State

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. State Oil & Gas Property

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Property Summary

Key data points for State

CountyReeves County, TX
Production DatesApr 2007 - Nov 2024
Total Oil Production43 BBLs
Total Gas Production29,427,071 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$47,153 **

* 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 Nov 2024

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 NameOperatorCounty
08-264576STATE 71 2STContango Resources, LLCReeves County, TX
08-279295STATE 71 1Contango Resources, LLCReeves County, TX
08-280130STATE 71 1RContango Resources, LLCReeves County, TX

Operators Associated With State

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, TX819 BBLs4,849 MCFNov 2024
Expedition State Unit 71-67Reeves County, TX9,669 BBLs103,703 MCFNov 2024
Goldfinger State Unit 71-67Reeves County, TX13,002 BBLs116,794 MCFNov 2024
Greybull 55-4Reeves County, TX1,046 BBLs60 MCFNov 2024
Harrison State Unit 12-24-16Reeves County, TX9,939 BBLs44,456 MCFNov 2024
Herc State 6-1Reeves County, TX20,707 BBLs165,235 MCFNov 2024
Jupiter 2-36Reeves County, TX2,222 BBLs7,243 MCFNov 2024
Langley 2-36Reeves County, TX1,490 BBLs5,553 MCFNov 2024
Maisie State 10Reeves County, TX1,335 BBLs4,933 MCFNov 2024
RangerReeves County, TX10,494 BBLs80,864 MCFNov 2024
Santa Rosa 54-4-3 1HReeves County, TX1,430 BBLs3,750 MCFNov 2024
SieversReeves County, TX783 BBLs2,248 MCFNov 2024
Sievers 2-35Reeves County, TX71,243 BBLs406,824 MCFNov 2024
Skyfall StateReeves County, TX156,828 BBLs660,622 MCFNov 2024
SMR U08hReeves County, TX406 BBLs2,220 MCFNov 2024
South Mitre 2 UnitReeves County, TX9,329 BBLs61,758 MCFNov 2024
Tarantula Hawk 2-40Reeves County, TX3,925 BBLs2,983 MCFNov 2024
Thunderball State 4-67 UReeves County, TX30,478 BBLs156,884 MCFNov 2024
Williamsburg 54-4-5 1HReeves County, TX1,511 BBLs6,301 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the State property.

Company Name
Anadarko E&P Onshore LLC
Anadarko Petroleum Corporation
Apache Corporation
Bta Oil Producers, LLC
Cimarex Energy Co
CPX Energy Operating, LLC
Diamondback E&P LLC
Enron Oil & Gas Company
EOG Resources, Inc.
Eqv Operating LLC
Helmerich & Payne, Inc.
Hillin Prod. Co.
Norwood, A. N., Inc.
Notting Hill Energy LLC
R K Petroleum Corp.
Resolute Natural Res. Co., LLC
Rio Oil And Gas (Permian) II,LLC
Texasgulf Inc.
TRP Operating LLC
WPX Energy Permian, LLC

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