State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State

CountyReeves County, TX
Production DatesApr 2007 - Feb 2026
Total Oil Production43 BBLs
Total Gas Production30,390,994 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production4,639 MCF in Feb 2026
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment

Not Available

MarketMultiple

$173,400 **

* 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 Feb 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 NameOperatorCountyMonthly Gas Prod.
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

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, TX908 BBLs4,631 MCFMar 2026
Expedition State Unit 71-67Reeves County, TX0 BBLs0 MCFJan 2026
Goldfinger State Unit 71-67Reeves County, TX9,134 BBLs83,870 MCFMar 2026
Greybull 55-4Reeves County, TX62 BBLs3 MCFMar 2026
Harrison State Unit 12-24-16Reeves County, TX0 BBLs0 MCFJan 2026
Herc State 6-1Reeves County, TX16,606 BBLs141,128 MCFMar 2026
Jupiter 2-36Reeves County, TX1,845 BBLs2,421 MCFMar 2026
Langley 2-36Reeves County, TX1,529 BBLs1,904 MCFMar 2026
Maisie State 10Reeves County, TX670 BBLs2,996 MCFMar 2026
RangerReeves County, TX7,967 BBLs59,521 MCFMar 2026
Santa Rosa 54-4-3 1HReeves County, TX1,494 BBLs3,630 MCFMar 2026
SieversReeves County, TX275 BBLs798 MCFMar 2026
Sievers 2-35Reeves County, TX36,963 BBLs281,949 MCFMar 2026
Skyfall StateReeves County, TX46,058 BBLs290,070 MCFMar 2026
SMR U08hReeves County, TX825 BBLs3,864 MCFMar 2026
South Mitre 2 UnitReeves County, TX6,505 BBLs47,050 MCFMar 2026
Tarantula Hawk 2-40Reeves County, TX1,547 BBLs4,431 MCFMar 2026
Thunderball State 4-67 UReeves County, TX18,900 BBLs104,723 MCFMar 2026
Williamsburg 54-4-5 1HReeves County, TX1,194 BBLs7,700 MCFMar 2026

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 2STFeb 2026CRESCENT ENERGY OPERATING, LLC
08-264576STATE 71 2STJan 2026CRESCENT ENERGY OPERATING, LLC
08-264576STATE 71 2STOct 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STSep 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STAug 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STJul 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STJun 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STMay 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STApr 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STMar 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STFeb 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STJan 2025AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STDec 2024AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STNov 2024AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STJun 2024AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STApr 2024AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STMar 2024AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STFeb 2024AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STJan 2024AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STDec 2023AETHEL ENERGY OPCO LLC
08-264576STATE 71 2STNov 2023ENTERPRISE PRODUCTS OPERATING LLCAETHEL ENERGY OPCO LLC
08-264576STATE 71 2STOct 2023ENTERPRISE PRODUCTS OPERATING LLCAETHEL ENERGY OPCO LLC
08-264576STATE 71 2STSep 2023ENTERPRISE PRODUCTS OPERATING LLCAETHEL ENERGY OPCO LLC
08-264576STATE 71 2STAug 2023ENTERPRISE PRODUCTS OPERATING LLCAETHEL ENERGY OPCO LLC
08-264576STATE 71 2STJul 2023ENTERPRISE PRODUCTS OPERATING LLCAETHEL ENERGY OPCO LLC