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 - Jun 2024
Total Oil Production43 BBLs
Total Gas Production29,405,443 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$99,790 **

* 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 Jun 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, TX1,072 BBLs4,688 MCFAug 2024
Expedition State Unit 71-67Reeves County, TX10,385 BBLs113,835 MCFAug 2024
Goldfinger State Unit 71-67Reeves County, TX12,155 BBLs98,850 MCFAug 2024
Greybull 55-4Reeves County, TX1,314 BBLs1,376 MCFAug 2024
Harrison State Unit 12-24-16Reeves County, TX10,237 BBLs43,701 MCFAug 2024
Herc State 6-1Reeves County, TX26,484 BBLs205,897 MCFAug 2024
Jupiter 2-36Reeves County, TX2,164 BBLs7,926 MCFAug 2024
Langley 2-36Reeves County, TX1,910 BBLs8,105 MCFAug 2024
Maisie State 10Reeves County, TX1,588 BBLs5,585 MCFAug 2024
RangerReeves County, TX11,313 BBLs82,886 MCFAug 2024
Santa Rosa 54-4-3 1HReeves County, TX2,276 BBLs5,905 MCFAug 2024
SieversReeves County, TX865 BBLs1,858 MCFAug 2024
Sievers 2-35Reeves County, TX85,268 BBLs447,207 MCFAug 2024
Skyfall StateReeves County, TX270,740 BBLs893,713 MCFAug 2024
SMR U08hReeves County, TX694 BBLs3,520 MCFAug 2024
South Mitre 2 UnitReeves County, TX9,579 BBLs55,646 MCFAug 2024
Tarantula Hawk 2-40Reeves County, TX2,870 BBLs10,856 MCFAug 2024
Thunderball State 4-67 UReeves County, TX32,638 BBLs160,786 MCFAug 2024
Williamsburg 54-4-5 1HReeves County, TX2,533 BBLs10,861 MCFAug 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
Helmerich & Payne, Inc.
Hillin Prod. Co.
Norwood, A. N., Inc.
Notting Hill Energy LLC
R K Petroleum Corp.
Rattler Midstream Operating LLC
Resolute Natural Res. Co., LLC
Rio Oil And Gas (Permian) II,LLC
Rki Exploration & Production LLC
Texasgulf Inc.
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