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 - Jun 2025
Total Oil Production171,706 BBLs
Total Gas Production1,313,143 MCF
Recent Oil Production573 BBLs in May 2025
Recent Gas Production7,035 MCF in May 2025
Wells on Property2

Our Valuation Estimates for Spruce State Unit

ShaleAssessment

Not Available

MarketMultiple

$122,820 **

* 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 Jun 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, TX332 BBLs122,387 MCFJun 2025
Blackfoot State UnitReeves County, TX1,846 BBLs917,953 MCFJun 2025
CaldwellReeves County, TX0 BBLs1,153 MCFJun 2025
CaldwellReeves County, TX0 BBLs959 MCFMay 2025
Cedar State UnitReeves County, TX0 BBLs79,084 MCFJun 2025
Cherokee StateReeves County, TX296 BBLs192,504 MCFJun 2025
Cypress StateReeves County, TX2,049 BBLs251,881 MCFJun 2025
Dogwood StateReeves County, TX188 BBLs338,610 MCFJun 2025
HuckleberryReeves County, TX44 BBLs32,149 MCFJun 2025
Mohican UnitReeves County, TX394 BBLs453,742 MCFJun 2025
Mont BlancReeves County, TX1,337 BBLs734,484 MCFJun 2025
North Bonsai State UnitReeves County, TX0 BBLs0 MCFJun 2025
Oak State UnitReeves County, TX0 BBLs291,225 MCFJun 2025
Pelican RanchReeves County, TX0 BBLs332 MCFJun 2025
Pine State 10Reeves County, TX0 BBLs207,940 MCFJun 2025
RedwoodReeves County, TX0 BBLs466,670 MCFJun 2025
Retama State Unit 101ahReeves County, TX0 BBLs40,193 MCFJun 2025
Spruce StateReeves County, TX0 BBLs226,446 MCFJun 2025
Texaco Inc. Ata 1Reeves County, TX0 BBLs121 MCFJun 2025
Willow State Unit 10Reeves County, TX0 BBLs528,783 MCFJun 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
2025APACHE CORPORATIONSPRUCE STATE UNIT #402BHAPACHE CORPORA
2025EXEMPT-STATE OF TEXASSPRUCE STATE UNIT #402BHAPACHE CORPORA
2025LOWE ROYALTY PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2025CMC/SPRING GAP PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2025CMC/ROCK HOUSE PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2025CMC/COMANCHE CO LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2025CMC/PALO PINTO FAM HOLDINGS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2025CMC/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