Black Flag State Unit 253-254

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Black Flag State Unit 253-254

CountyReeves County, TX
OperatorAPACHE CORPORATION
Production DatesJul 2018 - Jan 2025
Total Oil Production2,652,365 BBLs
Total Gas Production5,621,377 MCF
Recent Oil Production31,452 BBLs in Dec 2024
Recent Gas Production36,931 MCF in Dec 2024
Wells on Property12

Our Valuation Estimates for Black Flag State Unit 253-254

ShaleAssessment

$17,106 *

MarketMultiple

$4,955,559 **

* 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 Jan 2025

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 2UAAPACHE CORPORATIONProducingReeves County, TX31.248837-103.519459
42-389-40853BLACK FLAG STATE UNIT 253-254E 11BSAPACHE CORPORATIONShut InReeves County, TX31.248826-103.519396
42-389-40854BLACK FLAG STATE UNIT 253-254W 1UAAPACHE CORPORATIONProducingReeves County, TX31.248871-103.519647
42-389-40855BLACK FLAG STATE UNIT 253-254W 10BSAPACHE CORPORATIONHorizontal Well Surface LocatioReeves County, TX31.248860-103.519584
42-389-40856BLACK FLAG STATE UNIT 253-254W 17HAPACHE CORPORATIONHorizontal 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

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, TX38,731 BBLs74,808 MCFJan 2025
Blue Topaz State Unit 251-252Reeves County, TX26,226 BBLs72,588 MCFJan 2025
BushReeves County, TX0 BBLs0 MCFApr 2023
Challenger StateReeves County, TX9,364 BBLs26,227 MCFJan 2025
Charger StateReeves County, TX3,257 BBLs2,078 MCFJan 2025
Charles Goodnight 266-265 UnitReeves County, TX10,269 BBLs43,987 MCFJan 2025
Clay Prewit 206-207 UnitReeves County, TX4,098 BBLs8,146 MCFJan 2025
Cowhorn Unit 208-209Reeves County, TX65,967 BBLs101,190 MCFJan 2025
CrisanReeves County, TX1,092 BBLs1,282 MCFJan 2025
Gunsmoke 19Reeves County, TX3,145 BBLs12,312 MCFJan 2025
Habanero 197-198 UnitReeves County, TX5,242 BBLs7,637 MCFJan 2025
HendrickReeves County, TX0 BBLs0 MCFNov 2023
Hendrick State 13-254Reeves County, TX0 BBLs0 MCFSep 2023
JaguarReeves County, TX1,139 BBLs5,702 MCFJan 2025
Lone Ranger State 192Reeves County, TX8,531 BBLs17,058 MCFJan 2025
Ramones Unit 267-266Reeves County, TX62,773 BBLs92,388 MCFJan 2025
RiflemanReeves County, TX0 BBLs0 MCFJan 2025
Sam PrewitReeves County, TX13,280 BBLs29,036 MCFJan 2025
Sugar Raider 191Reeves County, TX17,871 BBLs59,577 MCFJan 2025
Terrill StateReeves County, TX128 BBLs0 MCFJan 2025

Frac'ing activity on Black Flag State Unit 253-254

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-34064BUSH 13-253 5H
42-389-37363Black Flag 253-254E 10H
42-389-37449Black Flag State Unit 253-254W 1H
42-389-37450Black Flag State Unit 253-254W 2H
42-389-37451BLACK FLAG STATE UNIT 253-254W 3H
42-389-37451BLUE TOPAZ STATE UNIT 251-252W 1H
42-389-37451BLACK FLAG STATE UNIT 253-254W 3H
42-389-38779BLACK FLAG STATE UNIT 253 254E 99H
42-389-40852Callon Black Flag 253-254E 02UA
42-389-40853Callon Black Flag 253-254E 11BS
42-389-40854Callon Black Flag 253-254W 01UA
42-389-40855Callon Black Flag 253-254W 10BS
42-389-40856Callon Black Flag 253-254W 17H

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
08-52541BLACK FLAG STATE UNIT 253-254WNov 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254ENov 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EOct 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EOct 2024ET GATHERING & PROCESSING LLCAPACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EOct 2024DCP OPERATING COMPANY, LPAPACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WOct 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WOct 2024APACHE CORPORATIONAPACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WOct 2024ET GATHERING & PROCESSING LLCAPACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WOct 2024DCP OPERATING COMPANY, LPAPACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WSep 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254ESep 2024PLAINS MARKETING, L.P.APACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EAug 2024APACHE CORPORATIONAPACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EAug 2024APACHE CORPORATIONAPACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WAug 2024ET GATHERING & PROCESSING LLCAPACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EAug 2024DCP OPERATING COMPANY, LPAPACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WAug 2024DCP OPERATING COMPANY, LPAPACHE CORPORATION
08-50139BLACK FLAG STATE UNIT 253-254EAug 2024ET GATHERING & PROCESSING LLCAPACHE CORPORATION
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
08-52541BLACK FLAG STATE UNIT 253-254WAug 2024APACHE CORPORATIONAPACHE CORPORATION
08-52541BLACK FLAG STATE UNIT 253-254WAug 2024APACHE CORPORATIONAPACHE 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