Mustang State Unit

Oil & Gas Property in Culberson County, TX

Property Summary

Key data points for Mustang State Unit

CountyCulberson County, TX
Production DatesOct 2015 - Apr 2026
Total Oil Production602,027 BBLs
Total Gas Production6,723,469 MCF
Recent Oil Production1,543 BBLs in Mar 2026
Recent Gas Production13,337 MCF in Mar 2026
Wells on Property4

Our Valuation Estimates for Mustang State Unit

ShaleAssessment

$3,092 *

MarketMultiple

$517,446 **

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

Based on a decimal interest

Mustang State Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Mustang State Unit
from Oct 2015 to Apr 2026

Wells on Mustang State Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-109-32859MUSTANG STATE UNIT 1H1920 ENERGY, LLCProducingCulberson County, TX31.678649-104.120361
42-109-33298MUSTANG STATE UNIT 20H1920 ENERGY, LLCProducingCulberson County, TX31.677558-104.129852
42-109-33435MUSTANG STATE UNIT 21H1920 ENERGY, LLCProducingCulberson County, TX31.677561-104.129756
42-109-33436MUSTANG STATE UNIT 22H1920 ENERGY, LLCProducingCulberson County, TX31.677562-104.129707

Leases included in Mustang State Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-280048MUSTANG STATE UNIT 1H1920 ENERGY, LLCCulberson County, TX
08-286482MUSTANG STATE UNIT 20H1920 ENERGY, LLCCulberson County, TX
08-287250MUSTANG STATE UNIT 21H1920 ENERGY, LLCCulberson County, TX
08-287253MUSTANG STATE UNIT 22H1920 ENERGY, LLCCulberson County, TX
08-47096MUSTANG STATE UNITCARRIZO (PERMIAN) LLCCulberson County, TX
08-50784MUSTANG STATE UNITCARRIZO (PERMIAN) LLCCulberson County, TX

Operators Associated With Mustang State Unit

Nearby Properties

These are the closest 20 properties to the Mustang State Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Big Red State Unit 32Culberson County, TX2,177 BBLs70,231 MCFApr 2026
Colt 45 State UnitCulberson County, TX0 BBLs0 MCFMar 2024
Cosmo Daltex Unit 45-4Reeves County, TX685 BBLs8,397 MCFApr 2026
Dale StateCulberson County, TX3,048 BBLs120,039 MCFApr 2026
Daltex MunnCulberson County, TX262 BBLs36,163 MCFApr 2026
Fortress State UnitCulberson County, TX309 BBLs7,897 MCFApr 2026
Horseshoesprings State 113-10Culberson County, TX3,662 BBLs92,763 MCFApr 2026
Horseshoespringsstate113-24X1 1HCulberson County, TX692 BBLs8,863 MCFApr 2026
HS State 113Culberson County, TX16,974 BBLs365,384 MCFApr 2026
HSS StateCulberson County, TX2,297 BBLs36,605 MCFApr 2026
James Fee 6Culberson County, TX4,361 BBLs72,527 MCFApr 2026
Karen Fee 17 1HCulberson County, TX723 BBLs23,061 MCFApr 2026
Lee Caldwell State UnitCulberson County, TX0 BBLs0 MCFJun 2025
OatmanReeves County, TX13,970 BBLs443,467 MCFApr 2026
Reeves-StateReeves County, TX0 BBLs0 MCFJun 2017
StateReeves County, TX6,979 BBLs124,755 MCFApr 2026
State Hope Springs 113-23X14 W108HCulberson County, TX362 BBLs8,087 MCFApr 2026
State J. E. Liles 6Culberson County, TX840 BBLs24,867 MCFApr 2026
Strategery State UnitReeves County, TX4,101 BBLs110,824 MCFApr 2026
Wise West StateCulberson County, TX529 BBLs29,934 MCFApr 2026

Frac'ing activity on Mustang State Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-109-32859Mustang State Unit 1H
42-109-33298MUSTANG STATE UNIT 20H Stage 27
42-109-33435MUSTANG STATE UNIT 21H
42-109-33436MUSTANG STATE UNIT 22H

Owners of Mustang State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
20251920 ENERGY LLCMUSTANG STATE UNIT #1H1920 ENERGY LLC
20251920 ENERGY LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
20251920 ENERGY LLCMUSTANG STATE UNIT 21H1920 ENERGY LLC
20251920 ENERGY LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC

Oil & Gas Sales on Mustang State Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-280048MUSTANG STATE UNIT 1HFeb 20261920 ENERGY, LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HFeb 2026DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HFeb 2026UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HFeb 2026SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HJan 2026DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HJan 2026SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HJan 2026UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HJan 20261920 ENERGY, LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HDec 2025UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HDec 2025DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HDec 20251920 ENERGY, LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HDec 20251920 ENERGY, LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HDec 2025DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HDec 2025UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HDec 2025SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HNov 2025DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HNov 2025UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HNov 2025UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HNov 2025DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HNov 2025DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HNov 20251920 ENERGY, LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HNov 2025SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HNov 20251920 ENERGY, LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HNov 2025UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HNov 20251920 ENERGY, LLC1920 ENERGY, LLC