State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State

CountyReeves County, TX
Production DatesApr 2007 - Jan 2025
Total Oil Production43 BBLs
Total Gas Production29,639,683 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production96,860 MCF in Dec 2024
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment

Not Available

MarketMultiple

$65,479 **

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

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Apr 2007 to Jan 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-31856STATE HB 1POGO PRODUCING COMPANYDry HoleReeves County, TX31.664204-103.656411
42-389-32407STATE 71 1Contango Resources, LLCTemp AbandonedReeves County, TX31.644301-103.709746
42-389-32434STATE 67 1FOREST OIL CORPORATIONPermitted LocationReeves County, TX31.648386-103.702735
42-389-32441STATE 71 1RContango Resources, LLCTemp AbandonedReeves County, TX31.644301-103.709746
42-389-32553STATE 71 2STContango Resources, LLCProducingReeves County, TX31.638881-103.707940

Leases included in State

Lease #Lease NameOperatorCountyMonthly Gas Prod.
08-264576STATE 71 2STContango Resources, LLCReeves County, TX
08-279295STATE 71 1Contango Resources, LLCReeves County, TX
08-280130STATE 71 1RContango Resources, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AylesworthReeves County, TX0 BBLs0 MCFApr 2001
Beaverhead State 2-24 UnitReeves County, TX1,166 BBLs4,564 MCFJan 2025
Expedition State Unit 71-67Reeves County, TX9,050 BBLs95,042 MCFJan 2025
Goldfinger State Unit 71-67Reeves County, TX13,260 BBLs127,193 MCFJan 2025
Greybull 55-4Reeves County, TX534 BBLs30 MCFJan 2025
Harrison State Unit 12-24-16Reeves County, TX8,758 BBLs33,387 MCFJan 2025
Herc State 6-1Reeves County, TX26,396 BBLs212,605 MCFJan 2025
Jupiter 2-36Reeves County, TX2,275 BBLs3,287 MCFJan 2025
Langley 2-36Reeves County, TX1,953 BBLs2,347 MCFJan 2025
Maisie State 10Reeves County, TX963 BBLs3,663 MCFJan 2025
RangerReeves County, TX9,785 BBLs74,737 MCFJan 2025
Santa Rosa 54-4-3 1HReeves County, TX2,172 BBLs6,575 MCFJan 2025
SieversReeves County, TX779 BBLs854 MCFJan 2025
Sievers 2-35Reeves County, TX69,339 BBLs409,561 MCFJan 2025
Skyfall StateReeves County, TX119,640 BBLs556,878 MCFJan 2025
SMR U08hReeves County, TX803 BBLs3,537 MCFJan 2025
South Mitre 2 UnitReeves County, TX9,974 BBLs62,158 MCFJan 2025
Tarantula Hawk 2-40Reeves County, TX422 BBLs1,552 MCFJan 2025
Thunderball State 4-67 UReeves County, TX28,083 BBLs142,096 MCFJan 2025
Williamsburg 54-4-5 1HReeves County, TX2,195 BBLs10,805 MCFJan 2025

Frac'ing activity on State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-32553State 71 02R
42-389-32553State 71 02R

Owners of State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CONTANGO RESOURCESSTATE 71 #2STCONTANGO RESOU
2024EXEMPT-STATE OF TEXASSTATE 71 #2STCONTANGO RESOU

Oil & Gas Sales on State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-264576STATE 71 2STJun 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STApr 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STMar 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STFeb 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STJan 2024CONTANGO RESOURCES, LLC
08-264576STATE 71 2STDec 2023CONTANGO RESOURCES, LLC
08-264576STATE 71 2STNov 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STOct 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STSep 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STAug 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJul 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJun 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STMay 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STApr 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STMar 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STFeb 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJan 2023ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STDec 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STNov 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STOct 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STSep 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STAug 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJul 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STJun 2022ENTERPRISE PRODUCTS OPERATING LLCCONTANGO RESOURCES, LLC
08-264576STATE 71 2STDec 2021VAQUERO GAS COMPANY INCORPORATEDFDL OPERATING, LLC