State Tract

Oil & Gas Property in High Island Large Block Offshore, TX

  2. Texas
  3. High Island Large Block Offshore, TX
  4. Oil & Gas Properties in High Island Large Block Offshore, TX
  5. State Tract Oil & Gas Property

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Property Summary

Key data points for State Tract

CountiesGalveston County, TX
High Island Small Block Offshore, TX
High Island Large Block Offshore, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production41,240 BBLs
Total Gas Production1,959 MCF
Recent Oil Production1,099 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property12

Our Valuation Estimates for State Tract

ShaleAssessment™

Not Available

MarketMultiple™

$168,562 **

* 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 Jan 1993 to Aug 2024

Wells on State Tract

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-167-02110STATE TRACT 118 1 LSidetrack Well Surface LocationGalveston County, TX29.538290-94.417650
42-167-02111STATE TRACT 118 4Sidetrack Well Surface LocationGalveston County, TX29.538173-94.417956
42-167-02116STATE TRACT 119 1Sidetrack Well Surface LocationGalveston County, TX29.547591-94.392624
42-167-31097STATE TRACT 118-S 1TENNECO OIL COMPANY-TGCDSidetrack Well Surface LocationGalveston County, TX29.540500-94.418563
42-167-31537STATE TRACT 118 6HOUSTON OIL PROD ENTERPRISES,INCSidetrack Well Surface LocationGalveston County, TX29.540355-94.418642
42-167-31544STATE TRACT 118 7HOUSTON OIL PROD ENTERPRISES,INCProducingGalveston County, TX29.540395-94.418632
42-606-00041STATE TRACT 118 5Plugged Oil WellHigh Island Small Block Offshore, TX29.529226-94.417037
42-606-30153STATE TRACT 118-S 2TENNECO OIL COMPANY-TGCDCanceled LocationHigh Island Small Block Offshore, TX29.524086-94.418666
42-606-30154STATE TRACT 118-S 1TENNECO OIL COMPANY-TGCDCanceled LocationHigh Island Small Block Offshore, TX29.531758-94.413712
42-708-30214STATE TRACT 27-L 1CABOT CORP.Plugged Gas WellHigh Island Large Block Offshore, TX29.498384-94.394135
42-708-30222STATE TRACT 27-L SW/4 2CABOT CORP.Dry HoleHigh Island Large Block Offshore, TX29.491252-94.397769
42-708-30302STATE TRACT 27-L 3IMPERIAL RESOURCES, INC.Plugged Gas WellHigh Island Large Block Offshore, TX29.505825-94.386132

Leases included in State Tract

Lease #Lease NameOperatorCountyMonthly Oil Prod.
03-073534STATE TRACT 27-L 1IMPERIAL RESOURCES, INC.High Island Large Block Offshore, TX
03-07649STATE TRACT 118MECOM, JOHN W.Galveston County, TX
03-07896STATE TRACT 119MECOM, JOHN W.Galveston County, TX
03-115012STATE TRACT 27-L 3IMPERIAL RESOURCES, INC.High Island Large Block Offshore, TX
03-19219STATE TRACT 118-STENNECO OIL COMPANY-TGCDGalveston County, TX
03-19243STATE TRACT 118-5FINA OIL & CHEMICAL COMPANYGalveston County, TX
03-21477STATE TRACT 118-SMAGNUM PRODUCING & OPERATING CO.Galveston County, TX
03-28007STATE TRACT 118HOUSTON OIL PROD ENTERPRISES,INCGalveston County, TX

Operators Associated With State Tract

Nearby Properties

These are the closest 13 properties to the State Tract property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CadeGalveston County, TX1,860 BBLs2,558 MCFAug 2024
Clark A.FGalveston County, TX0 BBLs0 MCFOct 2023
Gulf Interstate FeeGalveston County, TX0 BBLs0 MCFJul 2020
League, Nellie B. EtalGalveston County, TX0 BBLs0 MCFAug 2024
Marrs McLeanGalveston County, TX0 BBLs0 MCFSep 2013
McLean MarrsGalveston County, TX0 BBLs0 MCFMay 2014
McNeillGalveston County, TX18 BBLs0 MCFAug 2024
ObrienGalveston County, TX1 BBLs0 MCFAug 2024
Obrien Erin Etal Unit 1Galveston County, TX0 BBLs0 MCFDec 2016
Roberts-MuellerGalveston County, TX1,460 BBLs1 MCFAug 2024
Smith Charlotte E. R/AGalveston County, TX0 BBLs0 MCFApr 2020
Smith GeoGalveston County, TX23 BBLs0 MCFAug 2024
Sun FeeGalveston County, TX1 BBLs0 MCFJul 2024

Companies in the Area

These are the closest 12 companies operating near the State Tract property.

Company Name
Amoco Production Co.
Caskids Operating Company
Continental Operating Co.
Erg Resources LLC
Erin Oil Co.
Houston Oil Prod Enterprises,Inc
Kga Oil Company, Inc.
Magnum Producing, LP
MW Petroleum Corporation
Placid Oil Company
Sandpoint Texas LLC
York E & P, LLC

Owners of State Tract

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HOUSTON OIL PRODUCING ENTSTATE TRACT 118HOUSTON OIL PR
2024COMMISSIONER GENERAL LANDSTATE TRACT 118HOUSTON OIL PR

Oil & Gas Sales on State Tract

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-28007STATE TRACT 118Aug 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Jul 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Jun 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118May 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Apr 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Mar 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Feb 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Jan 2024PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Dec 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Nov 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Oct 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Sep 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Aug 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Jul 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Jun 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118May 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Apr 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Mar 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Feb 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Jan 2023PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Nov 2022PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Oct 2022PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.
03-28007STATE TRACT 118Sep 2022PLAINS MARKETING, L.P.HOUSTON OIL PRODUCING ENTERPRISES, INC.