Oil & Gas Property in Reeves County, TX
Key data points for George 1
| County | Reeves County, TX |
|---|---|
| Operator | WPX ENERGY PERMIAN, LLC |
| Production Dates | Apr 2018 - Jan 2025 |
| Total Oil Production | 999,927 BBLs |
| Total Gas Production | 17,798,173 MCF |
| Recent Oil Production | 4,834 BBLs in Dec 2024 |
| Recent Gas Production | 71,803 MCF in Dec 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for George 1
ShaleAssessment™
$18,106 *
MarketMultiple™
$776,291 **
* 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 George 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Catclaw Unit 2-31 | Reeves County, TX | 1,397 BBLs | 8,976 MCF | Jan 2025 |
| Cold Harbor State 2-40 Unit | Reeves County, TX | 1,600 BBLs | 6,593 MCF | Jan 2025 |
| Conquista State Unit 54-1-8 | Reeves County, TX | 11,950 BBLs | 170,448 MCF | Jan 2025 |
| Expedition State Unit 71-67 | Reeves County, TX | 9,050 BBLs | 95,042 MCF | Jan 2025 |
| Harrison Unit 2-38 1H | Reeves County, TX | 737 BBLs | 18,782 MCF | Jan 2025 |
| Hattie 3 | Reeves County, TX | 8,265 BBLs | 69,742 MCF | Jan 2025 |
| Mako State 2-32 | Reeves County, TX | 845 BBLs | 14,345 MCF | Jan 2025 |
| Ocatilla State 2-40 | Reeves County, TX | 1,195 BBLs | 51 MCF | Jan 2025 |
| Patriot State RSJ 68 | Reeves County, TX | 5,332 BBLs | 28,744 MCF | Jan 2025 |
| Pivot 21602 34 | Reeves County, TX | 17,853 BBLs | 76,297 MCF | Jan 2025 |
| Powers State Unit 2-37 1H | Reeves County, TX | 402 BBLs | 7,817 MCF | Jan 2025 |
| Quarterback State Unit 3-4 | Reeves County, TX | 8,043 BBLs | 90,607 MCF | Jan 2025 |
| Roadrunner State 2 | Reeves County, TX | 4,200 BBLs | 36,655 MCF | Jan 2025 |
| Santa Rosa 54-4-3 1H | Reeves County, TX | 2,172 BBLs | 6,575 MCF | Jan 2025 |
| Sievers | Reeves County, TX | 779 BBLs | 854 MCF | Jan 2025 |
| Sievers | Reeves County, TX | 7,405 BBLs | 33,074 MCF | Jan 2025 |
| State Johnson 68 | Reeves County, TX | 281 BBLs | 3,880 MCF | Jan 2025 |
| Tarantula Hawk 2-40 | Reeves County, TX | 422 BBLs | 1,552 MCF | Jan 2025 |
| Temin Unit 2-27 | Reeves County, TX | 841 BBLs | 3,724 MCF | Jan 2025 |
| Williamsburg 54-4-5 1H | Reeves County, TX | 2,195 BBLs | 10,805 MCF | Jan 2025 |
These are the closest 20 companies operating near the George 1 property.