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 - Oct 2024
Total Oil Production532,049 BBLs
Total Gas Production5,861,456 MCF
Recent Oil Production3,070 BBLs in Sep 2024
Recent Gas Production73,155 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Mustang State Unit

ShaleAssessment

$4,493 *

MarketMultiple

$495,013 **

* 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 Oct 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, TX3,236 BBLs82,225 MCFOct 2024
Colt 45 State UnitCulberson County, TX0 BBLs0 MCFMar 2024
Cosmo Daltex Unit 45-4Reeves County, TX413 BBLs48,925 MCFOct 2024
Dale StateCulberson County, TX3,139 BBLs97,285 MCFOct 2024
Daltex MunnCulberson County, TX1,548 BBLs57,473 MCFOct 2024
Dorothy State 12 1HCulberson County, TX734 BBLs15,245 MCFOct 2024
Fortress State UnitCulberson County, TX928 BBLs27,323 MCFOct 2024
Horseshoesprings State 113-10Culberson County, TX5,566 BBLs135,267 MCFOct 2024
Horseshoespringsstate113-24X1 1HCulberson County, TX1,480 BBLs6,664 MCFOct 2024
HS State 113Culberson County, TX14,238 BBLs400,133 MCFOct 2024
HSS StateCulberson County, TX1,398 BBLs34,385 MCFOct 2024
James Fee 6Culberson County, TX4,919 BBLs79,928 MCFOct 2024
Lee Caldwell State UnitCulberson County, TX0 BBLs0 MCFJan 2023
OatmanReeves County, TX36,382 BBLs842,525 MCFOct 2024
Reeves-StateReeves County, TX0 BBLs0 MCFJun 2017
StateReeves County, TX12,376 BBLs265,276 MCFOct 2024
State Hope Springs 113-23X14 W108HCulberson County, TX4,946 BBLs73,003 MCFOct 2024
Strategery State UnitReeves County, TX6,615 BBLs133,362 MCFOct 2024
Thunderbolt State 1HCulberson County, TX796 BBLs19,480 MCFOct 2024
Wise West StateCulberson County, TX1,248 BBLs38,771 MCFOct 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
08-286482MUSTANG STATE UNIT 20HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HSep 2024SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HSep 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-286482MUSTANG STATE UNIT 20HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-280048MUSTANG STATE UNIT 1HAug 2024SHELL TRADING (US) COMPANY1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HAug 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287253MUSTANG STATE UNIT 22HAug 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
08-287253MUSTANG STATE UNIT 22HJul 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
08-287253MUSTANG STATE UNIT 22HJul 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
08-286482MUSTANG STATE UNIT 20HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC
08-287250MUSTANG STATE UNIT 21HJun 2024DELAWARE BASIN MIDSTREAM LLC1920 ENERGY, LLC