State

Oil & Gas Property in Loving County, TX

Property Summary

Key data points for State

CountyLoving County, TX
Production DatesNov 2018 - Apr 2025
Total Oil Production1,803,068 BBLs
Total Gas Production4,022,107 MCF
Recent Oil Production23,912 BBLs in Mar 2025
Recent Gas Production47,434 MCF in Mar 2025
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment

Not Available

MarketMultiple

$1,260,930 **

* 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 Apr 2025

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, TX45,195 BBLs81,699 MCFApr 2025
Bagwell C27-1Loving County, TX577 BBLs1,459 MCFApr 2025
Bagwell Mary Et AlLoving County, TX0 BBLs0 MCFDec 2022
Bernard State C-27 2-5 Lov UnitLoving County, TX14,896 BBLs42,193 MCFApr 2025
Blacktip State A UnitLoving County, TX1,002 BBLs1,772 MCFApr 2025
BoydLoving County, TX10,796 BBLs20,857 MCFApr 2025
Calypso 29Loving County, TX32,001 BBLs99,878 MCFApr 2025
Camp 29-31 UnitLoving County, TX2,741 BBLs4,819 MCFApr 2025
ChristopherLoving County, TX0 BBLs0 MCFJul 2024
Conn 53-2-36 Lov UnitLoving County, TX5,336 BBLs11,106 MCFApr 2025
Ginger 29Loving County, TX4,420 BBLs6,683 MCFApr 2025
Glacier 29-0-28-40Loving County, TX131,305 BBLs203,205 MCFApr 2025
HarrisonLoving County, TX3,417 BBLs4,057 MCFApr 2025
Hubbard StateLoving County, TX0 BBLs0 MCFOct 2024
Judge 3Loving County, TX12,940 BBLs40,322 MCFApr 2025
Medora 29 Lov Unit 0805Loving County, TX19,857 BBLs46,245 MCFApr 2025
Medora State 29 Lov Unit 0805Loving County, TX1,193 BBLs183 MCFApr 2025
State-Judge 48-3Loving County, TX30,986 BBLs47,731 MCFApr 2025
State-Judge 48-3 WSLoving County, TX12,190 BBLs36,077 MCFApr 2025
TXL-AiLoving County, TX304 BBLs0 MCFApr 2025

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
2024CIRCLE-S ENERGY LLCSTATE 48CIRCLE-S ENERYG
2024CIRCLE-S ENERGY LLCSTATE 48CIRCLE-S ENERYG
2024WHITE ROCK ROYALTY PARTNERS #1STATE 48CIRCLE-S ENERYG
2024H AND S DRILLING COMPANYSTATE 48CIRCLE-S ENERYG
2024LEAN 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 48Apr 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Apr 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Mar 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Mar 2025CIRCLE-S ENERGY, LLC
08-50263STATE 48Mar 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-62313STATE 48Mar 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-62313STATE 48Mar 2025CIRCLE-S ENERGY, LLC
08-62313STATE 48Mar 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Feb 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Feb 2025CIRCLE-S ENERGY, LLC
08-50263STATE 48Feb 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Jan 2025CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Jan 2025PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Jan 2025CIRCLE-S ENERGY, LLC
08-50263STATE 48Dec 2024PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Dec 2024CIRCLE-S ENERGY, LLC
08-50263STATE 48Dec 2024CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Nov 2024PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Nov 2024CIRCLE-S ENERGY, LLC
08-50263STATE 48Nov 2024CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Oct 2024CIRCLE-S ENERGY, LLCCIRCLE-S ENERGY, LLC
08-50263STATE 48Oct 2024CIRCLE-S ENERGY, LLC
08-50263STATE 48Oct 2024PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Sep 2024PLAINS MARKETING, L.P.CIRCLE-S ENERGY, LLC
08-50263STATE 48Sep 2024CIRCLE-S ENERGY, LLC