State

Oil & Gas Property in Loving County, TX

Property Summary

Key data points for State

CountyLoving County, TX
Production DatesNov 2018 - Jul 2025
Total Oil Production1,867,479 BBLs
Total Gas Production4,179,422 MCF
Recent Oil Production21,190 BBLs in Jun 2025
Recent Gas Production55,400 MCF in Jun 2025
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment

Not Available

MarketMultiple

$1,892,715 **

* 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 Jul 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, TX44,410 BBLs78,803 MCFJul 2025
Bagwell Mary Et AlLoving County, TX0 BBLs0 MCFDec 2022
Bernard State C-27 2-5 Lov UnitLoving County, TX13,142 BBLs37,601 MCFJul 2025
Blacktip State A UnitLoving County, TX281 BBLs1,690 MCFJul 2025
BoydLoving County, TX10,892 BBLs20,816 MCFJul 2025
Calypso 29Loving County, TX28,143 BBLs82,445 MCFJul 2025
Camp 29-31 UnitLoving County, TX2,297 BBLs3,538 MCFJul 2025
ChristopherLoving County, TX0 BBLs0 MCFJul 2024
Conn 53-2-36 Lov UnitLoving County, TX2,349 BBLs4,856 MCFJul 2025
Galaxy 29-0-28-33Loving County, TX0 BBLs0 MCFJul 2025
Ginger 29Loving County, TX3,584 BBLs5,345 MCFJul 2025
Glacier 29-0-28-40Loving County, TX85,080 BBLs147,310 MCFJul 2025
HarrisonLoving County, TX3,097 BBLs4,726 MCFJul 2025
Hubbard StateLoving County, TX0 BBLs0 MCFOct 2024
Judge 3Loving County, TX12,214 BBLs58,465 MCFJul 2025
Medora 29 Lov Unit 0805Loving County, TX10,376 BBLs18,895 MCFJul 2025
Medora State 29 Lov Unit 0805Loving County, TX1,385 BBLs1,620 MCFJul 2025
State-Judge 48-3Loving County, TX54,277 BBLs96,835 MCFJul 2025
State-Judge 48-3 WSLoving County, TX24,251 BBLs52,384 MCFJul 2025
TXL-AiLoving County, TX287 BBLs0 MCFJul 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
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 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