Spectacular Bid

Oil & Gas Property in Culberson County, TX

Property Summary

Key data points for Spectacular Bid

CountyCulberson County, TX
OperatorCIMAREX ENERGY CO
Production DatesJun 2021 - Jan 2024
Total Oil Production1,870,235 BBLs
Total Gas Production21,939,146 MCF
Recent Oil Production22,014 BBLs in Dec 2023
Recent Gas Production491,985 MCF in Dec 2023
Wells on Property7

Our Valuation Estimates for Spectacular Bid

ShaleAssessment

Not Available

MarketMultiple

$4,109,727 **

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

Based on a decimal interest

Spectacular Bid Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spectacular Bid
from Jun 2021 to Jan 2024

Wells on Spectacular Bid

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-109-32512SPECTACULAR BID 32 FEE 1HCIMAREX ENERGY CO.Horizontal Well Surface LocatioCulberson County, TX31.802733-104.298892
42-109-33670SPECTACULAR BID 22 STATE UNIT 1HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819494-104.262053
42-109-33671SPECTACULAR BID 22 STATE UNIT 2HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819494-104.261925
42-109-33672SPECTACULAR BID 22 STATE UNIT 3HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819494-104.261861
42-109-33673SPECTACULAR BID 22 STATE UNIT 4HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819547-104.253478
42-109-33674SPECTACULAR BID 22 STATE UNIT 5HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819547-104.253350
42-109-33675SPECTACULAR BID 22 STATE UNIT 7HCIMAREX ENERGY CO.Horizontal Well Surface LocatioCulberson County, TX31.819500-104.262000

Leases included in Spectacular Bid

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-291547SPECTACULAR BID 22 STATE UNIT 1HCIMAREX ENERGY CO.Culberson County, TX
08-291548SPECTACULAR BID 22 STATE UNIT 4HCIMAREX ENERGY CO.Culberson County, TX
08-291611SPECTACULAR BID 22 STATE UNIT 3HCIMAREX ENERGY CO.Culberson County, TX
08-291612SPECTACULAR BID 22 STATE UNIT 5HCIMAREX ENERGY CO.Culberson County, TX
08-291889SPECTACULAR BID 22 STATE UNIT 2HCIMAREX ENERGY CO.Culberson County, TX
08-292962SPECTACULAR BID 22 STATE UNIT 7HCIMAREX ENERGY CO.Culberson County, TX

Nearby Properties

These are the closest 20 properties to the Spectacular Bid property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Affirmed 23 State UnitCulberson County, TX10,960 BBLs220,090 MCFJan 2024
Big BrownCulberson County, TX3,896 BBLs47,543 MCFJan 2024
Bold Venture 20Culberson County, TX24,846 BBLs356,062 MCFJan 2024
Brokers Tip 24 State UnitCulberson County, TX13,555 BBLs313,814 MCFJan 2024
Elwood 29Culberson County, TX5,310 BBLs56,973 MCFJan 2024
Exterminator 42 StateCulberson County, TX120 BBLs15,141 MCFJan 2024
Funny Cide 32Culberson County, TX1,019 BBLs18,132 MCFJan 2024
Go For Gin 27 State UnitCulberson County, TX31,942 BBLs665,897 MCFJan 2024
Hindoo 2Culberson County, TX418 BBLs21,900 MCFJan 2024
Huey State 24Culberson County, TX31,842 BBLs739,550 MCFJan 2024
Kingman 45 State UnitCulberson County, TX6,901 BBLs115,233 MCFJan 2024
LookoutCulberson County, TX25 BBLs0 MCFDec 2023
Lord Murphy 10 StateCulberson County, TX2,942 BBLs48,507 MCFJan 2024
Nyquist 25 State UnitCulberson County, TX5,510 BBLs77,212 MCFJan 2024
Seattle Slew 42 State UnitCulberson County, TX304 BBLs0 MCFJan 2024
Sheriff Bart State 36Culberson County, TX1,330 BBLs81,425 MCFJan 2024
Sheriff Bart State 36 4haCulberson County, TX1,582 BBLs31,825 MCFJan 2024
Sir Barton 4 SCulberson County, TX11,513 BBLs278,145 MCFJan 2024
Smarty Jones 42 State UnitCulberson County, TX2,115 BBLs26,018 MCFJan 2024
Whirlaway 38 State 1HCulberson County, TX138 BBLs12,005 MCFJan 2024

Owners of Spectacular Bid

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2023CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2023CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2023CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2023CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2023CHEVRON USA INCSPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2023CHEVRON USA INCSPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2023CHEVRON USA INCSPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
Displaying 8 of 46 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spectacular Bid

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-291547SPECTACULAR BID 22 STATE UNIT 1HNov 2023CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291889SPECTACULAR BID 22 STATE UNIT 2HNov 2023CIMAREX ENERGY CO.
08-291889SPECTACULAR BID 22 STATE UNIT 2HNov 2023CIMAREX ENERGY CO.
08-291889SPECTACULAR BID 22 STATE UNIT 2HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291889SPECTACULAR BID 22 STATE UNIT 2HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291611SPECTACULAR BID 22 STATE UNIT 3HNov 2023CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291611SPECTACULAR BID 22 STATE UNIT 3HNov 2023CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HNov 2023CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291547SPECTACULAR BID 22 STATE UNIT 1HNov 2023PLAINS MARKETING, L.P.CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HNov 2023CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HNov 2023CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HNov 2023CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291612SPECTACULAR BID 22 STATE UNIT 5HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291889SPECTACULAR BID 22 STATE UNIT 2HNov 2023CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HNov 2023CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HNov 2023CIMAREX ENERGY CO.
08-292962SPECTACULAR BID 22 STATE UNIT 7HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291548SPECTACULAR BID 22 STATE UNIT 4HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291548SPECTACULAR BID 22 STATE UNIT 4HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291548SPECTACULAR BID 22 STATE UNIT 4HNov 2023CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291547SPECTACULAR BID 22 STATE UNIT 1HNov 2023CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.