Toro 32 State

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Toro 32 State Oil & Gas Property

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Property Summary

Key data points for Toro 32 State

CountyReeves County, TX
OperatorCHEVRON USA INC
Production DatesApr 2015 - Nov 2025
Total Oil Production534,251 BBLs
Total Gas Production1,002,611 MCF
Recent Oil Production383 BBLs in Oct 2025
Recent Gas Production280 MCF in Oct 2025
Wells on Property1

Our Valuation Estimates for Toro 32 State

ShaleAssessment™

$123,467 *

MarketMultiple™

$20,441 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Toro 32 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Toro 32 State
from Apr 2015 to Nov 2025

Wells on Toro 32 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34595TORO 32 STATE 1HCHEVRON U. S. A. INC.ProducingReeves County, TX31.229032-103.340306

Leases included in Toro 32 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-47266TORO 32 STATECHEVRON U. S. A. INC.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the Toro 32 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Chevron Minerals 37Reeves County, TX342 BBLs212 MCFNov 2025
Cooper 27-2Reeves County, TX12,520 BBLs48,284 MCFNov 2025
East Toro 32 State UnitReeves County, TX392 BBLs758 MCFNov 2025
Gazelle 23Reeves County, TX670 BBLs1,215 MCFNov 2025
Gorilla 20Reeves County, TX1,757 BBLs2,421 MCFNov 2025
Hightower StateReeves County, TX4,032 BBLs10,251 MCFNov 2025
HouserReeves County, TX13,631 BBLs32,843 MCFNov 2025
Jackal State 28Reeves County, TX3,511 BBLs4,965 MCFNov 2025
Janey 24-25 West State UnitReeves County, TX7,494 BBLs27,543 MCFNov 2025
Janey State 24Reeves County, TX4,923 BBLs12,615 MCFNov 2025
Lion StateReeves County, TX1,764 BBLs3,400 MCFNov 2025
McCullough 35-38Reeves County, TX3,907 BBLs10,398 MCFNov 2025
Mosaic State Unit 33-34Reeves County, TX19,426 BBLs35,884 MCFOct 2025
ReevesReeves County, TX12,710 BBLs1,790 MCFNov 2025
Reeves TXL FeeReeves County, TX223 BBLs98,840 MCFNov 2025
Reeves TXL Fee T7-50Reeves County, TX34,079 BBLs201,084 MCFNov 2025
Regan-StateReeves County, TX83 BBLs0 MCFNov 2025
Rev GF State T7-50Reeves County, TX99,322 BBLs324,572 MCFNov 2025
Rialto 23Reeves County, TX431 BBLs0 MCFNov 2025
Verancia 50-26-27 UnitReeves County, TX21,480 BBLs39,688 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Toro 32 State property.

Company Name
Bluestone Natural Res. II, LLC
Centennial Resource Prod, LLC
Chevron USA Inc
COG Operating LLC
Exl Petroleum, LP
Forge Energy Operating, LLC
McDonnold Operating, Inc.
Oxy USA Inc
Oxy USA WTP LP
Par Minerals Corporation
Patriot Resources, Inc.
Permian Resources Operating, LLC
Quicksilver Resources Inc
Rio Oil And Gas (Permian) II,LLC
Texaco E & P Inc.
Thompson, J. Cleo
U. S. Energy Development Corporation
Vital Energy, Inc.
VTX Energy Operating, LLC
Waterbridge Texas Operating LLC

Owners of Toro 32 State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CHEVRON USA INC(WI)TORO 32 STATECHEVRON U. S.
2025EXEMPT-STATE OF TEXASTORO 32 STATECHEVRON U. S.
2025TEXCOT ENTERPRISESTORO 32 STATECHEVRON U. S.
2025SOUTHWEST ROYALTIES INCTORO 32 STATECHEVRON U. S.
2025PENROC OIL CORPTORO 32 STATECHEVRON U. S.
2025PURVIS OIL CORPTORO 32 STATECHEVRON U. S.
2025REATTA ENERGY INCTORO 32 STATECHEVRON U. S.
2025PC HUDSON OILFINDER LTDTORO 32 STATECHEVRON U. S.
Displaying 8 of 10 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Toro 32 State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-47266TORO 32 STATEMar 2025ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEFeb 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEJan 2025ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEDec 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEDec 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATENov 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEOct 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATESep 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATESep 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEAug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEAug 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEJul 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEJun 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEJun 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEMay 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEMay 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEApr 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEApr 2024ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEMar 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATEFeb 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-47266TORO 32 STATENov 2023ENTERPRISE CRUDE OIL LLCELK RIVER RESOURCES, LLC
08-47266TORO 32 STATENov 2023ET GATHERING & PROCESSING LLCCHEVRON U.S.A. INC.
08-47266TORO 32 STATEOct 2023ENTERPRISE CRUDE OIL LLCELK RIVER RESOURCES, LLC