State Elbert 7-8 Unit

Oil & Gas Property in Pecos County, TX

  2. Texas
  3. Pecos County, TX
  4. Oil & Gas Properties in Pecos County, TX
  5. State Elbert 7-8 Unit Oil & Gas Property

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Property Summary

Key data points for State Elbert 7-8 Unit

CountyPecos County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesDec 2018 - Jun 2025
Total Oil Production1,498,684 BBLs
Total Gas Production4,815,520 MCF
Recent Oil Production7,399 BBLs in May 2025
Recent Gas Production42,782 MCF in May 2025
Wells on Property3

Our Valuation Estimates for State Elbert 7-8 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,068,243 **

* 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 Jun 2025

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, TX145 BBLs43,856 MCFJun 2025
Derrick-Winfield Unit NoPecos County, TX0 BBLs19,155 MCFJun 2025
Elijah 2-6Pecos County, TX1,363 BBLs13,564 MCFJun 2025
Gilmore VPecos County, TX0 BBLs17,039 MCFJun 2025
Griffin Margaret T. 1Pecos County, TX0 BBLs14,592 MCFJun 2025
Huron 2-5 UnitPecos County, TX1,265 BBLs19,931 MCFJun 2025
P. B. M. UnitPecos County, TX0 BBLs20,617 MCFJun 2025
San Luis 6-1 UnitPecos County, TX1,361 BBLs7,124 MCFJun 2025
Sherman 6-9 UnitPecos County, TX2,085 BBLs6,867 MCFJun 2025
Sibley StatePecos County, TX0 BBLs15,653 MCFJun 2025
South Gomez UnitPecos County, TX0 BBLs32,618 MCFJun 2025
State Lincoln 8-1 UnitPecos County, TX1,071 BBLs3,685 MCFJun 2025
State Longs 8-7 UnitPecos County, TX1,196 BBLs7,794 MCFJun 2025
State Neal Lethco 10-9Pecos County, TX16,380 BBLs86,723 MCFJun 2025
State ReedPecos County, TX3,227 BBLs110,872 MCFJun 2025
Stockton APecos County, TX200 BBLs0 MCFJun 2025
Turner Fred JrPecos County, TX0 BBLs14,892 MCFJun 2025
WC Tyrrell 5Pecos County, TX1,543 BBLs1,277 MCFJun 2025
Willbanks HenryPecos County, TX0 BBLs19,354 MCFJun 2025
Wilson 8-7 UnitPecos County, TX14,118 BBLs85,779 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the State Elbert 7-8 Unit property.

Company Name
Bass Enterprises Production Co
Chevron Midcontinent, L.P.
Chevron USA Inc
Chisos Operating, Inc.
Diamondback E&P LLC
Double Barrel Oil LLC
Enserch Exploration Inc
Exxon Corporation
Exxon Mobil Corporation
MBX Operating LLC
Mongoose Energy, LLC
Phillips Petroleum Company
Primal Energy Corporation
Pure Resources, L.P.
Rein Pusher Operating LLC
Stablerock Energy L.L.C.
Tandem Energy Corporation
Union Oil Co Of California
Xhorizons Energy LLC
XTO Energy Inc.

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

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 GIGI RENE MILLEN TRUSTSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025GRIFFIN GRANT GERARD MILLEN TRSTATE ELBERT 7-8 UNITDIAMONDBACK E&P LLC
2025GRIFFIN GEORGE GREGORY III MILSTATE 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 UNITApr 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITMar 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITMar 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITMar 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITMar 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITFeb 2025BUCKHEAD MIDSTREAM, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITFeb 2025RIO ENERGY INTERNATIONAL, INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITFeb 2025MID-CON CARRIERS CORP.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITFeb 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITFeb 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITFeb 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITFeb 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJan 2025VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJan 2025DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJan 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITJan 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITDec 2024VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITDec 2024DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITDec 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITDec 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2024VITOL INC.DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2024DIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITNov 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51655STATE ELBERT 7-8 UNITOct 2024VITOL INC.DIAMONDBACK E&P LLC