Bergman State 38

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Bergman State 38

CountyReeves County, TX
Production DatesOct 2019 - Mar 2025
Total Oil Production814,390 BBLs
Total Gas Production10,293,497 MCF
Recent Oil Production13,412 BBLs in Mar 2025
Recent Gas Production339,380 MCF in Mar 2025
Wells on Property11

Our Valuation Estimates for Bergman State 38

ShaleAssessment

Not Available

MarketMultiple

$3,437,096 **

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

Based on a decimal interest

Bergman State 38 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bergman State 38
from Oct 2019 to Mar 2025

Wells on Bergman State 38

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-37730BERGMAN STATE 38 1HRIO OIL AND GAS (PERMIAN) II,LLCHorizontal Well Surface LocatioReeves County, TX31.782333-103.927629
42-389-37731BERGMAN STATE 38 2HEQV OPERATING LLCProducingReeves County, TX31.782145-103.932759
42-389-37732BERGMAN STATE 38 3HEQV OPERATING LLCProducingReeves County, TX31.782124-103.932874
42-389-37733BERGMAN STATE 38 4HRIO OIL AND GAS (PERMIAN) II,LLCHorizontal Well Surface LocatioReeves County, TX31.795286-103.937837
42-389-37734BERGMAN STATE 38 5HRIO OIL AND GAS (PERMIAN) II,LLCHorizontal Well Surface LocatioReeves County, TX31.795285-103.937965
42-389-37735BERGMAN STATE 38 6HRIO OIL AND GAS (PERMIAN) II,LLCHorizontal Well Surface LocatioReeves County, TX31.795286-103.941544
42-389-39694BERGMAN STATE 38 1HEQV OPERATING LLCProducingReeves County, TX31.782097-103.930737
42-389-39695BERGMAN STATE 38 4HEQV OPERATING LLCProducingReeves County, TX31.782084-103.930879
42-389-40336BERGMAN STATE 38 100HEQV OPERATING LLCProducingReeves County, TX31.782333-103.927629
42-389-40394BERGMAN STATE 38 102HEQV OPERATING LLCProducingReeves County, TX31.782612-103.938565
42-389-40395BERGMAN STATE 38 101HEQV OPERATING LLCProducingReeves County, TX31.783561-103.934939

Leases included in Bergman State 38

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-289048BERGMAN STATE 38 3HEQV OPERATING LLCReeves County, TX
08-289114BERGMAN STATE 38 2HEQV OPERATING LLCReeves County, TX
08-293068BERGMAN STATE 38 1HEQV OPERATING LLCReeves County, TX
08-293087BERGMAN STATE 38 4HEQV OPERATING LLCReeves County, TX
08-295532BERGMAN STATE 38 100HEQV OPERATING LLCReeves County, TX
08-295565BERGMAN STATE 38 102HEQV OPERATING LLCReeves County, TX
08-295662BERGMAN STATE 38 101HEQV OPERATING LLCReeves County, TX

Operators Associated With Bergman State 38

Nearby Properties

These are the closest 20 properties to the Bergman State 38 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Commander 57-2-35 1HReeves County, TX1,888 BBLs29,324 MCFApr 2025
Corningstone StateReeves County, TX29,603 BBLs106,435 MCFMay 2025
FortuneReeves County, TX232 BBLs0 MCFMar 2025
Golem 56Reeves County, TX2,543 BBLs13,145 MCFApr 2025
Gretchen Northrup 56-T2-42Reeves County, TX13,373 BBLs118,751 MCFApr 2025
RandolphReeves County, TX197 BBLs0 MCFMar 2025
Rio State 57-T2-34X27Reeves County, TX85,183 BBLs792,983 MCFApr 2025
Sabre DelawareReeves County, TX261 BBLs0 MCFApr 2025
Sand BendReeves County, TX0 BBLs0 MCFAug 2024
Silverton StateReeves County, TX37,359 BBLs454,886 MCFApr 2025
Sky Pilot 57-46Reeves County, TX36,780 BBLs524,678 MCFApr 2025
State Barlow 57-T2-47XReeves County, TX102,653 BBLs804,891 MCFApr 2025
State Caldwell 57-T2Reeves County, TX10,005 BBLs111,073 MCFApr 2025
State Goodspeed 57-T2-45X4 W10Reeves County, TX3,742 BBLs45,496 MCFApr 2025
State Projects 57-T2-47XReeves County, TX97,265 BBLs705,219 MCFApr 2025
State Roberta Regan 57-T2-36 1HReeves County, TX1,357 BBLs8,405 MCFApr 2025
TXL-WReeves County, TX159 BBLs0 MCFMar 2025
Valkyrie State 57-2-40 Unit 1Reeves County, TX13,161 BBLs101,696 MCFApr 2025
Winghead 56-2-43Reeves County, TX949 BBLs5,456 MCFApr 2025
Winghead State 57-2-48 UnitReeves County, TX11,596 BBLs69,458 MCFApr 2025

Frac'ing activity on Bergman State 38

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-37731Bergman State 38 2H WC A2
42-389-37732Bergman State 38 3H WC A2
42-389-39694Bergman State 38 1H
42-389-39695Bergman State 38 4H

Owners of Bergman State 38

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RIO OIL & GAS (PERMIAN) II LLCBERGMAN STATE 38 #4HRIO OIL AND GA
2024RIO OIL & GAS (PERMIAN) II LLCBERGMAN STATE 38 #1HRIO OIL AND GA
2024RIO OIL & GAS (PERMIAN) II LLCBERGMAN STATE 38 #2HRIO OIL AND GA
2024RIO OIL & GAS (PERMIAN) II LLCBERGMAN STATE 38 #3HRIO OIL AND GA
2024EXEMPT-STATE OF TEXASBERGMAN STATE 38 #4HRIO OIL AND GA
2024EXEMPT-STATE OF TEXASBERGMAN STATE 38 #1HRIO OIL AND GA
2024EXEMPT-STATE OF TEXASBERGMAN STATE 38 #2HRIO OIL AND GA
2024EXEMPT-STATE OF TEXASBERGMAN STATE 38 #3HRIO OIL AND GA
Displaying 8 of 66 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bergman State 38

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-295565BERGMAN STATE 38 102HMar 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-295662BERGMAN STATE 38 101HMar 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-289048BERGMAN STATE 38 3HMar 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-293068BERGMAN STATE 38 1HMar 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-293068BERGMAN STATE 38 1HMar 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-289114BERGMAN STATE 38 2HMar 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-289114BERGMAN STATE 38 2HMar 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-295532BERGMAN STATE 38 100HMar 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-295532BERGMAN STATE 38 100HMar 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-295565BERGMAN STATE 38 102HMar 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-293087BERGMAN STATE 38 4HMar 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-293087BERGMAN STATE 38 4HMar 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-295662BERGMAN STATE 38 101HMar 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-289048BERGMAN STATE 38 3HMar 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-295565BERGMAN STATE 38 102HFeb 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-295532BERGMAN STATE 38 100HFeb 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-293087BERGMAN STATE 38 4HFeb 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-293087BERGMAN STATE 38 4HFeb 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-289114BERGMAN STATE 38 2HFeb 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-289114BERGMAN STATE 38 2HFeb 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-295532BERGMAN STATE 38 100HFeb 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-289048BERGMAN STATE 38 3HFeb 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-295565BERGMAN STATE 38 102HFeb 2025TRAFIGURA TRADING LLCEQV OPERATING LLC
08-293068BERGMAN STATE 38 1HFeb 2025DELAWARE BASIN MIDSTREAM LLCEQV OPERATING LLC
08-293068BERGMAN STATE 38 1HFeb 2025TRAFIGURA TRADING LLCEQV OPERATING LLC