Spruce State Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Spruce State Unit

CountyReeves County, TX
OperatorAPACHE CORPORATION
Production DatesOct 2019 - Jan 2024
Total Oil Production158,077 BBLs
Total Gas Production1,195,919 MCF
Recent Oil Production1,069 BBLs in Dec 2023
Recent Gas Production11,067 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Spruce State Unit

ShaleAssessment

Not Available

MarketMultiple

$197,770 **

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

Based on a decimal interest

Spruce State Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spruce State Unit
from Oct 2019 to Jan 2024

Wells on Spruce State Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-38234SPRUCE STATE UNIT 105AHAPACHE CORPORATIONHorizontal Well Surface LocatioReeves County, TX31.309934-103.962864
42-389-38472SPRUCE STATE UNIT 402BHAPACHE CORPORATIONProducingReeves County, TX31.304934-103.971709

Leases included in Spruce State Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-290185SPRUCE STATE UNIT 402BHAPACHE CORPORATIONReeves County, TX

Nearby Properties

These are the closest 20 properties to the Spruce State Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aspen StateReeves County, TX355 BBLs125,831 MCFJan 2024
Blackfoot State UnitReeves County, TX1,951 BBLs479,097 MCFJan 2024
Bonsai State Unit 201ahReeves County, TX141 BBLs90,283 MCFJan 2024
CaldwellReeves County, TX0 BBLs3,693 MCFJan 2024
CaldwellReeves County, TX0 BBLs1,001 MCFJan 2024
Cedar State UnitReeves County, TX0 BBLs151,507 MCFJan 2024
Cherokee StateReeves County, TX1,066 BBLs201,211 MCFJan 2024
Cypress StateReeves County, TX3,254 BBLs221,088 MCFJan 2024
Dogwood StateReeves County, TX281 BBLs360,222 MCFJan 2024
HuckleberryReeves County, TX248 BBLs63,290 MCFJan 2024
Mohican UnitReeves County, TX1,568 BBLs493,925 MCFJan 2024
North Bonsai State UnitReeves County, TX520 BBLs843,843 MCFJan 2024
Oak State UnitReeves County, TX0 BBLs256,397 MCFJan 2024
Pelican RanchReeves County, TX0 BBLs241 MCFJan 2024
Pine State 10Reeves County, TX0 BBLs228,551 MCFJan 2024
RedwoodReeves County, TX0 BBLs458,706 MCFJan 2024
Retama State Unit 101ahReeves County, TX0 BBLs45,491 MCFJan 2024
Spruce StateReeves County, TX0 BBLs294,412 MCFJan 2024
Texaco Inc. Ata 1Reeves County, TX0 BBLs450 MCFJan 2024
Willow State Unit 10Reeves County, TX0 BBLs513,383 MCFJan 2024

Owners of Spruce State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023APACHE CORPORATIONSPRUCE STATE UNIT #402BHAPACHE CORPORA
2023EXEMPT-STATE OF TEXASSPRUCE STATE UNIT #402BHAPACHE CORPORA
2023LOWE ROYALTY PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2023CMC/SPRING GAP PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2023CMC/ROCK HOUSE PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2023CMC/COMANCHE CO LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2023CMC/PALO PINTO FAM HOLDINGS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2023CMC/SC BECKHAM HOLDINGS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
Displaying 8 of 9 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spruce State Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-290185SPRUCE STATE UNIT 402BHNov 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHNov 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHNov 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHOct 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHOct 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHOct 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHSep 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHSep 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHSep 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHAug 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHAug 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHAug 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJul 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJul 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJul 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJun 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJun 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJun 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHApr 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHApr 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHApr 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMar 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION