State Cortez Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State Cortez Unit

CountyReeves County, TX
OperatorEOG RESOURCES, INC.
Production DatesMar 2018 - Jan 2025
Total Oil Production4,514,971 BBLs
Total Gas Production21,927,488 MCF
Recent Oil Production18,604 BBLs in Dec 2024
Recent Gas Production135,359 MCF in Dec 2024
Wells on Property12

Our Valuation Estimates for State Cortez Unit

ShaleAssessment

$153,676 *

MarketMultiple

$2,973,872 **

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

Based on a decimal interest

State Cortez Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State Cortez Unit
from Mar 2018 to Jan 2025

Wells on State Cortez Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-36613STATE CORTEZ UNIT 1HEOG RESOURCES, INC.ProducingReeves County, TX31.651584-103.805796
42-389-36614STATE CORTEZ UNIT 2HEOG RESOURCES, INC.ProducingReeves County, TX31.651579-103.802520
42-389-36625STATE CORTEZ UNIT 3HEOG RESOURCES, INC.ProducingReeves County, TX31.651825-103.800843
42-389-36990STATE CORTEZ UNIT 4HEOG RESOURCES, INC.ProducingReeves County, TX31.650029-103.796108
42-389-36991STATE CORTEZ UNIT 5HEOG RESOURCES, INC.ProducingReeves County, TX31.650029-103.796002
42-389-36992STATE CORTEZ UNIT 6HEOG RESOURCES, INC.ProducingReeves County, TX31.650022-103.792133
42-389-36993STATE CORTEZ UNIT 7HEOG RESOURCES, INC.ProducingReeves County, TX31.650023-103.792026
42-389-38327STATE CORTEZ UNIT 8HEOG RESOURCES, INC.Horizontal Well Surface LocatioReeves County, TX31.651750-103.805605
42-389-41167STATE CORTEZ UNIT 731HEOG RESOURCES, INC.Shut InReeves County, TX31.648964-103.797667
42-389-41168STATE CORTEZ UNIT 732HEOG RESOURCES, INC.Shut InReeves County, TX31.650189-103.791834
42-389-41169STATE CORTEZ UNIT 751HEOG RESOURCES, INC.Shut InReeves County, TX31.648964-103.797773
42-389-41170STATE CORTEZ UNIT 752HEOG RESOURCES, INC.Shut InReeves County, TX31.650192-103.791728

Leases included in State Cortez Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-284836STATE CORTEZ UNIT 2HEOG RESOURCES, INC.Reeves County, TX
08-285009STATE CORTEZ UNIT 1HEOG RESOURCES, INC.Reeves County, TX
08-287245STATE CORTEZ UNIT 5HEOG RESOURCES, INC.Reeves County, TX
08-287246STATE CORTEZ UNIT 6HEOG RESOURCES, INC.Reeves County, TX
08-287248STATE CORTEZ UNIT 7HEOG RESOURCES, INC.Reeves County, TX
08-287287STATE CORTEZ UNIT 4HEOG RESOURCES, INC.Reeves County, TX
08-288016STATE CORTEZ UNIT 3HEOG RESOURCES, INC.Reeves County, TX
08-298597STATE CORTEZ UNIT 752HEOG RESOURCES, INC.Reeves County, TX
08-298720STATE CORTEZ UNIT 751HEOG RESOURCES, INC.Reeves County, TX
08-298780STATE CORTEZ UNIT 732HEOG RESOURCES, INC.Reeves County, TX
08-298798STATE CORTEZ UNIT 731HEOG RESOURCES, INC.Reeves County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anaconda State 55-2Reeves County, TX4,435 BBLs24,741 MCFJan 2025
BoucherReeves County, TX1,580 BBLs13,260 MCFJan 2025
BraggReeves County, TX13,836 BBLs179,663 MCFJan 2025
Chalk Bluff 55-4-1 1HReeves County, TX2,514 BBLs8,058 MCFJan 2025
DixielandReeves County, TX0 BBLs0 MCFSep 2024
Dixieland State 55-6Reeves County, TX30,712 BBLs284,656 MCFJan 2025
Griffin State 56-3-41 UnitReeves County, TX6,691 BBLs37,623 MCFJan 2025
Magic State 56-3-39 UnitReeves County, TX9,754 BBLs58,679 MCFJan 2025
Manticore State 55-3-3 UnitReeves County, TX11,267 BBLs96,134 MCFJan 2025
Moon State 55-3-5 UnitReeves County, TX7,515 BBLs43,733 MCFJan 2025
Moon State 55-3-5 Unit 1HReeves County, TX2,024 BBLs11,285 MCFJan 2025
Red Lodge C20-11Reeves County, TX23,453 BBLs196,757 MCFJan 2025
RenegadeReeves County, TX939 BBLs12,809 MCFJan 2025
Sapphire State C20-12Reeves County, TX1,026 BBLs4,325 MCFJan 2025
Sawtooth State 55-6Reeves County, TX704 BBLs5,256 MCFJan 2025
Sheridan 55-4-5 1HReeves County, TX1,633 BBLs9,401 MCFJan 2025
State Lookouts 12-16-17 UnitReeves County, TX51,838 BBLs371,907 MCFJan 2025
SteamworksReeves County, TX2,305 BBLs15,738 MCFJan 2025
Thunder CanyonReeves County, TX3,367 BBLs62,626 MCFJan 2025
UintaReeves County, TX3,288 BBLs31,518 MCFJan 2025

Frac'ing activity on State Cortez Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-36613STATE CORTEZ A #1H
42-389-36614STATE CORTEZ B #2H
42-389-36625STATE CORTEZ UNIT #3H
42-389-36990STATE CORTEZ UNIT #4H
42-389-36991STATE CORTEZ UNIT #5H
42-389-36992STATE CORTEZ UNIT #6H
42-389-36993STATE CORTEZ UNIT #7H
42-389-41167STATE CORTEZ UNIT #731H
42-389-41168STATE CORTEZ UNIT #732H
42-389-41169STATE CORTEZ UNIT #751H
42-389-41170STATE CORTEZ UNIT #752H

Owners of State Cortez Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024EOG RESOURCES INCSTATE CORTEZ UNIT #5HEOG RESOURCES,
2024EOG RESOURCES INCSTATE CORTEZ UNIT #6HEOG RESOURCES,
2024EOG RESOURCES INCSTATE CORTEZ UNIT #3HEOG RESOURCES,
2024EOG RESOURCES INCSTATE CORTEZ UNIT #7HEOG RESOURCES,
2024EOG RESOURCES INCSTATE CORTEZ UNIT #4HEOG RESOURCES,
2024EOG RESOURCES INCSTATE CORTEZ UNIT #2HEOG RESOURCES,
2024EOG RESOURCES INCSTATE CORTEZ UNIT #1HEOG RESOURCES,
2024CHEVRON ADVANTAGE INCSTATE CORTEZ UNIT #5HEOG RESOURCES,
Displaying 8 of 35 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Cortez Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-284836STATE CORTEZ UNIT 2HSep 2024EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HSep 2024EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HSep 2024EOG RESOURCES, INC.
08-284836STATE CORTEZ UNIT 2HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HSep 2024EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HSep 2024EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HSep 2024EOG RESOURCES, INC.
08-285009STATE CORTEZ UNIT 1HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HSep 2024EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HSep 2024EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HSep 2024EOG RESOURCES, INC.
08-287245STATE CORTEZ UNIT 5HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HSep 2024EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HSep 2024EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HSep 2024EOG RESOURCES, INC.
08-287246STATE CORTEZ UNIT 6HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HSep 2024EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HSep 2024EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HSep 2024EOG RESOURCES, INC.
08-287248STATE CORTEZ UNIT 7HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-287287STATE CORTEZ UNIT 4HSep 2024EOG RESOURCES, INC.
08-287287STATE CORTEZ UNIT 4HSep 2024EOG RESOURCES, INC.
08-287287STATE CORTEZ UNIT 4HSep 2024EOG RESOURCES, INC.
08-287287STATE CORTEZ UNIT 4HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-288016STATE CORTEZ UNIT 3HSep 2024EOG RESOURCES, INC.