Oil & Gas Property in Reeves County, TX
Key data points for Alta
| County | Reeves County, TX |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jan 2017 - Aug 2024 |
| Total Oil Production | 63,825 BBLs |
| Total Gas Production | 3,532,553 MCF |
| Recent Oil Production | 71 BBLs in Jul 2024 |
| Recent Gas Production | 14,861 MCF in Jul 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Alta
ShaleAssessment™
$31,833 *
MarketMultiple™
$70,064 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 8 properties to the Alta property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Alta 1 | Reeves County, TX | 457 BBLs | 75,310 MCF | Aug 2024 |
| Cheyenne | Reeves County, TX | 19 BBLs | 19,817 MCF | Aug 2024 |
| Denton Unit 68-107 | Reeves County, TX | 623 BBLs | 5,455 MCF | Aug 2024 |
| Elbert State Unit 10 | Reeves County, TX | 145 BBLs | 57,832 MCF | Aug 2024 |
| Longs Peak State Unit 10 | Reeves County, TX | 214 BBLs | 36,620 MCF | Aug 2024 |
| Lumbee | Reeves County, TX | 578 BBLs | 298,278 MCF | Aug 2024 |
| MT. Hunter 10 | Reeves County, TX | 97 BBLs | 25,727 MCF | Aug 2024 |
| Weissmies | Reeves County, TX | 149 BBLs | 48,938 MCF | Aug 2024 |
These are the closest 1 companies operating near the Alta property.
| Company Name |
|---|
| Apache Corporation |