State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State

CountyReeves County, TX
Production DatesApr 2007 - Dec 2023
Total Oil Production43 BBLs
Total Gas Production29,046,847 MCF
Recent Oil Production0 BBLs in Nov 2023
Recent Gas Production1,314 MCF in Nov 2023
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment

Not Available

MarketMultiple

$294,350 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State
from Apr 2007 to Dec 2023

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

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
Expedition State Unit 71-67Reeves County, TX12,027 BBLs124,954 MCFDec 2023
Goldfinger State Unit 71-67Reeves County, TX16,891 BBLs74,153 MCFDec 2023
Greybull 55-4Reeves County, TX877 BBLs44 MCFDec 2023
Harrison State Unit 12-24-16Reeves County, TX6,457 BBLs20,890 MCFDec 2023
Herc State 6-1Reeves County, TX25,258 BBLs240,347 MCFDec 2023
Jupiter 2-36Reeves County, TX2,178 BBLs5,239 MCFDec 2023
Langley 2-36Reeves County, TX2,227 BBLs2,604 MCFDec 2023
Maisie State 10Reeves County, TX2,523 BBLs8,996 MCFDec 2023
RangerReeves County, TX12,576 BBLs101,093 MCFDec 2023
Santa Rosa 54-4-3 1HReeves County, TX2,530 BBLs915 MCFDec 2023
SieversReeves County, TX981 BBLs1,766 MCFDec 2023
Sievers 2-35Reeves County, TX222,762 BBLs756,799 MCFDec 2023
Skyfall StateReeves County, TX8,131 BBLs54,549 MCFDec 2023
SMR U08hReeves County, TX884 BBLs2,557 MCFDec 2023
South Goat 2 UnitReeves County, TX9,302 BBLs45,782 MCFDec 2023
South Mitre 2 UnitReeves County, TX12,067 BBLs67,839 MCFDec 2023
Tarantula Hawk 2-40Reeves County, TX3,984 BBLs17,509 MCFDec 2023
Thunderball State 4-67 UReeves County, TX43,340 BBLs187,284 MCFDec 2023
Williamsburg 54-4-5 1HReeves County, TX2,738 BBLs10,907 MCFDec 2023

Owners of State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CONTANGO RESOURCESSTATE 71 #2STCONTANGO RESOU
2023EXEMPT-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 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
08-264576STATE 71 2STSep 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STAug 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJul 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJun 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STDec 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC
08-264576STATE 71 2STNov 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC
08-264576STATE 71 2STOct 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC
08-264576STATE 71 2STSep 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC
08-264576STATE 71 2STAug 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC
08-264576STATE 71 2STJul 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC
08-264576STATE 71 2STJun 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC