Jobe 70-1 State 1H

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Jobe 70-1 State 1H

CountyReeves County, TX
OperatorCIMAREX ENERGY CO
Production DatesDec 2018 - Jan 2025
Total Oil Production135,634 BBLs
Total Gas Production2,073,198 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production10,510 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Jobe 70-1 State 1H

ShaleAssessment

Not Available

MarketMultiple

$32,603 **

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

Based on a decimal interest

Jobe 70-1 State 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Jobe 70-1 State 1H
from Dec 2018 to Jan 2025

Wells on Jobe 70-1 State 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-37517JOBE 70-1 STATE 1HCIMAREX ENERGY CO.ProducingReeves County, TX31.383797-103.791483

Leases included in Jobe 70-1 State 1H

Lease #Lease NameOperatorCountyMonthly Gas Prod.
08-286816JOBE 70-1 STATE 1HCIMAREX ENERGY CO.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the Jobe 70-1 State 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
B Johnson State 33Reeves County, TX1,977 BBLs18,798 MCFJan 2025
Barbee 72-1 1HReeves County, TX55 BBLs4,235 MCFJan 2025
Black Maple Hill State 12 1HReeves County, TX1,464 BBLs25,079 MCFJan 2025
Buffalo 55-5-39 1HReeves County, TX3 BBLs11,079 MCFJan 2025
E Storm State 33Reeves County, TX1,335 BBLs15,827 MCFJan 2025
Evan Williams 23-13W Unit 1HReeves County, TX3,895 BBLs30,626 MCFJan 2025
Garrison Brothers State UnitReeves County, TX3,443 BBLs71,535 MCFJan 2025
HermosaReeves County, TX1,955 BBLs34,540 MCFJan 2025
Jett Rink State 58-23Reeves County, TX219 BBLs5,978 MCFJan 2025
Jobe StateReeves County, TX0 BBLs495 MCFJan 2025
La Cucaracha State Unit 7Reeves County, TX48,160 BBLs546,569 MCFJan 2025
Manhattan State UnitReeves County, TX11,241 BBLs406,912 MCFJan 2025
Maralo State 33Reeves County, TX1,723 BBLs33,173 MCFJan 2025
New Jersey StateReeves County, TX27 BBLs24,235 MCFJan 2025
Rincon Unit 72 16-20Reeves County, TX203 BBLs14,842 MCFJan 2025
Shuffield 72-14Reeves County, TX0 BBLs1,433 MCFJan 2025
State Cahill 19/18 WReeves County, TX0 BBLs0 MCFNov 2024
ToyahReeves County, TX338 BBLs19,210 MCFJan 2025
Trestles State Unit 55 41-44 1HReeves County, TX149 BBLs6,690 MCFJan 2025
York State 33 1HReeves County, TX885 BBLs20,807 MCFJan 2025

Owners of Jobe 70-1 State 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024EXEMPT-STATE OF TEXASJOBE 70-1 STATE #1HCIMAREX ENERGY
2024JOBE RANCH FAMILY PARTNERSHIPJOBE 70-1 STATE #1HCIMAREX ENERGY
2024CIMAREX ENERGY CO WIJOBE 70-1 STATE #1HCIMAREX ENERGY

Oil & Gas Sales on Jobe 70-1 State 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-286816JOBE 70-1 STATE 1HOct 2024CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HSep 2024ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HAug 2024ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJun 2024CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HJun 2024ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMay 2024CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMay 2024ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HApr 2024CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HApr 2024ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMar 2024CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HMar 2024ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HFeb 2024CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HFeb 2024ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HDec 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HDec 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HDec 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HNov 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HNov 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HNov 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HOct 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HOct 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HSep 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HSep 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HAug 2023CIMAREX ENERGY CO.
08-286816JOBE 70-1 STATE 1HAug 2023ENTERPRISE CRUDE OIL LLCCIMAREX ENERGY CO.