Salt Draw State 1 Unit

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Salt Draw State 1 Unit Oil & Gas Property

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Property Summary

Key data points for Salt Draw State 1 Unit

CountyReeves County, TX
OperatorARETE CREEK OPERATING, LLC
Production DatesJul 2023 - Aug 2025
Total Oil Production277,881 BBLs
Total Gas Production1,246,756 MCF
Recent Oil Production5,001 BBLs in Jul 2025
Recent Gas Production34,542 MCF in Jul 2025
Wells on Property3

Our Valuation Estimates for Salt Draw State 1 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$795,795 **

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

Based on a decimal interest

Salt Draw State 1 Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Salt Draw State 1 Unit
from Jul 2023 to Aug 2025

Wells on Salt Draw State 1 Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-40350SALT DRAW STATE 1 UNIT 1HARETE CREEK OPERATING, LLCProducingReeves County, TX31.305119-103.575711
42-389-40352SALT DRAW STATE 1 UNIT 2HARETE CREEK OPERATING, LLCProducingReeves County, TX31.305120-103.575807
42-389-40353SALT DRAW STATE 1 UNIT 3HARETE CREEK OPERATING, LLCProducingReeves County, TX31.305119-103.575903

Leases included in Salt Draw State 1 Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-299997SALT DRAW STATE 1 UNIT 1HARETE CREEK OPERATING, LLCReeves County, TX
08-299998SALT DRAW STATE 1 UNIT 2HARETE CREEK OPERATING, LLCReeves County, TX
08-299999SALT DRAW STATE 1 UNIT 3HARETE CREEK OPERATING, LLCReeves County, TX
08-60386SALT DRAW STATE 1 UNITARETE CREEK OPERATING, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Salt Draw State 1 Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Brosnan BentleyReeves County, TX11,600 BBLs43,870 MCFAug 2025
Count Fleet 11Reeves County, TX3,549 BBLs33,640 MCFJul 2025
Dale Evans 196Reeves County, TX6,349 BBLs25,746 MCFAug 2025
Delightful Dasher 11Reeves County, TX1,473 BBLs20,185 MCFJul 2025
Egan TuckerReeves County, TX7,696 BBLs22,507 MCFAug 2025
El Duderino Unit 5-25Reeves County, TX14,587 BBLs76,584 MCFAug 2025
Guy WinstonReeves County, TX10,159 BBLs55,246 MCFAug 2025
HSF StateReeves County, TX0 BBLs0 MCFAug 2025
Johnson StateReeves County, TX3 BBLs7 MCFAug 2025
Man O War 26 UnitReeves County, TX5,008 BBLs21,195 MCFAug 2025
Marshall DillonReeves County, TX1,079 BBLs4,226 MCFAug 2025
McNeilReeves County, TX0 BBLs0 MCFSep 2024
Omaha 11Reeves County, TX3,133 BBLs46,911 MCFJul 2025
Rocket Wrangler 11Reeves County, TX2,671 BBLs32,744 MCFJul 2025
Rose Dunn 14Reeves County, TX6,624 BBLs52,075 MCFAug 2025
Sheldon StateReeves County, TX0 BBLs0 MCFDec 2024
Teague-Owens UnitReeves County, TX1,095 BBLs1,722 MCFAug 2025
Tinian-Prewit 24-14 UnitReeves County, TX7,897 BBLs70,172 MCFAug 2025
Wiley Post State UnitReeves County, TX6,168 BBLs33,922 MCFJul 2025
Will Rogers State 4-3 Unit AReeves County, TX563 BBLs1,898 MCFAug 2025

Companies in the Area

These are the closest 20 companies operating near the Salt Draw State 1 Unit property.

Company Name
Apache Corporation
Arete Creek Operating, LLC
Atlantic Exploration, LLC
Atlantic Operating, Inc.
Centennial Resource Prod, LLC
Civitas Permian Operating, LLC
Colgate Operating, LLC
Comstock Oil & Gas, LP
Diamondback E&P LLC
Eagle Oil & Gas Co.
MDC Texas Operator LLC
Noble Energy Inc
Oxy USA WTP LP
Permian Resources Operating, LLC
Rosetta Resources Operating LP
Thompson, J. Cleo
U. S. Energy Development Corporation
Upcurve Energy, LLC
Vital Energy, Inc.
Williams, Clayton Energy, Inc.

Frac'ing activity on Salt Draw State 1 Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-403501H
42-389-403522H
42-389-403533H

Owners of Salt Draw State 1 Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025OXBOW PETROLEUM LLCSALT DRAW STATE 1 UNITOXBOW PETROLEU
2025EXEMPT-STATE OF TEXASSALT DRAW STATE 1 UNITOXBOW PETROLEU
2025REEVES COUNTY MINERALS LPSALT DRAW STATE 1 UNITOXBOW PETROLEU
2025JOHNSON WD TRUST ASALT DRAW STATE 1 UNITOXBOW PETROLEU
2025OWEN NANCY TRIBBLESALT DRAW STATE 1 UNITOXBOW PETROLEU

Oil & Gas Sales on Salt Draw State 1 Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-60386SALT DRAW STATE 1 UNITApr 2025PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITMar 2025PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITFeb 2025PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJan 2025PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITDec 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITNov 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITOct 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITSep 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITAug 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJul 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJun 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITMay 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITApr 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITMar 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITFeb 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJan 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITDec 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITNov 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITOct 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITSep 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITAug 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJul 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC