfe 22 18 34 RN State | Lea County, NM | 306 BBLs | 146 MCF | Nov 2025 |
| La Rica 32 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 1994 |
| McElvain | Lea County, NM | 453 BBLs | 220 MCF | Nov 2025 |
| New Mexico | Lea County, NM | 326 BBLs | 0 MCF | Dec 2025 |
| Pickard 20 18 34 RN State | Lea County, NM | 832 BBLs | 735 MCF | Nov 2025 |
| Scharbauer | Lea County, NM | 168 BBLs | 0 MCF | Nov 2025 |
| TP State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2022 |
| Wapiti 3 | Lea County, NM | 73 BBLs | 91 MCF | Dec 2025 |
These are the closest 20 companies operating near the Pickard State property.