Mustang State Unit

Oil & Gas Property in Culberson County, TX

Property Summary

Key data points for Mustang State Unit

County,
Production DatesOct 2015 - Feb 2025
Total Oil Production547,493 BBLs
Total Gas Production6,090,451 MCF
Recent Oil Production2,104 BBLs in Jan 2025
Recent Gas Production42,906 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for Mustang State Unit

ShaleAssessment

$3,837 *

MarketMultiple

$502,897 **

* 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 Feb 2025

Wells on Mustang State Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,

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, TX3,807 BBLs81,783 MCFFeb 2025
Colt 45 State UnitCulberson County, TX0 BBLs0 MCFMar 2024
Cosmo Daltex Unit 45-4Reeves County, TX156 BBLs31,947 MCFFeb 2025
Dale StateCulberson County, TX3,163 BBLs84,448 MCFFeb 2025
Daltex MunnCulberson County, TX1,304 BBLs52,839 MCFFeb 2025
Dorothy State 12 1HCulberson County, TX763 BBLs18,843 MCFFeb 2025
Fortress State UnitCulberson County, TX676 BBLs18,589 MCFFeb 2025
Horseshoesprings State 113-10Culberson County, TX3,605 BBLs109,917 MCFFeb 2025
Horseshoespringsstate113-24X1 1HCulberson County, TX612 BBLs7,334 MCFFeb 2025
HS State 113Culberson County, TX16,482 BBLs352,134 MCFFeb 2025
HSS StateCulberson County, TX2,263 BBLs73,439 MCFFeb 2025
James Fee 6Culberson County, TX4,934 BBLs56,787 MCFFeb 2025
Lee Caldwell State UnitCulberson County, TX0 BBLs0 MCFJan 2023
OatmanReeves County, TX30,088 BBLs727,650 MCFFeb 2025
Reeves-StateReeves County, TX0 BBLs0 MCFJun 2017
StateReeves County, TX12,217 BBLs345,989 MCFFeb 2025
State Hope Springs 113-23X14 W108HCulberson County, TX3,167 BBLs34,202 MCFFeb 2025
Strategery State UnitReeves County, TX6,028 BBLs124,176 MCFFeb 2025
Thunderbolt State 1HCulberson County, TX552 BBLs18,411 MCFFeb 2025
Wise West StateCulberson County, TX1,285 BBLs35,462 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Mustang State Unit property.

Company Name

Owners of Mustang State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
20241920 ENERGY LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC
2024WISE ASSET NO 11 LTDMUSTANG STATE UNIT 22H1920 ENERGY LLC
20241920 ENERGY LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
20241920 ENERGY LLCMUSTANG STATE UNIT 21H1920 ENERGY LLC
2024WISE ASSET NO 11 LTDMUSTANG STATE UNIT 20H1920 ENERGY LLC
2024WISE ASSET NO 11 LTDMUSTANG STATE UNIT 21H1920 ENERGY LLC
2024CHAMBERS DE MINERALS LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC
2024CHAMBERS DE MINERALS LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
Displaying 8 of 85 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Mustang State Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-286482MUSTANG STATE UNIT 20HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HSep 2024SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HAug 2024SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HJun 2024SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC