Madrid

Oil & Gas Property in Midland County, TX

  2. Texas
  3. Midland County, TX
  4. Oil & Gas Properties in Midland County, TX
  5. Madrid Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Madrid

CountyMidland County, TX
Production DatesJan 1993 - Mar 2025
Total Oil Production146,771 BBLs
Total Gas Production218,064 MCF
Recent Oil Production328 BBLs in Mar 2025
Recent Gas Production273 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Madrid

ShaleAssessment™

$10,895 *

MarketMultiple™

$46,093 **

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

Based on a decimal interest

Madrid 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 Madrid
from Jan 1993 to Mar 2025

Wells on Madrid

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-30305MADRID 1BROWN, TOM INC.Plugged Oil WellMidland County, TX31.982474-101.779106
42-329-35503MADRID 1PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.979649-101.784963
42-329-37148MADRID 2PIONEER NATURAL RES. USA, INC.Shut InMidland County, TX31.981961-101.790773
42-329-38193MADRID 4PIONEER NATURAL RES. USA, INC.Permitted LocationMidland County, TX31.983152-101.786080

Leases included in Madrid

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-21819MADRID, F.LP PARTNERS, INC.Midland County, TX
08-23428MADRIDBROWN, TOM INC.Midland County, TX
08-37880MADRIDPIONEER NATURAL RES. USA, INC.Midland County, TX

Operators Associated With Madrid

Nearby Properties

These are the closest 20 properties to the Madrid property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlsupMidland County, TX205 BBLs2,374 MCFApr 2025
BlewettGlasscock County, TX216 BBLs569 MCFApr 2025
Brown PinkieMidland County, TX237 BBLs305 MCFApr 2025
CainMidland County, TX0 BBLs0 MCFMay 2023
Clearbee 29Midland County, TX1,265 BBLs4,402 MCFApr 2025
Earhart 34Glasscock County, TX626 BBLs1,917 MCFApr 2025
Eicoff 29Midland County, TX2,446 BBLs14,268 MCFApr 2025
EvansMidland County, TX953 BBLs1,140 MCFApr 2025
Fasken Foundation 16-21Midland County, TX2,306 BBLs6,518 MCFApr 2025
Fisher, WillieMidland County, TX45 BBLs0 MCFApr 2025
Halfmann 28Midland County, TX1,815 BBLs3,392 MCFApr 2025
Horse Radish 20Midland County, TX302 BBLs2,507 MCFApr 2025
KeeterMidland County, TX382 BBLs1,866 MCFApr 2025
NuttGlasscock County, TX135 BBLs776 MCFApr 2025
PriddyGlasscock County, TX320 BBLs1,028 MCFApr 2025
Salsa 20Midland County, TX455 BBLs3,376 MCFApr 2025
StuardGlasscock County, TX69 BBLs147 MCFApr 2025
Teriyaki 20Midland County, TX834 BBLs5,452 MCFApr 2025
Weaver MaeGlasscock County, TX373 BBLs219 MCFApr 2025
WilsonMidland County, TX1,749 BBLs7,080 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Madrid property.

Company Name
Adventure Exploration PTRS, LLC
Baker Operating, Inc.
Bluestem Energy Holdings, LLC
Breitburn Operating LP
Brown Tom Inc
Diamondback E&P LLC
Endeavor Energy Resources, LP
Fasken Oil And Ranch, LTD.
Owl Ops LLC
Oxyrock Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Robertson Resources, Inc.
Sutton, Robert E., Inc.
Texaco E & P Inc
Texas Crude Operator, Inc.
Texas Investments
Walter Exploration Company
Westar Energy, Inc.
XTO Energy Inc.

Frac'ing activity on Madrid

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-329-37148Madrid 2

Owners of Madrid

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES -WI-MADRIDPIONEER NATURAL RES
2024WORD B WILSON INVESTMENTS LPMADRIDPIONEER NATURAL RES
2024WARREN VENTURES LTDMADRIDPIONEER NATURAL RES
2024HANCOCK JOE DWAIN JRMADRIDPIONEER NATURAL RES
2024WIGGINS CHARLES RMADRIDPIONEER NATURAL RES
2024FARRINGTON CHILDRENS TRUSTMADRIDPIONEER NATURAL RES
2024FARRINGTON PATRICIA H TR #1MADRIDPIONEER NATURAL RES
2024MCALISTER ROYALTIES LLCMADRIDPIONEER NATURAL RES
Displaying 8 of 13 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Madrid

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-37880MADRIDMar 2025PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMar 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDMar 2025PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDFeb 2025PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDFeb 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDFeb 2025PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJan 2025PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJan 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJan 2025PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDDec 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDDec 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDDec 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDNov 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDNov 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDNov 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDOct 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDOct 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDOct 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDSep 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDSep 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDSep 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDAug 2024PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDAug 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDAug 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
08-37880MADRIDJul 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.