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 - Sep 2025
Total Oil Production1,516,829 BBLs
Total Gas Production4,950,846 MCF
Recent Oil Production6,086 BBLs in Aug 2025
Recent Gas Production48,654 MCF in Aug 2025
Wells on Property3

Our Valuation Estimates for State Elbert 7-8 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,011,754 **

* 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 Sep 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, TX126 BBLs87,765 MCFSep 2025
Derrick-Winfield Unit NoPecos County, TX0 BBLs18,665 MCFSep 2025
Elijah 2-6Pecos County, TX1,190 BBLs13,315 MCFSep 2025
Gilmore VPecos County, TX0 BBLs22,929 MCFSep 2025
Griffin Margaret T. 1Pecos County, TX0 BBLs18,380 MCFSep 2025
Huron 2-5 UnitPecos County, TX1,188 BBLs16,393 MCFSep 2025
P.B.M. Unit 2Pecos County, TX0 BBLs4,039 MCFSep 2025
Redcloud 3-5 UnitPecos County, TX72 BBLs4,601 MCFSep 2025
San Luis 6-1 UnitPecos County, TX1,860 BBLs12,524 MCFSep 2025
Sherman 6-9 UnitPecos County, TX2,890 BBLs11,186 MCFSep 2025
Sibley StatePecos County, TX0 BBLs38,581 MCFSep 2025
South Gomez UnitPecos County, TX0 BBLs46,964 MCFSep 2025
State Lincoln 8-1 UnitPecos County, TX981 BBLs5,442 MCFSep 2025
State Longs 8-7 UnitPecos County, TX1,271 BBLs17,987 MCFSep 2025
State Neal Lethco 10-9Pecos County, TX14,051 BBLs70,087 MCFSep 2025
Stockton APecos County, TX189 BBLs0 MCFSep 2025
Turner Fred JrPecos County, TX0 BBLs16,811 MCFSep 2025
WC Tyrrell 5Pecos County, TX4,241 BBLs6,316 MCFSep 2025
Willbanks HenryPecos County, TX0 BBLs29,879 MCFSep 2025
Wilson 8-7 UnitPecos County, TX10,209 BBLs54,182 MCFSep 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
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 GRANT GERARD MILLEN TRSTATE 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
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