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 - Sep 2025
Total Oil Production983,262 BBLs
Total Gas Production3,268,818 MCF
Recent Oil Production10,484 BBLs in Aug 2025
Recent Gas Production36,547 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for State Spearhead 1114

ShaleAssessment™

Not Available

MarketMultiple™

$1,535,501 **

* 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 Sep 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, TX11,815 BBLs21,059 MCFSep 2025
DunlapPecos County, TX0 BBLs803 MCFSep 2025
Gomez Gas Unit No. 8 1Pecos County, TX0 BBLs86,694 MCFSep 2025
Hannah-JohnnyPecos County, TX779 BBLs9,499 MCFAug 2025
Hole In The Rock 46-47Pecos County, TX33,689 BBLs74,833 MCFSep 2025
Iron Snake 1912Pecos County, TX3,049 BBLs2,384 MCFSep 2025
Jose-KatiePecos County, TX5,782 BBLs33,214 MCFAug 2025
May JohnPecos County, TX6 BBLs863 MCFAug 2025
McIntyre State 34-3Pecos County, TX11,577 BBLs17,606 MCFSep 2025
MendelPecos County, TX31 BBLs1,010 MCFSep 2025
Neal Lethco State 24-23 UnitPecos County, TX9,494 BBLs27,193 MCFSep 2025
Neal, JPecos County, TX0 BBLs1,296 MCFSep 2025
Old Ironside 0405Pecos County, TX441 BBLs626 MCFSep 2025
PalmerPecos County, TX0 BBLs1,177 MCFSep 2025
PecosPecos County, TX0 BBLs182 MCFSep 2025
Sabine 10S-2 UnitPecos County, TX2,418 BBLs2,432 MCFSep 2025
State Ambush 45-44Pecos County, TX12,973 BBLs23,731 MCFSep 2025
State Eot Whale Unit 30-26Pecos County, TX12,213 BBLs36,693 MCFSep 2025
State Slickrock 24-20 UnitPecos County, TX5,152 BBLs16,109 MCFSep 2025
TytexPecos County, TX49,284 BBLs68,438 MCFSep 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.
Titan Resources I, Inc.
Whiting Oil And Gas Corporation
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