Leigh State 40

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Leigh State 40

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesJul 2015 - Oct 2025
Total Oil Production357,697 BBLs
Total Gas Production451,480 MCF
Recent Oil Production336 BBLs in Sep 2025
Recent Gas Production264 MCF in Sep 2025
Wells on Property1

Our Valuation Estimates for Leigh State 40

ShaleAssessment

$51,957 *

MarketMultiple

$40,352 **

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

Based on a decimal interest

Leigh State 40 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Leigh State 40
from Jul 2015 to Oct 2025

Wells on Leigh State 40

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34805LEIGH STATE 40 11HPermian Resources Operating, LLCProducingReeves County, TX31.213924-103.439325

Leases included in Leigh State 40

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-47162LEIGH STATE 40Permian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Leigh State 40 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Allen 39Reeves County, TX1,175 BBLs2,866 MCFOct 2025
Bear Claw State 29-28 UnitReeves County, TX7,262 BBLs28,262 MCFOct 2025
Chapman StateReeves County, TX4,236 BBLs13,116 MCFOct 2025
Chevron MineralsReeves County, TX1,221 BBLs586 MCFOct 2025
Collins StateReeves County, TX28,759 BBLs46,213 MCFOct 2025
Flogging Molly 44Reeves County, TX3,364 BBLs3,193 MCFOct 2025
FloydReeves County, TX0 BBLs0 MCFAug 2025
Graves StateReeves County, TX56,569 BBLs102,177 MCFOct 2025
J. W. McCulloughReeves County, TX1,039 BBLs1,011 MCFOct 2025
LydaReeves County, TX3,360 BBLs16,394 MCFOct 2025
McCullough 35-38Reeves County, TX4,180 BBLs5,987 MCFOct 2025
Orbit 51-7-21-16Reeves County, TX30,479 BBLs118,791 MCFOct 2025
Pink 42Reeves County, TX824 BBLs4,952 MCFOct 2025
Pink FloydReeves County, TX5,944 BBLs19,854 MCFOct 2025
RoadrunnerReeves County, TX11,449 BBLs20,652 MCFOct 2025
Terrill StateReeves County, TX0 BBLs0 MCFOct 2025
Walker State 28Reeves County, TX417 BBLs459 MCFOct 2025
WebsterReeves County, TX0 BBLs0 MCFAug 2025
Weinert State 34Reeves County, TX9,922 BBLs20,942 MCFOct 2025
Yow State 38Reeves County, TX1,048 BBLs1,036 MCFOct 2025

Frac'ing activity on Leigh State 40

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-34805LEIGH STATE 40 11H

Owners of Leigh State 40

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025EXEMPT-STATE OF TEXASLEIGH STATE 40 11HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCLEIGH STATE 40 11HPERMIAN RESOUR
2025WARNER JACKIE KINCAIDLEIGH STATE 40 11HPERMIAN RESOUR
2025SITIO PERMIAN LPLEIGH STATE 40 11HPERMIAN RESOUR
2025SPRINGWOOD MINERALS 5 LPLEIGH STATE 40 11HPERMIAN RESOUR
2025KINCAID JOSEPHINE BLEIGH STATE 40 11HPERMIAN RESOUR
2025HOSEA MINERAL TRUSTLEIGH STATE 40 11HPERMIAN RESOUR
2025WMS BROTHERS LLCLEIGH STATE 40 11HPERMIAN RESOUR
Displaying 8 of 44 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Leigh State 40

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-47162LEIGH STATE 40Apr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Mar 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Feb 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jan 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jan 2025PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Dec 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Dec 2024PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Nov 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Nov 2024PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Oct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Oct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Oct 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-47162LEIGH STATE 40Oct 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-47162LEIGH STATE 40Sep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Sep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Sep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-47162LEIGH STATE 40Sep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-47162LEIGH STATE 40Aug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Aug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Aug 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-47162LEIGH STATE 40Aug 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-47162LEIGH STATE 40Jul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Jun 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Jun 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-47162LEIGH STATE 40Jun 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP