Spectacular Bid

Oil & Gas Property in Culberson County, TX

Property Summary

Key data points for Spectacular Bid

CountyCulberson County, TX
OperatorCIMAREX ENERGY CO
Production DatesJun 2021 - Aug 2024
Total Oil Production2,043,796 BBLs
Total Gas Production25,991,813 MCF
Recent Oil Production12,161 BBLs in Jul 2024
Recent Gas Production364,951 MCF in Jul 2024
Wells on Property7

Our Valuation Estimates for Spectacular Bid

ShaleAssessment

Not Available

MarketMultiple

$3,203,880 **

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

Based on a decimal interest

Spectacular Bid Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spectacular Bid
from Jun 2021 to Aug 2024

Wells on Spectacular Bid

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-109-32512SPECTACULAR BID 32 FEE 1HCIMAREX ENERGY CO.Horizontal Well Surface LocatioCulberson County, TX31.802733-104.298892
42-109-33670SPECTACULAR BID 22 STATE UNIT 1HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819494-104.262053
42-109-33671SPECTACULAR BID 22 STATE UNIT 2HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819494-104.261925
42-109-33672SPECTACULAR BID 22 STATE UNIT 3HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819494-104.261861
42-109-33673SPECTACULAR BID 22 STATE UNIT 4HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819547-104.253478
42-109-33674SPECTACULAR BID 22 STATE UNIT 5HCIMAREX ENERGY CO.ProducingCulberson County, TX31.819547-104.253350
42-109-33675SPECTACULAR BID 22 STATE UNIT 7HCIMAREX ENERGY CO.Horizontal Well Surface LocatioCulberson County, TX31.819500-104.262000

Leases included in Spectacular Bid

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-291547SPECTACULAR BID 22 STATE UNIT 1HCIMAREX ENERGY CO.Culberson County, TX
08-291548SPECTACULAR BID 22 STATE UNIT 4HCIMAREX ENERGY CO.Culberson County, TX
08-291611SPECTACULAR BID 22 STATE UNIT 3HCIMAREX ENERGY CO.Culberson County, TX
08-291612SPECTACULAR BID 22 STATE UNIT 5HCIMAREX ENERGY CO.Culberson County, TX
08-291889SPECTACULAR BID 22 STATE UNIT 2HCIMAREX ENERGY CO.Culberson County, TX
08-292962SPECTACULAR BID 22 STATE UNIT 7HCIMAREX ENERGY CO.Culberson County, TX

Nearby Properties

These are the closest 20 properties to the Spectacular Bid property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Affirmed 23 State UnitCulberson County, TX8,046 BBLs191,656 MCFAug 2024
Agile 19-18 State UnitCulberson County, TX51,761 BBLs732,976 MCFAug 2024
Big BrownCulberson County, TX3,072 BBLs37,391 MCFAug 2024
Bold Venture 20Culberson County, TX20,538 BBLs438,137 MCFAug 2024
Brokers Tip 24 State UnitCulberson County, TX10,105 BBLs264,669 MCFAug 2024
Elwood 29Culberson County, TX4,338 BBLs53,711 MCFAug 2024
Exterminator 42 StateCulberson County, TX10 BBLs1,491 MCFAug 2024
Funny Cide 32Culberson County, TX1,412 BBLs16,954 MCFAug 2024
Go For Gin 27 State UnitCulberson County, TX16,394 BBLs477,981 MCFAug 2024
Hindoo 2Culberson County, TX478 BBLs19,393 MCFAug 2024
Huey State 24Culberson County, TX22,198 BBLs730,038 MCFAug 2024
LookoutCulberson County, TX0 BBLs0 MCFApr 2024
Lord Murphy 10 StateCulberson County, TX2,777 BBLs42,462 MCFAug 2024
Nyquist 25 State UnitCulberson County, TX4,389 BBLs66,941 MCFAug 2024
Seattle Slew 42 State UnitCulberson County, TX8 BBLs0 MCFAug 2024
Sheriff Bart State 36Culberson County, TX1,268 BBLs97,740 MCFAug 2024
Sheriff Bart State 36 4haCulberson County, TX1,210 BBLs30,694 MCFAug 2024
Sir Barton 4 SCulberson County, TX9,187 BBLs237,060 MCFAug 2024
Smarty Jones 42 State UnitCulberson County, TX1,431 BBLs20,444 MCFAug 2024
Whirlaway 38 State 1HCulberson County, TX86 BBLs9,281 MCFAug 2024

Owners of Spectacular Bid

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2024CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2024CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2024CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2024CIMAREX ENERGY COMPANY (WI)SPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2024CHEVRON USA INCSPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2024CHEVRON USA INCSPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
2024CHEVRON USA INCSPECTACULAR BID 22 STATE UNITCIMAREX ENERGY
Displaying 8 of 45 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spectacular Bid

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-291547SPECTACULAR BID 22 STATE UNIT 1HAug 2024PLAINS MARKETING, L.P.CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291547SPECTACULAR BID 22 STATE UNIT 1HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291547SPECTACULAR BID 22 STATE UNIT 1HJul 2024CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HJul 2024CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HJul 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HJul 2024PLAINS MARKETING, L.P.CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291548SPECTACULAR BID 22 STATE UNIT 4HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291548SPECTACULAR BID 22 STATE UNIT 4HJul 2024CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HJul 2024CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HJul 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291611SPECTACULAR BID 22 STATE UNIT 3HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291611SPECTACULAR BID 22 STATE UNIT 3HJul 2024CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HJul 2024CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HJul 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291612SPECTACULAR BID 22 STATE UNIT 5HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291612SPECTACULAR BID 22 STATE UNIT 5HJul 2024CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HJul 2024CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HJul 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291889SPECTACULAR BID 22 STATE UNIT 2HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291889SPECTACULAR BID 22 STATE UNIT 2HJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291889SPECTACULAR BID 22 STATE UNIT 2HJul 2024CIMAREX ENERGY CO.