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 - Jun 2026
Total Oil Production604,584 BBLs
Total Gas Production6,757,108 MCF
Recent Oil Production1,207 BBLs in May 2026
Recent Gas Production16,928 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Mustang State Unit

ShaleAssessment™

$3,082 *

MarketMultiple™

$347,823 **

* 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 Jun 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, TX2,820 BBLs77,988 MCFJun 2026
Colt 45 State UnitCulberson County, TX0 BBLs0 MCFMar 2024
Cosmo Daltex Unit 45-4Reeves County, TX577 BBLs11,426 MCFJun 2026
Dale StateCulberson County, TX3,002 BBLs88,572 MCFJun 2026
Daltex MunnCulberson County, TX358 BBLs43,241 MCFJun 2026
Dorothy State 12 1HCulberson County, TX734 BBLs28,475 MCFJun 2026
Fortress State UnitCulberson County, TX172 BBLs5,231 MCFJun 2026
Horseshoesprings State 113-10Culberson County, TX4,247 BBLs99,878 MCFJun 2026
Horseshoespringsstate113-24X1 1HCulberson County, TX2,346 BBLs9,017 MCFJun 2026
HS State 113Culberson County, TX15,122 BBLs387,808 MCFJun 2026
HSS StateCulberson County, TX2,192 BBLs29,713 MCFJun 2026
James Fee 6Culberson County, TX4,279 BBLs68,569 MCFJun 2026
Lee Caldwell State UnitCulberson County, TX0 BBLs0 MCFJun 2026
OatmanReeves County, TX13,459 BBLs488,253 MCFJun 2026
Reeves-StateReeves County, TX0 BBLs0 MCFJun 2017
StateReeves County, TX7,178 BBLs137,466 MCFJun 2026
State Hope Springs 113-23X14 W108HCulberson County, TX3,219 BBLs71,607 MCFJun 2026
State J. E. Liles 6Culberson County, TX950 BBLs12,013 MCFJun 2026
Strategery State UnitReeves County, TX3,717 BBLs111,874 MCFJun 2026
Wise West StateCulberson County, TX788 BBLs27,199 MCFJun 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
20261920 ENERGY LLCMUSTANG STATE UNIT #1H1920 ENERGY LLC
2026WISE ASSET NO 11 LTDMUSTANG STATE UNIT #1H1920 ENERGY LLC
2026CHAMBERS DE MINERALS LLCMUSTANG STATE UNIT #1H1920 ENERGY LLC
20261920 ENERGY LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
20261920 ENERGY LLCMUSTANG STATE UNIT 21H1920 ENERGY LLC
20261920 ENERGY LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC
2026COVINGTON MINERALS LPMUSTANG STATE UNIT #1H1920 ENERGY LLC
2026MOORE CAPITAL LTDMUSTANG STATE UNIT #1H1920 ENERGY LLC
Displaying 8 of 31 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
08-280048MUSTANG 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