State Spearhead 1114

Oil & Gas Property in Pecos County, TX

Property Summary

Key data points for State Spearhead 1114

CountyPecos County, TX
OperatorCONTANGO RESOURCES LLC
Production DatesJan 2020 - Oct 2024
Total Oil Production872,664 BBLs
Total Gas Production2,494,902 MCF
Recent Oil Production13,088 BBLs in Sep 2024
Recent Gas Production87,304 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for State Spearhead 1114

ShaleAssessment

Not Available

MarketMultiple

$1,733,112 **

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

Based on a decimal interest

State Spearhead 1114 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Spearhead 1114
from Jan 2020 to Oct 2024

Wells on State Spearhead 1114

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-371-40142STATE SPEARHEAD 1114 1HContango Resources, LLCProducingPecos County, TX31.054815-103.086591
42-371-40301STATE SPEARHEAD 1114 2HContango Resources, LLCProducingPecos County, TX31.054701-103.086606
42-371-40322STATE SPEARHEAD 1114 3HContango Resources, LLCProducingPecos County, TX31.054701-103.086800
42-371-40323STATE SPEARHEAD 1114 4HContango Resources, LLCProducingPecos County, TX31.054701-103.086704

Leases included in State Spearhead 1114

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-53629STATE SPEARHEAD 1114Contango Resources, LLCPecos County, TX

Nearby Properties

These are the closest 20 properties to the State Spearhead 1114 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Breakthrough State 1009Pecos County, TX7,911 BBLs16,714 MCFOct 2024
DunlapPecos County, TX0 BBLs989 MCFOct 2024
Hannah-JohnnyPecos County, TX1,187 BBLs8,252 MCFSep 2024
Hole In The Rock 46-47Pecos County, TX13,457 BBLs50,449 MCFOct 2024
Iron Snake 1912Pecos County, TX3,322 BBLs3,822 MCFOct 2024
Johnny-HannahPecos County, TX1,461 BBLs7,964 MCFSep 2024
Jose-KatiePecos County, TX6,299 BBLs28,830 MCFSep 2024
May JohnPecos County, TX25 BBLs959 MCFSep 2024
McIntyre State 34-3Pecos County, TX12,135 BBLs27,287 MCFOct 2024
MendelPecos County, TX0 BBLs347 MCFOct 2024
Neal Lethco State 24-23 UnitPecos County, TX10,568 BBLs27,609 MCFOct 2024
Neal, JPecos County, TX0 BBLs894 MCFOct 2024
Old Ironside 0405Pecos County, TX1,512 BBLs3,299 MCFOct 2024
PalmerPecos County, TX0 BBLs724 MCFSep 2024
PecosPecos County, TX0 BBLs0 MCFOct 2024
Sabine 10S-2 UnitPecos County, TX3,281 BBLs5,085 MCFOct 2024
State Ambush 45-44Pecos County, TX12,163 BBLs42,329 MCFOct 2024
State Eot Whale Unit 30-26Pecos County, TX14,973 BBLs29,372 MCFOct 2024
State Slickrock 24-20 UnitPecos County, TX5,598 BBLs12,044 MCFOct 2024
TytexPecos County, TX2,521 BBLs6,150 MCFOct 2024

Owners of State Spearhead 1114

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CONTANGO RESOURCES INSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024BUTLER TOMMY HAUCKSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024VIPER ENERGY PARTNERS LLCSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024MCFARLAND AMANDASTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024MEADOWBROOK LANE LLCSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024CHEVRON ADVANTAGE INCSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024MYRTLE MENDEL INCSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024CONTENDER ENERGY PARTNERS LPSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
Displaying 8 of 29 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Spearhead 1114

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-53629STATE SPEARHEAD 1114Oct 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Sep 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Sep 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Sep 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Aug 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Aug 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Aug 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jul 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jul 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jul 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jun 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jun 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Jun 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114May 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114May 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114May 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Apr 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Apr 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Apr 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Mar 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Mar 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Mar 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Feb 2024ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Feb 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-53629STATE SPEARHEAD 1114Feb 2024BRAZOS MIDSTREAM OPERATING, LLCCONTANGO RESOURCES, LLC