Majestic State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Majestic State

CountyReeves County, TX
Production DatesMay 2011 - Oct 2024
Total Oil Production1,053,875 BBLs
Total Gas Production2,353,107 MCF
Recent Oil Production8,890 BBLs in Sep 2024
Recent Gas Production30,114 MCF in Sep 2024
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment

Not Available

MarketMultiple

$1,233,355 **

* 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
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to oil and gas production for Majestic State
from May 2011 to Oct 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, TX0 BBLs1,235 MCFOct 2024
Apollo 2Reeves County, TX11,785 BBLs26,111 MCFOct 2024
Astro State 51-7-22-15Reeves County, TX19,315 BBLs41,279 MCFOct 2024
BlackstoneReeves County, TX5,831 BBLs22,850 MCFOct 2024
Carter 26Reeves County, TX199 BBLs19 MCFOct 2024
Chevron MineralsReeves County, TX2,977 BBLs2,398 MCFOct 2024
CooperReeves County, TX329 BBLs560 MCFOct 2024
Cooper 27-2Reeves County, TX15,864 BBLs46,451 MCFOct 2024
Gigi State 12Reeves County, TX5,540 BBLs39,799 MCFOct 2024
Globe 1Reeves County, TX160 BBLs7,799 MCFOct 2024
Gorilla 20Reeves County, TX1,407 BBLs2,273 MCFOct 2024
GuthrieReeves County, TX368 BBLs0 MCFOct 2024
HouserReeves County, TX11,390 BBLs25,050 MCFOct 2024
Janey State 24Reeves County, TX4,544 BBLs10,403 MCFOct 2024
Mariinsky StateReeves County, TX863 BBLs1,280 MCFOct 2024
Old VIc 1Reeves County, TX433 BBLs716 MCFOct 2024
OrpheumReeves County, TX1,677 BBLs4,658 MCFOct 2024
Reeves TXL Fee T7-50Reeves County, TX33,250 BBLs188,764 MCFOct 2024
Rialto 23Reeves County, TX630 BBLs4,834 MCFOct 2024
Ryman 14Reeves County, TX8,116 BBLs20,588 MCFOct 2024

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