State Sheridan

Oil & Gas Property in Reeves County, TX

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Property Summary

Key data points for State Sheridan

CountyReeves County, TX
OperatorLAKEWOOD ENERGY LLC
Production DatesAug 2025 - Mar 2026
Total Oil Production258,156 BBLs
Total Gas Production4,197,761 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property3

Our Valuation Estimates for State Sheridan

ShaleAssessment

Not Available

MarketMultiple

$6,315,626 **

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

Based on a decimal interest

State Sheridan Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Sheridan
from Aug 2025 to Mar 2026

Wells on State Sheridan

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-41595STATE SHERIDAN 1HLakewood Energy LLCProducingReeves County, TX31.650028-103.779242
42-389-41596STATE SHERIDAN 2HLakewood Energy LLCProducingReeves County, TX31.650027-103.779178
42-389-41597STATE SHERIDAN 3HLakewood Energy LLCProducingReeves County, TX31.650026-103.779114

Leases included in State Sheridan

Lease #Lease NameOperatorCounty
08-300789STATE SHERIDAN 1HLakewood Energy LLCReeves County, TX
08-300790STATE SHERIDAN 2HLakewood Energy LLCReeves County, TX
08-300791STATE SHERIDAN 3HLakewood Energy LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the State Sheridan property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alpine Marmot 5-14-17Reeves County, TX63,912 BBLs471,130 MCFMay 2026
Anaconda State 55-2Reeves County, TX3,741 BBLs23,534 MCFMay 2026
BoucherReeves County, TX1,712 BBLs12,267 MCFMay 2026
Chalk Bluff 55-4-1 1HReeves County, TX1,269 BBLs4,024 MCFMay 2026
DixielandReeves County, TX0 BBLs0 MCFSep 2024
Dixieland State 55-6Reeves County, TX21,398 BBLs206,894 MCFMay 2026
Harrison State Unit 12-24-16Reeves County, TX419 BBLs1,994 MCFMay 2026
Langley 2-36Reeves County, TX1,478 BBLs4,427 MCFMay 2026
Macho Man 1 4Reeves County, TX49,737 BBLs267,751 MCFMay 2026
Marmaconda State 2-5-14-17Reeves County, TX70,676 BBLs505,072 MCFMay 2026
Moon State 55-3-5 UnitReeves County, TX6,704 BBLs38,607 MCFMay 2026
Moon State 55-3-5 Unit 1HReeves County, TX348 BBLs1,051 MCFMay 2026
Red Lodge C20-11Reeves County, TX18,754 BBLs180,504 MCFMay 2026
Sapphire State C20-12Reeves County, TX699 BBLs2,811 MCFMay 2026
Sawtooth State 55-6Reeves County, TX709 BBLs5,546 MCFMay 2026
Sheridan 55-4-5 1HReeves County, TX805 BBLs4,396 MCFMay 2026
State Cortez UnitReeves County, TX48,179 BBLs488,969 MCFMay 2026
State Lookouts 12-16-17 UnitReeves County, TX29,266 BBLs212,663 MCFMay 2026
Ub C108HReeves County, TX367 BBLs0 MCFMay 2026
UintaReeves County, TX2,596 BBLs35,030 MCFMay 2026

Frac'ing activity on State Sheridan

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-41595State Sheridan 1H
42-389-41596State Sheridan 2H
42-389-41597State Sheridan 3H

Oil & Gas Sales on State Sheridan

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-300791STATE SHERIDAN 3HFeb 2026LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HFeb 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HFeb 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HFeb 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HFeb 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HJan 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HJan 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HJan 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HJan 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HJan 2026LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HJan 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HDec 2025LAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HDec 2025TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HDec 2025LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HDec 2025LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HDec 2025TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HDec 2025TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HNov 2025LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HNov 2025TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HNov 2025LAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HNov 2025TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HNov 2025TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HNov 2025LAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HOct 2025LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HOct 2025TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC