Black Flag State Unit 253-254

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Black Flag State Unit 253-254 Oil & Gas Property

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Property Summary

Key data points for Black Flag State Unit 253-254

CountyReeves County, TX
Production DatesJul 2018 - Aug 2024
Total Oil Production2,454,782 BBLs
Total Gas Production5,369,073 MCF
Recent Oil Production32,126 BBLs in Jul 2024
Recent Gas Production47,584 MCF in Jul 2024
Wells on Property12

Our Valuation Estimates for Black Flag State Unit 253-254

ShaleAssessment™

$18,642 *

MarketMultiple™

$2,854,705 **

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

Based on a decimal interest

Black Flag State Unit 253-254 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Black Flag State Unit 253-254
from Jul 2018 to Aug 2024

Wells on Black Flag State Unit 253-254

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
42-389-34064BLACK FLAG STATE UNIT 253-254E 5HAPACHE CORPORATIONShut InReeves County, TX31.233944-103.516894
42-389-37363BLACK FLAG STATE UNIT 253-254E 10HAPACHE CORPORATIONProducingReeves County, TX31.220376-103.520776
42-389-37449BLACK FLAG STATE UNIT 253-254W 1HAPACHE CORPORATIONProducingReeves County, TX31.222492-103.534390
42-389-37450BLACK FLAG STATE UNIT 253-254W 2HAPACHE CORPORATIONProducingReeves County, TX31.222472-103.534282
42-389-37451BLACK FLAG STATE UNIT 253-254W 3HAPACHE CORPORATIONShut InReeves County, TX31.222400-103.534383
42-389-37452BLACK FLAG STATE UNIT 253-254W 4HAPACHE CORPORATIONShut InReeves County, TX31.222452-103.534172
42-389-38779BLACK FLAG STATE UNIT 253-254E 99HAPACHE CORPORATIONProducingReeves County, TX31.233529-103.514242
42-389-40852BLACK FLAG STATE UNIT 253-254E 2UACALLON PETROLEUM OPERATING COHorizontal Well Surface LocatioReeves County, TX31.248837-103.519459
42-389-40853BLACK FLAG STATE UNIT 253-254E 11BSCALLON PETROLEUM OPERATING COHorizontal Well Surface LocatioReeves County, TX31.248826-103.519396
42-389-40854BLACK FLAG STATE UNIT 253-254W 1UACALLON PETROLEUM OPERATING COHorizontal Well Surface LocatioReeves County, TX31.248871-103.519647
42-389-40855BLACK FLAG STATE UNIT 253-254W 10BSCALLON PETROLEUM OPERATING COHorizontal Well Surface LocatioReeves County, TX31.248860-103.519584
42-389-40856BLACK FLAG STATE UNIT 253-254W 17HCALLON PETROLEUM OPERATING COHorizontal Well Surface LocatioReeves County, TX31.248849-103.519521

Leases included in Black Flag State Unit 253-254

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50139BLACK FLAG STATE UNIT 253-254EAPACHE CORPORATIONReeves County, TX
08-52541BLACK FLAG STATE UNIT 253-254WAPACHE CORPORATIONReeves County, TX

Operators Associated With Black Flag State Unit 253-254

Nearby Properties

These are the closest 20 properties to the Black Flag State Unit 253-254 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bad Brains StateReeves County, TX67,069 BBLs138,446 MCFAug 2024
Blake Fowler UnitReeves County, TX1,498 BBLs3,073 MCFAug 2024
Blue Topaz State Unit 251-252Reeves County, TX26,951 BBLs101,833 MCFAug 2024
BushReeves County, TX0 BBLs0 MCFApr 2023
Challenger StateReeves County, TX8,098 BBLs13,080 MCFAug 2024
Charger StateReeves County, TX63 BBLs74 MCFAug 2024
Charles Goodnight 266-265 UnitReeves County, TX16,659 BBLs83,406 MCFAug 2024
Cowhorn Unit 208-209Reeves County, TX0 BBLs0 MCFSep 2024
CrisanReeves County, TX1,003 BBLs1,225 MCFAug 2024
Gunsmoke 19Reeves County, TX3,955 BBLs14,269 MCFAug 2024
HendrickReeves County, TX0 BBLs0 MCFNov 2023
Hendrick State 13-254Reeves County, TX0 BBLs0 MCFSep 2023
JaguarReeves County, TX34 BBLs2,090 MCFAug 2024
RamonesReeves County, TX31,682 BBLs44,954 MCFJul 2024
RiflemanReeves County, TX0 BBLs0 MCFJun 2022
Roddy 14Reeves County, TX0 BBLs0 MCFApr 2024
Sam PrewitReeves County, TX16,553 BBLs46,743 MCFAug 2024
Shelby StateReeves County, TX2,547 BBLs3,262 MCFAug 2024
Sugar Raider 191Reeves County, TX17,832 BBLs51,898 MCFAug 2024
Terrill StateReeves County, TX245 BBLs0 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Black Flag State Unit 253-254 property.

Company Name
Apache Corporation
Atlantic Operating, Inc.
Browning Oil Company, Inc.
Callon Petroleum Operating Co
Centennial Resource Prod, LLC
Civitas Permian Operating, LLC
COG Operating LLC
Eagle Oil & Gas Co.
Greenlake Energy Operating, LLC
Noble Energy Inc
Oxy USA Inc
Oxy USA WTP LP
Permian Resources Operating, LLC
Primexx Operating Corporation
Rosetta Resources Operating LP
Thompson, J. Cleo
Upcurve Energy, LLC
Vital Energy, Inc.
Waterbridge Texas Operating LLC
Williams, Clayton Energy, Inc.

Owners of Black Flag State Unit 253-254

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CALLON PETROLEUM OPERATING COBLACK FLAG STATE UNIT 253-25CALLON PETROLE
2024CALLON PETROLEUM OPERATING COBLACK FLAG STATE 253-254E W1CALLON PETROLE
2024CALLON PETROLEUM OPERATING COBLACK FLAG STATE 253-254E W9CALLON PETROLE
2024SITIO PERMIAN LPBLACK FLAG STATE UNIT 253-25CALLON PETROLE
2024EXEMPT-STATE OF TEXASBLACK FLAG STATE UNIT 253-25CALLON PETROLE
2024EXEMPT-STATE OF TEXASBLACK FLAG STATE 253-254E W9CALLON PETROLE
2024RHOADS INVESTMENTS LPBLACK FLAG STATE UNIT 253-25CALLON PETROLE
2024SITIO PERMIAN LPBLACK FLAG STATE 253-254E W1CALLON PETROLE
Displaying 8 of 151 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Black Flag State Unit 253-254

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-50139BLACK FLAG STATE UNIT 253-254EAug 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WAug 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EJul 2024PLAINS MARKETING, L.P.CALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJul 2024RIO ENERGY INTERNATIONAL, INC.CALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJul 2024TRAFIGURA TRADING LLCCALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJul 2024CALLON PETROLEUM OPERATING COMPANYCALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJul 2024PLAINS MARKETING, L.P.CALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJul 2024CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJul 2024RIO ENERGY INTERNATIONAL, INC.CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJul 2024TRAFIGURA TRADING LLCCALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJul 2024CALLON PETROLEUM OPERATING COMPANYCALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJul 2024CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJun 2024CALLON PETROLEUM OPERATING COMPANYCALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJun 2024CALLON PETROLEUM OPERATING COMPANYCALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJun 2024TRAFIGURA TRADING LLCCALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJun 2024RIO ENERGY INTERNATIONAL, INC.CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJun 2024RIO ENERGY INTERNATIONAL, INC.CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJun 2024TRAFIGURA TRADING LLCCALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJun 2024PLAINS MARKETING, L.P.CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJun 2024PLAINS MARKETING, L.P.CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WJun 2024CALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EJun 2024CALLON PETROLEUM OPERATING COMPANY
08-50139BLACK FLAG STATE UNIT 253-254EMay 2024PLAINS MARKETING, L.P.CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WMay 2024PLAINS MARKETING, L.P.CALLON PETROLEUM OPERATING COMPANY
08-52541BLACK FLAG STATE UNIT 253-254WMay 2024RIO ENERGY INTERNATIONAL, INC.CALLON PETROLEUM OPERATING COMPANY