Mustang State Unit

Oil & Gas Property in Culberson County, TX

Property Summary

Key data points for Mustang State Unit

CountyCulberson County, TX
Production DatesOct 2015 - Sep 2024
Total Oil Production529,450 BBLs
Total Gas Production5,935,896 MCF
Recent Oil Production2,825 BBLs in Aug 2024
Recent Gas Production70,615 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Mustang State Unit

ShaleAssessment

$4,616 *

MarketMultiple

$552,844 **

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

Based on a decimal interest

Mustang State Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Mustang State Unit
from Oct 2015 to Sep 2024

Wells on Mustang State Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-109-32859MUSTANG STATE UNIT 1H1920 ENERGY, LLCProducingCulberson County, TX31.678649-104.120361
42-109-33298MUSTANG STATE UNIT 20H1920 ENERGY, LLCProducingCulberson County, TX31.677558-104.129852
42-109-33435MUSTANG STATE UNIT 21H1920 ENERGY, LLCProducingCulberson County, TX31.677561-104.129756
42-109-33436MUSTANG STATE UNIT 22H1920 ENERGY, LLCProducingCulberson County, TX31.677562-104.129707

Leases included in Mustang State Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-280048MUSTANG STATE UNIT 1H1920 ENERGY, LLCCulberson County, TX
08-286482MUSTANG STATE UNIT 20H1920 ENERGY, LLCCulberson County, TX
08-287250MUSTANG STATE UNIT 21H1920 ENERGY, LLCCulberson County, TX
08-287253MUSTANG STATE UNIT 22H1920 ENERGY, LLCCulberson County, TX
08-47096MUSTANG STATE UNITCARRIZO (PERMIAN) LLCCulberson County, TX
08-50784MUSTANG STATE UNITCARRIZO (PERMIAN) LLCCulberson County, TX

Operators Associated With Mustang State Unit

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Big Red State Unit 32Culberson County, TX3,351 BBLs74,121 MCFSep 2024
Colt 45 State UnitCulberson County, TX0 BBLs0 MCFMar 2024
Cosmo Daltex Unit 45-4Reeves County, TX598 BBLs38,258 MCFSep 2024
Dale StateCulberson County, TX2,356 BBLs72,795 MCFSep 2024
Daltex MunnCulberson County, TX1,364 BBLs59,105 MCFSep 2024
Dorothy State 12 1HCulberson County, TX772 BBLs14,313 MCFSep 2024
Fortress State UnitCulberson County, TX743 BBLs21,284 MCFSep 2024
Horseshoesprings State 113-10Culberson County, TX6,399 BBLs141,409 MCFSep 2024
Horseshoespringsstate113-24X1 1HCulberson County, TX4,216 BBLs10,810 MCFSep 2024
HS State 113Culberson County, TX16,465 BBLs484,679 MCFSep 2024
HSS StateCulberson County, TX2,486 BBLs52,107 MCFSep 2024
Lee Caldwell State UnitCulberson County, TX0 BBLs0 MCFJan 2023
OatmanReeves County, TX37,637 BBLs841,069 MCFSep 2024
Reeves-StateReeves County, TX0 BBLs0 MCFJun 2017
StateReeves County, TX13,341 BBLs323,716 MCFSep 2024
State Hope Springs 113-23X14 W108HCulberson County, TX3,123 BBLs44,821 MCFSep 2024
State J. E. Liles 6Culberson County, TX1,135 BBLs34,299 MCFSep 2024
Strategery State UnitReeves County, TX6,726 BBLs140,476 MCFSep 2024
Thunderbolt State 1HCulberson County, TX964 BBLs20,790 MCFSep 2024
Wise West StateCulberson County, TX1,272 BBLs45,409 MCFSep 2024

Owners of Mustang State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
20241920 ENERGY LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC
2024WISE ASSET NO 11 LTDMUSTANG STATE UNIT 22H1920 ENERGY LLC
20241920 ENERGY LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
20241920 ENERGY LLCMUSTANG STATE UNIT 21H1920 ENERGY LLC
2024WISE ASSET NO 11 LTDMUSTANG STATE UNIT 20H1920 ENERGY LLC
2024WISE ASSET NO 11 LTDMUSTANG STATE UNIT 21H1920 ENERGY LLC
2024CHAMBERS DE MINERALS LLCMUSTANG STATE UNIT 22H1920 ENERGY LLC
2024CHAMBERS DE MINERALS LLCMUSTANG STATE UNIT 20H1920 ENERGY LLC
Displaying 8 of 85 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Mustang State Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-287253MUSTANG STATE UNIT 22HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJul 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HJun 2024SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HMay 2024SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HMay 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HMay 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HMay 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HMay 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HMay 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HMay 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HApr 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HApr 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HApr 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HApr 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HApr 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC