State Cortez Unit

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. State Cortez Unit Oil & Gas Property

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Property Summary

Key data points for State Cortez Unit

CountyReeves County, TX
OperatorEOG RESOURCES, INC.
Production DatesMar 2018 - Nov 2025
Total Oil Production5,148,198 BBLs
Total Gas Production27,230,508 MCF
Recent Oil Production65,437 BBLs in Oct 2025
Recent Gas Production598,585 MCF in Oct 2025
Wells on Property12

Our Valuation Estimates for State Cortez Unit

ShaleAssessment™

$137,115 *

MarketMultiple™

$11,137,240 **

* 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
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to oil and gas production for State Cortez Unit
from Mar 2018 to Nov 2025

Wells on State Cortez Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
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
42-389-41167STATE CORTEZ UNIT 731HEOG RESOURCES, INC.ProducingReeves County, TX31.648964-103.797667
42-389-41168STATE CORTEZ UNIT 732HEOG RESOURCES, INC.ProducingReeves County, TX31.650189-103.791834
42-389-41169STATE CORTEZ UNIT 751HEOG RESOURCES, INC.ProducingReeves County, TX31.648964-103.797773
42-389-41170STATE CORTEZ UNIT 752HEOG RESOURCES, INC.ProducingReeves County, TX31.650192-103.791728

Leases included in State Cortez Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
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
08-298597STATE CORTEZ UNIT 752HEOG RESOURCES, INC.Reeves County, TX
08-298720STATE CORTEZ UNIT 751HEOG RESOURCES, INC.Reeves County, TX
08-298780STATE CORTEZ UNIT 732HEOG RESOURCES, INC.Reeves County, TX
08-298798STATE CORTEZ UNIT 731HEOG 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
Alpine Marmot 5-14-17Reeves County, TX98,031 BBLs573,116 MCFOct 2025
Anaconda State 55-2Reeves County, TX4,657 BBLs26,346 MCFNov 2025
BoucherReeves County, TX1,995 BBLs12,744 MCFNov 2025
BraggReeves County, TX10,985 BBLs174,359 MCFNov 2025
Chalk Bluff 55-4-1 1HReeves County, TX1,309 BBLs3,723 MCFNov 2025
DixielandReeves County, TX0 BBLs0 MCFSep 2024
Dixieland State 55-6Reeves County, TX24,972 BBLs222,001 MCFNov 2025
Griffin State 56-3-41 UnitReeves County, TX4,668 BBLs35,267 MCFNov 2025
Macho Man 1 4Reeves County, TX105,752 BBLs472,313 MCFNov 2025
Magic State 56-3-39 UnitReeves County, TX7,568 BBLs46,421 MCFNov 2025
Manticore State 55-3-3 UnitReeves County, TX8,872 BBLs80,102 MCFNov 2025
Marmaconda State 2-5-14-17Reeves County, TX103,937 BBLs628,438 MCFOct 2025
Moon State 55-3-5 UnitReeves County, TX5,050 BBLs32,268 MCFNov 2025
Moon State 55-3-5 Unit 1HReeves County, TX1,860 BBLs11,752 MCFNov 2025
Red Lodge C20-11Reeves County, TX19,028 BBLs178,059 MCFNov 2025
Sawtooth State 55-6Reeves County, TX706 BBLs6,356 MCFNov 2025
Sheridan 55-4-5 1HReeves County, TX65 BBLs3,167 MCFNov 2025
SteamworksReeves County, TX2,143 BBLs15,166 MCFNov 2025
Thunder CanyonReeves County, TX3,155 BBLs48,803 MCFNov 2025
UintaReeves County, TX2,600 BBLs32,861 MCFNov 2025

Companies in the Area

These are the closest 20 companies operating near the State Cortez Unit property.

Company Name
Anadarko E&P Onshore LLC
Apache Corporation
BPX Operating Company
Brigham Operating, LLC
Cimarex Energy Co
Coterra Energy Operating Co.
Energen Resources Corporation
EOG Resources, Inc.
Eqv Operating LLC
Greenlake Energy Operating, LLC
Killer Rabbit Fields LLC
Linop Corporation
New Horizon Exploration, Inc.
Norwood, A. N., Inc.
Pdeh LLC
R K Petroleum Corp.
Re-Op Corp.
Resolute Natural Res. Co., LLC
Southern Union Exploration Co.
TRP Operating LLC

Frac'ing activity on State Cortez Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-36613STATE CORTEZ A #1H
42-389-36614STATE CORTEZ B #2H
42-389-36625STATE CORTEZ UNIT #3H
42-389-36990STATE CORTEZ UNIT #4H
42-389-36991STATE CORTEZ UNIT #5H
42-389-36992STATE CORTEZ UNIT #6H
42-389-36993STATE CORTEZ UNIT #7H
42-389-41167STATE CORTEZ UNIT #731H
42-389-41168STATE CORTEZ UNIT #732H
42-389-41169STATE CORTEZ UNIT #751H
42-389-41170STATE CORTEZ UNIT #752H

Owners of State Cortez Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025EOG RESOURCES INCSTATE CORTEZ UNIT #5HEOG RESOURCES,
2025EOG RESOURCES INCSTATE CORTEZ UNIT #2HEOG RESOURCES,
2025EOG RESOURCES INCSTATE CORTEZ UNIT #3HEOG RESOURCES,
2025EOG RESOURCES INCSTATE CORTEZ UNIT #1HEOG RESOURCES,
2025EOG RESOURCES INCSTATE CORTEZ UNIT #7HEOG RESOURCES,
2025EOG RESOURCES INCSTATE CORTEZ UNIT #4HEOG RESOURCES,
2025CHEVRON ADVANTAGE INCSTATE CORTEZ UNIT #5HEOG RESOURCES,
2025CHEVRON ADVANTAGE INCSTATE CORTEZ UNIT #2HEOG 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 2025EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2025EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2025EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2025EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2025EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2025EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2025EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2025EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2025EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2025EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2025EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2025EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2025EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2025EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2025EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.