Gas Property in Reeves County, TX
Key data points for Spruce State
| County | Reeves County, TX |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jan 2017 - Jan 2026 |
| Total Oil Production | 0 BBLs |
| Total Gas Production | 46,045,051 MCF |
| Recent Oil Production | 0 BBLs in Dec 2025 |
| Recent Gas Production | 124,604 MCF in Dec 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Spruce State
ShaleAssessment™
$40,079 *
MarketMultiple™
$815,535 **
* 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 | 314 BBLs | 63,806 MCF | Jan 2026 |
| Blackfoot State Unit | Reeves County, TX | 264 BBLs | 339,766 MCF | Jan 2026 |
| Bonsai State Unit 201ah | Reeves County, TX | 35 BBLs | 72,966 MCF | Jan 2026 |
| Caldwell | Reeves County, TX | 2 BBLs | 9,128 MCF | Jan 2026 |
| Caldwell | Reeves County, TX | 0 BBLs | 946 MCF | Dec 2025 |
| Cedar State Unit | Reeves County, TX | 0 BBLs | 33,498 MCF | Jan 2026 |
| Cherokee State | Reeves County, TX | 739 BBLs | 198,944 MCF | Jan 2026 |
| Cypress State | Reeves County, TX | 2,380 BBLs | 98,469 MCF | Jan 2026 |
| Dogwood State | Reeves County, TX | 0 BBLs | 63,048 MCF | Jan 2026 |
| Huckleberry | Reeves County, TX | 1 BBLs | 21,933 MCF | Jan 2026 |
| Mohican Unit | Reeves County, TX | 1,046 BBLs | 309,719 MCF | Jan 2026 |
| North Bonsai State Unit | Reeves County, TX | 404 BBLs | 389,660 MCF | Jan 2026 |
| Oak State Unit | Reeves County, TX | 0 BBLs | 48,702 MCF | Jan 2026 |
| Pelican Ranch | Reeves County, TX | 0 BBLs | 2,990 MCF | Jan 2026 |
| Pine State 10 | Reeves County, TX | 0 BBLs | 62,812 MCF | Jan 2026 |
| Redwood | Reeves County, TX | 0 BBLs | 83,663 MCF | Jan 2026 |
| Retama State Unit 101ah | Reeves County, TX | 46 BBLs | 37,141 MCF | Jan 2026 |
| Spruce State Unit | Reeves County, TX | 519 BBLs | 19,474 MCF | Jan 2026 |
| Texaco Inc. Ata 1 | Reeves County, TX | 0 BBLs | 2,117 MCF | Jan 2026 |
| 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.