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 - Jan 2025
Total Oil Production904,380 BBLs
Total Gas Production2,765,868 MCF
Recent Oil Production12,186 BBLs in Dec 2024
Recent Gas Production94,452 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for State Spearhead 1114

ShaleAssessment

Not Available

MarketMultiple

$1,682,321 **

* 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 Jan 2025

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, TX10,960 BBLs17,913 MCFJan 2025
DunlapPecos County, TX0 BBLs808 MCFJan 2025
Gomez Gas Unit No. 8 1Pecos County, TX0 BBLs72,371 MCFJan 2025
Hole In The Rock 46-47Pecos County, TX19,092 BBLs70,957 MCFJan 2025
Iron Snake 1912Pecos County, TX2,325 BBLs2,717 MCFJan 2025
Johnny-HannahPecos County, TX1,874 BBLs6,629 MCFDec 2024
Jose-KatiePecos County, TX4,290 BBLs23,268 MCFDec 2024
May JohnPecos County, TX55 BBLs828 MCFJan 2025
McIntyre State 34-3Pecos County, TX13,491 BBLs25,045 MCFJan 2025
MendelPecos County, TX48 BBLs303 MCFJan 2025
Neal Lethco State 24-23 UnitPecos County, TX10,902 BBLs34,733 MCFJan 2025
Neal, JPecos County, TX0 BBLs2,985 MCFJan 2025
Old Ironside 0405Pecos County, TX1,410 BBLs2,034 MCFJan 2025
PalmerPecos County, TX0 BBLs1,738 MCFJan 2025
PecosPecos County, TX0 BBLs9 MCFJan 2025
Sabine 10S-2 UnitPecos County, TX2,618 BBLs3,273 MCFJan 2025
State Ambush 45-44Pecos County, TX12,796 BBLs45,524 MCFJan 2025
State Eot Whale Unit 30-26Pecos County, TX14,785 BBLs28,503 MCFJan 2025
State Slickrock 24-20 UnitPecos County, TX6,041 BBLs17,183 MCFJan 2025
TytexPecos County, TX2,717 BBLs7,057 MCFJan 2025

Frac'ing activity on State Spearhead 1114

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-371-40301State Spearhead 1114 2H
42-371-40322State Spearhead 1114 3H
42-371-40323State Spearhead 1114 4H

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
2024STATTON RICHARD R & ANNSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024TEXAS PACIFIC LAND TRUSTSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024CONTENDER ENERGY PARTNERS LPSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024VIPER ENERGY PARTNERS LLCSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024DRC PETROLEUM LTDSTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024EXEMPT STATESTATE SPEARHEAD 1114CONTANGO RESOURCES, LL
2024MYRTLE MENDEL INCSTATE 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