State 2

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State 2

CountyReeves County, TX
OperatorRE-OP CORP.
Production DatesSep 1994 - Nov 2002
Total Oil Production890 BBLs
Total Gas Production53,424 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for State 2

ShaleAssessment

Not Available

MarketMultiple

Not Available

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

Based on a decimal interest

State 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State 2
from Sep 1994 to Nov 2002

Wells on State 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-32069STATE 26 2305RE-OP CORP.Oil WellReeves County, TX31.699552-103.934931
42-389-32074STATE 23 2605RE-OP CORP.Oil WellReeves County, TX31.696251-103.934954

Leases included in State 2

Lease #Lease NameOperatorCounty
08-34312STATE 26RE-OP CORP.Reeves County, TX
08-34464STATE 23RE-OP CORP.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the State 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arco StateReeves County, TX0 BBLs0 MCFJan 2024
Cheyenne 57-3-13Reeves County, TX1,604 BBLs11,546 MCFAug 2024
Cyclops State 57-3-28 Unit 1Reeves County, TX12,343 BBLs149,515 MCFAug 2024
Greenwich State 57-3-26-35Reeves County, TX117,496 BBLs889,271 MCFSep 2024
Greenwich State 57-3-35-26Reeves County, TX70,567 BBLs461,699 MCFSep 2024
Growler 56-3-23 1HReeves County, TX716 BBLs12,173 MCFAug 2024
Kaycee State 57-3-33 UnitReeves County, TX7,129 BBLs106,234 MCFAug 2024
Meridian State 57-3-23-11Reeves County, TX84,755 BBLs495,913 MCFAug 2024
ReevesReeves County, TX0 BBLs0 MCFAug 2004
Sandworm State 57-3-14 Unit 1HReeves County, TX1,499 BBLs9,184 MCFAug 2024
Sphinx State 57-3-14 Unit 1HReeves County, TX239 BBLs5,153 MCFAug 2024
Staggerwing 57-3-35 1HReeves County, TX1,422 BBLs7,425 MCFAug 2024
State Black Stone 57-T3-36Reeves County, TX2,718 BBLs26,584 MCFAug 2024
State Hedblom 56-T3-24 WReeves County, TX11,066 BBLs150,247 MCFAug 2024
State Of Texas 26Reeves County, TX0 BBLs0 MCFSep 2002
State Pish 57-T3-36 1HReeves County, TX1,319 BBLs14,240 MCFAug 2024
State Pride 57-T3-38Reeves County, TX3,736 BBLs51,105 MCFAug 2024
State Tundra 57-T3-26Reeves County, TX1,416 BBLs20,365 MCFAug 2024
Superbolt 57-3-25 1HReeves County, TX1,059 BBLs9,340 MCFAug 2024
Wyvern State 57-3-27 UnitReeves County, TX33,631 BBLs321,662 MCFAug 2024

Oil & Gas Sales on State 2

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-34312STATE 26Sep 2019DAVIS GAS PROCESSING, INC.OLSEN ENERGY INC.
08-34312STATE 26Aug 2019DAVIS GAS PROCESSING, INC.OLSEN ENERGY INC.
08-34312STATE 26Dec 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Sep 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Sep 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Aug 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Aug 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23May 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26May 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Apr 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Mar 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Mar 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Feb 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Feb 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Jan 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Jan 1998ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Dec 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Dec 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Oct 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Oct 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Aug 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23Jun 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26Jun 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34464STATE 23May 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.
08-34312STATE 26May 1997ONEOK WESTEX TRANSMISSION INCNEW HORIZON EXPLORATION, INC.