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

$6,183,789 **

* 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, TX62,311 BBLs479,711 MCFJun 2026
Anaconda State 55-2Reeves County, TX3,458 BBLs15,355 MCFJun 2026
BoucherReeves County, TX1,661 BBLs13,238 MCFJun 2026
Chalk Bluff 55-4-1 1HReeves County, TX1,155 BBLs3,415 MCFJun 2026
DixielandReeves County, TX0 BBLs0 MCFSep 2024
Dixieland State 55-6Reeves County, TX20,793 BBLs216,567 MCFJun 2026
Harrison State Unit 12-24-16Reeves County, TX372 BBLs2,227 MCFJun 2026
Langley 2-36Reeves County, TX1,535 BBLs6,350 MCFJun 2026
Macho Man 1 4Reeves County, TX48,455 BBLs270,081 MCFJun 2026
Marmaconda State 2-5-14-17Reeves County, TX69,962 BBLs541,089 MCFJun 2026
Moon State 55-3-5 UnitReeves County, TX5,751 BBLs33,172 MCFJun 2026
Moon State 55-3-5 Unit 1HReeves County, TX2,959 BBLs13,233 MCFJun 2026
Red Lodge C20-11Reeves County, TX18,167 BBLs174,879 MCFJun 2026
Sapphire State C20-12Reeves County, TX665 BBLs1,828 MCFJun 2026
Sawtooth State 55-6Reeves County, TX702 BBLs4,729 MCFJun 2026
Sheridan 55-4-5 1HReeves County, TX314 BBLs2,520 MCFJun 2026
State Cortez UnitReeves County, TX46,379 BBLs489,084 MCFJun 2026
State Lookouts 12-16-17 UnitReeves County, TX29,179 BBLs223,489 MCFJun 2026
Ub C108HReeves County, TX408 BBLs0 MCFJun 2026
UintaReeves County, TX2,478 BBLs35,480 MCFJun 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

Owners of State Sheridan

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026LAKEWOOD ENERGY LLCSTATE SHERIDAN #3HLAKEWOOD ENERG
2026LAKEWOOD ENERGY LLCSTATE SHERIDAN #2HLAKEWOOD ENERG
2026EXEMPT-STATE OF TEXASSTATE SHERIDAN #3HLAKEWOOD ENERG
2026EXEMPT-STATE OF TEXASSTATE SHERIDAN #2HLAKEWOOD ENERG

Oil & Gas Sales on State Sheridan

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-300789STATE SHERIDAN 1HJun 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HJun 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HMay 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HMay 2026LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HMay 2026LAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HMay 2026LAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HMay 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HApr 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HApr 2026LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HApr 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HApr 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HApr 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HMar 2026LAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HMar 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HMar 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HMar 2026LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HMar 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HFeb 2026LAKEWOOD ENERGY LLC
08-300790STATE SHERIDAN 2HFeb 2026LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HFeb 2026LAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HFeb 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HFeb 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HJan 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC
08-300791STATE SHERIDAN 3HJan 2026LAKEWOOD ENERGY LLC
08-300789STATE SHERIDAN 1HJan 2026TRAFIGURA TRADING LLCLAKEWOOD ENERGY LLC