Leigh State 40

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Leigh State 40 Oil & Gas Property

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Property Summary

Key data points for Leigh State 40

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesJul 2015 - Jun 2026
Total Oil Production360,538 BBLs
Total Gas Production453,766 MCF
Recent Oil Production433 BBLs in May 2026
Recent Gas Production1 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Leigh State 40

ShaleAssessment™

$46,907 *

MarketMultiple™

$47,119 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Leigh State 40
from Jul 2015 to Jun 2026

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, TX1,235 BBLs2,322 MCFJun 2026
Bear Claw State 29-28 UnitReeves County, TX7,712 BBLs33,552 MCFJun 2026
Chapman StateReeves County, TX6,215 BBLs22,183 MCFJun 2026
Chevron MineralsReeves County, TX801 BBLs21 MCFJun 2026
Collins StateReeves County, TX18,496 BBLs42,184 MCFJun 2026
Flogging Molly 44Reeves County, TX2,730 BBLs4,952 MCFJun 2026
FloydReeves County, TX0 BBLs0 MCFJun 2026
Graves StateReeves County, TX32,613 BBLs100,511 MCFJun 2026
J. W. McCulloughReeves County, TX703 BBLs707 MCFJun 2026
LydaReeves County, TX3,896 BBLs13,175 MCFJun 2026
McCullough 35-38Reeves County, TX4,120 BBLs7,422 MCFJun 2026
Orbit 51-7-21-16Reeves County, TX27,062 BBLs132,161 MCFJun 2026
Pink 42Reeves County, TX951 BBLs1,451 MCFJun 2026
Pink FloydReeves County, TX4,894 BBLs10,905 MCFJun 2026
RoadrunnerReeves County, TX13,250 BBLs29,543 MCFJun 2026
Terrill StateReeves County, TX31 BBLs0 MCFMay 2026
Walker State 28Reeves County, TX468 BBLs192 MCFJun 2026
WebsterReeves County, TX174,218 BBLs469,061 MCFJun 2026
Weinert State 34Reeves County, TX9,171 BBLs29,991 MCFJun 2026
Yow State 38Reeves County, TX930 BBLs890 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Leigh State 40 property.

Company Name
Apache Corporation
Atlantic Operating, Inc.
Browning Oil Company, Inc.
Callon Petroleum Operating Co
Centennial Resource Prod, LLC
Chesapeake Operating, Inc.
Chevron Midcontinent, L.P.
Chevron USA Inc
Exl Petroleum, LP
Greenlake Energy Operating, LLC
McDonnold Operating, Inc.
Noble Energy Inc
Oxy USA Inc
Oxy USA WTP LP
Par Minerals Corporation
Permian Resources Operating, LLC
Primexx Operating Corporation
Thompson, J. Cleo
U. S. Energy Development Corporation
Waterbridge Texas Operating LLC

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
2026EXEMPT-STATE OF TEXASLEIGH STATE 40 11HPERMIAN RESOUR
2026PERMIAN RESOURCES OPERATING LLCLEIGH STATE 40 11HPERMIAN RESOUR
2026WARNER JACKIE KINCAIDLEIGH STATE 40 11HPERMIAN RESOUR
2026VIPER ENERGY PARTNERS LPLEIGH STATE 40 11HPERMIAN RESOUR
2026SPRINGWOOD MINERALS 5 LPLEIGH STATE 40 11HPERMIAN RESOUR
2026KINCAID JOSEPHINE BLEIGH STATE 40 11HPERMIAN RESOUR
2026HOSEA MINERAL TRUSTLEIGH STATE 40 11HPERMIAN RESOUR
2026NORTHGATE ROYALTY FUND A 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 40Jun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jun 2026PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40May 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40May 2026PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Apr 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Apr 2026PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Apr 2026PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Mar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Mar 2026PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Feb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Feb 2026PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jan 2026PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Dec 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Nov 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Oct 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Oct 2025PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Sep 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Sep 2025PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Aug 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Aug 2025PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jul 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jul 2025PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jun 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-47162LEIGH STATE 40Jun 2025PERMIAN RESOURCES OPERATING, LLC