State Tract

Oil & Gas Property in High Island Large Block Offshore, TX

Property Summary

Key data points for State Tract

County,
Production DatesJan 1993 - Feb 2025
Total Oil Production3,175,664 BBLs
Total Gas Production90,663,645 MCF
Recent Oil Production0 BBLs in Jan 2025
Recent Gas Production24,034 MCF in Jan 2025
Wells on Property43

Our Valuation Estimates for State Tract

ShaleAssessment

$252,572 *

MarketMultiple

$134,851 **

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

Based on a decimal interest

State Tract Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Tract
from Jan 1993 to Feb 2025

Wells on State Tract

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
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Leases included in State Tract

Lease #Lease NameOperatorCountyMonthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Gas Prod.
03-007905STATE TRACT 77-S 1BAUMAN, R. L.High Island Small Block Offshore, TX
03-059151STATE TRACT 22-L 2MITCHELL ENERGY CORPORATIONHigh Island Large Block Offshore, TX
03-062622STATE TRACT 22-L 1MITCHELL ENERGY OFFSHORE CORP.High Island Large Block Offshore, TX
03-062975STATE TRACT 23-L 1MITCHELL ENERGY CORPORATIONHigh Island Large Block Offshore, TX
03-079049STATE TRACT 77-S 1CHARLIE'S SERVICE CO., INC.High Island Small Block Offshore, TX
03-079050STATE TRACT 77-S 1CHARLIE'S SERVICE CO., INC.High Island Small Block Offshore, TX
03-091631STATE TRACT 22-L 1MITCHELL ENERGY CORPORATIONHigh Island Large Block Offshore, TX
03-092798STATE TRACT 87-S 1XPLOR ENERGY OPERATING CO.High Island Small Block Offshore, TX
03-134922STATE TRACT 32-L (NE/4) 1SNYDER OIL CORPORATIONHigh Island Large Block Offshore, TX
03-136415STATE TRACT 51-S 2STERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-136472STATE TRACT 60-S 1STERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-136473STATE TRACT 52-S 1-USTERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-136475STATE TRACT 52-S 1-USTERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-14046STATE TRACT 87-SXPLOR ENERGY OPERATING CO.High Island Small Block Offshore, TX
03-15715STATE TRACT 77-SCHARLIE'S SERVICE CO., INC.High Island Small Block Offshore, TX
03-186122STATE TRACT 77-S 1HELIS, WILLIAM G. CO., LLC, THEHigh Island Small Block Offshore, TX
03-187107STATE TRACT 25-L 1HUNT PETROLEUM (AEC), INC.High Island Large Block Offshore, TX
03-193901STATE TRACT 60-S 5LHIGH ISLAND GAS LLCHigh Island Small Block Offshore, TX
03-20881STATE TRACT 52-SHIGH ISLAND GAS LLCHigh Island Small Block Offshore, TX
03-20882STATE TRACT 59-SHIGH ISLAND GAS LLCHigh Island Small Block Offshore, TX
03-20937STATE TRACT 60-SSTERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-20948STATE TRACT 60-S NO. 4STERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-21000STATE TRACT 52-SSTERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-210125STATE TRACT 25-L 1HUNT PETROLEUM (AEC), INC.High Island Large Block Offshore, TX
03-21022STATE TRACT 52-SSTERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX
03-21031STATE TRACT 60-SHIGH ISLAND GAS LLCHigh Island Small Block Offshore, TX
03-21767STATE TRACT 59-SHIGH ISLAND GAS LLCHigh Island Small Block Offshore, TX
03-21768STATE TRACT 59-SHIGH ISLAND GAS LLCHigh Island Small Block Offshore, TX
03-230456STATE TRACT 24-L S/2 SW/4 1W&T OFFSHORE, INC.High Island Large Block Offshore, TX
03-231670STATE TRACT 24-L N/2 SW/4 2W&T OFFSHORE, INC.High Island Large Block Offshore, TX
03-24307STATE TRACT 77-SHIGH ISLAND GAS LLCHigh Island Small Block Offshore, TX
03-24320STATE TRACT 60-SSTERLING EXPL. & PROD. CO., LLCHigh Island Small Block Offshore, TX

Nearby Properties

These are the closest 2 properties to the State Tract property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
High IslandHigh Island Large Block Offshore, TX0 BBLs0 MCFJun 2016
State LeaseHigh Island Large Block Offshore, TX0 BBLs0 MCFJun 2016

Companies in the Area

These are the closest 0 companies operating near the State Tract property.

Company Name

Owners of State Tract

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024EXEMPT-STATE OF TEXASSTATE TRACT 24-L N/2 SW/4 #2W&T OFFSHORE,
2024W&T OFFSHORE LLCSTATE TRACT 24-L N/2 SW/4 #2W&T OFFSHORE,
2024EXEMPT-STATE OF TEXASSTATE TRACT 24-L S/2 SW/4 #1W&T OFFSHORE,
2024W&T OFFSHORE LLCSTATE TRACT 24-L S/2 SW/4 #1W&T OFFSHORE,
2024CORBIN FAMILY REV TRSTATE TRACT 24-L N/2 SW/4 #2W&T OFFSHORE,
2024ATKINS L M JRSTATE TRACT 24-L N/2 SW/4 #2W&T OFFSHORE,
2024DROPEK REV FAMILY TRSTATE TRACT 24-L N/2 SW/4 #2W&T OFFSHORE,
2024NEMETZ GEORGE & NANCY MGMT TRSTATE TRACT 24-L N/2 SW/4 #2W&T OFFSHORE,
Displaying 8 of 21 Owners   --   Full Ownership Data Available for Subscribers Only