Challenger State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Challenger State

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesNov 2015 - Sep 2024
Total Oil Production737,718 BBLs
Total Gas Production1,230,248 MCF
Recent Oil Production9,167 BBLs in Aug 2024
Recent Gas Production20,355 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for Challenger State

ShaleAssessment

$67,667 *

MarketMultiple

$1,215,274 **

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

Based on a decimal interest

Challenger State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Challenger State
from Nov 2015 to Sep 2024

Wells on Challenger State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34451CHALLENGER STATE 1HPermian Resources Operating, LLCProducingReeves County, TX31.217048-103.506371
42-389-39849CHALLENGER STATE A C32HPermian Resources Operating, LLCProducingReeves County, TX31.231745-103.504127
42-389-39850CHALLENGER STATE B T49HPermian Resources Operating, LLCProducingReeves County, TX31.231727-103.504033

Leases included in Challenger State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49195CHALLENGER STATEPermian Resources Operating, LLCReeves County, TX
08-58608CHALLENGER STATE APermian Resources Operating, LLCReeves County, TX
08-58610CHALLENGER STATE BPermian Resources Operating, LLCReeves County, TX

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bad Brains StateReeves County, TX42,446 BBLs105,332 MCFSep 2024
Black Flag State Unit 253-254Reeves County, TX11,420 BBLs0 MCFSep 2024
Blake Fowler UnitReeves County, TX974 BBLs863 MCFSep 2024
Blue Topaz State Unit 251-252Reeves County, TX29,485 BBLs69,296 MCFSep 2024
BushReeves County, TX0 BBLs0 MCFApr 2023
Charger StateReeves County, TX1,284 BBLs905 MCFSep 2024
Charles Goodnight 266-265 UnitReeves County, TX15,605 BBLs73,946 MCFSep 2024
CollinsReeves County, TX438 BBLs440 MCFSep 2024
Cowhorn Unit 208-209Reeves County, TX7,054 BBLs11,023 MCFSep 2024
CrisanReeves County, TX792 BBLs1,085 MCFSep 2024
FaudreeReeves County, TX4 BBLs9 MCFAug 2024
Graves StateReeves County, TX9,840 BBLs28,550 MCFSep 2024
HendrickReeves County, TX0 BBLs0 MCFNov 2023
Hendrick State 13-254Reeves County, TX0 BBLs0 MCFSep 2023
Pink 42Reeves County, TX1,173 BBLs3,777 MCFSep 2024
Pink FloydReeves County, TX8,693 BBLs31,077 MCFSep 2024
RamonesReeves County, TX0 BBLs0 MCFJul 2024
Sam PrewitReeves County, TX16,934 BBLs41,703 MCFSep 2024
Shelby StateReeves County, TX2,535 BBLs4,159 MCFSep 2024
Terrill StateReeves County, TX62 BBLs0 MCFSep 2024

Owners of Challenger State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PERMIAN RESOURCES OPERATING LLCCHALLENGER STATE A C32HPERMIAN RESOUR
2024PERMIAN RESOURCES OPERATING LLCCHALLENGER STATE B T 49HPERMIAN RESOUR
2024PERMIAN RESOURCES OPERATING LLCCHALLENGER STATEPERMIAN RESOUR
2024EXEMPT-STATE OF TEXASCHALLENGER STATE B T 49HPERMIAN RESOUR
2024EXEMPT-STATE OF TEXASCHALLENGER STATE A C32HPERMIAN RESOUR
2024EXEMPT-STATE OF TEXASCHALLENGER STATEPERMIAN RESOUR
2024GIBSON ADDISON H FOUNDATIONCHALLENGER STATE B T 49HPERMIAN RESOUR
2024GIBSON ADDISON H FOUNDATIONCHALLENGER STATE A C32HPERMIAN RESOUR
Displaying 8 of 172 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Challenger State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-58608CHALLENGER STATE AAug 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEAug 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BAug 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEJul 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEJul 2024PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AJul 2024PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AJul 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BJul 2024PERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BJul 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AJun 2024PERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEJun 2024PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AJun 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEJun 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BJun 2024PERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BJun 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AMay 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AMay 2024PERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BMay 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEMay 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BMay 2024PERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEMay 2024PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AApr 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AApr 2024PERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEApr 2024SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEApr 2024PERMIAN RESOURCES OPERATING, LLC