Gas Property in Reeves County, TX
Key data points for Spruce State
| County | Reeves County, TX |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jan 2017 - Jan 2024 |
| Total Oil Production | 0 BBLs |
| Total Gas Production | 41,245,791 MCF |
| Recent Oil Production | 0 BBLs in Dec 2023 |
| Recent Gas Production | 294,412 MCF in Dec 2023 |
| Wells on Property | 6 |
Our Valuation Estimates for Spruce State
ShaleAssessment™
$63,120 *
MarketMultiple™
$853,706 **
* 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 | 355 BBLs | 125,831 MCF | Jan 2024 |
| Blackfoot State Unit | Reeves County, TX | 1,951 BBLs | 479,097 MCF | Jan 2024 |
| Bonsai State Unit 201ah | Reeves County, TX | 141 BBLs | 90,283 MCF | Jan 2024 |
| Caldwell | Reeves County, TX | 0 BBLs | 3,693 MCF | Jan 2024 |
| Caldwell | Reeves County, TX | 0 BBLs | 1,001 MCF | Jan 2024 |
| Cedar State Unit | Reeves County, TX | 0 BBLs | 151,507 MCF | Jan 2024 |
| Cherokee State | Reeves County, TX | 1,066 BBLs | 201,211 MCF | Jan 2024 |
| Cypress State | Reeves County, TX | 3,254 BBLs | 221,088 MCF | Jan 2024 |
| Dogwood State | Reeves County, TX | 281 BBLs | 360,222 MCF | Jan 2024 |
| Huckleberry | Reeves County, TX | 248 BBLs | 63,290 MCF | Jan 2024 |
| Mohican Unit | Reeves County, TX | 1,568 BBLs | 493,925 MCF | Jan 2024 |
| North Bonsai State Unit | Reeves County, TX | 520 BBLs | 843,843 MCF | Jan 2024 |
| Oak State Unit | Reeves County, TX | 0 BBLs | 256,397 MCF | Jan 2024 |
| Pelican Ranch | Reeves County, TX | 0 BBLs | 241 MCF | Jan 2024 |
| Pine State 10 | Reeves County, TX | 0 BBLs | 228,551 MCF | Jan 2024 |
| Redwood | Reeves County, TX | 0 BBLs | 458,706 MCF | Jan 2024 |
| Retama State Unit 101ah | Reeves County, TX | 0 BBLs | 45,491 MCF | Jan 2024 |
| Spruce State Unit | Reeves County, TX | 1,069 BBLs | 11,067 MCF | Jan 2024 |
| Texaco Inc. Ata 1 | Reeves County, TX | 0 BBLs | 450 MCF | Jan 2024 |
| Willow State Unit 10 | Reeves County, TX | 0 BBLs | 513,383 MCF | Jan 2024 |
These are the closest 10 companies operating near the Spruce State property.