Majestic State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Majestic State

CountyReeves County, TX
Production DatesMay 2011 - Jan 2024
Total Oil Production983,924 BBLs
Total Gas Production2,151,990 MCF
Recent Oil Production11,092 BBLs in Dec 2023
Recent Gas Production25,938 MCF in Dec 2023
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment

Not Available

MarketMultiple

$2,244,728 **

* 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 Jan 2024

Wells on Majestic State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-32724MAJESTIC STATE 12 1OXY USA WTP LPProducingReeves County, TX31.282270-103.378972
42-389-32929MAJESTIC STATE 12 2OXY USA WTP LPProducingReeves 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 83HOXY USA WTP LPProducingReeves County, TX31.257583-103.377371
42-389-39922MAJESTIC STATE 51-13-12 C 84HOXY USA WTP LPProducingReeves County, TX31.257559-103.377254

Leases included in Majestic State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-42439MAJESTIC STATE 12OXY USA WTP LPReeves County, TX
08-58019MAJESTIC STATE 51-13-12 AOXY USA WTP LPReeves County, TX
08-58020MAJESTIC STATE 51-13-12 COXY USA WTP LPReeves 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, TX709 BBLs1,116 MCFJan 2024
Angler UnitReeves County, TX4,243 BBLs7,487 MCFJan 2024
Apollo 2Reeves County, TX14,082 BBLs59,072 MCFJan 2024
Astro State 51-7-22-15Reeves County, TX29,089 BBLs72,062 MCFJan 2024
BlackstoneReeves County, TX8,279 BBLs20,823 MCFJan 2024
Carter 26Reeves County, TX1,006 BBLs377 MCFJan 2024
Chevron MineralsReeves County, TX3,441 BBLs4,318 MCFJan 2024
CooperReeves County, TX707 BBLs814 MCFJan 2024
Cooper 27-2Reeves County, TX21,030 BBLs46,656 MCFJan 2024
Gigi State 12Reeves County, TX6,635 BBLs20,815 MCFJan 2024
Gorilla 20Reeves County, TX3,535 BBLs5,887 MCFJan 2024
Guthrie -6Reeves County, TX548 BBLs22 MCFJan 2024
HouserReeves County, TX13,421 BBLs27,447 MCFJan 2024
Janey State 24Reeves County, TX5,632 BBLs12,624 MCFJan 2024
Mariinsky State 8Reeves County, TX739 BBLs113 MCFJan 2024
Old VIc 1Reeves County, TX311 BBLs288 MCFJan 2024
OrpheumReeves County, TX4,944 BBLs12,851 MCFJan 2024
Reeves TXL Fee T7-50Reeves County, TX43,527 BBLs248,983 MCFJan 2024
Rialto 23Reeves County, TX410 BBLs0 MCFJan 2024
Ryman 14Reeves County, TX11,197 BBLs40,847 MCFJan 2024

Owners of Majestic State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023OXY USA WTP LPMAJESTIC STATE 51-13-12 COXY USA WTP LP
2023OXY USA WTP LPMAJESTIC STATE 51-13-12 AOXY USA WTP LP
2023CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 COXY USA WTP LP
2023CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 AOXY USA WTP LP
2023EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 COXY USA WTP LP
2023OXY USA WTP LPMAJESTIC STATE 12OXY USA WTP LP
2023EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 AOXY USA WTP LP
2023OK GRIFFITH TRUSTMAJESTIC 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
08-58019MAJESTIC STATE 51-13-12 ANov 2023ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ANov 2023VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ANov 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CNov 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ANov 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CNov 2023ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CNov 2023VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CNov 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-42439MAJESTIC STATE 12Oct 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AOct 2023ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AOct 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AOct 2023VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AOct 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 COct 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 COct 2023ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 COct 2023VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 COct 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2023ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2023VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-42439MAJESTIC STATE 12Sep 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2023VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2023OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP