Spruce State Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Spruce State Unit

CountyReeves County, TX
OperatorAPACHE CORPORATION
Production DatesOct 2019 - Aug 2024
Total Oil Production164,763 BBLs
Total Gas Production1,273,893 MCF
Recent Oil Production440 BBLs in Jul 2024
Recent Gas Production4,334 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Spruce State Unit

ShaleAssessment

Not Available

MarketMultiple

$123,791 **

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

Based on a decimal interest

Spruce State Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spruce State Unit
from Oct 2019 to Aug 2024

Wells on Spruce State Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-38234SPRUCE STATE UNIT 105AHAPACHE CORPORATIONHorizontal Well Surface LocatioReeves County, TX31.309934-103.962864
42-389-38472SPRUCE STATE UNIT 402BHAPACHE CORPORATIONProducingReeves County, TX31.304934-103.971709

Leases included in Spruce State Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-290185SPRUCE STATE UNIT 402BHAPACHE CORPORATIONReeves County, TX

Nearby Properties

These are the closest 20 properties to the Spruce State Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aspen StateReeves County, TX345 BBLs86,249 MCFAug 2024
Blackfoot State UnitReeves County, TX1,188 BBLs473,411 MCFAug 2024
Bonsai State Unit 201ahReeves County, TX9 BBLs106,270 MCFAug 2024
CaldwellReeves County, TX0 BBLs0 MCFAug 2024
CaldwellReeves County, TX0 BBLs0 MCFAug 2024
Cedar State UnitReeves County, TX0 BBLs29,659 MCFAug 2024
Cherokee StateReeves County, TX330 BBLs136,765 MCFAug 2024
Cypress StateReeves County, TX2,348 BBLs179,446 MCFAug 2024
Dogwood StateReeves County, TX201 BBLs75,056 MCFAug 2024
HuckleberryReeves County, TX22 BBLs54,070 MCFAug 2024
Mohican UnitReeves County, TX590 BBLs177,957 MCFAug 2024
North Bonsai State UnitReeves County, TX801 BBLs143,340 MCFAug 2024
Oak State UnitReeves County, TX0 BBLs62,199 MCFAug 2024
Pelican RanchReeves County, TX0 BBLs266 MCFAug 2024
Pine State 10Reeves County, TX0 BBLs58,625 MCFAug 2024
RedwoodReeves County, TX0 BBLs42,586 MCFAug 2024
Retama State Unit 101ahReeves County, TX0 BBLs44,474 MCFAug 2024
Spruce StateReeves County, TX0 BBLs153,353 MCFAug 2024
Texaco Inc. Ata 1Reeves County, TX0 BBLs0 MCFAug 2024
Willow State Unit 10Reeves County, TX44 BBLs165,583 MCFAug 2024

Companies in the Area

These are the closest 10 companies operating near the Spruce State Unit property.

Company Name
Apache Corporation
Chesapeake Operating, Inc.
Extex Operating Company
Grace Petroleum Corp.
Maralo, Inc.
Oxy USA Inc
Permian Resources Operating, LLC
Pogo Producing Company
Rayden
Samson Lone Star, LLC

Owners of Spruce State Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024APACHE CORPORATIONSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024EXEMPT-STATE OF TEXASSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024LOWE ROYALTY PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/SPRING GAP PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/ROCK HOUSE PARTNERS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/COMANCHE CO LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/PALO PINTO FAM HOLDINGS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
2024CMC/SC BECKHAM HOLDINGS LPSPRUCE STATE UNIT #402BHAPACHE CORPORA
Displaying 8 of 9 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Spruce State Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-290185SPRUCE STATE UNIT 402BHJul 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJul 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJun 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJun 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMay 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHApr 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHApr 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHApr 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMar 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMar 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHMar 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHFeb 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHFeb 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHFeb 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJan 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJan 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHJan 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHDec 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHDec 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHDec 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHNov 2023SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHNov 2023APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHNov 2023APACHE CORPORATIONAPACHE CORPORATION