Lovelace State Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Lovelace State Unit

County,
Production DatesSep 2018 - Feb 2025
Total Oil Production568,747 BBLs
Total Gas Production4,937,345 MCF
Recent Oil Production3,655 BBLs in Jan 2025
Recent Gas Production36,937 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for Lovelace State Unit

ShaleAssessment

Not Available

MarketMultiple

$633,024 **

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

Based on a decimal interest

Lovelace State Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Lovelace State Unit
from Sep 2018 to Feb 2025

Wells on Lovelace State Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in Lovelace State Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-286265LOVELACE STATE UNIT B912 11HAPACHE CORPORATIONReeves County, TX
08-288297LOVELACE STATE UNIT A912 31HAPACHE CORPORATIONReeves County, TX
08-288301LOVELACE STATE UNIT A912 10HAPACHE CORPORATIONReeves County, TX
08-50655LOVELACE STATE UNIT B912CARRIZO (PERMIAN) LLCReeves County, TX

Operators Associated With Lovelace State Unit

Nearby Properties

These are the closest 20 properties to the Lovelace State Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bobcat State Unit 1718Reeves County, TX1,123 BBLs11,205 MCFFeb 2025
Bush State Unit 1922Reeves County, TX10,879 BBLs119,658 MCFFeb 2025
Christian 2Reeves County, TX1,961 BBLs25,236 MCFFeb 2025
Davis 2728 UnitReeves County, TX4,675 BBLs32,377 MCFFeb 2025
East Tugboat 8-11Reeves County, TX29,499 BBLs368,746 MCFMar 2025
Fighten Kitties State 18Reeves County, TX3,044 BBLs36,937 MCFFeb 2025
Fowler State Unit 1720Reeves County, TX2,568 BBLs27,642 MCFFeb 2025
Grady State Unit 2730Reeves County, TX5,247 BBLs39,141 MCFFeb 2025
Griffin State Unit 1922Reeves County, TX3,955 BBLs32,892 MCFFeb 2025
Griffin-Bush State 1922 Alloc A 12HReeves County, TX2,359 BBLs25,717 MCFFeb 2025
KingReeves County, TX0 BBLs0 MCFDec 2024
LangfordReeves County, TX2,046 BBLs29,568 MCFFeb 2025
Margay State 18 UnitReeves County, TX7,122 BBLs92,188 MCFFeb 2025
McDermott State UnitReeves County, TX6,632 BBLs49,520 MCFFeb 2025
McGary State Unit 1011Reeves County, TX1,391 BBLs39,715 MCFFeb 2025
PetreyReeves County, TX0 BBLs0 MCFJul 2023
Trinity State Unit 1110 2Reeves County, TX3,729 BBLs64,824 MCFFeb 2025
Trinity-Lovelace State Alloc A 21HReeves County, TX1,754 BBLs21,388 MCFFeb 2025
Tugboat State 7-9Reeves County, TX39,617 BBLs683,019 MCFFeb 2025
West Tugboat State 8-11Reeves County, TX39,378 BBLs402,446 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Lovelace State Unit property.

Company Name

Owners of Lovelace State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CALLON (PERMIAN) LLCLOVELACE STATE UNIT B912 #11CALLON (PERMIA
2024CALLON (PERMIAN) LLCLOVELACE STATE UNIT A912 #31CALLON (PERMIA
2024EXEMPT-STATE OF TEXASLOVELACE STATE UNIT B912 #11CALLON (PERMIA
2024EXEMPT-STATE OF TEXASLOVELACE STATE UNIT A912 #31CALLON (PERMIA
2024WARD COUNTY IRRIGATION DIST #1LOVELACE STATE UNIT A912 #31CALLON (PERMIA
2024LOVELACE RESOURCES LLCLOVELACE STATE UNIT B912 #11CALLON (PERMIA
2024WARD COUNTY IRRIGATION DIST #1LOVELACE STATE UNIT B912 #11CALLON (PERMIA
2024LOVELACE RESOURCES LLCLOVELACE STATE UNIT A912 #31CALLON (PERMIA
Displaying 8 of 66 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Lovelace State Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-288297LOVELACE STATE UNIT A912 31HOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-286265LOVELACE STATE UNIT B912 11HOct 2024BP PRODUCTS NORTH AMERICA INC.APACHE CORPORATION
08-286265LOVELACE STATE UNIT B912 11HOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-286265LOVELACE STATE UNIT B912 11HOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-288297LOVELACE STATE UNIT A912 31HOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-288297LOVELACE STATE UNIT A912 31HOct 2024BP PRODUCTS NORTH AMERICA INC.APACHE CORPORATION
08-288297LOVELACE STATE UNIT A912 31HSep 2024BP PRODUCTS NORTH AMERICA INC.APACHE CORPORATION
08-286265LOVELACE STATE UNIT B912 11HSep 2024BP PRODUCTS NORTH AMERICA INC.APACHE CORPORATION
08-286265LOVELACE STATE UNIT B912 11HSep 2024APACHE CORPORATIONAPACHE CORPORATION
08-288297LOVELACE STATE UNIT A912 31HSep 2024APACHE CORPORATIONAPACHE CORPORATION
08-286265LOVELACE STATE UNIT B912 11HAug 2024APACHE CORPORATIONAPACHE CORPORATION
08-288297LOVELACE STATE UNIT A912 31HAug 2024BP PRODUCTS NORTH AMERICA INC.APACHE CORPORATION
08-288297LOVELACE STATE UNIT A912 31HAug 2024APACHE CORPORATIONAPACHE CORPORATION
08-286265LOVELACE STATE UNIT B912 11HAug 2024BP PRODUCTS NORTH AMERICA INC.APACHE CORPORATION
08-288297LOVELACE STATE UNIT A912 31HJul 2024CALLON PETROLEUM OPERATING COMPANY
08-286265LOVELACE STATE UNIT B912 11HJul 2024CALLON PETROLEUM OPERATING COMPANY
08-286265LOVELACE STATE UNIT B912 11HJul 2024BP PRODUCTS NORTH AMERICA INC.CALLON PETROLEUM OPERATING COMPANY
08-286265LOVELACE STATE UNIT B912 11HJul 2024CALLON PETROLEUM OPERATING COMPANYCALLON PETROLEUM OPERATING COMPANY
08-288297LOVELACE STATE UNIT A912 31HJul 2024BP PRODUCTS NORTH AMERICA INC.CALLON PETROLEUM OPERATING COMPANY
08-286265LOVELACE STATE UNIT B912 11HJun 2024CALLON PETROLEUM OPERATING COMPANYCALLON PETROLEUM OPERATING COMPANY
08-286265LOVELACE STATE UNIT B912 11HJun 2024CALLON PETROLEUM OPERATING COMPANY
08-286265LOVELACE STATE UNIT B912 11HJun 2024BP PRODUCTS NORTH AMERICA INC.CALLON PETROLEUM OPERATING COMPANY
08-288297LOVELACE STATE UNIT A912 31HJun 2024BP PRODUCTS NORTH AMERICA INC.CALLON PETROLEUM OPERATING COMPANY
08-288297LOVELACE STATE UNIT A912 31HJun 2024CALLON PETROLEUM OPERATING COMPANY
08-286265LOVELACE STATE UNIT B912 11HMay 2024CALLON PETROLEUM OPERATING COMPANYCALLON PETROLEUM OPERATING COMPANY