Chance State 4

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Chance State 4

CountyReeves County, TX
Production DatesAug 2018 - Nov 2025
Total Oil Production293,730 BBLs
Total Gas Production1,157,337 MCF
Recent Oil Production1,432 BBLs in Nov 2025
Recent Gas Production0 MCF in Nov 2025
Wells on Property1

Our Valuation Estimates for Chance State 4

ShaleAssessment

Not Available

MarketMultiple

$88,652 **

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

Based on a decimal interest

Chance 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 Chance State 4
from Aug 2018 to Nov 2025

Wells on Chance State 4

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-37090CHANCE STATE 4 1HVital Energy, Inc.ProducingReeves County, TX31.246061-103.674322

Leases included in Chance State 4

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-285130CHANCE STATE 4 1HWPX ENERGY PERMIAN, LLCReeves County, TX
08-291851CHANCE STATE 4 1HVital Energy, Inc.Reeves County, TX
08-50767CHANCE STATE 4TALL CITY OPERATIONS III LLCReeves County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
B Hill 18Reeves County, TX943 BBLs8,836 MCFDec 2025
Bluto 8Reeves County, TX775 BBLs15,751 MCFNov 2025
Cherry BombReeves County, TX1,222 BBLs2,856 MCFDec 2025
Cherry HillReeves County, TX3,226 BBLs27,795 MCFDec 2025
Clorette Depasto 3-11 UnitReeves County, TX14,007 BBLs158,569 MCFNov 2025
Fawn Leibowitz 6-11 UnitReeves County, TX3,434 BBLs26,745 MCFNov 2025
Ghost State 4Reeves County, TX556 BBLs6,272 MCFNov 2025
Kesey Unit 10-7Reeves County, TX9,178 BBLs75,459 MCFDec 2025
Longoria 11Reeves County, TX4,555 BBLs45,132 MCFDec 2025
Mandy Pepperidge 6-3 UnitReeves County, TX2,765 BBLs16,850 MCFNov 2025
McGaryReeves County, TX15,088 BBLs113,263 MCFDec 2025
NavajoReeves County, TX307 BBLs9,325 MCFDec 2025
Oliver 13-24Reeves County, TX1,362 BBLs21,153 MCFNov 2025
Passmore-Johnson StateReeves County, TX3,356 BBLs35,233 MCFDec 2025
Pinto 2Reeves County, TX15,707 BBLs172,220 MCFNov 2025
S. Johnson 19Reeves County, TX2,693 BBLs34,529 MCFDec 2025
Tasha 17-20aReeves County, TX1,051 BBLs19,064 MCFNov 2025
Tea Time StateReeves County, TX2,871 BBLs16,728 MCFDec 2025
Vass Unit 13-14Reeves County, TX594 BBLs9,236 MCFDec 2025
Winkler-Howe State 34Reeves County, TX385 BBLs3,901 MCFDec 2025

Frac'ing activity on Chance State 4

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-37090Chance State 4-1H

Owners of Chance State 4

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025VITAL ENERGY INCCHANCE STATE 4 #1HVITAL ENERGY,
2025CKR LAND LLCCHANCE STATE 4 #1HVITAL ENERGY,
2025EXEMPT-STATE OF TEXASCHANCE STATE 4 #1HVITAL ENERGY,

Oil & Gas Sales on Chance State 4

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-291851CHANCE STATE 4 1HNov 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HOct 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HSep 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HAug 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HMay 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HApr 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HFeb 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJan 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJan 2025VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HDec 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HDec 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HNov 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HNov 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HOct 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HOct 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HSep 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HAug 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HAug 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJul 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJun 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJun 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HMay 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HMay 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HApr 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HApr 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.