Armstrong State 4

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Armstrong State 4

CountyReeves County, TX
OperatorBLUE ARROW OPERATING, LLC
Production DatesDec 2014 - Feb 2026
Total Oil Production280,628 BBLs
Total Gas Production435,865 MCF
Recent Oil Production496 BBLs in Jan 2026
Recent Gas Production2,549 MCF in Jan 2026
Wells on Property1

Our Valuation Estimates for Armstrong State 4

ShaleAssessment

$34,272 *

MarketMultiple

$83,925 **

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

Based on a decimal interest

Armstrong State 4 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Armstrong State 4
from Dec 2014 to Feb 2026

Wells on Armstrong State 4

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34439ARMSTRONG STATE 4 1HBlue Arrow Operating, LLCProducingReeves County, TX31.187155-103.233041

Leases included in Armstrong State 4

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-46543ARMSTRONG STATE 4Blue Arrow Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Armstrong State 4 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aardvark State 6Reeves County, TX624 BBLs2,261 MCFFeb 2026
African LionReeves County, TX21,955 BBLs39,963 MCFFeb 2026
Altura 1Reeves County, TX8,089 BBLs27,693 MCFFeb 2026
Baboon 5Reeves County, TX1,763 BBLs1,525 MCFFeb 2026
Bonobo 29Reeves County, TX1,009 BBLs1,516 MCFFeb 2026
ChaparralReeves County, TX177 BBLs52 MCFFeb 2026
Honey Badger 26Reeves County, TX315 BBLs436 MCFFeb 2026
Hyena 15Reeves County, TX753 BBLs644 MCFFeb 2026
Lemur 24Reeves County, TX1,348 BBLs2,684 MCFFeb 2026
Lemur Unit 24Reeves County, TX896 BBLs1,398 MCFFeb 2026
Panther 23Reeves County, TX319 BBLs48 MCFFeb 2026
Reedbuck 25Reeves County, TX0 BBLs2,926 MCFFeb 2026
Reedbuck State Unit 25Reeves County, TX10,837 BBLs40,861 MCFFeb 2026
State Armstrong 9-4Reeves County, TX8,032 BBLs13,229 MCFFeb 2026
State Lyssa 49-18-7Reeves County, TX19,269 BBLs33,585 MCFJan 2026
StewartPecos County, TX613 BBLs2,891 MCFFeb 2026
Tiger Unit 21Reeves County, TX20,456 BBLs30,121 MCFFeb 2026
Trinity StateReeves County, TX717 BBLs3,133 MCFFeb 2026
Viper 14NReeves County, TX21,179 BBLs46,868 MCFFeb 2026
Watchman 30-2Reeves County, TX27,931 BBLs49,765 MCFFeb 2026

Frac'ing activity on Armstrong State 4

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-34439Armstrong State 4 1H

Owners of Armstrong State 4

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCARMSTRONG STATE 4DIAMONDBACK E&
2025EXEMPT-STATE OF TEXASARMSTRONG STATE 4DIAMONDBACK E&
2025CAMELLIA LAND LLCARMSTRONG STATE 4DIAMONDBACK E&
2025ED ARMSTRONG RANCHES LPARMSTRONG STATE 4DIAMONDBACK E&

Oil & Gas Sales on Armstrong State 4

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-46543ARMSTRONG STATE 4Mar 2026UNITED ENERGY TRADING LLCBLUE ARROW OPERATING, LLC
08-46543ARMSTRONG STATE 4Feb 2026UNITED ENERGY TRADING LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Feb 2026DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Feb 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Feb 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Jan 2026UNITED ENERGY TRADING LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Jan 2026DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Jan 2026BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Jan 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Dec 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Dec 2025DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Dec 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Dec 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Nov 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Nov 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Nov 2025DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Nov 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Nov 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Oct 2025VITOL INC.DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Oct 2025DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Oct 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Oct 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Sep 2025VITOL INC.DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Sep 2025DIAMONDBACK E&P LLC
08-46543ARMSTRONG STATE 4Sep 2025BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC