State Desert 55-T2-18 1H

Oil & Gas Property in Loving County, TX

Property Summary

Key data points for State Desert 55-T2-18 1H

CountyLoving County, TX
OperatorBPX OPERATING COMPANY
Production DatesOct 2014 - Jan 2025
Total Oil Production383,232 BBLs
Total Gas Production1,476,567 MCF
Recent Oil Production2,320 BBLs in Dec 2024
Recent Gas Production9,919 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for State Desert 55-T2-18 1H

ShaleAssessment

$54,048 *

MarketMultiple

$344,966 **

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

Based on a decimal interest

State Desert 55-T2-18 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Desert 55-T2-18 1H
from Oct 2014 to Jan 2025

Wells on State Desert 55-T2-18 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-301-32228STATE DESERT 55-T2-18 1HBPX OPERATING COMPANYProducingLoving County, TX31.855429-103.791639

Leases included in State Desert 55-T2-18 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-278922STATE DESERT 55-T2-18 1HBPX OPERATING COMPANYLoving County, TX

Nearby Properties

These are the closest 20 properties to the State Desert 55-T2-18 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Big Cypress 56-2-13 1HLoving County, TX3,231 BBLs10,566 MCFJan 2025
Bonsai 56-2-13-25 E 78HLoving County, TX9,622 BBLs42,071 MCFJan 2025
Bonsai State 56-2-13-25Reeves County, TX25,856 BBLs153,472 MCFJan 2025
Boz 55-2-6 UnitLoving County, TX4,916 BBLs11,553 MCFJan 2025
Cherry 56-2-13-1 FLoving County, TX3,747 BBLs12,004 MCFJan 2025
Cherry State 56-2-13-1Loving County, TX53,104 BBLs312,751 MCFJan 2025
HarrellLoving County, TX0 BBLs0 MCFAug 2019
Jumpstart 55-2-6 Unit 1HLoving County, TX4,221 BBLs8,025 MCFJan 2025
Lindsay 11Loving County, TX0 BBLs0 MCFDec 2019
Mary Swain HarrellLoving County, TX58,671 BBLs654,807 MCFJan 2025
Medicine Bow 56-2-1 UnitLoving County, TX3,151 BBLs5,576 MCFJan 2025
Spruce 56-2-13 Unit 1HReeves County, TX3,156 BBLs15,827 MCFJan 2025
StateLoving County, TX1,635 BBLs5,190 MCFJan 2025
State Blankenship 56-T2-14X11Reeves County, TX7,681 BBLs44,964 MCFJan 2025
State Daltexas Ranger 56-T2-2X11Reeves County, TX7,637 BBLs75,906 MCFJan 2025
State Forest 55-T2-18X19 1HLoving County, TX3,287 BBLs12,295 MCFJan 2025
State Pacific 55-T2-8Loving County, TX9,467 BBLs38,581 MCFJan 2025
Tahiti 55-2-1Loving County, TX3,139 BBLs9,956 MCFJan 2025
TunstillLoving County, TX0 BBLs0 MCFDec 2019
VJ RanchLoving County, TX78,327 BBLs575,993 MCFJan 2025

Frac'ing activity on State Desert 55-T2-18 1H

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-301-32228State Desert 55-T2-18 #1H

Owners of State Desert 55-T2-18 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BHP BILLITON PET (TXLA OP) COSTATE DESERT 55-2-18BHP BILLITON PET
2024WILLIAMSON TERRY LSTATE DESERT 55-2-18BHP BILLITON PET
2024BHP BILLITON PET (TXLA OP) COSTATE DESERT 55-2-18BHP BILLITON PET
2024OM MANI PADME HUM LLCSTATE DESERT 55-2-18BHP BILLITON PET
2024SITIO PERMIAN LLCSTATE DESERT 55-2-18BHP BILLITON PET
2024SPRINGWOOD MINERALS 6 LPSTATE DESERT 55-2-18BHP BILLITON PET

Oil & Gas Sales on State Desert 55-T2-18 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-278922STATE DESERT 55-T2-18 1HSep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HSep 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HSep 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HAug 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HAug 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HAug 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HJul 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HJul 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HJul 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HJun 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HJun 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HJun 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HJun 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HMay 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HMay 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HMay 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HApr 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HApr 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HApr 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HMar 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HMar 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HMar 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HMar 2024BPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HFeb 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-278922STATE DESERT 55-T2-18 1HFeb 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY