Red State

Oil & Gas Property in Reagan County, TX

  2. Texas
  3. Reagan County, TX
  4. Oil & Gas Properties in Reagan County, TX
  5. Red State Oil & Gas Property

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Property Summary

Key data points for Red State

CountyReagan County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesApr 2015 - Jun 2026
Total Oil Production101,829 BBLs
Total Gas Production446,603 MCF
Recent Oil Production597 BBLs in May 2026
Recent Gas Production2,180 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Red State

ShaleAssessment™

$20,650 *

MarketMultiple™

$68,453 **

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

Based on a decimal interest

Red State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Red State
from Apr 2015 to Jun 2026

Wells on Red State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-383-39231RED STATE 1DIAMONDBACK E&P LLCProducingReagan County, TX31.472034-101.593654
42-383-39251RED STATE 2DIAMONDBACK E&P LLCProducingReagan County, TX31.476448-101.590621

Leases included in Red State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7C-18983RED STATEDIAMONDBACK E&P LLCReagan County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
BennettReagan County, TX69 BBLs299 MCFJun 2026
BrutReagan County, TX1,781 BBLs33,375 MCFJun 2026
CarolineReagan County, TX8,010 BBLs85,729 MCFJun 2026
Douglas CaraReagan County, TX0 BBLs77 MCFJun 2026
Greenlee HeirsReagan County, TX92 BBLs997 MCFJun 2026
Greer EstateReagan County, TX2 BBLs897 MCFJun 2026
HabyReagan County, TX1,579 BBLs1,407 MCFJun 2026
Hicks L. HReagan County, TX0 BBLs0 MCFMar 2026
JeffsReagan County, TX1 BBLs189 MCFJun 2026
Kerr -4Reagan County, TX0 BBLs0 MCFJan 2025
MastersonReagan County, TX0 BBLs0 MCFApr 2026
MercuryReagan County, TX44,822 BBLs338,782 MCFJun 2026
Pauley-PettitReagan County, TX0 BBLs0 MCFJul 2019
PettitReagan County, TX248 BBLs540 MCFJun 2026
ReaganReagan County, TX7,176 BBLs13,016 MCFJun 2026
Sandy Koufax 5Reagan County, TX791 BBLs14,802 MCFJun 2026
Sau 9Reagan County, TX0 BBLs0 MCFOct 2023
StoutReagan County, TX0 BBLs0 MCFMar 2026
Trammell, MinnieReagan County, TX123 BBLs49 MCFJun 2026
WrightReagan County, TX0 BBLs0 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Red State property.

Company Name
Apache Corporation
Apache Energy Resources Corp.
BCP Resources, LLC
Civitas Permian Operating, LLC
ConocoPhillips Company
Cox, John L.
De Central Operating, LLC
De3 Operating LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Gruy Petroleum Management Co.
Hanley Petroleum Inc.
Henry Petroleum Corp.
Houston Oil & Minerals Corp.
Ksabe Energy Partners, LLC
Nadel And Gussman Permian,L.L.C.
Pioneer Natural Res. USA, Inc.
Pitts Energy Co.
Snyder Oil Corporation
Stephens, Autry C.

Owners of Red State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026DIAMONDBACK E&P LLC WIRED STATEDIAMONDBACK E&P LLC
2026MCCONNELL JOHN GAULTNEY ESTATERED STATEDIAMONDBACK E&P LLC
2026REYNA EXPLORATION LLCRED STATEDIAMONDBACK E&P LLC
2026TEXAS CO TITLE INCRED STATEDIAMONDBACK E&P LLC
2026PEDONE JULIERED STATEDIAMONDBACK E&P LLC
2026PRP MIDLAND BASIN LLCRED STATEDIAMONDBACK E&P LLC
2026ARROYO ENERGY FUND II LPRED STATEDIAMONDBACK E&P LLC
2026SMITH SANDRA GAILRED STATEDIAMONDBACK E&P LLC
Displaying 8 of 28 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Red State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7C-18983RED STATEJun 2026PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEJun 2026TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEMay 2026PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEMay 2026TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEApr 2026PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEApr 2026TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEMar 2026PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEMar 2026TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEFeb 2026PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEJan 2026PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEJan 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
7C-18983RED STATEJan 2026TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEDec 2025PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEDec 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
7C-18983RED STATEDec 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEOct 2025PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEOct 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
7C-18983RED STATEOct 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATESep 2025PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATESep 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEAug 2025PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEAug 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEJul 2025PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
7C-18983RED STATEJul 2025TARGA PIPELINE MID-CONTINENT WESTTEX LLCDIAMONDBACK E&P LLC
7C-18983RED STATEJun 2025PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC