Mustang State Unit

Oil & Gas Property in Culberson County, TX

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Property Summary

Key data points for Mustang State Unit

CountyCulberson County, TX
Production DatesOct 2015 - May 2026
Total Oil Production603,234 BBLs
Total Gas Production6,740,397 MCF
Recent Oil Production1,896 BBLs in Apr 2026
Recent Gas Production19,243 MCF in Apr 2026
Wells on Property4

Our Valuation Estimates for Mustang State Unit

ShaleAssessment

$3,088 *

MarketMultiple

$455,955 **

* 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 May 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, TX2,640 BBLs75,752 MCFMay 2026
Colt 45 State UnitCulberson County, TX0 BBLs0 MCFMar 2024
Cosmo Daltex Unit 45-4Reeves County, TX447 BBLs11,644 MCFMay 2026
Dale StateCulberson County, TX2,939 BBLs91,120 MCFMay 2026
Daltex MunnCulberson County, TX289 BBLs41,274 MCFMay 2026
Dorothy State 12 1HCulberson County, TX665 BBLs33,707 MCFMay 2026
Fortress State UnitCulberson County, TX356 BBLs6,644 MCFMay 2026
Horseshoesprings State 113-10Culberson County, TX3,016 BBLs83,702 MCFMay 2026
HS State 113Culberson County, TX14,323 BBLs363,622 MCFMay 2026
HSS StateCulberson County, TX1,430 BBLs21,495 MCFMay 2026
James Fee 6Culberson County, TX3,888 BBLs68,425 MCFMay 2026
Karen Fee 17 1HCulberson County, TX622 BBLs22,730 MCFMay 2026
Lee Caldwell State UnitCulberson County, TX0 BBLs0 MCFJun 2025
OatmanReeves County, TX13,235 BBLs472,341 MCFMay 2026
Reeves-StateReeves County, TX0 BBLs0 MCFJun 2017
StateReeves County, TX6,402 BBLs118,440 MCFMay 2026
State Hope Springs 113-23X14 W108HCulberson County, TX1,804 BBLs33,346 MCFMay 2026
State J. E. Liles 6Culberson County, TX1,281 BBLs30,400 MCFMay 2026
Strategery State UnitReeves County, TX3,662 BBLs106,789 MCFMay 2026
Wise West StateCulberson County, TX499 BBLs22,128 MCFMay 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 1HMay 2026ARM ENERGY MANAGEMENT LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMay 20261920 ENERGY, LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMay 2026DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMay 2026SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HApr 2026DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HApr 2026SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HApr 2026UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HApr 20261920 ENERGY, LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMar 2026UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMar 2026SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMar 2026DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMar 20261920 ENERGY, LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HFeb 2026DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HFeb 20261920 ENERGY, LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HFeb 2026SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HFeb 2026UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HJan 2026UPSTREAM ENERGY SERVICES LLC1920 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 20261920 ENERGY, LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HDec 20251920 ENERGY, LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HDec 2025UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HDec 20251920 ENERGY, LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HDec 2025DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HDec 2025UPSTREAM ENERGY SERVICES LLC1920 ENERGY, LLC