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 - Aug 2025
Total Oil Production289,433 BBLs
Total Gas Production1,157,337 MCF
Recent Oil Production0 BBLs in Aug 2025
Recent Gas Production636 MCF in Aug 2025
Wells on Property1

Our Valuation Estimates for Chance State 4

ShaleAssessment

Not Available

MarketMultiple

$51,918 **

* 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 Aug 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 Gas 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, TX1,057 BBLs11,161 MCFSep 2025
Bluto 8Reeves County, TX1,012 BBLs21,726 MCFAug 2025
Cherry BombReeves County, TX1,530 BBLs10,642 MCFSep 2025
Cherry HillReeves County, TX5,410 BBLs48,143 MCFSep 2025
Clorette Depasto 3-11 UnitReeves County, TX18,240 BBLs177,312 MCFAug 2025
Fat Chance StateReeves County, TX69,618 BBLs137,340 MCFAug 2025
Fawn Leibowitz 6-11 UnitReeves County, TX3,368 BBLs35,668 MCFAug 2025
Ghost State 4Reeves County, TX545 BBLs6,275 MCFAug 2025
Kesey Unit 10-7Reeves County, TX6,588 BBLs63,940 MCFSep 2025
Longoria 11Reeves County, TX5,686 BBLs48,072 MCFSep 2025
Mandy Pepperidge 6-3 UnitReeves County, TX3,539 BBLs16,112 MCFAug 2025
McGaryReeves County, TX18,465 BBLs103,819 MCFSep 2025
NavajoReeves County, TX302 BBLs8,645 MCFSep 2025
Oliver 13-24Reeves County, TX115 BBLs4,417 MCFAug 2025
Passmore-Johnson StateReeves County, TX2,590 BBLs20,709 MCFSep 2025
Pinto 2Reeves County, TX19,506 BBLs180,466 MCFAug 2025
S. Johnson 19Reeves County, TX2,984 BBLs37,013 MCFSep 2025
Tasha 17-20aReeves County, TX1,294 BBLs26,565 MCFAug 2025
Tea Time StateReeves County, TX3,215 BBLs17,695 MCFSep 2025
Winkler-Howe State 34Reeves County, TX304 BBLs2,968 MCFSep 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 1HFeb 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJan 2025VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJan 2025RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HDec 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HDec 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HNov 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HNov 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HOct 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HOct 2024RIO ENERGY INTERNATIONAL, INC.VITAL 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 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HApr 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HMar 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HMar 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HFeb 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HFeb 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJan 2024VITAL ENERGY, INC.
08-291851CHANCE STATE 4 1HJan 2024RIO ENERGY INTERNATIONAL, INC.VITAL ENERGY, INC.