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 - Dec 2025
Total Oil Production292,717 BBLs
Total Gas Production1,353,760 MCF
Recent Oil Production3,425 BBLs in Nov 2025
Recent Gas Production23,242 MCF in Nov 2025
Wells on Property3

Our Valuation Estimates for Salt Draw State 1 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$566,459 **

* 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 Dec 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
Count Fleet 11Reeves County, TX2,499 BBLs21,708 MCFNov 2025
Dale Evans 196Reeves County, TX6,444 BBLs43,038 MCFDec 2025
Delightful Dasher 11Reeves County, TX1,429 BBLs18,970 MCFNov 2025
El Duderino Unit 5-25Reeves County, TX12,447 BBLs72,204 MCFDec 2025
Guy WinstonReeves County, TX8,098 BBLs57,497 MCFDec 2025
HSF StateReeves County, TX0 BBLs0 MCFAug 2025
Johnson StateReeves County, TX770 BBLs3,558 MCFDec 2025
Man O War 26 UnitReeves County, TX3,637 BBLs15,834 MCFDec 2025
Man O War 5-8 UnitReeves County, TX3,689 BBLs8,054 MCFDec 2025
Marshall DillonReeves County, TX0 BBLs0 MCFJan 2026
McNeilReeves County, TX0 BBLs0 MCFSep 2024
Omaha 11Reeves County, TX3,027 BBLs41,899 MCFNov 2025
Pearce 195-13Reeves County, TX299 BBLs101 MCFDec 2025
Quint Asper State UnitReeves County, TX0 BBLs0 MCFJan 2026
Rocket Wrangler 11Reeves County, TX2,468 BBLs26,531 MCFNov 2025
Sheldon StateReeves County, TX0 BBLs0 MCFDec 2024
Teague-Owens UnitReeves County, TX577 BBLs879 MCFDec 2025
Tinian-Prewit 24-14 UnitReeves County, TX6,889 BBLs64,565 MCFDec 2025
Wiley Post State UnitReeves County, TX32,723 BBLs132,780 MCFDec 2025
Will Rogers State 4-3 Unit AReeves County, TX191 BBLs517 MCFDec 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
08-299997SALT DRAW STATE 1 UNIT 1HDec 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 1HNov 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HNov 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HNov 2025ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HOct 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HOct 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HOct 2025ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HOct 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HSep 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HSep 2025PLAINS MARKETING, L.P.ARETE 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
08-299998SALT DRAW STATE 1 UNIT 2HAug 2025ARETE CREEK OPERATING, LLCARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HAug 2025ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HAug 2025ARETE CREEK OPERATING, LLCARETE CREEK OPERATING, LLC
08-60386SALT DRAW STATE 1 UNITAug 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HAug 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HAug 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HAug 2025ARETE CREEK OPERATING, LLCARETE CREEK OPERATING, LLC
08-299998SALT DRAW STATE 1 UNIT 2HJul 2025ARETE CREEK OPERATING, LLC
08-60386SALT DRAW STATE 1 UNITJul 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC
08-299999SALT DRAW STATE 1 UNIT 3HJul 2025ARETE CREEK OPERATING, LLC
08-299997SALT DRAW STATE 1 UNIT 1HJul 2025ARETE CREEK OPERATING, LLC
08-60386SALT DRAW STATE 1 UNITJun 2025PLAINS MARKETING, L.P.ARETE CREEK OPERATING, LLC