Majestic State

Oil & Gas Property in Reeves County, TX

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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Majestic State

CountyReeves County, TX
Production DatesMay 2011 - Apr 2025
Total Oil Production1,103,335 BBLs
Total Gas Production2,465,145 MCF
Recent Oil Production2,233 BBLs in Mar 2025
Recent Gas Production5,749 MCF in Mar 2025
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment™

Not Available

MarketMultiple™

$842,230 **

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

Based on a decimal interest

Majestic State 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 Majestic State
from May 2011 to Apr 2025

Wells on Majestic State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-32724MAJESTIC STATE 12 1Permian Resources Operating, LLCProducingReeves County, TX31.282270-103.378972
42-389-32929MAJESTIC STATE 12 2Permian Resources Operating, LLCProducingReeves County, TX31.274980-103.374761
42-389-33219MAJESTIC STATE 12 3THOMPSON, J. CLEOPermitted LocationReeves County, TX31.274955-103.379604
42-389-33841MAJESTIC STATE 12 4HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.286388-103.374757
42-389-38921MAJESTIC STATE 51-13-12 A 83HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.257559-103.377351
42-389-38922MAJESTIC STATE 51-13-12 B 14HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.257559-103.377254
42-389-38924MAJESTIC STATE 51-13-12 C 85HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.257561-103.377159
42-389-39921MAJESTIC STATE 51-13-12 A 83HPermian Resources Operating, LLCProducingReeves County, TX31.257583-103.377371
42-389-39922MAJESTIC STATE 51-13-12 C 84HPermian Resources Operating, LLCProducingReeves County, TX31.257559-103.377254

Leases included in Majestic State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-42439MAJESTIC STATE 12Permian Resources Operating, LLCReeves County, TX
08-58019MAJESTIC STATE 51-13-12 APermian Resources Operating, LLCReeves County, TX
08-58020MAJESTIC STATE 51-13-12 CPermian Resources Operating, LLCReeves County, TX

Operators Associated With Majestic State

Nearby Properties

These are the closest 20 properties to the Majestic State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alyx State 22Reeves County, TX0 BBLs80 MCFMar 2025
Angler UnitReeves County, TX3,382 BBLs7,813 MCFMar 2025
Apollo 2Reeves County, TX11,291 BBLs51,009 MCFApr 2025
Astro State 51-7-22-15Reeves County, TX27,561 BBLs57,029 MCFApr 2025
BlackstoneReeves County, TX5,918 BBLs12,884 MCFApr 2025
Carter 26Reeves County, TX381 BBLs0 MCFMar 2025
Chevron MineralsReeves County, TX1,131 BBLs1,016 MCFApr 2025
CooperReeves County, TX431 BBLs676 MCFApr 2025
Cooper 27-2Reeves County, TX13,554 BBLs39,823 MCFApr 2025
Gigi State 12Reeves County, TX4,801 BBLs31,017 MCFApr 2025
Gorilla 20Reeves County, TX424 BBLs589 MCFApr 2025
GuthrieReeves County, TX179,111 BBLs241,983 MCFApr 2025
HouserReeves County, TX11,464 BBLs17,730 MCFApr 2025
Janey State 24Reeves County, TX6,978 BBLs27,961 MCFApr 2025
McCullough 35-38Reeves County, TX7,075 BBLs17,325 MCFApr 2025
OrpheumReeves County, TX5,416 BBLs10,964 MCFApr 2025
Reeves TXL Fee T7-50Reeves County, TX31,529 BBLs183,174 MCFApr 2025
Rialto 23Reeves County, TX1,274 BBLs0 MCFApr 2025
Ryman 14Reeves County, TX9,503 BBLs64,194 MCFApr 2025
South Williams 10-51Reeves County, TX1,218 BBLs1,720 MCFMar 2025

Companies in the Area

These are the closest 20 companies operating near the Majestic State property.

Company Name
Bluestone Natural Res. II, LLC
Browning Oil Company, Inc.
Centennial Resource Prod, LLC
Chevron USA Inc
Civitas Permian Operating, LLC
COG Operating LLC
Eagle Oil & Gas Co.
Exl Petroleum, LP
Forge Energy Operating, LLC
McDonnold Operating, Inc.
Noble Energy Inc
Oxy USA WTP LP
Par Minerals Corporation
Permian Resources Operating, LLC
Quicksilver Resources Inc
Rio Oil And Gas (Permian) II,LLC
Thompson, J. Cleo
U. S. Energy Development Corporation
Vital Energy, Inc.
Waterbridge Texas Operating LLC

Frac'ing activity on Majestic State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-39921MAJESTIC STATE 51-13-12 A 83H
42-389-39922MAJESTIC STATE 51-13-12 C 84H

Owners of Majestic State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OXY USA WTP LPMAJESTIC STATE 51-13-12 COXY USA WTP LP
2024OXY USA WTP LPMAJESTIC STATE 51-13-12 AOXY USA WTP LP
2024CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 COXY USA WTP LP
2024CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 AOXY USA WTP LP
2024EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 COXY USA WTP LP
2024EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 AOXY USA WTP LP
2024OK GRIFFITH TRUSTMAJESTIC STATE 51-13-12 COXY USA WTP LP
2024OXY USA WTP LPMAJESTIC STATE 51-13-12 COXY USA WTP LP
Displaying 8 of 31 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Majestic State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-42439MAJESTIC STATE 12Apr 2025RIO ENERGY INTERNATIONAL, INC.PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CApr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 AApr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 AMar 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CMar 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CMar 2025PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 AMar 2025PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 AFeb 2025PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 AFeb 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CFeb 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 AJan 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-42439MAJESTIC STATE 12Jan 2025RIO ENERGY INTERNATIONAL, INC.PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 AJan 2025PERMIAN RESOURCES OPERATING, LLC
08-42439MAJESTIC STATE 12Jan 2025PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CJan 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CJan 2025PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CDec 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58020MAJESTIC STATE 51-13-12 CDec 2024PERMIAN RESOURCES OPERATING, LLC
08-42439MAJESTIC STATE 12Dec 2024RIO ENERGY INTERNATIONAL, INC.PERMIAN RESOURCES OPERATING, LLC
08-42439MAJESTIC STATE 12Dec 2024PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 ADec 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 ADec 2024PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 ANov 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-58019MAJESTIC STATE 51-13-12 ANov 2024PERMIAN RESOURCES OPERATING, LLC
08-42439MAJESTIC STATE 12Nov 2024RIO ENERGY INTERNATIONAL, INC.PERMIAN RESOURCES OPERATING, LLC