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 - Apr 2025
Total Oil Production43 BBLs
Total Gas Production29,829,438 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production47,752 MCF in Mar 2025
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$243,112 **

* 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 Apr 2025

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 1Contango Resources, LLCTemp AbandonedReeves County, TX31.644301-103.709746
42-389-32434STATE 67 1FOREST OIL CORPORATIONPermitted LocationReeves County, TX31.648386-103.702735
42-389-32441STATE 71 1RContango Resources, LLCTemp AbandonedReeves County, TX31.644301-103.709746
42-389-32553STATE 71 2STContango Resources, LLCProducingReeves County, TX31.638881-103.707940

Leases included in State

Lease #Lease NameOperatorCountyMonthly Gas Prod.
08-264576STATE 71 2STContango Resources, LLCReeves County, TX
08-279295STATE 71 1Contango Resources, LLCReeves County, TX
08-280130STATE 71 1RContango Resources, 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, TX998 BBLs3,899 MCFApr 2025
Expedition State Unit 71-67Reeves County, TX8,541 BBLs94,299 MCFMar 2025
Goldfinger State Unit 71-67Reeves County, TX13,937 BBLs131,372 MCFApr 2025
Greybull 55-4Reeves County, TX512 BBLs621 MCFApr 2025
Harrison State Unit 12-24-16Reeves County, TX6,375 BBLs29,331 MCFMar 2025
Herc State 6-1Reeves County, TX24,905 BBLs200,440 MCFApr 2025
Jupiter 2-36Reeves County, TX2,035 BBLs2,225 MCFApr 2025
Langley 2-36Reeves County, TX1,880 BBLs2,466 MCFApr 2025
Maisie State 10Reeves County, TX855 BBLs3,400 MCFApr 2025
RangerReeves County, TX10,797 BBLs78,033 MCFApr 2025
Santa Rosa 54-4-3 1HReeves County, TX2,033 BBLs4,920 MCFApr 2025
SieversReeves County, TX966 BBLs1,788 MCFApr 2025
Sievers 2-35Reeves County, TX56,043 BBLs341,767 MCFApr 2025
Skyfall StateReeves County, TX91,845 BBLs467,942 MCFApr 2025
SMR U08hReeves County, TX254 BBLs2,400 MCFApr 2025
South Mitre 2 UnitReeves County, TX10,304 BBLs61,280 MCFApr 2025
Tarantula Hawk 2-40Reeves County, TX101 BBLs127 MCFApr 2025
Thunderball State 4-67 UReeves County, TX23,104 BBLs124,402 MCFApr 2025
Williamsburg 54-4-5 1HReeves County, TX2,862 BBLs8,150 MCFApr 2025

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
Diamondback E&P LLC
Energen Resources Corporation
EOG Resources, Inc.
Eqv Operating LLC
Helmerich & Payne, Inc.
Hillin Prod. Co.
Norwood, A. N., Inc.
Notting Hill Energy LLC
Panther Exploration, LLC
R K Petroleum Corp.
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
2024CONTANGO RESOURCESSTATE 71 #2STCONTANGO RESOU
2024EXEMPT-STATE OF TEXASSTATE 71 #2STCONTANGO RESOU

Oil & Gas Sales on State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
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
08-264576STATE 71 2STApr 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STMar 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STFeb 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJan 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STDec 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STNov 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STOct 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC