State

Oil & Gas Property in Sheridan County, MT

Property Summary

Key data points for State

CountySheridan County, MT
OperatorLEGACY RESERVES OPERATING LP
Production DatesJan 1986 - Jan 2024
Total Oil Production568,158 BBLs
Total Gas Production317,970 MCF
Recent Oil Production429 BBLs in Jan 2024
Recent Gas Production264 MCF in Jan 2024
Wells on Property3

Our Valuation Estimates for State

ShaleAssessment

$23,664 *

MarketMultiple

$83,733 **

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

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Jan 1986 to Jan 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
25-091-21122State 1-RLegacy Reserves Operating LPShut InSheridan County, MT48.610353-104.141440
25-091-21201State 2Legacy Reserves Operating LPProducingSheridan County, MT48.617381-104.141436
25-091-21610State 2ALegacy Reserves Operating LPProducingSheridan County, MT48.617792-104.141684

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
2111STATE (1-R , #2, & 2-A)Eagle Operating Inc.Sheridan County, MT

Nearby Properties

These are the closest 16 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anderson 1Sheridan County, MT0 BBLs0 MCFOct 1986
Christensen 1Sheridan County, MT130 BBLs0 MCFJan 2024
DahlSheridan County, MT145 BBLs14 MCFJan 2024
DahlSheridan County, MT740 BBLs303 MCFJan 2024
DwyerSheridan County, MT0 BBLs0 MCFApr 2023
GuentherSheridan County, MT1,492 BBLs923 MCFJan 2024
HaavenSheridan County, MT549 BBLs465 MCFJan 2024
HarshbargerSheridan County, MT0 BBLs0 MCFSep 2012
Jerome 15-33Sheridan County, MT779 BBLs789 MCFJan 2024
MelbySheridan County, MT1,008 BBLs663 MCFJan 2024
MelbySheridan County, MT114 BBLs11 MCFJan 2024
MorkenSheridan County, MT316 BBLs23 MCFJan 2024
OnstadSheridan County, MT167 BBLs75 MCFJan 2024
SorensenSheridan County, MT1,307 BBLs1,135 MCFJan 2024
StateSheridan County, MT183 BBLs287 MCFJan 2024
Teal East-Onstad 15-1Sheridan County, MT318 BBLs143 MCFJan 2024