Oil & Gas Property in Reeves County, TX
Key data points for Founders Johnson State
| County | Reeves County, TX |
|---|---|
| Production Dates | Jul 2017 - Jan 2025 |
| Total Oil Production | 290,624 BBLs |
| Total Gas Production | 2,742,461 MCF |
| Recent Oil Production | 1,273 BBLs in Dec 2024 |
| Recent Gas Production | 19,225 MCF in Dec 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Founders Johnson State
ShaleAssessment™
$78,887 *
MarketMultiple™
$199,485 **
* 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 20 properties to the Founders Johnson State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Birdman A U03h | Reeves County, TX | 1,125 BBLs | 29,127 MCF | Jan 2025 |
| Black Maple Hill State 12 1H | Reeves County, TX | 1,464 BBLs | 25,079 MCF | Jan 2025 |
| Blantons 20-23e Unit 1H | Reeves County, TX | 977 BBLs | 15,033 MCF | Jan 2025 |
| Buffalo 55-5-39 1H | Reeves County, TX | 3 BBLs | 11,079 MCF | Jan 2025 |
| Bulleit 12-15-16 Unit | Reeves County, TX | 7,767 BBLs | 175,133 MCF | Jan 2025 |
| Citation 14 | Reeves County, TX | 377 BBLs | 15,914 MCF | Jan 2025 |
| Diamond Back | Reeves County, TX | 1 BBLs | 0 MCF | Jan 2025 |
| Knob Creek 12-11 Unit 1H | Reeves County, TX | 978 BBLs | 46,816 MCF | Jan 2025 |
| Larceny 12-11W Unit 1H | Reeves County, TX | 168 BBLs | 19,291 MCF | Jan 2025 |
| Pappy Van Winkle State 20-23 1H | Reeves County, TX | 4,260 BBLs | 84,626 MCF | Jan 2025 |
| Rio Lobo State | Reeves County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Sandhu State | Reeves County, TX | 1,185 BBLs | 25,021 MCF | Dec 2024 |
| State Dragonfly | Reeves County, TX | 5,416 BBLs | 84,202 MCF | Jan 2025 |
| State Einhorn Unit 7 | Reeves County, TX | 62,378 BBLs | 828,825 MCF | Jan 2025 |
| State Firefly 24 Unit | Reeves County, TX | 468 BBLs | 5,538 MCF | Jan 2025 |
| State Mayfly Unit | Reeves County, TX | 5,431 BBLs | 69,337 MCF | Jan 2025 |
| State Oatman | Reeves County, TX | 0 BBLs | 0 MCF | Feb 2021 |
| State Papillon Unit | Reeves County, TX | 20,285 BBLs | 178,107 MCF | Jan 2025 |
| State Stonefly Unit | Reeves County, TX | 14,347 BBLs | 336,081 MCF | Jan 2025 |
| Westway 2122 | Reeves County, TX | 8,500 BBLs | 121,849 MCF | Dec 2024 |
These are the closest 20 companies operating near the Founders Johnson State property.