State Elbert 7-8 Unit

Oil & Gas Property in Pecos County, TX

Property Summary

Key data points for State Elbert 7-8 Unit

CountyPecos County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesDec 2018 - Jan 2026
Total Oil Production1,539,585 BBLs
Total Gas Production5,119,296 MCF
Recent Oil Production5,861 BBLs in Dec 2025
Recent Gas Production39,675 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for State Elbert 7-8 Unit

ShaleAssessment

Not Available

MarketMultiple

$889,732 **

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

Based on a decimal interest

State Elbert 7-8 Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Elbert 7-8 Unit
from Dec 2018 to Jan 2026

Wells on State Elbert 7-8 Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-371-39779STATE ELBERT 7-8 UNIT 1WADIAMONDBACK E&P LLCProducingPecos County, TX31.036889-102.881675
42-371-40074STATE ELBERT 7-8 UNIT 2WADIAMONDBACK E&P LLCProducingPecos County, TX31.033631-102.881441
42-371-40075STATE ELBERT 7-8 UNIT 3WADIAMONDBACK E&P LLCProducingPecos County, TX31.033547-102.881441

Leases included in State Elbert 7-8 Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-51655STATE ELBERT 7-8 UNITDIAMONDBACK E&P LLCPecos County, TX

Nearby Properties

These are the closest 20 properties to the State Elbert 7-8 Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bennett J. RPecos County, TX122 BBLs75,497 MCFJan 2026
Derrick-Winfield Unit NoPecos County, TX0 BBLs18,505 MCFJan 2026
Elijah 2-6Pecos County, TX1,020 BBLs12,017 MCFJan 2026
Gilmore VPecos County, TX0 BBLs21,784 MCFJan 2026
Griffin Margaret T. 1Pecos County, TX0 BBLs15,794 MCFJan 2026
Huron 2-5 UnitPecos County, TX1,250 BBLs15,437 MCFJan 2026
P.B.M. Unit 2Pecos County, TX0 BBLs30,218 MCFJan 2026
San Luis 6-1 UnitPecos County, TX1,468 BBLs8,935 MCFJan 2026
Sherman 6-9 UnitPecos County, TX2,697 BBLs11,746 MCFJan 2026
Sibley StatePecos County, TX0 BBLs35,997 MCFJan 2026
South Gomez UnitPecos County, TX0 BBLs39,696 MCFJan 2026
State Lincoln 8-1 UnitPecos County, TX1,004 BBLs5,386 MCFJan 2026
State Longs 8-7 UnitPecos County, TX1,082 BBLs10,054 MCFJan 2026
State Neal Lethco 10-9Pecos County, TX16,356 BBLs92,380 MCFJan 2026
State ReedPecos County, TX4,134 BBLs133,433 MCFJan 2026
Stockton APecos County, TX273 BBLs0 MCFJan 2026
Turner Fred JrPecos County, TX0 BBLs15,650 MCFJan 2026
WC Tyrrell 5Pecos County, TX3,703 BBLs7,811 MCFJan 2026
Willbanks HenryPecos County, TX0 BBLs38,257 MCFJan 2026
Wilson 8-7 UnitPecos County, TX15,300 BBLs95,734 MCFJan 2026

Frac'ing activity on State Elbert 7-8 Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-371-39779STATE ELBERT 7-8 UNIT 1WA
42-371-40074STATE ELBERT 7 8 UNIT 2WA
42-371-40075STATE ELBERT 7 8 UNIT 3WA

Owners of State Elbert 7-8 Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLC (WI)STATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025EXEMPT STATESTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025GRIFFIN GEORGE GREGORY III MILSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025GRIFFIN GIGI RENE MILLEN TRUSTSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025GRIFFIN GRANT GERARD MILLEN TRSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025TEN MINERAL PROPERTIES LLCSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025WILLIAM MARSH RICE UNIVERSITYSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025METHODIST HOSP OF DALLASSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
Displaying 8 of 161 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Elbert 7-8 Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-51655STATE ELBERT 7-8 UNITDec 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITOct 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITOct 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITOct 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITOct 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITSep 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITSep 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITSep 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITSep 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITAug 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITAug 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITAug 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITAug 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJul 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJul 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJul 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJul 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJun 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJun 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJun 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJun 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC