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 - Mar 2026
Total Oil Production5,358,197 BBLs
Total Gas Production29,287,254 MCF
Recent Oil Production48,714 BBLs in Feb 2026
Recent Gas Production484,834 MCF in Feb 2026
Wells on Property12

Our Valuation Estimates for State Cortez Unit

ShaleAssessment™

$125,914 *

MarketMultiple™

$9,693,453 **

* 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 Mar 2026

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, TX67,947 BBLs480,645 MCFMar 2026
Anaconda State 55-2Reeves County, TX4,091 BBLs17,482 MCFMar 2026
BoucherReeves County, TX802 BBLs7,957 MCFMar 2026
BraggReeves County, TX9,693 BBLs152,318 MCFMar 2026
DixielandReeves County, TX0 BBLs0 MCFSep 2024
Dixieland State 55-6Reeves County, TX19,934 BBLs187,452 MCFMar 2026
Griffin State 56-3-41 UnitReeves County, TX6,558 BBLs30,856 MCFMar 2026
Macho Man 1 4Reeves County, TX46,056 BBLs212,312 MCFMar 2026
Magic State 56-3-39 UnitReeves County, TX7,262 BBLs34,154 MCFMar 2026
Manticore State 55-3-3 UnitReeves County, TX11,120 BBLs86,699 MCFMar 2026
Marmaconda State 2-5-14-17Reeves County, TX73,932 BBLs526,563 MCFMar 2026
Moon State 55-3-5 UnitReeves County, TX5,418 BBLs26,458 MCFMar 2026
Moon State 55-3-5 Unit 1HReeves County, TX2,328 BBLs10,897 MCFMar 2026
Red Lodge C20-11Reeves County, TX17,237 BBLs143,945 MCFMar 2026
Sawtooth State 55-6Reeves County, TX686 BBLs3,984 MCFMar 2026
Sheridan 55-4-5 1HReeves County, TX507 BBLs1,440 MCFMar 2026
State SheridanReeves County, TX0 BBLs0 MCFDec 2025
SteamworksReeves County, TX1,745 BBLs10,815 MCFMar 2026
Thunder CanyonReeves County, TX2,854 BBLs39,480 MCFMar 2026
UintaReeves County, TX2,563 BBLs29,867 MCFMar 2026

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
Cimarex Energy Co
Coterra Energy Operating Co.
Energen Resources Corporation
EOG Resources Inc
Eqv Operating LLC
Greenlake Energy Operating, LLC
Jetta Operating Company, Inc.
Killer Rabbit Fields LLC
Lakewood Energy LLC
Linop Corporation
New Horizon Exploration, Inc.
Norwood, A. N., Inc.
Pdeh LLC
R K Petroleum 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 2HFeb 2026EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HFeb 2026EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HFeb 2026EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HFeb 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HFeb 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HFeb 2026EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HFeb 2026EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HFeb 2026EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HFeb 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HFeb 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HFeb 2026EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HFeb 2026EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HFeb 2026EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HFeb 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HFeb 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HFeb 2026EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HFeb 2026EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HFeb 2026EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HFeb 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HFeb 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HFeb 2026EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HFeb 2026EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HFeb 2026EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HFeb 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287287STATE CORTEZ UNIT 4HFeb 2026EOG RESOURCES, INC.