State Forest 55-T2-18X19 1H

Oil & Gas Property in Loving County, TX

Property Summary

Key data points for State Forest 55-T2-18X19 1H

CountyLoving County, TX
OperatorBPX OPERATING COMPANY
Production DatesJan 2016 - Dec 2024
Total Oil Production538,631 BBLs
Total Gas Production1,990,782 MCF
Recent Oil Production3,336 BBLs in Nov 2024
Recent Gas Production12,902 MCF in Nov 2024
Wells on Property1

Our Valuation Estimates for State Forest 55-T2-18X19 1H

ShaleAssessment

$104,768 *

MarketMultiple

$577,902 **

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

Based on a decimal interest

State Forest 55-T2-18X19 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 Forest 55-T2-18X19 1H
from Jan 2016 to Dec 2024

Wells on State Forest 55-T2-18X19 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-301-32752STATE FOREST 55-T2-18X19 1HBPX OPERATING COMPANYProducingLoving County, TX31.853694-103.803047

Leases included in State Forest 55-T2-18X19 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-281230STATE FOREST 55-T2-18X19 1HBPX OPERATING COMPANYLoving County, TX

Nearby Properties

These are the closest 20 properties to the State Forest 55-T2-18X19 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Big Cypress 56-2-13 1HLoving County, TX2,890 BBLs9,951 MCFDec 2024
Bonsai 56-2-13-25 E 78HLoving County, TX9,320 BBLs38,811 MCFDec 2024
Bonsai State 56-2-13-25Reeves County, TX24,268 BBLs129,811 MCFDec 2024
Boz 55-2-6 UnitLoving County, TX4,530 BBLs4,638 MCFDec 2024
Cherry 56-2-13-1 FLoving County, TX7,353 BBLs24,868 MCFDec 2024
Cherry State 56-2-13-1Loving County, TX38,993 BBLs260,724 MCFDec 2024
HarrellLoving County, TX0 BBLs0 MCFAug 2019
Jumpstart 55-2-6 Unit 1HLoving County, TX3,281 BBLs3,810 MCFDec 2024
Lindsay 11Loving County, TX0 BBLs0 MCFDec 2019
Mary Swain HarrellLoving County, TX73,374 BBLs812,853 MCFDec 2024
Medicine Bow 56-2-1 UnitLoving County, TX2,728 BBLs2,770 MCFDec 2024
Spruce 56-2-13 Unit 1HReeves County, TX3,030 BBLs15,333 MCFDec 2024
StateLoving County, TX1,701 BBLs5,505 MCFDec 2024
State Blankenship 56-T2-14X11Reeves County, TX7,661 BBLs45,958 MCFDec 2024
State Camp 56-T2-14X11Reeves County, TX7,419 BBLs36,584 MCFDec 2024
State Daltexas Ranger 56-T2-2X11Reeves County, TX369 BBLs72,940 MCFDec 2024
State Desert 55-T2-18 1HLoving County, TX2,271 BBLs9,582 MCFDec 2024
State Pacific 55-T2-8Loving County, TX9,194 BBLs37,366 MCFDec 2024
TunstillLoving County, TX0 BBLs0 MCFDec 2019
TXL-UReeves County, TX0 BBLs0 MCFAug 2015

Frac'ing activity on State Forest 55-T2-18X19 1H

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-301-32752State Forest 55-T2-18X19 #1H
42-301-32752State Forest 55-T2-18X19

Owners of State Forest 55-T2-18X19 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BHP BILLITON PET (TXLA OP) COSTATE FOREST 55-T2-18X19BHP BILLITON PET
2024CONOCOPHILLIPS COMPANYSTATE FOREST 55-T2-18X19BHP BILLITON PET
2024CHEVRON USA INCSTATE FOREST 55-T2-18X19BHP BILLITON PET
2024TEXAS PACIFIC LAND TRUSTSTATE FOREST 55-T2-18X19BHP BILLITON PET

Oil & Gas Sales on State Forest 55-T2-18X19 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-281230STATE FOREST 55-T2-18X19 1HSep 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HSep 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HSep 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HAug 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HAug 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HAug 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HJul 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HJul 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HJul 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HJun 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HJun 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HJun 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HJun 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HMay 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HMay 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HMay 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HApr 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HApr 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HApr 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HMar 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HMar 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HMar 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HMar 2024BPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HFeb 2024BPX OPERATING COMPANYBPX OPERATING COMPANY
08-281230STATE FOREST 55-T2-18X19 1HFeb 2024BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY