State Tract

Oil & Gas Property in Aransas County, TX

Property Summary

Key data points for State Tract

CountyAransas County, TX
Production DatesSep 2017 - Sep 2024
Total Oil Production767 BBLs
Total Gas Production145,820 MCF
Recent Oil Production2 BBLs in Aug 2024
Recent Gas Production29 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for State Tract

ShaleAssessment

$19 *

MarketMultiple

$407 **

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

Based on a decimal interest

State Tract Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Tract
from Sep 2017 to Sep 2024

Wells on State Tract

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-007-30660STATE TRACT 3 1ENERGY DEVELOPMENT CORP. - N. J.Sidetrack Well Surface LocationAransas County, TX28.128701-96.912233
42-007-30694STATE TRACT 2 1ENERGY DEVELOPMENT CORP. - N. J.Sidetrack Well Surface LocationAransas County, TX28.128732-96.912157
42-007-30929STATE TRACT 1 88HILCORP ENERGY COMPANYProducingAransas County, TX28.146474-96.927771

Leases included in State Tract

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
04-091944STATE TRACT 3 1ENERGY DEVELOPMENT CORP.Aransas County, TX
04-282659STATE TRACT 1 88HILCORP ENERGY COMPANYAransas County, TX

Operators Associated With State Tract

Nearby Properties

These are the closest 2 properties to the State Tract property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
State TractCalhoun County, TX156 BBLs0 MCFSep 2024
Tatton V.HAransas County, TX770 BBLs19,555 MCFSep 2024

Companies in the Area

These are the closest 5 companies operating near the State Tract property.

Company Name
Davis Gulf Coast, Inc.
Houston Oil & Minerals Corp.
Mitchell Energy Corp
TR Offshore, LLC
Wagner Oil Company

Owners of State Tract

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HILCORP ENERGY COMPANYSTATE TRACT 1 W#88HILCORP ENERGY COMPA

Oil & Gas Sales on State Tract

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-282659STATE TRACT 1 88Jul 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jul 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jul 2024TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jun 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jun 2024TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jun 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88May 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88May 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88May 2024TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Apr 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Apr 2024TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Apr 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Mar 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Mar 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Mar 2024TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Feb 2024TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Feb 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Feb 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jan 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jan 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Jan 2024TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Dec 2023TARGA SOUTHTEX MIDSTREAM MARKETING COMPANY LTD.HILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Dec 2023SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Dec 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-282659STATE TRACT 1 88Nov 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY