Gas Property in Reeves County, TX
Key data points for Spruce State
| County | Reeves County, TX |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jan 2017 - Jun 2025 |
| Total Oil Production | 0 BBLs |
| Total Gas Production | 44,882,350 MCF |
| Recent Oil Production | 0 BBLs in May 2025 |
| Recent Gas Production | 226,446 MCF in May 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Spruce State
ShaleAssessment™
$44,386 *
MarketMultiple™
$954,313 **
* 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 | 332 BBLs | 122,387 MCF | Jun 2025 |
| Blackfoot State Unit | Reeves County, TX | 1,846 BBLs | 917,953 MCF | Jun 2025 |
| Caldwell | Reeves County, TX | 0 BBLs | 1,153 MCF | Jun 2025 |
| Caldwell | Reeves County, TX | 0 BBLs | 959 MCF | May 2025 |
| Cedar State Unit | Reeves County, TX | 0 BBLs | 79,084 MCF | Jun 2025 |
| Cherokee State | Reeves County, TX | 296 BBLs | 192,504 MCF | Jun 2025 |
| Cypress State | Reeves County, TX | 2,049 BBLs | 251,881 MCF | Jun 2025 |
| Dogwood State | Reeves County, TX | 188 BBLs | 338,610 MCF | Jun 2025 |
| Huckleberry | Reeves County, TX | 44 BBLs | 32,149 MCF | Jun 2025 |
| Mohican Unit | Reeves County, TX | 394 BBLs | 453,742 MCF | Jun 2025 |
| Mont Blanc | Reeves County, TX | 1,337 BBLs | 734,484 MCF | Jun 2025 |
| North Bonsai State Unit | Reeves County, TX | 0 BBLs | 0 MCF | Jun 2025 |
| Oak State Unit | Reeves County, TX | 0 BBLs | 291,225 MCF | Jun 2025 |
| Pelican Ranch | Reeves County, TX | 0 BBLs | 332 MCF | Jun 2025 |
| Pine State 10 | Reeves County, TX | 0 BBLs | 207,940 MCF | Jun 2025 |
| Redwood | Reeves County, TX | 0 BBLs | 466,670 MCF | Jun 2025 |
| Retama State Unit 101ah | Reeves County, TX | 0 BBLs | 40,193 MCF | Jun 2025 |
| Spruce State Unit | Reeves County, TX | 573 BBLs | 7,035 MCF | Jun 2025 |
| Texaco Inc. Ata 1 | Reeves County, TX | 0 BBLs | 121 MCF | Jun 2025 |
| Willow State Unit 10 | Reeves County, TX | 0 BBLs | 528,783 MCF | Jun 2025 |
These are the closest 10 companies operating near the Spruce State property.