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 - Nov 2024
Total Oil Production166,403 BBLs
Total Gas Production1,264,341 MCF
Recent Oil Production848 BBLs in Oct 2024
Recent Gas Production6,872 MCF in Oct 2024
Wells on Property2

Our Valuation Estimates for Spruce State Unit

ShaleAssessment

Not Available

MarketMultiple

$91,608 **

* 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 Nov 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, TX231 BBLs83,137 MCFNov 2024
Blackfoot State UnitReeves County, TX971 BBLs661,262 MCFNov 2024
Bonsai State Unit 201ahReeves County, TX73 BBLs92,157 MCFNov 2024
CaldwellReeves County, TX0 BBLs0 MCFNov 2024
CaldwellReeves County, TX0 BBLs563 MCFNov 2024
Cedar State UnitReeves County, TX0 BBLs43,004 MCFNov 2024
Cherokee StateReeves County, TX268 BBLs180,091 MCFNov 2024
Cypress StateReeves County, TX2,505 BBLs160,197 MCFNov 2024
Dogwood StateReeves County, TX0 BBLs115,404 MCFNov 2024
HuckleberryReeves County, TX14 BBLs28,305 MCFNov 2024
Mohican UnitReeves County, TX1,188 BBLs305,885 MCFNov 2024
North Bonsai State UnitReeves County, TX377 BBLs214,400 MCFNov 2024
Oak State UnitReeves County, TX0 BBLs59,924 MCFNov 2024
Pelican RanchReeves County, TX0 BBLs422 MCFNov 2024
Pine State 10Reeves County, TX0 BBLs92,343 MCFNov 2024
RedwoodReeves County, TX0 BBLs153,713 MCFNov 2024
Retama State Unit 101ahReeves County, TX0 BBLs24,467 MCFNov 2024
Spruce StateReeves County, TX0 BBLs208,787 MCFNov 2024
Texaco Inc. Ata 1Reeves County, TX0 BBLs0 MCFNov 2024
Willow State Unit 10Reeves County, TX307 BBLs209,298 MCFNov 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 402BHOct 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHSep 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHSep 2024APACHE CORPORATIONAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHAug 2024SHELL TRADING (US) COMPANYAPACHE CORPORATION
08-290185SPRUCE STATE UNIT 402BHAug 2024APACHE CORPORATIONAPACHE CORPORATION
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