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 2024 |
| Total Oil Production | 581,558 BBLs |
| Total Gas Production | 1,307,982 MCF |
| Recent Oil Production | 1,150 BBLs in Jan 2024 |
| Recent Gas Production | 3,529 MCF in Jan 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Pickard State
ShaleAssessment™
$77,066 *
MarketMultiple™
$189,846 **
* 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 | 570 BBLs | 1,404 MCF | Feb 2024 |
| Caprock 27 State | Lea County, NM | 228 BBLs | 115 MCF | Feb 2024 |
| Cimarron 1 | Lea County, NM | 594 BBLs | 1,218 MCF | Jan 2024 |
| Dos Abuelos Fee | Lea County, NM | 1,299 BBLs | 3,857 MCF | Jan 2024 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ek 29 BS2 Federal Com | Lea County, NM | 2,650 BBLs | 6,630 MCF | Feb 2024 |
| Ek 30 BS2 Federal Com | Lea County, NM | 2,330 BBLs | 6,638 MCF | Feb 2024 |
| Ek 31 BS2 Federal Com | Lea County, NM | 209 BBLs | 332 MCF | Feb 2024 |
| Ek Penrose Sand Unit | Lea County, NM | 652 BBLs | 0 MCF | Jan 2024 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Great Bear Park 24 Federal | Lea County, NM | 230 BBLs | 321 MCF | Feb 2024 |
| Iggles State Com | Lea County, NM | 1,418 BBLs | 867 MCF | Jan 2024 |
| Jim Rolfe 22 18 34 RN State | Lea County, NM | 417 BBLs | 139 MCF | Jan 2024 |
| La Rica 32 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 1994 |
| McElvain | Lea County, NM | 1,171 BBLs | 1,687 MCF | Feb 2024 |
| New Mexico | Lea County, NM | 629 BBLs | 595 MCF | Feb 2024 |
| Pickard 20 18 34 RN State | Lea County, NM | 775 BBLs | 1,419 MCF | Jan 2024 |
| Scharbauer | Lea County, NM | 248 BBLs | 0 MCF | Jan 2024 |
| TP State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2022 |
| Wapiti 3 | Lea County, NM | 59 BBLs | 0 MCF | Jan 2024 |
These are the closest 20 companies operating near the Pickard State property.