State Cortez Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State Cortez Unit

CountyReeves County, TX
OperatorEOG RESOURCES INC
Production DatesMar 2018 - Dec 2023
Total Oil Production4,250,301 BBLs
Total Gas Production20,370,022 MCF
Recent Oil Production25,909 BBLs in Nov 2023
Recent Gas Production161,808 MCF in Nov 2023
Wells on Property8

Our Valuation Estimates for State Cortez Unit

ShaleAssessment

Not Available

MarketMultiple

$4,357,823 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

State Cortez Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State Cortez Unit
from Mar 2018 to Dec 2023

Wells on State Cortez Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-36613STATE CORTEZ UNIT 1HEOG RESOURCES, INC.ProducingReeves County, TX31.651584-103.805796
42-389-36614STATE CORTEZ UNIT 2HEOG RESOURCES, INC.ProducingReeves County, TX31.651579-103.802520
42-389-36625STATE CORTEZ UNIT 3HEOG RESOURCES, INC.ProducingReeves County, TX31.651825-103.800843
42-389-36990STATE CORTEZ UNIT 4HEOG RESOURCES, INC.ProducingReeves County, TX31.650029-103.796108
42-389-36991STATE CORTEZ UNIT 5HEOG RESOURCES, INC.ProducingReeves County, TX31.650029-103.796002
42-389-36992STATE CORTEZ UNIT 6HEOG RESOURCES, INC.ProducingReeves County, TX31.650022-103.792133
42-389-36993STATE CORTEZ UNIT 7HEOG RESOURCES, INC.ProducingReeves County, TX31.650023-103.792026
42-389-38327STATE CORTEZ UNIT 8HEOG RESOURCES, INC.Horizontal Well Surface LocatioReeves County, TX31.651750-103.805605

Leases included in State Cortez Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-284836STATE CORTEZ UNIT 2HEOG RESOURCES, INC.Reeves County, TX
08-285009STATE CORTEZ UNIT 1HEOG RESOURCES, INC.Reeves County, TX
08-287245STATE CORTEZ UNIT 5HEOG RESOURCES, INC.Reeves County, TX
08-287246STATE CORTEZ UNIT 6HEOG RESOURCES, INC.Reeves County, TX
08-287248STATE CORTEZ UNIT 7HEOG RESOURCES, INC.Reeves County, TX
08-287287STATE CORTEZ UNIT 4HEOG RESOURCES, INC.Reeves County, TX
08-288016STATE CORTEZ UNIT 3HEOG RESOURCES, INC.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the State Cortez Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anaconda State 55-2Reeves County, TX5,603 BBLs33,002 MCFDec 2023
BoucherReeves County, TX4,957 BBLs75,267 MCFDec 2023
BraggReeves County, TX23,430 BBLs323,061 MCFDec 2023
Chalk Bluff 55-4-1 1HReeves County, TX1,789 BBLs6,028 MCFDec 2023
DixielandReeves County, TX0 BBLs900 MCFDec 2023
Dixieland State 55-6Reeves County, TX38,630 BBLs317,830 MCFDec 2023
Griffin State 56-3-41 UnitReeves County, TX5,545 BBLs34,031 MCFDec 2023
Magic State 56-3-39 UnitReeves County, TX7,565 BBLs59,592 MCFDec 2023
Manticore State 55-3-3 UnitReeves County, TX9,962 BBLs87,846 MCFDec 2023
Moon State 55-3-5 UnitReeves County, TX7,876 BBLs43,528 MCFDec 2023
Moon State 55-3-5 Unit 1HReeves County, TX3,154 BBLs16,171 MCFDec 2023
Red Lodge C20-11Reeves County, TX31,379 BBLs227,698 MCFDec 2023
RenegadeReeves County, TX1,415 BBLs13,525 MCFDec 2023
Sapphire State C20-12Reeves County, TX4 BBLs0 MCFDec 2023
Sawtooth State 55-6Reeves County, TX1,102 BBLs7,424 MCFDec 2023
State Lookouts 12-16-17 UnitReeves County, TX88,487 BBLs484,729 MCFDec 2023
SteamworksReeves County, TX1,774 BBLs9,609 MCFDec 2023
Thunder CanyonReeves County, TX3,296 BBLs53,279 MCFDec 2023
Ub C108HReeves County, TX1,077 BBLs2,889 MCFDec 2023
UintaReeves County, TX3,563 BBLs58,750 MCFDec 2023

Owners of State Cortez Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023EOG RESOURCES INCSTATE CORTEZ UNIT #7HEOG RESOURCES,
2023EOG RESOURCES INCSTATE CORTEZ UNIT #4HEOG RESOURCES,
2023EOG RESOURCES INCSTATE CORTEZ UNIT #6HEOG RESOURCES,
2023EOG RESOURCES INCSTATE CORTEZ UNIT #2HEOG RESOURCES,
2023EOG RESOURCES INCSTATE CORTEZ UNIT #3HEOG RESOURCES,
2023EOG RESOURCES INCSTATE CORTEZ UNIT #1HEOG RESOURCES,
2023EOG RESOURCES INCSTATE CORTEZ UNIT #5HEOG RESOURCES,
2023CHEVRON ADVANTAGE INCSTATE CORTEZ UNIT #4HEOG RESOURCES,
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Cortez Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-284836STATE CORTEZ UNIT 2HNov 2023EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2023EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2023EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2023EOG RESOURCES, INC.EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2023EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2023EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2023EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2023EOG RESOURCES, INC.EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2023EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2023EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2023EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2023EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2023EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2023EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2023EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2023EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2023EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2023EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2023EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2023EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.