State

Oil & Gas Property in Loving County, TX

Property Summary

Key data points for State

CountyLoving County, TX
Production DatesNov 2018 - Jan 2026
Total Oil Production1,971,048 BBLs
Total Gas Production4,451,972 MCF
Recent Oil Production18,986 BBLs in Dec 2025
Recent Gas Production55,964 MCF in Dec 2025
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment

Not Available

MarketMultiple

$2,380,534 **

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

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Nov 2018 to Jan 2026

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-301-30661STATE "29" 1WESTLAND OIL DEVELOPMENT CORP.Permitted LocationLoving County, TX31.761382-103.469422
42-301-33652STATE 48 10CIRCLE-S ENERGY, LLCInjectionLoving County, TX31.771038-103.500585
42-301-34013STATE 48 W6HNCIRCLE-S ENERGY, LLCProducingLoving County, TX31.766233-103.499613
42-301-34014STATE 48 W7HNCIRCLE-S ENERGY, LLCProducingLoving County, TX31.766083-103.499056
42-301-34015STATE 48 W8HNCIRCLE-S ENERGY, LLCProducingLoving County, TX31.766083-103.498972
42-301-34357STATE 48 W16HSCIRCLE-S ENERGY, LLCProducingLoving County, TX31.780204-103.499002
42-301-34358STATE 48 W17HSCIRCLE-S ENERGY, LLCProducingLoving County, TX31.780204-103.498918
42-301-36971STATE 48 B36HCIRCLE-S ENERGY, LLCProducingLoving County, TX31.765545-103.501044
42-301-36972STATE 48 B37HCIRCLE-S ENERGY, LLCProducingLoving County, TX31.765604-103.501083

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50263STATE 48CIRCLE-S ENERGY, LLCLoving County, TX
08-62313STATE 48CIRCLE-S ENERGY, LLCLoving County, TX

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Amethyst State 29-0-20-17Loving County, TX39,604 BBLs74,299 MCFJan 2026
Bagwell C27-1Loving County, TX1,074 BBLs1,744 MCFDec 2025
Bagwell Mary Et AlLoving County, TX0 BBLs0 MCFDec 2022
Bernard State C-27 2-5 Lov UnitLoving County, TX9,789 BBLs23,911 MCFJan 2026
Blacktip State A UnitLoving County, TX0 BBLs0 MCFOct 2025
BoydLoving County, TX13,611 BBLs34,194 MCFJan 2026
Calypso 29Loving County, TX22,855 BBLs71,236 MCFJan 2026
Camp 29-31 UnitLoving County, TX2,406 BBLs2,363 MCFJan 2026
Cascade State 29-0-29-41Loving County, TX0 BBLs0 MCFFeb 2026
ChristopherLoving County, TX0 BBLs0 MCFJul 2024
Conn 53-2-36 Lov UnitLoving County, TX3,353 BBLs7,081 MCFJan 2026
Galaxy 29-0-28-33Loving County, TX163,575 BBLs227,924 MCFJan 2026
Ginger 29Loving County, TX5 BBLs0 MCFDec 2025
Glacier 29-0-28-40Loving County, TX54,392 BBLs90,230 MCFJan 2026
JudgeLoving County, TX10,678 BBLs50,033 MCFJan 2026
Medora 29 Lov Unit 0805Loving County, TX19,918 BBLs41,073 MCFJan 2026
Medora State 29 Lov Unit 0805Loving County, TX823 BBLs1,368 MCFJan 2026
State-Judge 48-3Loving County, TX36,498 BBLs78,930 MCFJan 2026
State-Judge 48-3 WSLoving County, TX31,425 BBLs89,300 MCFJan 2026
TXL-AiLoving County, TX338 BBLs0 MCFJan 2026

Frac'ing activity on State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-301-34013State 48 W6HN
42-301-34014State 48 W7HN
42-301-34015State 48 W8HN
42-301-34357STATE 48 W 16HS
42-301-34358STATE 48 W 17HS
42-301-36971State 48 B36H
42-301-36972State 48 B37H

Owners of State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CIRCLE-S ENERGY LLCSTATE 48CIRCLE-S ENERYG
2025CIRCLE-S ENERGY LLCSTATE 48CIRCLE-S ENERYG
2025WHITE ROCK ROYALTY PARTNERS #1STATE 48CIRCLE-S ENERYG
2025H AND S DRILLING COMPANYSTATE 48CIRCLE-S ENERYG
2025LEAN DOG LIMITED PARTNERSHIP 1STATE 48CIRCLE-S ENERYG

Oil & Gas Sales on State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-62313STATE 48Dec 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Dec 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Nov 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Nov 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Nov 2025CIRCLE-S ENERGY, LLC
08-62313STATE 48Nov 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-62313STATE 48Nov 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-62313STATE 48Nov 2025CIRCLE-S ENERGY, LLC
08-50263STATE 48Oct 2025CIRCLE-S ENERGY, LLC
08-50263STATE 48Oct 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-62313STATE 48Oct 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-62313STATE 48Oct 2025CIRCLE-S ENERGY, LLC
08-62313STATE 48Oct 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Oct 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Sep 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Sep 2025CIRCLE-S ENERGY, LLC
08-50263STATE 48Sep 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-62313STATE 48Sep 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-62313STATE 48Sep 2025CIRCLE-S ENERGY, LLC
08-62313STATE 48Sep 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Aug 2025CIRCLE-S ENERGY, LLC
08-50263STATE 48Aug 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-62313STATE 48Aug 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-62313STATE 48Aug 2025CIRCLE-S ENERGY, LLC
08-62313STATE 48Aug 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC