Majestic State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Majestic State

CountyReeves County, TX
Production DatesMay 2011 - Sep 2024
Total Oil Production1,046,338 BBLs
Total Gas Production2,320,992 MCF
Recent Oil Production7,862 BBLs in Aug 2024
Recent Gas Production14,195 MCF in Aug 2024
Wells on Property9

Our Valuation Estimates for Majestic State

ShaleAssessment

Not Available

MarketMultiple

$1,230,310 **

* 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 Sep 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 1OXY USA WTP LPProducingReeves County, TX31.282270-103.378972
42-389-32929MAJESTIC STATE 12 2OXY USA WTP LPProducingReeves 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 83HOXY USA WTP LPProducingReeves County, TX31.257583-103.377371
42-389-39922MAJESTIC STATE 51-13-12 C 84HOXY USA WTP LPProducingReeves County, TX31.257559-103.377254

Leases included in Majestic State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-42439MAJESTIC STATE 12OXY USA WTP LPReeves County, TX
08-58019MAJESTIC STATE 51-13-12 AOXY USA WTP LPReeves County, TX
08-58020MAJESTIC STATE 51-13-12 COXY USA WTP LPReeves 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, TX297 BBLs593 MCFSep 2024
Angler UnitReeves County, TX2,019 BBLs5,477 MCFSep 2024
Apollo 2Reeves County, TX12,219 BBLs40,527 MCFSep 2024
Astro State 51-7-22-15Reeves County, TX20,467 BBLs48,678 MCFSep 2024
BlackstoneReeves County, TX5,604 BBLs18,214 MCFSep 2024
Carter 26Reeves County, TX199 BBLs14 MCFSep 2024
Chevron MineralsReeves County, TX2,802 BBLs3,984 MCFSep 2024
CooperReeves County, TX421 BBLs672 MCFSep 2024
Cooper 27-2Reeves County, TX18,650 BBLs40,517 MCFSep 2024
Gigi State 12Reeves County, TX6,484 BBLs42,172 MCFSep 2024
Gorilla 20Reeves County, TX1,236 BBLs2,185 MCFSep 2024
GuthrieReeves County, TX429 BBLs0 MCFSep 2024
HouserReeves County, TX11,842 BBLs24,510 MCFSep 2024
Janey State 24Reeves County, TX4,817 BBLs15,062 MCFSep 2024
Mariinsky StateReeves County, TX819 BBLs1,053 MCFSep 2024
Old VIc 1Reeves County, TX465 BBLs774 MCFSep 2024
OrpheumReeves County, TX4,710 BBLs8,847 MCFSep 2024
Reeves TXL Fee T7-50Reeves County, TX34,285 BBLs211,483 MCFSep 2024
Rialto 23Reeves County, TX263 BBLs7,077 MCFSep 2024
Ryman 14Reeves County, TX8,613 BBLs14,934 MCFSep 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
08-58019MAJESTIC STATE 51-13-12 AAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CAug 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 CJul 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-42439MAJESTIC STATE 12Jul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY 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
08-58019MAJESTIC STATE 51-13-12 AJul 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJul 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJul 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJun 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJun 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AJun 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJun 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-42439MAJESTIC STATE 12Jun 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJun 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CJun 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CMay 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AMay 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AMay 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AMay 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58019MAJESTIC STATE 51-13-12 AMay 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-58020MAJESTIC STATE 51-13-12 CMay 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP