Brave State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Brave State

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesFeb 2024 - Dec 2024
Total Oil Production303,801 BBLs
Total Gas Production570,208 MCF
Recent Oil Production11,949 BBLs in Nov 2024
Recent Gas Production28,946 MCF in Nov 2024
Wells on Property3

Our Valuation Estimates for Brave State

ShaleAssessment

Not Available

MarketMultiple

$3,562,282 **

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

Based on a decimal interest

Brave State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Brave State
from Feb 2024 to Dec 2024

Wells on Brave State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-40939BRAVE STATE 132HPermian Resources Operating, LLCProducingReeves County, TX31.328292-103.463586
42-389-40940BRAVE STATE 221HPermian Resources Operating, LLCProducingReeves County, TX31.328310-103.463689
42-389-40941BRAVE STATE 222HPermian Resources Operating, LLCProducingReeves County, TX31.327792-103.460713

Leases included in Brave State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-61623BRAVE STATEPermian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Brave State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Belle StarrReeves County, TX6,834 BBLs73,126 MCFDec 2024
Big Gipper StateReeves County, TX1,648 BBLs5,342 MCFDec 2024
Billy Miner 27Reeves County, TX1,495 BBLs1,839 MCFDec 2024
Chevron MineralsReeves County, TX1,467 BBLs2 MCFDec 2024
Cole Younger State 30Reeves County, TX22,387 BBLs61,828 MCFDec 2024
Colley State 22Reeves County, TX314 BBLs886 MCFDec 2024
Cwi StateReeves County, TX9,467 BBLs66,873 MCFDec 2024
Gipper StateReeves County, TX3,664 BBLs8,175 MCFDec 2024
Ike StateReeves County, TX529 BBLs1,183 MCFDec 2024
Intrepid State UnitReeves County, TX17,803 BBLs37,049 MCFDec 2024
J.T. MorrisReeves County, TX52,500 BBLs111,193 MCFNov 2024
Jack StateReeves County, TX10,929 BBLs54,243 MCFDec 2024
King FisherReeves County, TX1,984 BBLs2,114 MCFDec 2024
Lowe 26Reeves County, TX1,163 BBLs2,016 MCFDec 2024
Matador 6-33Reeves County, TX2,113 BBLs11,184 MCFDec 2024
MonroeReeves County, TX26,259 BBLs63,463 MCFDec 2024
Old Hickory StateReeves County, TX4,248 BBLs6,643 MCFDec 2024
Paladin 43Reeves County, TX0 BBLs0 MCFJun 2020
Roy Bean 42Reeves County, TX678 BBLs1,553 MCFDec 2024
Tall Texan State 36Reeves County, TX552 BBLs5,151 MCFDec 2024

Frac'ing activity on Brave State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-40939Brave State 132H
42-389-40940Brave State 221H
42-389-40941Brave State 222H

Oil & Gas Sales on Brave State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
08-61623BRAVE STATEOct 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-61623BRAVE STATESep 2024BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-61623BRAVE STATESep 2024PERMIAN RESOURCES OPERATING, LLC