Jobe 70-1 State 1H

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Jobe 70-1 State 1H Oil & Gas Property

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Property Summary

Key data points for Jobe 70-1 State 1H

CountyReeves County, TX
OperatorCIMAREX ENERGY CO
Production DatesDec 2018 - Dec 2023
Total Oil Production131,608 BBLs
Total Gas Production2,006,156 MCF
Recent Oil Production299 BBLs in Dec 2023
Recent Gas Production4,845 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Jobe 70-1 State 1H

ShaleAssessment™

Not Available

MarketMultiple™

$165,479 **

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

Based on a decimal interest

Jobe 70-1 State 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Jobe 70-1 State 1H
from Dec 2018 to Dec 2023

Wells on Jobe 70-1 State 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-37517JOBE 70-1 STATE 1HCIMAREX ENERGY CO.ProducingReeves County, TX31.383797-103.791483

Leases included in Jobe 70-1 State 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-286816JOBE 70-1 STATE 1HCIMAREX ENERGY CO.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the Jobe 70-1 State 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
B Johnson State 33Reeves County, TX2,066 BBLs17,090 MCFJan 2024
Black Maple Hill State 12 1HReeves County, TX1,840 BBLs29,332 MCFJan 2024
Buffalo 55-5-39 1HReeves County, TX212 BBLs11,165 MCFJan 2024
Evan Williams 23-13W Unit 1HReeves County, TX850 BBLs14,413 MCFJan 2024
Founders Johnson StateReeves County, TX1,607 BBLs22,849 MCFJan 2024
GamblerReeves County, TX597 BBLs0 MCFJan 2024
Garrison Brothers State UnitReeves County, TX8,019 BBLs101,975 MCFJan 2024
HermosaReeves County, TX2,273 BBLs35,432 MCFJan 2024
Jett Rink State 58-23Reeves County, TX246 BBLs3,666 MCFJan 2024
Jobe StateReeves County, TX0 BBLs819 MCFJan 2024
Manhattan State UnitReeves County, TX25,485 BBLs758,727 MCFJan 2024
Maralo State 33Reeves County, TX1,958 BBLs38,172 MCFJan 2024
Michters State 21-26-32 Unit 1HReeves County, TX2,379 BBLs38,897 MCFJan 2024
New Jersey StateReeves County, TX2,506 BBLs63,050 MCFJan 2024
Rincon Unit 72 16-20Reeves County, TX120 BBLs23,005 MCFJan 2024
Shuffield 72-14Reeves County, TX0 BBLs55 MCFJan 2024
Sunset StateReeves County, TX2,363 BBLs39,324 MCFJan 2024
ToyahReeves County, TX442 BBLs24,160 MCFDec 2023
Trestles State Unit 55 41-44 1HReeves County, TX637 BBLs9,181 MCFJan 2024
York State 33 1HReeves County, TX1,015 BBLs24,896 MCFJan 2024

Companies in the Area

These are the closest 10 companies operating near the Jobe 70-1 State 1H property.

Company Name
Chesapeake Operating, Inc.
Elevation Resources LLC
EOG Resources Inc
Fed Operating LLC
Founders Oil & Gas Operating,LLC
Jetta Permian, LP
Permian Resources Operating, LLC
Upcurve Energy, LLC
Vital Energy, Inc.
Waterbridge Texas Operating LLC

Owners of Jobe 70-1 State 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CIMAREX ENERGY CO WIJOBE 70-1 STATE #1HCIMAREX ENERGY
2023EXEMPT-STATE OF TEXASJOBE 70-1 STATE #1HCIMAREX ENERGY
2023JOBE RANCH FAMILY PARTNERSHIPJOBE 70-1 STATE #1HCIMAREX ENERGY

Oil & Gas Sales on Jobe 70-1 State 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-286816JOBE 70-1 STATE 1HDec 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HNov 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HNov 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HNov 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HOct 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HOct 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HSep 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HSep 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HAug 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HAug 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJul 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJul 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJun 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJun 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMay 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMay 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HApr 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HApr 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMar 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMar 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HFeb 2023CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HFeb 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HFeb 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJan 2023CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJan 2023CIMAREX ENERGY CO.