Salt Draw State 1 Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Salt Draw State 1 Unit

CountyReeves County, TX
OperatorARETE CREEK OPERATING, LLC
Production DatesJul 2023 - Jun 2025
Total Oil Production268,676 BBLs
Total Gas Production1,181,874 MCF
Recent Oil Production3,807 BBLs in May 2025
Recent Gas Production26,795 MCF in May 2025
Wells on Property3

Our Valuation Estimates for Salt Draw State 1 Unit

ShaleAssessment

Not Available

MarketMultiple

$873,976 **

* 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 Jun 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.
08-60386SALT 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, TX12,735 BBLs43,332 MCFJun 2025
Count Fleet 11Reeves County, TX3,892 BBLs32,355 MCFMay 2025
Dale Evans 196Reeves County, TX6,483 BBLs39,535 MCFJun 2025
Delightful Dasher 11Reeves County, TX1,633 BBLs20,291 MCFMay 2025
Egan TuckerReeves County, TX8,301 BBLs22,323 MCFJun 2025
El Duderino Unit 5-25Reeves County, TX15,969 BBLs79,859 MCFJun 2025
Guy WinstonReeves County, TX11,852 BBLs49,445 MCFJun 2025
HSF StateReeves County, TX0 BBLs0 MCFJun 2025
Johnson StateReeves County, TX768 BBLs1,259 MCFJun 2025
Man O War 26 UnitReeves County, TX6,323 BBLs23,825 MCFJun 2025
Man O War 5-8 UnitReeves County, TX2,487 BBLs4,442 MCFMay 2025
Marshall DillonReeves County, TX1,234 BBLs7,759 MCFJun 2025
McNeilReeves County, TX0 BBLs0 MCFSep 2024
Omaha 11Reeves County, TX3,395 BBLs47,450 MCFMay 2025
Rocket Wrangler 11Reeves County, TX2,123 BBLs20,335 MCFMay 2025
Sheldon StateReeves County, TX0 BBLs0 MCFDec 2024
Teague-Owens UnitReeves County, TX1,271 BBLs1,237 MCFJun 2025
Tinian-Prewit 24-14 UnitReeves County, TX10,521 BBLs77,469 MCFJun 2025
Wiley Post State UnitReeves County, TX70,034 BBLs183,570 MCFJun 2025
Will Rogers State 4-3 Unit AReeves County, TX30,925 BBLs73,298 MCFJun 2025

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