State Tract

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

Property Summary

Key data points for State Tract

CountiesMatagorda Island Small Block Offshore, TX
Matagorda Island Large Block Offshore, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production1,897,466 BBLs
Total Gas Production5,896,855 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property23

Our Valuation Estimates for State Tract

ShaleAssessment

$96,290 *

MarketMultiple

$336 **

* 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
42-603-30159STATE TRACT #2 758 - S 2CORPUS CHRISTI OIL & GAS CO.Dry HoleMatagorda Island Small Block Offshore, TX28.092227-96.739842
42-603-30170STATE TRACT 755 - S 1CORPUS CHRISTI OIL & GAS CO.Canceled LocationMatagorda Island Small Block Offshore, TX28.098397-96.717314
42-603-30197STATE TRACT 759 "S" 1PHOENIX RESOURCES CO.Canceled LocationMatagorda Island Small Block Offshore, TX28.096469-96.763131
42-603-30211STATE TRACT 767-S 1CORPUS CHRISTI OIL & GAS CO.Plugged Gas WellMatagorda Island Small Block Offshore, TX28.070185-96.757680
42-603-30213STATE TRACT 770-S 3CORPUS CHRISTI OIL & GAS CO.Canceled LocationMatagorda Island Small Block Offshore, TX28.059554-96.751201
42-603-30214STATE TRACT 770-S 4CORPUS CHRISTI OIL & GAS CO.Plugged Gas WellMatagorda Island Small Block Offshore, TX28.067426-96.760263
42-603-30221STATE TRACT 771-S 1CORPUS CHRISTI OIL & GAS CO.Plugged Gas WellMatagorda Island Small Block Offshore, TX28.067581-96.766989
42-603-30229STATE TRACT 629-L 1CONQUEST EXPLORATION COMPANYSidetrack Well Surface LocationMatagorda Island Small Block Offshore, TX28.100451-96.719770
42-703-30013STATE TRACT 660-L 1ALUNITED TEXAS CORP. (A)Plugged Gas WellMatagorda Island Large Block Offshore, TX28.045697-96.739436
42-703-30049STATE TRACT 659-L 1FAIRWAYS OFFSHORE EXPL., INC.Plugged Gas WellMatagorda Island Large Block Offshore, TX28.041348-96.731777
42-703-30214STATE TRACT 629-L NW/4 2CORPUS CHRISTI OIL & GAS CO.Canceled LocationMatagorda Island Large Block Offshore, TX28.094493-96.730742
42-703-30217STATE TRACT 629-L SW/4 1UTWHITE MARLIN OPERATING CO, LLCTemp AbandonedMatagorda Island Large Block Offshore, TX28.055756-96.721720
42-703-30221STATE TRACT 629-L, NW/4 1CORPUS CHRISTI OIL & GAS CO.Dry HoleMatagorda Island Large Block Offshore, TX28.094960-96.714442
42-703-30236STATE TRACT 629-L, S/2 OF NE/4 1MCMORAN EXPLORATION CO.Dry HoleMatagorda Island Large Block Offshore, TX28.078924-96.689101
42-703-30241STATE TRACT 659-L NW/4 1WHITE MARLIN OPERATING CO, LLCShut InMatagorda Island Large Block Offshore, TX28.054287-96.715766
42-703-30265STATE TRACT 630-L NW/4 2MCMORAN EXPLORATION CO.Plugged Oil WellMatagorda Island Large Block Offshore, TX28.081886-96.679592
42-703-30280STATE TRACT 659-L NW/4 2UWHITE MARLIN OPERATING CO, LLCShut InMatagorda Island Large Block Offshore, TX28.055724-96.721747
42-703-30281STATE TRACT 629-L SW/4 4WHITE MARLIN OPERATING CO, LLCProducingMatagorda Island Large Block Offshore, TX28.055704-96.721779
42-703-30284STATE TRACT 629-L, SE/4 1MCMORAN EXPLORATION CO.Sidetrack Well Surface LocationMatagorda Island Large Block Offshore, TX28.071720-96.692909
42-703-30291STATE TRACT 659-L NW/4 3UWHITE MARLIN OPERATING CO, LLCTemp AbandonedMatagorda Island Large Block Offshore, TX28.048336-96.719812
42-703-30293STATE TRACT 659-L NW/4 4MCMORAN PRODUCTION CO.Sidetrack Well Surface LocationMatagorda Island Large Block Offshore, TX28.039116-96.728592
42-703-30294STATE TRACT 629-L, SE/4 2MCMORAN EXPLORATION CO.Plugged Gas WellMatagorda Island Large Block Offshore, TX28.071531-96.688639
42-703-30296STATE TRACT 630-L, NW/4 3AMCMORAN EXPLORATION CO.Dry HoleMatagorda Island Large Block Offshore, TX28.075918-96.678051

Leases included in State Tract

Lease #Lease NameOperatorCounty
Lease #Lease NameOperatorCounty
02-06328STATE TRACT 630-L NW/4MCMORAN EXPLORATION CO.Matagorda Island Large Block Offshore, TX
02-06392STATE TRACT 629-L, SE/4FAIRWAYS OFFSHORE EXPL., INC.Matagorda Island Large Block Offshore, TX
02-06429STATE TRACT 630-L, NW/4FAIRWAYS OFFSHORE EXPL., INC.Matagorda Island Large Block Offshore, TX
02-06468STATE TRACT 659-L NW/4WHITE MARLIN OPERATING CO, LLCMatagorda Island Large Block Offshore, TX
02-06498STATE TRACT 659-L NW/4WHITE MARLIN OPERATING CO, LLCMatagorda Island Large Block Offshore, TX
02-06516STATE TRACT 659-L NW/4AMERICAN EXPLORATION COMPANYMatagorda Island Large Block Offshore, TX
02-069865STATE TRACT 659-L 1FAIRWAYS OFFSHORE EXPL., INC.Matagorda Island Large Block Offshore, TX
02-070003STATE TRACT 660-L 1ALUNITED TEXAS CORP. (A)Matagorda Island Large Block Offshore, TX
02-070008STATE TRACT 660-L 1ALSHORELINE LIFTBOATS, INC.Matagorda Island Large Block Offshore, TX
02-08043STATE TRACT 629-L SE/4FAIRWAYS OFFSHORE EXPL., INC.Matagorda Island Large Block Offshore, TX
02-092197STATE TRACT 629-L SW/4 1UTWHITE MARLIN OPERATING CO, LLCMatagorda Island Large Block Offshore, TX
02-101908STATE TRACT 629-L, SE/4 1FAIRWAYS SPEC. SALES & SERV INCMatagorda Island Large Block Offshore, TX
02-104043STATE TRACT 767-S 1CORPUS CHRISTI OIL & GAS CO.Matagorda Island Small Block Offshore, TX
02-104044STATE TRACT 767-S 1CORPUS CHRISTI OIL & GAS CO.Matagorda Island Small Block Offshore, TX
02-105015STATE TRACT 770-S 4AMERICAN COASTAL ENERGY, INC.Matagorda Island Small Block Offshore, TX
02-105807STATE TRACT 629-L, SE/4 2FAIRWAYS OFFSHORE EXPL., INC.Matagorda Island Large Block Offshore, TX
02-106159STATE TRACT 629-L SW/4 4WHITE MARLIN OPERATING CO, LLCMatagorda Island Large Block Offshore, TX
02-106162STATE TRACT 659-L NW/4 4FAIRWAYS OFFSHORE EXPL., INC.Matagorda Island Large Block Offshore, TX
02-106163STATE TRACT 659-L NW/4 4FAIRWAYS OFFSHORE EXPL., INC.Matagorda Island Large Block Offshore, TX
02-108845STATE TRACT 771-S 1AMERICAN COASTAL ENERGY, INC.Matagorda Island Small Block Offshore, TX
02-157076STATE TRACT 659-L NW/4 3UWHITE MARLIN OPERATING CO, LLCMatagorda Island Large Block Offshore, TX

Nearby Properties

These are the closest 0 properties to the State Tract property.

Property NameLocationOil Prod.Gas Prod.Prod. Period

Companies in the Area

These are the closest 0 companies operating near the State Tract property.

Company Name

Owners of State Tract

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024WHITE MARLIN OPERATING CO LLCSTATE TR 659-L NW/4 W#02UWHITE MARLIN OPERATI