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 - Oct 2025
Total Oil Production43 BBLs
Total Gas Production30,376,825 MCF
Recent Oil Production0 BBLs in Oct 2025
Recent Gas Production3,493 MCF in Oct 2025
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$331,017 **

* 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 Oct 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 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

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, TX1,132 BBLs6,015 MCFNov 2025
Expedition State Unit 71-67Reeves County, TX7,130 BBLs71,123 MCFOct 2025
Goldfinger State Unit 71-67Reeves County, TX11,581 BBLs102,946 MCFNov 2025
Greybull 55-4Reeves County, TX64 BBLs4 MCFNov 2025
Harrison State Unit 12-24-16Reeves County, TX3,834 BBLs10,355 MCFOct 2025
Herc State 6-1Reeves County, TX21,783 BBLs182,705 MCFNov 2025
Jupiter 2-36Reeves County, TX2,005 BBLs0 MCFNov 2025
Langley 2-36Reeves County, TX1,604 BBLs0 MCFNov 2025
Maisie State 10Reeves County, TX86 BBLs1,202 MCFNov 2025
RangerReeves County, TX9,530 BBLs77,297 MCFNov 2025
Santa Rosa 54-4-3 1HReeves County, TX1,814 BBLs5,748 MCFNov 2025
SieversReeves County, TX969 BBLs3,402 MCFNov 2025
Sievers 2-35Reeves County, TX44,387 BBLs349,094 MCFNov 2025
Skyfall StateReeves County, TX51,953 BBLs276,309 MCFNov 2025
SMR U08hReeves County, TX796 BBLs2,907 MCFNov 2025
South Mitre 2 UnitReeves County, TX7,862 BBLs56,347 MCFNov 2025
Tarantula Hawk 2-40Reeves County, TX1,426 BBLs3,692 MCFNov 2025
Thunderball State 4-67 UReeves County, TX20,537 BBLs110,317 MCFNov 2025
Williamsburg 54-4-5 1HReeves County, TX1,065 BBLs8,226 MCFNov 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
Coterra Energy Operating Co.
Diamondback E&P LLC
Energen Resources Corporation
Eqv Operating LLC
Greenlake Energy Operating, LLC
Helmerich & Payne, Inc.
Hillin Prod. Co.
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
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