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 - May 2025
Total Oil Production289,257 BBLs
Total Gas Production1,156,701 MCF
Recent Oil Production961 BBLs in May 2025
Recent Gas Production1 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Chance State 4

ShaleAssessment

Not Available

MarketMultiple

$122,213 **

* 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 May 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.Monthly 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, TX1,090 BBLs11,782 MCFJun 2025
Bluto 8Reeves County, TX1,172 BBLs17,016 MCFMay 2025
Cherry BombReeves County, TX1,829 BBLs7,735 MCFJun 2025
Cherry HillReeves County, TX5,788 BBLs49,329 MCFJun 2025
Clorette Depasto 3-11 UnitReeves County, TX19,961 BBLs209,904 MCFMay 2025
Fawn Leibowitz 6-11 UnitReeves County, TX4,254 BBLs32,221 MCFMay 2025
Ghost State 4Reeves County, TX668 BBLs5,772 MCFMay 2025
Kesey Unit 10-7Reeves County, TX12,492 BBLs88,226 MCFJun 2025
Longoria 11Reeves County, TX5,537 BBLs56,334 MCFJun 2025
Mandy Pepperidge 6-3 UnitReeves County, TX3,342 BBLs18,224 MCFMay 2025
McGaryReeves County, TX27,599 BBLs114,094 MCFJun 2025
NavajoReeves County, TX350 BBLs8,838 MCFJun 2025
Oliver 13-24Reeves County, TX0 BBLs0 MCFNov 2024
Passmore-Johnson StateReeves County, TX2,001 BBLs21,246 MCFJun 2025
Pinto 2Reeves County, TX42,555 BBLs286,637 MCFMay 2025
S. Johnson 19Reeves County, TX2,605 BBLs29,610 MCFJun 2025
Sunshine State 44Reeves County, TX588 BBLs21,943 MCFJun 2025
Tasha 17-20aReeves County, TX701 BBLs11,151 MCFMay 2025
Tea Time StateReeves County, TX4,065 BBLs17,618 MCFJun 2025
Vass Unit 13-14Reeves County, TX1,079 BBLs1,794 MCFJun 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.