Gas Property in Reeves County, TX
Key data points for Spruce State
| County | Reeves County, TX |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jan 2017 - Dec 2025 |
| Total Oil Production | 0 BBLs |
| Total Gas Production | 45,957,659 MCF |
| Recent Oil Production | 0 BBLs in Nov 2025 |
| Recent Gas Production | 110,551 MCF in Nov 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Spruce State
ShaleAssessment™
$40,388 *
MarketMultiple™
$815,697 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Spruce State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aspen State | Reeves County, TX | 204 BBLs | 55,556 MCF | Dec 2025 |
| Blackfoot State Unit | Reeves County, TX | 284 BBLs | 315,096 MCF | Dec 2025 |
| Bonsai State Unit 201ah | Reeves County, TX | 13 BBLs | 39,303 MCF | Dec 2025 |
| Caldwell | Reeves County, TX | 0 BBLs | 1,553 MCF | Dec 2025 |
| Caldwell | Reeves County, TX | 0 BBLs | 995 MCF | Dec 2025 |
| Cedar State Unit | Reeves County, TX | 0 BBLs | 33,082 MCF | Dec 2025 |
| Cherokee State | Reeves County, TX | 571 BBLs | 166,617 MCF | Dec 2025 |
| Cypress State | Reeves County, TX | 1,488 BBLs | 108,093 MCF | Dec 2025 |
| Dogwood State | Reeves County, TX | 1 BBLs | 68,577 MCF | Dec 2025 |
| Huckleberry | Reeves County, TX | 12 BBLs | 7,982 MCF | Dec 2025 |
| Mohican Unit | Reeves County, TX | 696 BBLs | 240,427 MCF | Dec 2025 |
| North Bonsai State Unit | Reeves County, TX | 489 BBLs | 276,599 MCF | Dec 2025 |
| Oak State Unit | Reeves County, TX | 0 BBLs | 54,257 MCF | Dec 2025 |
| Pelican Ranch | Reeves County, TX | 0 BBLs | 910 MCF | Dec 2025 |
| Pine State 10 | Reeves County, TX | 0 BBLs | 64,984 MCF | Dec 2025 |
| Redwood | Reeves County, TX | 0 BBLs | 93,422 MCF | Dec 2025 |
| Retama State Unit 101ah | Reeves County, TX | 0 BBLs | 15,453 MCF | Dec 2025 |
| Spruce State Unit | Reeves County, TX | 465 BBLs | 16,647 MCF | Dec 2025 |
| Texaco Inc. Ata 1 | Reeves County, TX | 0 BBLs | 220 MCF | Dec 2025 |
| Willow State Unit 10 | Reeves County, TX | 0 BBLs | 0 MCF | Oct 2025 |
These are the closest 10 companies operating near the Spruce State property.