State

Oil & Gas Property in Reeves County, TX

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

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Property Summary

Key data points for State

CountyReeves County, TX
Production DatesApr 2007 - Jan 2026
Total Oil Production43 BBLs
Total Gas Production30,386,355 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$267,416 **

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

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Apr 2007 to Jan 2026

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-31856STATE HB 1POGO PRODUCING COMPANYDry HoleReeves County, TX31.664204-103.656411
42-389-32407STATE 71 1CRESCENT ENERGY OPERATING, LLCTemp AbandonedReeves County, TX31.644301-103.709746
42-389-32434STATE 67 1FOREST OIL CORPORATIONPermitted LocationReeves County, TX31.648386-103.702735
42-389-32441STATE 71 1RCRESCENT ENERGY OPERATING, LLCTemp AbandonedReeves County, TX31.644301-103.709746
42-389-32553STATE 71 2STCRESCENT ENERGY OPERATING, LLCProducingReeves County, TX31.638881-103.707940

Leases included in State

Lease #Lease NameOperatorCounty
08-264576STATE 71 2STCRESCENT ENERGY OPERATING, LLCReeves County, TX
08-279295STATE 71 1CRESCENT ENERGY OPERATING, LLCReeves County, TX
08-280130STATE 71 1RCRESCENT ENERGY OPERATING, LLCReeves County, TX

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AylesworthReeves County, TX0 BBLs0 MCFApr 2001
Beaverhead State 2-24 UnitReeves County, TX1,318 BBLs5,961 MCFJan 2026
Expedition State Unit 71-67Reeves County, TX0 BBLs0 MCFNov 2025
Goldfinger State Unit 71-67Reeves County, TX12,000 BBLs114,378 MCFJan 2026
Greybull 55-4Reeves County, TX72 BBLs4 MCFJan 2026
Harrison State Unit 12-24-16Reeves County, TX0 BBLs0 MCFNov 2025
Herc State 6-1Reeves County, TX20,253 BBLs162,367 MCFJan 2026
Jupiter 2-36Reeves County, TX2,070 BBLs2,671 MCFJan 2026
Langley 2-36Reeves County, TX1,615 BBLs1,551 MCFJan 2026
Maisie State 10Reeves County, TX1,740 BBLs5,448 MCFJan 2026
RangerReeves County, TX8,848 BBLs74,524 MCFJan 2026
Santa Rosa 54-4-3 1HReeves County, TX1,461 BBLs2,644 MCFJan 2026
SieversReeves County, TX841 BBLs1,571 MCFJan 2026
Sievers 2-35Reeves County, TX41,980 BBLs320,182 MCFJan 2026
Skyfall StateReeves County, TX57,912 BBLs343,685 MCFJan 2026
SMR U08hReeves County, TX1,046 BBLs4,569 MCFJan 2026
South Mitre 2 UnitReeves County, TX8,570 BBLs62,833 MCFJan 2026
Tarantula Hawk 2-40Reeves County, TX1,855 BBLs5,476 MCFJan 2026
Thunderball State 4-67 UReeves County, TX21,501 BBLs113,141 MCFJan 2026
Williamsburg 54-4-5 1HReeves County, TX1,373 BBLs8,985 MCFJan 2026

Companies in the Area

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

Company Name
Anadarko E&P Onshore LLC
Anadarko Petroleum Corporation
Apache Corporation
Bta Oil Producers, LLC
Cimarex Energy Co
Coterra Energy Operating Co.
Diamondback E&P LLC
Energen Resources Corporation
Eqv Operating LLC
Greenlake Energy Operating, LLC
Helmerich & Payne, Inc.
Hillin Prod. Co.
Lakewood Energy LLC
Notting Hill Energy LLC
Panther Exploration, LLC
Resolute Natural Res. Co., LLC
Rio Oil And Gas (Permian) II,LLC
Texasgulf Inc.
TRP Operating LLC
WPX Energy Permian, LLC

Frac'ing activity on State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-32553State 71 02R
42-389-32553State 71 02R

Owners of State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025EXEMPT-STATE OF TEXASSTATE 71 #2STCONTANGO RESOU
2025CONTANGO RESOURCESSTATE 71 #2STCONTANGO RESOU

Oil & Gas Sales on State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-264576STATE 71 2STOct 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STSep 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STAug 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STJul 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STJun 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STMay 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STApr 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STMar 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STFeb 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STJan 2025CONTANGO RESOURCES, LLC
08-264576STATE 71 2STDec 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STNov 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STJun 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STApr 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STMar 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STFeb 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STJan 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STDec 2023CONTANGO RESOURCES, LLC
08-264576STATE 71 2STNov 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STOct 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STSep 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STAug 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJul 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJun 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STMay 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC