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 - Jan 2024
Total Oil Production504,896 BBLs
Total Gas Production5,265,791 MCF
Recent Oil Production5,847 BBLs in Dec 2023
Recent Gas Production104,702 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Mustang State Unit

ShaleAssessment

$5,898 *

MarketMultiple

$757,007 **

* 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 Jan 2024

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, TX4,780 BBLs79,110 MCFJan 2024
Colt 45 State UnitCulberson County, TX11,233 BBLs196,212 MCFJan 2024
Cosmo Daltex Unit 45-4Reeves County, TX1,809 BBLs44,929 MCFJan 2024
Dale StateCulberson County, TX4,766 BBLs119,411 MCFJan 2024
Daltex MunnCulberson County, TX3,287 BBLs83,745 MCFJan 2024
Dorothy State 12 1HCulberson County, TX913 BBLs17,538 MCFJan 2024
Fortress State UnitCulberson County, TX1,575 BBLs30,506 MCFJan 2024
Horseshoesprings State 113-10Culberson County, TX4,352 BBLs76,210 MCFJan 2024
Horseshoespringsstate113-24X1 1HCulberson County, TX302 BBLs799 MCFJan 2024
HS State 113Culberson County, TX23,768 BBLs402,750 MCFJan 2024
HSS StateCulberson County, TX3,396 BBLs65,316 MCFJan 2024
Lee Caldwell State UnitCulberson County, TX0 BBLs0 MCFJan 2023
Marauder State Unit 1HCulberson County, TX343 BBLs3,946 MCFJan 2024
OatmanReeves County, TX71,577 BBLs868,223 MCFJan 2024
Reeves StateReeves County, TX0 BBLs0 MCFJun 2017
StateReeves County, TX14,646 BBLs304,781 MCFJan 2024
State Hope Springs 113-23X14 W108HCulberson County, TX6,128 BBLs74,625 MCFJan 2024
Strategery State UnitReeves County, TX10,332 BBLs174,414 MCFJan 2024
Thunderbolt State 1HCulberson County, TX1,308 BBLs25,085 MCFJan 2024
Wise West StateCulberson County, TX1,874 BBLs36,893 MCFJan 2024

Owners of Mustang State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
20231920 ENERGY LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC
20231920 ENERGY LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
20231920 ENERGY LLCMUSTANG STATE UNIT 21H1920 ENERGY LLC
2023WISE ASSET NO 11 LTDMUSTANG STATE UNIT 22H1920 ENERGY LLC
2023WISE ASSET NO 11 LTDMUSTANG STATE UNIT 20H1920 ENERGY LLC
2023WISE ASSET NO 11 LTDMUSTANG STATE UNIT 21H1920 ENERGY LLC
2023CHAMBERS DE MINERALS LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC
2023CHAMBERS DE MINERALS LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
Displaying 8 of 100 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
08-287253MUSTANG STATE UNIT 22HNov 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HNov 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HNov 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HNov 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HNov 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HNov 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HOct 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HOct 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HOct 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HOct 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HOct 2023SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HOct 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HOct 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HSep 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HSep 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HSep 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HSep 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HSep 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HSep 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HAug 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HAug 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HAug 2023SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HAug 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HAug 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HAug 2023DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC