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 - Jan 2026 |
| Total Oil Production | 597,705 BBLs |
| Total Gas Production | 1,336,172 MCF |
| Recent Oil Production | 591 BBLs in Jan 2026 |
| Recent Gas Production | 981 MCF in Jan 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Pickard State
ShaleAssessment™
$57,187 *
MarketMultiple™
$23,599 **
* 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 | 486 BBLs | 1,364 MCF | Jan 2026 |
| Caprock 27 State | Lea County, NM | 187 BBLs | 36 MCF | Jan 2026 |
| Cimarron 1 | Lea County, NM | 962 BBLs | 1,705 MCF | Jan 2026 |
| Dos Abuelos Fee | Lea County, NM | 1,026 BBLs | 2,896 MCF | Jan 2026 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ek 29 BS2 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Ek 30 BS2 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Ek 31 BS2 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Ek Penrose Sand Unit | Lea County, NM | 255 BBLs | 0 MCF | Jan 2026 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Great Bear Park 24 Federal | Lea County, NM | 147 BBLs | 267 MCF | Jan 2026 |
| Iggles State Com | Lea County, NM | 39,864 BBLs | 41,586 MCF | Jan 2026 |
| Jim Rolfe 22 18 34 RN State | Lea County, NM | 434 BBLs | 193 MCF | Jan 2026 |
| La Rica 32 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 1994 |
| McElvain | Lea County, NM | 523 BBLs | 154 MCF | Jan 2026 |
| New Mexico | Lea County, NM | 261 BBLs | 0 MCF | Jan 2026 |
| New Mexico 24 Federal Com | Lea County, NM | 329 BBLs | 0 MCF | Jan 2026 |
| Pickard 20 18 34 RN State | Lea County, NM | 628 BBLs | 1,014 MCF | Jan 2026 |
| Scharbauer | Lea County, NM | 42 BBLs | 0 MCF | Jan 2026 |
| Wapiti 3 | Lea County, NM | 59 BBLs | 19 MCF | Jan 2026 |
These are the closest 20 companies operating near the Pickard State property.