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

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Property Summary

Key data points for Madrid

CountyMidland County, TX
Production DatesJan 1993 - Oct 2025
Total Oil Production148,329 BBLs
Total Gas Production219,358 MCF
Recent Oil Production260 BBLs in Sep 2025
Recent Gas Production251 MCF in Sep 2025
Wells on Property4

Our Valuation Estimates for Madrid

ShaleAssessment™

$9,726 *

MarketMultiple™

$28,846 **

* 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
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to oil and gas production for Madrid
from Jan 1993 to Oct 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, TX113 BBLs2,094 MCFOct 2025
BlewettGlasscock County, TX641 BBLs746 MCFOct 2025
BottsGlasscock County, TX342 BBLs245 MCFOct 2025
Brown PinkieMidland County, TX223 BBLs264 MCFOct 2025
CainMidland County, TX0 BBLs0 MCFMay 2023
Clearbee 29Midland County, TX1,020 BBLs2,400 MCFOct 2025
Earhart 34Glasscock County, TX336 BBLs750 MCFOct 2025
Eicoff 29Midland County, TX1,973 BBLs17,709 MCFOct 2025
EvansMidland County, TX93 BBLs248 MCFOct 2025
FarmsMidland County, TX449 BBLs358 MCFOct 2025
Fisher, WillieMidland County, TX2 BBLs0 MCFSep 2025
Halfmann 28Midland County, TX1,577 BBLs3,249 MCFOct 2025
Horse Radish 20Midland County, TX263 BBLs1,400 MCFOct 2025
KeeterMidland County, TX397 BBLs1,760 MCFOct 2025
PriddyGlasscock County, TX201 BBLs937 MCFOct 2025
Salsa 20Midland County, TX646 BBLs1,988 MCFOct 2025
StuardGlasscock County, TX90 BBLs153 MCFOct 2025
Teriyaki 20Midland County, TX615 BBLs2,558 MCFOct 2025
Weaver MaeGlasscock County, TX414 BBLs397 MCFOct 2025
WilsonMidland County, TX1,573 BBLs4,110 MCFOct 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.
Texas Crude Operator, Inc.
Texas Investments
Trilogy Operating, Inc.
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
2025PIONEER NATURAL RES -WI-MADRIDPIONEER NATURAL RES
2025WARREN VENTURES LTDMADRIDPIONEER NATURAL RES
2025WORD B WILSON INVESTMENTS LPMADRIDPIONEER NATURAL RES
2025RED HARLAN ROYALTIES LTDMADRIDPIONEER NATURAL RES
2025WIGGINS CHARLES RMADRIDPIONEER NATURAL RES
2025FARRINGTON CHILDRENS TRUSTMADRIDPIONEER NATURAL RES
2025FARRINGTON PATRICIA H TR #1MADRIDPIONEER NATURAL RES
2025MCALISTER 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.