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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State

CountyReeves County, TX
Production DatesApr 2007 - Sep 2025
Total Oil Production43 BBLs
Total Gas Production30,373,332 MCF
Recent Oil Production0 BBLs in Aug 2025
Recent Gas Production117,265 MCF in Aug 2025
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$439,485 **

* 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 Sep 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, TX877 BBLs5,604 MCFSep 2025
Expedition State Unit 71-67Reeves County, TX7,623 BBLs81,970 MCFAug 2025
Goldfinger State Unit 71-67Reeves County, TX6,798 BBLs111,775 MCFSep 2025
Greybull 55-4Reeves County, TX1 BBLs4 MCFSep 2025
Harrison State Unit 12-24-16Reeves County, TX3,392 BBLs7,598 MCFAug 2025
Herc State 6-1Reeves County, TX16,851 BBLs132,811 MCFSep 2025
Jupiter 2-36Reeves County, TX2,263 BBLs4,822 MCFSep 2025
Langley 2-36Reeves County, TX1,719 BBLs4,846 MCFSep 2025
Maisie State 10Reeves County, TX1,148 BBLs4,468 MCFSep 2025
RangerReeves County, TX8,988 BBLs76,278 MCFSep 2025
Santa Rosa 54-4-3 1HReeves County, TX1,744 BBLs3,383 MCFSep 2025
SieversReeves County, TX716 BBLs1,814 MCFSep 2025
Sievers 2-35Reeves County, TX48,802 BBLs393,014 MCFSep 2025
Skyfall StateReeves County, TX68,673 BBLs361,115 MCFSep 2025
SMR U08hReeves County, TX602 BBLs5,029 MCFSep 2025
South Mitre 2 UnitReeves County, TX7,754 BBLs58,362 MCFSep 2025
Tarantula Hawk 2-40Reeves County, TX1,660 BBLs4,613 MCFSep 2025
Thunderball State 4-67 UReeves County, TX22,305 BBLs118,459 MCFSep 2025
Williamsburg 54-4-5 1HReeves County, TX1,257 BBLs9,242 MCFSep 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
Eqv Operating LLC
Greenlake Energy 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
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 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