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 - Feb 2026
Total Oil Production298,242 BBLs
Total Gas Production1,388,305 MCF
Recent Oil Production2,551 BBLs in Jan 2026
Recent Gas Production16,696 MCF in Jan 2026
Wells on Property3

Our Valuation Estimates for Salt Draw State 1 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$557,205 **

* 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 Feb 2026

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
Count Fleet 11Reeves County, TX2,682 BBLs30,147 MCFJan 2026
Dale Evans 196Reeves County, TX3,003 BBLs3,490 MCFFeb 2026
Delightful Dasher 11Reeves County, TX1,200 BBLs13,969 MCFJan 2026
Egan TuckerReeves County, TX5,852 BBLs19,044 MCFFeb 2026
El Duderino Unit 5-25Reeves County, TX11,047 BBLs60,993 MCFFeb 2026
Guy WinstonReeves County, TX7,644 BBLs57,150 MCFFeb 2026
HSF StateReeves County, TX0 BBLs0 MCFAug 2025
Johnson StateReeves County, TX663 BBLs2,947 MCFFeb 2026
Man O War 26 UnitReeves County, TX1,469 BBLs2,497 MCFFeb 2026
Man O War 5-8 UnitReeves County, TX912 BBLs2,620 MCFFeb 2026
Marshall DillonReeves County, TX3,917 BBLs6,225 MCFMar 2026
McNeilReeves County, TX0 BBLs0 MCFSep 2024
Omaha 11Reeves County, TX2,905 BBLs40,646 MCFJan 2026
Quint Asper State UnitReeves County, TX10,467 BBLs15,711 MCFMar 2026
Rocket Wrangler 11Reeves County, TX1,545 BBLs13,792 MCFJan 2026
Sheldon StateReeves County, TX0 BBLs0 MCFDec 2024
Teague-Owens UnitReeves County, TX995 BBLs740 MCFFeb 2026
Tinian-Prewit 24-14 UnitReeves County, TX6,695 BBLs24,884 MCFFeb 2026
Wiley Post State UnitReeves County, TX25,974 BBLs102,189 MCFFeb 2026
Will Rogers State 4-3 Unit AReeves County, TX68 BBLs0 MCFFeb 2026

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
Crescent Energy Operating, LLC
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
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
08-299997SALT DRAW STATE 1 UNIT 1HMar 2026PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HFeb 2026ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HFeb 2026ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HFeb 2026PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HFeb 2026ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HJan 2026ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HJan 2026ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HJan 2026PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HDec 2025ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HDec 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HDec 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HNov 2025ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HNov 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HNov 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HNov 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HOct 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HOct 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HOct 2025ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HOct 2025ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HSep 2025ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HSep 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HSep 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HSep 2025ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HAug 2025ARETE CREEK OPERATING, LLCARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HAug 2025ARETE CREEK OPERATING, LLC