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

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Property Summary

Key data points for Majestic State

CountyReeves County, TX
Production DatesMay 2011 - Oct 2025
Total Oil Production1,230,687 BBLs
Total Gas Production2,888,428 MCF
Recent Oil Production12,078 BBLs in Sep 2025
Recent Gas Production50,521 MCF in Sep 2025
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment™

Not Available

MarketMultiple™

$2,193,336 **

* 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
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to oil and gas production for Majestic State
from May 2011 to Oct 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, TX1,045 BBLs1,424 MCFOct 2025
Angler UnitReeves County, TX2,615 BBLs6,777 MCFOct 2025
Apollo 2Reeves County, TX10,510 BBLs35,516 MCFOct 2025
Astro State 51-7-22-15Reeves County, TX20,968 BBLs56,837 MCFOct 2025
BlackstoneReeves County, TX3,736 BBLs12,266 MCFOct 2025
Carter 26Reeves County, TX154 BBLs0 MCFOct 2025
Chevron MineralsReeves County, TX3,027 BBLs4,061 MCFOct 2025
CooperReeves County, TX535 BBLs352 MCFOct 2025
Cooper 27-2Reeves County, TX9,925 BBLs38,814 MCFOct 2025
Gigi State 12Reeves County, TX3,552 BBLs27,376 MCFOct 2025
Globe 1Reeves County, TX372 BBLs67 MCFOct 2025
Gorilla 20Reeves County, TX1,718 BBLs3,190 MCFOct 2025
GuthrieReeves County, TX106,306 BBLs179,152 MCFOct 2025
HouserReeves County, TX11,534 BBLs19,518 MCFOct 2025
Janey State 24Reeves County, TX4,023 BBLs9,868 MCFOct 2025
Old VIc 1Reeves County, TX325 BBLs13 MCFOct 2025
OrpheumReeves County, TX3,063 BBLs9,317 MCFOct 2025
Reeves TXL Fee T7-50Reeves County, TX36,965 BBLs213,472 MCFOct 2025
Rialto 23Reeves County, TX434 BBLs0 MCFOct 2025
Ryman 14Reeves County, TX5,540 BBLs15,277 MCFOct 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
Greenlake 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
2025PERMIAN RESOURCES OPERATING LLCMAJESTIC STATE 51-13-12 C 84PERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCMAJESTIC STATE 51-13-12 A 83PERMIAN RESOUR
2025CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 C 84PERMIAN RESOUR
2025CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 A 83PERMIAN RESOUR
2025EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 C 84PERMIAN RESOUR
2025EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 A 83PERMIAN RESOUR
2025OK GRIFFITH TRUSTMAJESTIC STATE 51-13-12 C 84PERMIAN RESOUR
2025PR ROYALTIESMAJESTIC STATE 51-13-12 C 84PERMIAN RESOUR
Displaying 8 of 28 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