Majestic State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Majestic State

CountyReeves County, TX
Production DatesMay 2011 - Jun 2025
Total Oil Production1,168,120 BBLs
Total Gas Production2,619,181 MCF
Recent Oil Production33,107 BBLs in May 2025
Recent Gas Production79,108 MCF in May 2025
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment

Not Available

MarketMultiple

$1,407,753 **

* 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 Jun 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, TX530 BBLs188 MCFJun 2025
Angler UnitReeves County, TX2,826 BBLs3,567 MCFJun 2025
Apollo 2Reeves County, TX10,095 BBLs49,625 MCFJun 2025
Astro State 51-7-22-15Reeves County, TX19,001 BBLs53,504 MCFJun 2025
BlackstoneReeves County, TX6,671 BBLs12,912 MCFJun 2025
Carter 26Reeves County, TX189 BBLs0 MCFJun 2025
Chevron MineralsReeves County, TX1,154 BBLs565 MCFJun 2025
CooperReeves County, TX1,102 BBLs594 MCFJun 2025
Cooper 27-2Reeves County, TX7,619 BBLs26,862 MCFJun 2025
Gigi State 12Reeves County, TX2,586 BBLs33,101 MCFJun 2025
Globe 1Reeves County, TX732 BBLs0 MCFJun 2025
Gorilla 20Reeves County, TX3,327 BBLs7,089 MCFJun 2025
GuthrieReeves County, TX198,506 BBLs282,082 MCFJun 2025
HouserReeves County, TX9,058 BBLs28,062 MCFJun 2025
Janey State 24Reeves County, TX3,961 BBLs19,466 MCFJun 2025
OrpheumReeves County, TX3,438 BBLs8,955 MCFJun 2025
Reeves TXL Fee T7-50Reeves County, TX35,033 BBLs215,987 MCFJun 2025
Rialto 23Reeves County, TX376 BBLs0 MCFJun 2025
Ryman 14Reeves County, TX7,254 BBLs17,793 MCFJun 2025
South Williams 10-51Reeves County, TX405 BBLs606 MCFJun 2025

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