State Lokai Unit

Oil & Gas Property in Ward County, TX

Property Summary

Key data points for State Lokai Unit

CountyWard County, TX
OperatorDIAMONDBACK E&P LLC
Production DatesAug 2017 - Apr 2025
Total Oil Production1,427,357 BBLs
Total Gas Production3,076,962 MCF
Recent Oil Production8,818 BBLs in Mar 2025
Recent Gas Production30,835 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for State Lokai Unit

ShaleAssessment

$98,423 *

MarketMultiple

$1,393,920 **

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

Based on a decimal interest

State Lokai Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Lokai Unit
from Aug 2017 to Apr 2025

Wells on State Lokai Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-475-37191STATE LOKAI UNIT 1001WADIAMONDBACK E&P LLCProducingWard County, TX31.385306-103.121167
42-475-37854STATE LOKAI UNIT 1002WADIAMONDBACK E&P LLCProducingWard County, TX31.390250-103.123050
42-475-37855STATE LOKAI UNIT 1003WADIAMONDBACK E&P LLCProducingWard County, TX31.390305-103.123125

Leases included in State Lokai Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49972STATE LOKAI UNITDIAMONDBACK E&P LLCWard County, TX

Nearby Properties

These are the closest 20 properties to the State Lokai Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Banker 70-71Ward County, TX26,287 BBLs123,332 MCFApr 2025
Black P. H. Et AlWard County, TX0 BBLs0 MCFAug 2019
Condiment King 6920Ward County, TX30,452 BBLs50,634 MCFMay 2025
EilandReeves County, TX45,599 BBLs90,610 MCFApr 2025
Eiland 0812a-GG HoustonWard County, TX6,827 BBLs22,660 MCFApr 2025
Hill DorothyWard County, TX0 BBLs0 MCFMay 2021
KisberWard County, TX56,956 BBLs121,945 MCFApr 2025
L Black 88-87Ward County, TX6,549 BBLs30,936 MCFApr 2025
Lockridge I. P. 1Ward County, TX1 BBLs36,069 MCFApr 2025
Morrison H. B. -AWard County, TX0 BBLs0 MCFMay 2022
Ranger StateWard County, TX23,058 BBLs51,913 MCFApr 2025
Reuss G. TWard County, TX0 BBLs32,964 MCFApr 2025
Sarah Hays 12-1S StateWard County, TX1,140 BBLs3,366 MCFApr 2025
State ArdennesWard County, TX17,512 BBLs48,915 MCFApr 2025
State EilandWard County, TX14,469 BBLs70,486 MCFApr 2025
State Eiland UnitWard County, TX21,342 BBLs44,856 MCFApr 2025
State Email Queen 1359 GGWard County, TX9,211 BBLs11,318 MCFApr 2025
State Red ShinerReeves County, TX985 BBLs923 MCFApr 2025
Venom 6261Ward County, TX23,035 BBLs66,031 MCFApr 2025
Whiskey River 0927Reeves County, TX11,145 BBLs36,422 MCFApr 2025

Frac'ing activity on State Lokai Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-475-37191STATE LOKAI UNIT 1001WA
42-475-37854State Lokai Unit 1002 WA
42-475-37855State Lokai Unit 1003 WA

Owners of State Lokai Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLC WISTATE LOKAI UNITDIAMONDBACK E&P LLC
2024SITIO PERMIAN LLCSTATE LOKAI UNITDIAMONDBACK E&P LLC
2024VIPER ENERGY PARTNERS LLCSTATE LOKAI UNITDIAMONDBACK E&P LLC
2024SPRINGWOOD MINERALS 6 LPSTATE LOKAI UNITDIAMONDBACK E&P LLC
2024VIPER ENERGY PARTNERS LLCSTATE LOKAI UNITDIAMONDBACK E&P LLC
2024PAYNE KATHERINESTATE LOKAI UNITDIAMONDBACK E&P LLC
2024ROSS RALPH LSTATE LOKAI UNITDIAMONDBACK E&P LLC
2024ROSS WILLIAM RSTATE LOKAI UNITDIAMONDBACK E&P LLC
Displaying 8 of 30 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Lokai Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49972STATE LOKAI UNITApr 2025VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITMar 2025VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITMar 2025DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITMar 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITFeb 2025VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITFeb 2025DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITFeb 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITJan 2025VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITJan 2025DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITJan 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITDec 2024VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITDec 2024DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITDec 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITNov 2024VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITNov 2024DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITNov 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITOct 2024EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITOct 2024VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITOct 2024DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITOct 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITSep 2024VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITSep 2024DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITSep 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITAug 2024VITOL INC.DIAMONDBACK E&P LLC
08-49972STATE LOKAI UNITAug 2024DIAMONDBACK E&P LLC