Cook sausage, drain and set aside.
In same pan, add butter and oil.
Saute’ onions and peppers about 5 minutes; drain.
In your skillet, layer 1/2 the sausage…1/2 the onions and peppers…1/2 cheeses; then layer again.
Place in 400 degree oven for 15 minutes until the cheese is all melted and gooey. Remove from oven.
Spread the pico over the top and sprinkle with chopped cilantro.