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 - Oct 2024
Total Oil Production2,069,262 BBLs
Total Gas Production25,531,264 MCF
Recent Oil Production12,724 BBLs in Sep 2024
Recent Gas Production374,861 MCF in Sep 2024
Wells on Property7

Our Valuation Estimates for Spectacular Bid

ShaleAssessment

Not Available

MarketMultiple

$2,802,126 **

* 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 Oct 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, TX7,529 BBLs189,953 MCFOct 2024
Agile 19-18 State UnitCulberson County, TX45,144 BBLs742,311 MCFOct 2024
Big BrownCulberson County, TX3,304 BBLs41,713 MCFOct 2024
Bold Venture 20Culberson County, TX18,416 BBLs446,424 MCFOct 2024
Brokers Tip 24 State UnitCulberson County, TX10,500 BBLs272,755 MCFOct 2024
Elwood 29Culberson County, TX4,513 BBLs53,584 MCFOct 2024
Exterminator 42 StateCulberson County, TX2 BBLs574 MCFOct 2024
Funny Cide 32Culberson County, TX1,252 BBLs17,307 MCFOct 2024
Go For Gin 27 State UnitCulberson County, TX17,228 BBLs455,345 MCFOct 2024
Hindoo 2Culberson County, TX403 BBLs20,380 MCFOct 2024
Huey State 24Culberson County, TX19,829 BBLs696,815 MCFOct 2024
LookoutCulberson County, TX0 BBLs0 MCFApr 2024
Lord Murphy 10 StateCulberson County, TX2,485 BBLs41,137 MCFOct 2024
Nyquist 25 State UnitCulberson County, TX4,243 BBLs68,694 MCFOct 2024
Seattle Slew 42 State UnitCulberson County, TX0 BBLs0 MCFAug 2024
Sheriff Bart State 36Culberson County, TX1,148 BBLs88,945 MCFOct 2024
Sheriff Bart State 36 4haCulberson County, TX1,213 BBLs30,168 MCFOct 2024
Sir Barton 4 SCulberson County, TX10,095 BBLs250,175 MCFOct 2024
Smarty Jones 42 State UnitCulberson County, TX1,120 BBLs15,925 MCFOct 2024
Whirlaway 38 State 1HCulberson County, TX98 BBLs11,048 MCFOct 2024

Companies in the Area

These are the closest 6 companies operating near the Spectacular Bid property.

Company Name
Capitan Energy, Incorporated
Charger Shale Oil Operating, LLC
Cimarex Energy Co
Devon Energy Production Company LP
Permian Resources Operating, LLC
Scala Energy Operating, LLC

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 1HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291547SPECTACULAR BID 22 STATE UNIT 1HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291547SPECTACULAR BID 22 STATE UNIT 1HOct 2024CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HOct 2024CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HOct 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291547SPECTACULAR BID 22 STATE UNIT 1HOct 2024PLAINS MARKETING, L.P.CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291548SPECTACULAR BID 22 STATE UNIT 4HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291548SPECTACULAR BID 22 STATE UNIT 4HOct 2024CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HOct 2024CIMAREX ENERGY CO.
08-291548SPECTACULAR BID 22 STATE UNIT 4HOct 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291611SPECTACULAR BID 22 STATE UNIT 3HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291611SPECTACULAR BID 22 STATE UNIT 3HOct 2024CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HOct 2024CIMAREX ENERGY CO.
08-291611SPECTACULAR BID 22 STATE UNIT 3HOct 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291612SPECTACULAR BID 22 STATE UNIT 5HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291612SPECTACULAR BID 22 STATE UNIT 5HOct 2024CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HOct 2024CIMAREX ENERGY CO.
08-291612SPECTACULAR BID 22 STATE UNIT 5HOct 2024CIMAREX ENERGY CO.CIMAREX ENERGY CO.
08-291889SPECTACULAR BID 22 STATE UNIT 2HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291889SPECTACULAR BID 22 STATE UNIT 2HOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-291889SPECTACULAR BID 22 STATE UNIT 2HOct 2024CIMAREX ENERGY CO.
08-291889SPECTACULAR BID 22 STATE UNIT 2HOct 2024CIMAREX ENERGY CO.