State Four Queens 56-T3-14X23

Oil & Gas Property in Reeves County, TX

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Property Summary

Key data points for State Four Queens 56-T3-14X23

County	Reeves County, TX
Operator	BPX OPERATING COMPANY
Production Dates	May 2025 - Apr 2026
Total Oil Production	2,076,775 BBLs
Total Gas Production	12,441,205 MCF
Recent Oil Production	99,805 BBLs in Mar 2026
Recent Gas Production	735,024 MCF in Mar 2026
Wells on Property	17

Our Valuation Estimates for State Four Queens 56-T3-14X23

ShaleAssessment™

Not Available

MarketMultiple™

$19,337,304 **

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

Based on a decimal interest

State Four Queens 56-T3-14X23 Production Graph

Aggregated production of all wells and leases associated with this property

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to oil and gas production for State Four Queens 56-T3-14X23
from May 2025 to Apr 2026

Wells on State Four Queens 56-T3-14X23

API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
42-389-41183	STATE FOUR QUEENS 56-T3-14X23 A W101H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722077	-103.903877
42-389-41184	STATE FOUR QUEENS 56-T3-14X23 B W102H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722078	-103.903587
42-389-41185	STATE FOUR QUEENS 56-T3-14X23 BA W201H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722077	-103.903973
42-389-41186	STATE FOUR QUEENS 56-T3-14X23 BB W202H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722078	-103.903684
42-389-41187	STATE FOUR QUEENS 56-T3-14X23 YA X101H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722055	-103.904055
42-389-41188	STATE FOUR QUEENS 56-T3-14X23 YB X102H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722078	-103.903780
42-389-41189	STATE FOUR QUEENS 56-T3-14X23 YC X103H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.721992	-103.894411
42-389-41190	STATE FOUR QUEENS 56-T3-14X23 F W106H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722014	-103.894232
42-389-41191	STATE FOUR QUEENS 56-T3-14X23 BG W207H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722014	-103.894329
42-389-41192	STATE FOUR QUEENS 56-T3-14X23 BH W208H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.722015	-103.894039
42-389-41193	STATE FOUR QUEENS 56-T3-14X23 YD X104H	BPX OPERATING COMPANY	Producing	Reeves County, TX				31.721993	-103.894121
42-389-41906	STATE FOUR QUEENS 56-T3-14X23 2A B201H	BPX OPERATING COMPANY	Horizontal Well Surface Locatio	Reeves County, TX				31.722060	-103.902849
42-389-41907	STATE FOUR QUEENS 56-T3-14X23 2B B202H	BPX OPERATING COMPANY	Horizontal Well Surface Locatio	Reeves County, TX				31.722061	-103.902559
42-389-41908	STATE FOUR QUEENS 56-T3-14X23 2I B218H	BPX OPERATING COMPANY	Horizontal Well Surface Locatio	Reeves County, TX				31.722060	-103.902656
42-389-41909	STATE FOUR QUEENS 56-T3-14X23 2J B217H	BPX OPERATING COMPANY	Horizontal Well Surface Locatio	Reeves County, TX				31.722062	-103.902366
42-389-41910	STATE FOUR QUEENS 56-T3-14X23 3G B312H	BPX OPERATING COMPANY	Horizontal Well Surface Locatio	Reeves County, TX				31.722061	-103.902463
42-389-41911	STATE FOUR QUEENS 56-T3-14X23 3H B311H	BPX OPERATING COMPANY	Horizontal Well Surface Locatio	Reeves County, TX				31.722060	-103.902752

Leases included in State Four Queens 56-T3-14X23

Lease #	Lease Name	Operator	County	Monthly Oil Prod.	Monthly Gas Prod.
Lease #	Lease Name	Operator	County	Monthly Oil Prod.	Monthly Gas Prod.
08-299392	STATE FOUR QUEENS 56-T3-14X23 BB W202H	BPX OPERATING COMPANY	Reeves County, TX
08-299393	STATE FOUR QUEENS 56-T3-14X23 YA X101H	BPX OPERATING COMPANY	Reeves County, TX
08-299400	STATE FOUR QUEENS 56-T3-14X23 BG W207H	BPX OPERATING COMPANY	Reeves County, TX
08-299403	STATE FOUR QUEENS 56-T3-14X23 YD X104H	BPX OPERATING COMPANY	Reeves County, TX
08-299404	STATE FOUR QUEENS 56-T3-14X23 F W106H	BPX OPERATING COMPANY	Reeves County, TX
08-299405	STATE FOUR QUEENS 56-T3-14X23 YB X102H	BPX OPERATING COMPANY	Reeves County, TX
08-299407	STATE FOUR QUEENS 56-T3-14X23 BA W201H	BPX OPERATING COMPANY	Reeves County, TX
08-299413	STATE FOUR QUEENS 56-T3-14X23 A W101H	BPX OPERATING COMPANY	Reeves County, TX
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	BPX OPERATING COMPANY	Reeves County, TX
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	BPX OPERATING COMPANY	Reeves County, TX
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	BPX OPERATING COMPANY	Reeves County, TX

Nearby Properties

These are the closest 20 properties to the State Four Queens 56-T3-14X23 property.

Property Name	Location	Oil Prod.	Gas Prod.	Prod. Period
Arco State	Reeves County, TX	5 BBLs	0 MCF	Apr 2026
Armstrong	Reeves County, TX	5 BBLs	0 MCF	Apr 2026
Bollinger	Reeves County, TX	0 BBLs	0 MCF	May 2018
Cheyenne 57-3-13	Reeves County, TX	2,854 BBLs	26,509 MCF	Apr 2026
Darcy State	Reeves County, TX	13,591 BBLs	234,776 MCF	Apr 2026
Greenwich State 57-3-26-35	Reeves County, TX	21,741 BBLs	287,863 MCF	Apr 2026
Growler 56-3-23 1H	Reeves County, TX	907 BBLs	420 MCF	Apr 2026
Meridian State 57-3-23-11	Reeves County, TX	36,913 BBLs	550,479 MCF	Apr 2026
Old Monarch State 12	Reeves County, TX	9,755 BBLs	100,131 MCF	Apr 2026
Prestige Worldwide S	Reeves County, TX	18,691 BBLs	113,669 MCF	Apr 2026
PWW State	Reeves County, TX	7,149 BBLs	223,671 MCF	Apr 2026
Reeves	Reeves County, TX	0 BBLs	0 MCF	Aug 2004
Sounder 56-3-15 1H	Reeves County, TX	1,197 BBLs	11,323 MCF	Apr 2026
State Apache 5	Reeves County, TX	9,006 BBLs	56,294 MCF	Apr 2026
State Champ 56-T3-12X	Reeves County, TX	118,535 BBLs	592,747 MCF	Apr 2026
State Hedblom 56-T3-24 W	Reeves County, TX	8,125 BBLs	100,103 MCF	Apr 2026
State Pish 57-T3-36 1H	Reeves County, TX	1,184 BBLs	10,627 MCF	Apr 2026
Sundance State 56-3-13 Unit	Reeves County, TX	10,914 BBLs	62,370 MCF	Apr 2026
Superbolt 57-3-25 1H	Reeves County, TX	1,848 BBLs	7,782 MCF	Apr 2026
Texaco	Reeves County, TX	0 BBLs	0 MCF	Aug 2004

Companies in the Area

These are the closest 20 companies operating near the State Four Queens 56-T3-14X23 property.

Company Name
Anadarko E&P Onshore LLC
Apache Corporation
BPX Operating Company
Bta Oil Producers, LLC
Bustamante Resources LLC
Eastland Oil Company, The
Enserch Exploration Inc
Eqv Operating LLC
JRC Petroleum
K3 Productions LLC
Linop Corporation
New Horizon Exploration, Inc.
On Pointe Operating LLC
PDC Permian, Inc.
Putnam, Paul Oil
Q Natural Resources, LLC
Re-Op Corp.
Rio Oil And Gas (Permian) II,LLC
Teke Production LLC
U. S. Energy Development Corporation

Frac'ing activity on State Four Queens 56-T3-14X23

API #	Well Name	Start Date	End Date	Vertical Depth	Total Water Volume
API #	Well Name	Start Date	End Date	Vertical Depth	Total Water Volume
42-389-41183	State Four Queens 56-T3-14X23 A W101H
42-389-41184	State Four Queens 56-T3-14X23 B W102H
42-389-41185	State Four Queens 56-T3-14X23 BA W201H
42-389-41186	State Four Queens 56-T3-14X23 BB W202H
42-389-41187	State Four Queens 56-T3-14X23 YA X101H
42-389-41188	State Four Queens 56-T3-14X23 YB X102H
42-389-41189	State Four Queens 56-T3-14X23 YC X103H
42-389-41190	State Four Queens 56-T3-14X23 F W106H
42-389-41191	State Four Queens 56-T3-14X23 BG W207H
42-389-41192	State Four Queens 56-T3-14X23 BH W208H
42-389-41193	State Four Queens 56-T3-14X23 YD X104H
42-389-41906	STATE FOUR QUEENS 56-T3-14X23 2A B201H
42-389-41907	STATE FOUR QUEENS 56-T3-14X23 2B B202H
42-389-41910	STATE FOUR QUEENS 56-T3-14X23 3G B312H
42-389-41911	STATE FOUR QUEENS 56-T3-14X23 3H B311H

Oil & Gas Sales on State Four Queens 56-T3-14X23

Lease #	Lease Name	Reporting Period	Product	Volume	Value	Gross Price	Purchaser	Producer
Lease #	Lease Name	Reporting Period	Product	Oil Volume	Oil Value	Calculated Oil Price	Purchaser	Producer
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Feb 2026					ETC FIELD SERVICES LLC	BPX OPERATING COMPANY
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	Feb 2026					BP PRODUCTS NORTH AMERICA INC.	BPX OPERATING COMPANY
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	Feb 2026					ETC FIELD SERVICES LLC	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Feb 2026					BPX OPERATING COMPANY	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Feb 2026					BP PRODUCTS NORTH AMERICA INC.	BPX OPERATING COMPANY
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	Feb 2026					BPX OPERATING COMPANY	BPX OPERATING COMPANY
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	Feb 2026					BP PRODUCTS NORTH AMERICA INC.	BPX OPERATING COMPANY
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	Feb 2026					BPX OPERATING COMPANY	BPX OPERATING COMPANY
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	Feb 2026					ETC FIELD SERVICES LLC	BPX OPERATING COMPANY
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	Jan 2026					BPX OPERATING COMPANY	BPX OPERATING COMPANY
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	Jan 2026					BP ENERGY COMPANY	BPX OPERATING COMPANY
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	Jan 2026					BP PRODUCTS NORTH AMERICA INC.	BPX OPERATING COMPANY
08-299530	STATE FOUR QUEENS 56-T3-14X23 BH W208H	Jan 2026					ETC FIELD SERVICES LLC	BPX OPERATING COMPANY
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	Jan 2026					ETC FIELD SERVICES LLC	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Jan 2026					BPX OPERATING COMPANY	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Jan 2026					BP PRODUCTS NORTH AMERICA INC.	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Jan 2026					ETC FIELD SERVICES LLC	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Jan 2026					BP ENERGY COMPANY	BPX OPERATING COMPANY
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	Jan 2026					BPX OPERATING COMPANY	BPX OPERATING COMPANY
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	Jan 2026					BP ENERGY COMPANY	BPX OPERATING COMPANY
08-299533	STATE FOUR QUEENS 56-T3-14X23 B W102H	Jan 2026					BP PRODUCTS NORTH AMERICA INC.	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Dec 2025					ETC FIELD SERVICES LLC	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Dec 2025					BP PRODUCTS NORTH AMERICA INC.	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Dec 2025					BP ENERGY COMPANY	BPX OPERATING COMPANY
08-299531	STATE FOUR QUEENS 56-T3-14X23 YC X103H	Dec 2025					BPX OPERATING COMPANY	BPX OPERATING COMPANY