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

County,
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesMay 2011 - Feb 2025
Total Oil Production1,079,566 BBLs
Total Gas Production2,407,379 MCF
Recent Oil Production7,110 BBLs in Jan 2025
Recent Gas Production13,693 MCF in Jan 2025
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment™

Not Available

MarketMultiple™

$1,070,799 **

* 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 Feb 2025

Wells on Majestic State

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

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

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alyx State 22Reeves County, TX134 BBLs37 MCFFeb 2025
Angler UnitReeves County, TX3,035 BBLs5,652 MCFFeb 2025
Apollo 2Reeves County, TX10,244 BBLs26,683 MCFFeb 2025
Astro State 51-7-22-15Reeves County, TX25,687 BBLs70,840 MCFFeb 2025
BlackstoneReeves County, TX6,786 BBLs14,226 MCFFeb 2025
Carter 26Reeves County, TX0 BBLs0 MCFFeb 2025
Chevron MineralsReeves County, TX3,031 BBLs1,800 MCFFeb 2025
CooperReeves County, TX358 BBLs220 MCFFeb 2025
Cooper 27-2Reeves County, TX11,967 BBLs23,830 MCFFeb 2025
Gigi State 12Reeves County, TX4,418 BBLs27,835 MCFFeb 2025
Globe 1Reeves County, TX347 BBLs516 MCFJan 2025
Gorilla 20Reeves County, TX1,033 BBLs1,524 MCFFeb 2025
HouserReeves County, TX12,370 BBLs23,853 MCFFeb 2025
Janey State 24Reeves County, TX3,942 BBLs11,850 MCFFeb 2025
Old VIc 1Reeves County, TX553 BBLs443 MCFJan 2025
OrpheumReeves County, TX3,938 BBLs6,143 MCFFeb 2025
Reeves TXL Fee T7-50Reeves County, TX30,398 BBLs148,349 MCFFeb 2025
Rialto 23Reeves County, TX356 BBLs0 MCFFeb 2025
Ryman 14Reeves County, TX7,471 BBLs7,764 MCFFeb 2025
South Williams 10-51Reeves County, TX436 BBLs517 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Majestic State property.

Company Name

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
08-58020MAJESTIC STATE 51-13-12 COct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-42439MAJESTIC STATE 12Oct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-42439MAJESTIC STATE 12Aug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP