Salt Draw State 1 Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Salt Draw State 1 Unit

CountyReeves County, TX
OperatorOXBOW PETROLEUM, LLC
Production DatesJul 2023 - Sep 2024
Total Oil Production216,882 BBLs
Total Gas Production857,704 MCF
Recent Oil Production9,159 BBLs in Aug 2024
Recent Gas Production55,629 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for Salt Draw State 1 Unit

ShaleAssessment

Not Available

MarketMultiple

$1,514,466 **

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

Based on a decimal interest

Salt Draw State 1 Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Salt Draw State 1 Unit
from Jul 2023 to Sep 2024

Wells on Salt Draw State 1 Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-40350SALT DRAW STATE 1 UNIT 1HOXBOW PETROLEUM, LLCProducingReeves County, TX31.305119-103.575711
42-389-40352SALT DRAW STATE 1 UNIT 2HOXBOW PETROLEUM, LLCProducingReeves County, TX31.305120-103.575807
42-389-40353SALT DRAW STATE 1 UNIT 3HOXBOW PETROLEUM, LLCProducingReeves County, TX31.305119-103.575903

Leases included in Salt Draw State 1 Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-60386SALT DRAW STATE 1 UNITOXBOW PETROLEUM, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Salt Draw State 1 Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Brosnan Bentley 1HReeves County, TX20,344 BBLs44,013 MCFSep 2024
Count Fleet 11Reeves County, TX6,266 BBLs55,572 MCFAug 2024
Dale Evans 196Reeves County, TX8,294 BBLs37,515 MCFSep 2024
Delightful Dasher 11Reeves County, TX811 BBLs10,327 MCFAug 2024
Egan Tucker 2HReeves County, TX15,600 BBLs27,497 MCFSep 2024
El Duderino Unit 5-25Reeves County, TX21,219 BBLs83,136 MCFSep 2024
Guy Winston 3HReeves County, TX18,980 BBLs42,478 MCFSep 2024
HSF StateReeves County, TX0 BBLs573 MCFSep 2024
Johnson StateReeves County, TX909 BBLs1,241 MCFSep 2024
Man O War 26 UnitReeves County, TX2,918 BBLs5,960 MCFSep 2024
Man O War 5-8 UnitReeves County, TX4,637 BBLs14,951 MCFSep 2024
Marshall DillonReeves County, TX1,672 BBLs11,167 MCFSep 2024
McNeilReeves County, TX0 BBLs0 MCFSep 2024
NicholasReeves County, TX8,182 BBLs72,942 MCFSep 2024
Omaha 11Reeves County, TX1,602 BBLs29,290 MCFAug 2024
Rocket Wrangler 11Reeves County, TX584 BBLs7,328 MCFAug 2024
Sheldon StateReeves County, TX0 BBLs0 MCFJul 2024
Teague-Owens UnitReeves County, TX2,261 BBLs6,498 MCFSep 2024
Tinian-Prewit 24-14 UnitReeves County, TX8,933 BBLs66,076 MCFSep 2024
Will Rogers State 4-3 Unit AReeves County, TX1,876 BBLs4,326 MCFSep 2024

Oil & Gas Sales on Salt Draw State 1 Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-60386SALT DRAW STATE 1 UNITAug 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJul 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJun 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITMay 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITApr 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITMar 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITFeb 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJan 2024PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITDec 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITNov 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITOct 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITSep 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITAug 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC
08-60386SALT DRAW STATE 1 UNITJul 2023PLAINS MARKETING, L.P.OXBOW PETROLEUM, LLC