State Spearhead 1114

Oil & Gas Property in Pecos County, TX

  2. Texas
  3. Pecos County, TX
  4. Oil & Gas Properties in Pecos County, TX
  5. State Spearhead 1114 Oil & Gas Property

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Property Summary

Key data points for State Spearhead 1114

CountyPecos County, TX
OperatorCONTANGO RESOURCES LLC
Production DatesJan 2020 - Jul 2025
Total Oil Production964,446 BBLs
Total Gas Production3,202,594 MCF
Recent Oil Production8,305 BBLs in Jun 2025
Recent Gas Production30,700 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for State Spearhead 1114

ShaleAssessment™

Not Available

MarketMultiple™

$1,601,240 **

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

Based on a decimal interest

State Spearhead 1114 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Spearhead 1114
from Jan 2020 to Jul 2025

Wells on State Spearhead 1114

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-371-40142STATE SPEARHEAD 1114 1HContango Resources, LLCProducingPecos County, TX31.054815-103.086591
42-371-40301STATE SPEARHEAD 1114 2HContango Resources, LLCProducingPecos County, TX31.054701-103.086606
42-371-40322STATE SPEARHEAD 1114 3HContango Resources, LLCProducingPecos County, TX31.054701-103.086800
42-371-40323STATE SPEARHEAD 1114 4HContango Resources, LLCProducingPecos County, TX31.054701-103.086704

Leases included in State Spearhead 1114

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-53629STATE SPEARHEAD 1114Contango Resources, LLCPecos County, TX

Nearby Properties

These are the closest 20 properties to the State Spearhead 1114 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Breakthrough State 1009Pecos County, TX6,110 BBLs14,947 MCFJul 2025
DunlapPecos County, TX0 BBLs675 MCFJul 2025
Gomez Gas Unit No. 8 1Pecos County, TX0 BBLs81,554 MCFJul 2025
Hannah-JohnnyPecos County, TX986 BBLs8,928 MCFJun 2025
Hole In The Rock 46-47Pecos County, TX36,644 BBLs77,557 MCFJul 2025
Iron Snake 1912Pecos County, TX1,823 BBLs191 MCFJul 2025
Jose-KatiePecos County, TX6,627 BBLs45,463 MCFJun 2025
May JohnPecos County, TX0 BBLs804 MCFJul 2025
McIntyre State 34-3Pecos County, TX9,859 BBLs19,150 MCFJul 2025
MendelPecos County, TX44 BBLs70 MCFJul 2025
Neal Lethco State 24-23 UnitPecos County, TX8,855 BBLs24,179 MCFJul 2025
Neal, JPecos County, TX0 BBLs1,226 MCFJul 2025
Old Ironside 0405Pecos County, TX1,587 BBLs2,041 MCFJul 2025
PalmerPecos County, TX0 BBLs1,327 MCFJul 2025
PecosPecos County, TX0 BBLs0 MCFJul 2025
Sabine 10S-2 UnitPecos County, TX3,321 BBLs3,647 MCFJul 2025
State Ambush 45-44Pecos County, TX12,139 BBLs36,193 MCFJul 2025
State Eot Whale Unit 30-26Pecos County, TX12,295 BBLs30,548 MCFJul 2025
State Slickrock 24-20 UnitPecos County, TX4,460 BBLs12,986 MCFJul 2025
TytexPecos County, TX50,432 BBLs58,536 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the State Spearhead 1114 property.

Company Name
Chaparral Energy, L.L.C.
Chevron Midcontinent, L.P.
Chevron USA Inc
Contango Resources LLC
Crownquest Operating, LLC
Diamondback E&P LLC
Energy Development Corporation
Exxon Corporation
Forest Oil Corporation
Halcon Operating Co., Inc.
MBX Operating LLC
Mineral Technologies, Inc.
Norwood, A. N., Inc.
Orr Production Company
Performance Operating Partners, LLC
Pure Resources, L.P.
Rosehill Operating Company, LLC
Titan Resources I, Inc.
WPX Energy Permian, LLC
XTO Energy Inc.

Frac'ing activity on State Spearhead 1114

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-371-40301State Spearhead 1114 2H
42-371-40322State Spearhead 1114 3H
42-371-40323State Spearhead 1114 4H

Owners of State Spearhead 1114

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CONTANGO RESOURCES INSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2025CHEVRON ADVANTAGE INCSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2025EXEMPT STATESTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2025MYRTLE MENDEL INCSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2025HAYTER RICHARD ASTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2025TEXAS PACIFIC LAND TRUSTSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2025BAILEY MARGARET ANN EDWARDSSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2025HOT ROD INVESTMENTS LPSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
Displaying 8 of 29 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Spearhead 1114

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-53629STATE SPEARHEAD 1114Apr 2025ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Mar 2025ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Mar 2025CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Mar 2025CONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Feb 2025ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Feb 2025CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Feb 2025CONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jan 2025ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jan 2025CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jan 2025CONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Dec 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Dec 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Dec 2024CONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Nov 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Nov 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Nov 2024CONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Oct 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Oct 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Oct 2024CONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Sep 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Sep 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Sep 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Aug 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Aug 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Aug 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC