Majestic State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Majestic State

CountyReeves County, TX
Production DatesMay 2011 - Dec 2024
Total Oil Production1,070,653 BBLs
Total Gas Production2,388,537 MCF
Recent Oil Production8,000 BBLs in Nov 2024
Recent Gas Production17,754 MCF in Nov 2024
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment

Not Available

MarketMultiple

$1,097,952 **

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

Based on a decimal interest

Majestic State Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Majestic State
from May 2011 to Dec 2024

Wells on Majestic State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-32724MAJESTIC STATE 12 1Permian Resources Operating, LLCProducingReeves County, TX31.282270-103.378972
42-389-32929MAJESTIC STATE 12 2Permian Resources Operating, LLCProducingReeves County, TX31.274980-103.374761
42-389-33219MAJESTIC STATE 12 3THOMPSON, J. CLEOPermitted LocationReeves County, TX31.274955-103.379604
42-389-33841MAJESTIC STATE 12 4HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.286388-103.374757
42-389-38921MAJESTIC STATE 51-13-12 A 83HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.257559-103.377351
42-389-38922MAJESTIC STATE 51-13-12 B 14HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.257559-103.377254
42-389-38924MAJESTIC STATE 51-13-12 C 85HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.257561-103.377159
42-389-39921MAJESTIC STATE 51-13-12 A 83HPermian Resources Operating, LLCProducingReeves County, TX31.257583-103.377371
42-389-39922MAJESTIC STATE 51-13-12 C 84HPermian Resources Operating, LLCProducingReeves County, TX31.257559-103.377254

Leases included in Majestic State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-42439MAJESTIC STATE 12Permian Resources Operating, LLCReeves County, TX
08-58019MAJESTIC STATE 51-13-12 APermian Resources Operating, LLCReeves County, TX
08-58020MAJESTIC STATE 51-13-12 CPermian Resources Operating, LLCReeves County, TX

Operators Associated With Majestic State

Nearby Properties

These are the closest 20 properties to the Majestic State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alyx State 22Reeves County, TX553 BBLs0 MCFDec 2024
Angler UnitReeves County, TX4,299 BBLs7,205 MCFDec 2024
Apollo 2Reeves County, TX9,458 BBLs20,198 MCFDec 2024
Astro State 51-7-22-15Reeves County, TX18,958 BBLs22,315 MCFDec 2024
BlackstoneReeves County, TX7,709 BBLs15,558 MCFDec 2024
Carter 26Reeves County, TX26 BBLs0 MCFNov 2024
Chevron MineralsReeves County, TX2,413 BBLs6,648 MCFDec 2024
CooperReeves County, TX142 BBLs0 MCFDec 2024
Cooper 27-2Reeves County, TX10,844 BBLs25,058 MCFDec 2024
Gigi State 12Reeves County, TX3,619 BBLs15,617 MCFDec 2024
Gorilla 20Reeves County, TX1,430 BBLs1,100 MCFDec 2024
GuthrieReeves County, TX218 BBLs0 MCFDec 2024
HouserReeves County, TX11,067 BBLs25,655 MCFDec 2024
Janey State 24Reeves County, TX3,704 BBLs7,566 MCFDec 2024
Mariinsky StateReeves County, TX537 BBLs0 MCFDec 2024
Old VIc 1Reeves County, TX301 BBLs0 MCFDec 2024
OrpheumReeves County, TX2,693 BBLs5,242 MCFDec 2024
Reeves TXL Fee T7-50Reeves County, TX29,854 BBLs98,362 MCFDec 2024
Ryman 14Reeves County, TX7,186 BBLs13,572 MCFDec 2024
South Williams 10-51Reeves County, TX1,852 BBLs2,451 MCFDec 2024

Frac'ing activity on Majestic State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-39921MAJESTIC STATE 51-13-12 A 83H
42-389-39922MAJESTIC STATE 51-13-12 C 84H

Owners of Majestic State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OXY USA WTP LPMAJESTIC STATE 51-13-12 COXY USA WTP LP
2024OXY USA WTP LPMAJESTIC STATE 51-13-12 AOXY USA WTP LP
2024CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 COXY USA WTP LP
2024CHEVRON USA INC (RI/OR)MAJESTIC STATE 51-13-12 AOXY USA WTP LP
2024EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 COXY USA WTP LP
2024EXEMPT-STATE OF TEXASMAJESTIC STATE 51-13-12 AOXY USA WTP LP
2024OK GRIFFITH TRUSTMAJESTIC STATE 51-13-12 COXY USA WTP LP
2024OXY USA WTP LPMAJESTIC STATE 51-13-12 COXY USA WTP LP
Displaying 8 of 31 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Majestic State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-58020MAJESTIC STATE 51-13-12 COct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-42439MAJESTIC STATE 12Oct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 ASep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CSep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-42439MAJESTIC STATE 12Aug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP