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 - Sep 2025
Total Oil Production290,907 BBLs
Total Gas Production1,157,337 MCF
Recent Oil Production1,474 BBLs in Sep 2025
Recent Gas Production0 MCF in Sep 2025
Wells on Property1

Our Valuation Estimates for Chance State 4

ShaleAssessment

Not Available

MarketMultiple

$62,286 **

* 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 Sep 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, TX937 BBLs10,286 MCFOct 2025
Bluto 8Reeves County, TX957 BBLs15,022 MCFSep 2025
Cherry BombReeves County, TX1,078 BBLs4,588 MCFOct 2025
Cherry HillReeves County, TX4,859 BBLs43,341 MCFOct 2025
Clorette Depasto 3-11 UnitReeves County, TX15,453 BBLs152,727 MCFSep 2025
Fat Chance StateReeves County, TX33,374 BBLs74,187 MCFOct 2025
Fawn Leibowitz 6-11 UnitReeves County, TX3,877 BBLs29,115 MCFSep 2025
Ghost State 4Reeves County, TX507 BBLs6,276 MCFSep 2025
Kesey Unit 10-7Reeves County, TX10,345 BBLs58,495 MCFOct 2025
Longoria 11Reeves County, TX5,001 BBLs46,140 MCFOct 2025
Mandy Pepperidge 6-3 UnitReeves County, TX2,793 BBLs15,324 MCFSep 2025
McGaryReeves County, TX17,042 BBLs106,236 MCFOct 2025
NavajoReeves County, TX254 BBLs8,322 MCFOct 2025
Oliver 13-24Reeves County, TX505 BBLs20,732 MCFSep 2025
Passmore-Johnson StateReeves County, TX3,164 BBLs27,944 MCFOct 2025
Pinto 2Reeves County, TX19,800 BBLs197,384 MCFSep 2025
S. Johnson 19Reeves County, TX3,214 BBLs38,201 MCFOct 2025
Tasha 17-20aReeves County, TX1,198 BBLs23,619 MCFSep 2025
Tea Time StateReeves County, TX2,980 BBLs15,870 MCFOct 2025
Winkler-Howe State 34Reeves County, TX700 BBLs5,376 MCFOct 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,
2025EXEMPT-STATE OF TEXASCHANCE STATE 4 #1HVITAL ENERGY,
2025CKR LAND LLCCHANCE 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.