State Reed

Oil & Gas Property in Pecos County, TX

Property Summary

Key data points for State Reed

CountyPecos County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesDec 2018 - Jan 2024
Total Oil Production1,086,620 BBLs
Total Gas Production14,951,258 MCF
Recent Oil Production5,199 BBLs in Dec 2023
Recent Gas Production165,466 MCF in Dec 2023
Wells on Property7

Our Valuation Estimates for State Reed

ShaleAssessment

Not Available

MarketMultiple

$1,287,199 **

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

Based on a decimal interest

State Reed Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Reed
from Dec 2018 to Jan 2024

Wells on State Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-371-39628STATE REED A 11-12 1WADIAMONDBACK E&P LLCProducingPecos County, TX31.069218-102.926888
42-371-39632STATE REED B 11-12 2WADIAMONDBACK E&P LLCProducingPecos County, TX31.069218-102.926791
42-371-39865STATE REED C 11-12 3WADIAMONDBACK E&P LLCProducingPecos County, TX31.074198-102.927835
42-371-39866STATE REED D 11-12 4WADIAMONDBACK E&P LLCProducingPecos County, TX31.074198-102.927739
42-371-39903STATE REED E 11-12 5WADIAMONDBACK E&P LLCProducingPecos County, TX31.079673-102.927254
42-371-39904STATE REED F 11-12 6WADIAMONDBACK E&P LLCProducingPecos County, TX31.079673-102.927352
42-371-40071STATE REED G 11-12 5BSDIAMONDBACK E&P LLCHorizontal Well Surface LocatioPecos County, TX31.079652-102.927140

Leases included in State Reed

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-51722STATE REED B 11-12DIAMONDBACK E&P LLCPecos County, TX
08-51880STATE REED A 11-12DIAMONDBACK E&P LLCPecos County, TX
08-53312STATE REED C 11-12DIAMONDBACK E&P LLCPecos County, TX
08-53471STATE REED D 11-12DIAMONDBACK E&P LLCPecos County, TX
08-55158STATE REED F 11-12DIAMONDBACK E&P LLCPecos County, TX
08-55163STATE REED E 11-12DIAMONDBACK E&P LLCPecos County, TX

Nearby Properties

These are the closest 20 properties to the State Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Gilmore VPecos County, TX0 BBLs13,336 MCFJan 2024
Laughlin AnnaPecos County, TX0 BBLs201 MCFJan 2024
NealPecos County, TX22 BBLs0 MCFDec 2023
Neal LethcoPecos County, TX42,640 BBLs192,014 MCFJan 2024
Neal RoxiePecos County, TX45 BBLs5,604 MCFJan 2024
P. B. M. UnitPecos County, TX0 BBLs22,218 MCFJan 2024
Raymal Eagle 1Pecos County, TX0 BBLs18,869 MCFJan 2024
ReedPecos County, TX107 BBLs2,465 MCFJan 2024
Reed E.OPecos County, TX252 BBLs739 MCFJan 2024
Reed,ElizabethPecos County, TX219 BBLs0 MCFJan 2024
Roxie State 6Pecos County, TX1,809 BBLs759 MCFJan 2024
State Elbert 7-8 UnitPecos County, TX8,942 BBLs52,246 MCFJan 2024
State Neal LetPecos County, TX126,674 BBLs300,407 MCFJan 2024
State Neal Lethco 10-9Pecos County, TX20,046 BBLs105,458 MCFJan 2024
Stockton APecos County, TX303 BBLs0 MCFJan 2024
Tyrrell W. CPecos County, TX152 BBLs117,364 MCFJan 2024
W. C. Tyrrell UnitPecos County, TX0 BBLs1,518 MCFJan 2024
WC Tyrrell 5Pecos County, TX4,471 BBLs5,924 MCFJan 2024
Willbanks HenryPecos County, TX0 BBLs34,171 MCFJan 2024
Wilson 8-7 UnitPecos County, TX21,712 BBLs110,822 MCFJan 2024

Owners of State Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023DIAMONDBACK E&P LLC (WI)STATE REED A 11-12DIAMONDBACK E&P LLC
2023DIAMONDBACK E&P LLC (WI)STATE REED F 11-12DIAMONDBACK E&P LLC
2023DIAMONDBACK E&P LLC (WI)STATE REED C 11-12DIAMONDBACK E&P LLC
2023DIAMONDBACK E&P LLC (WI)STATE REED B 11-12DIAMONDBACK E&P LLC
2023DIAMONDBACK E&P LLC (WI)STATE REED D 11-12DIAMONDBACK E&P LLC
2023DIAMONDBACK E&P LLC (WI)STATE REED E 11-12DIAMONDBACK E&P LLC
2023EXEMPT STATESTATE REED F 11-12DIAMONDBACK E&P LLC
2023EXEMPT STATESTATE REED A 11-12DIAMONDBACK E&P LLC
Displaying 8 of 54 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Reed

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-51722STATE REED B 11-12Nov 2023DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55158STATE REED F 11-12Nov 2023DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55158STATE REED F 11-12Nov 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-55158STATE REED F 11-12Nov 2023DIAMONDBACK E&P LLC
08-55158STATE REED F 11-12Nov 2023VITOL INC.DIAMONDBACK E&P LLC
08-51722STATE REED B 11-12Nov 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-51722STATE REED B 11-12Nov 2023VITOL INC.DIAMONDBACK E&P LLC
08-53471STATE REED D 11-12Nov 2023VITOL INC.DIAMONDBACK E&P LLC
08-53471STATE REED D 11-12Nov 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-53471STATE REED D 11-12Nov 2023DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-53471STATE REED D 11-12Nov 2023DIAMONDBACK E&P LLC
08-53312STATE REED C 11-12Nov 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-55163STATE REED E 11-12Nov 2023VITOL INC.DIAMONDBACK E&P LLC
08-51722STATE REED B 11-12Nov 2023DIAMONDBACK E&P LLC
08-53312STATE REED C 11-12Nov 2023DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-53312STATE REED C 11-12Nov 2023DIAMONDBACK E&P LLC
08-53312STATE REED C 11-12Nov 2023VITOL INC.DIAMONDBACK E&P LLC
08-55163STATE REED E 11-12Nov 2023DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55163STATE REED E 11-12Nov 2023DIAMONDBACK E&P LLC
08-55163STATE REED E 11-12Nov 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-53312STATE REED C 11-12Oct 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-53312STATE REED C 11-12Oct 2023DIAMONDBACK E&P LLC
08-53312STATE REED C 11-12Oct 2023DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-55163STATE REED E 11-12Oct 2023DIAMONDBACK E&P LLC
08-55163STATE REED E 11-12Oct 2023VITOL INC.DIAMONDBACK E&P LLC