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 - Apr 2025
Total Oil Production170,388 BBLs
Total Gas Production1,298,915 MCF
Recent Oil Production768 BBLs in Mar 2025
Recent Gas Production7,956 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Spruce State Unit

ShaleAssessment

Not Available

MarketMultiple

$111,006 **

* 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 Apr 2025

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, TX363 BBLs93,476 MCFApr 2025
Blackfoot State UnitReeves County, TX1,233 BBLs1,035,498 MCFApr 2025
Bonsai State Unit 201ahReeves County, TX27 BBLs42,237 MCFMar 2025
CaldwellReeves County, TX0 BBLs1,747 MCFApr 2025
CaldwellReeves County, TX0 BBLs1,076 MCFApr 2025
Cedar State UnitReeves County, TX0 BBLs78,188 MCFApr 2025
Cherokee StateReeves County, TX591 BBLs205,863 MCFApr 2025
Cypress StateReeves County, TX2,450 BBLs204,122 MCFApr 2025
Dogwood StateReeves County, TX265 BBLs228,029 MCFApr 2025
HuckleberryReeves County, TX55 BBLs34,888 MCFApr 2025
Mohican UnitReeves County, TX807 BBLs477,360 MCFApr 2025
North Bonsai State UnitReeves County, TX69 BBLs460,660 MCFMar 2025
Oak State UnitReeves County, TX0 BBLs196,189 MCFApr 2025
Pelican RanchReeves County, TX0 BBLs943 MCFApr 2025
Pine State 10Reeves County, TX0 BBLs171,060 MCFApr 2025
RedwoodReeves County, TX0 BBLs288,641 MCFApr 2025
Retama State Unit 101ahReeves County, TX0 BBLs43,635 MCFApr 2025
Spruce StateReeves County, TX0 BBLs246,111 MCFApr 2025
Texaco Inc. Ata 1Reeves County, TX0 BBLs139 MCFApr 2025
Willow State Unit 10Reeves County, TX2 BBLs548,249 MCFApr 2025

Companies in the Area

These are the closest 10 companies operating near the Spruce State Unit property.

Company Name
Apache Corporation
Chesapeake Operating, Inc.
Extex Operating Company
Grace Petroleum Corp.
Maralo, Inc.
Oxy USA Inc
Permian Resources Operating, LLC
Pogo Producing Company
Rayden
Samson Lone Star, LLC

Frac'ing activity on Spruce State Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-38472Spruce State Unit 402BH

Owners of Spruce State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024APACHE CORPORATIONSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024EXEMPT-STATE OF TEXASSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024LOWE ROYALTY PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/SPRING GAP PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/ROCK HOUSE PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/PALO PINTO FAM HOLDINGS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/COMANCHE CO LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/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 402BHMar 2025SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMar 2025APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHFeb 2025SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHFeb 2025APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJan 2025SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJan 2025APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJan 2025APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHDec 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHDec 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHNov 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHNov 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHOct 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHSep 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHSep 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHAug 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHAug 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJul 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJul 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJun 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJun 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHApr 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION