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 - Aug 2024 |
| Total Oil Production | 977,981 BBLs |
| Total Gas Production | 17,465,352 MCF |
| Recent Oil Production | 4,778 BBLs in Jul 2024 |
| Recent Gas Production | 100,808 MCF in Jul 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for George 1
ShaleAssessment™
$19,505 *
MarketMultiple™
$813,312 **
* 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 | 1,615 BBLs | 7,461 MCF | Aug 2024 |
| Cold Harbor State 2-40 Unit | Reeves County, TX | 1,537 BBLs | 5,097 MCF | Aug 2024 |
| Conquista State Unit 54-1-8 | Reeves County, TX | 12,788 BBLs | 192,255 MCF | Aug 2024 |
| Expedition State Unit 71-67 | Reeves County, TX | 10,385 BBLs | 113,835 MCF | Aug 2024 |
| Harrison Unit 2-38 1H | Reeves County, TX | 669 BBLs | 16,901 MCF | Aug 2024 |
| Hattie 3 | Reeves County, TX | 7,822 BBLs | 107,238 MCF | Aug 2024 |
| Mako State 2-32 | Reeves County, TX | 836 BBLs | 12,550 MCF | Aug 2024 |
| Ocatilla State 2-40 | Reeves County, TX | 1,025 BBLs | 44 MCF | Aug 2024 |
| Patriot State RSJ 68 | Reeves County, TX | 5,503 BBLs | 29,344 MCF | Aug 2024 |
| Pivot 21602 34 | Reeves County, TX | 24,726 BBLs | 97,348 MCF | Aug 2024 |
| Powers State Unit 2-37 1H | Reeves County, TX | 1,674 BBLs | 11,375 MCF | Aug 2024 |
| Quarterback State Unit 3-4 | Reeves County, TX | 11,369 BBLs | 105,441 MCF | Aug 2024 |
| Roadrunner State 2 | Reeves County, TX | 5,222 BBLs | 58,803 MCF | Aug 2024 |
| Santa Rosa 54-4-3 1H | Reeves County, TX | 2,276 BBLs | 5,905 MCF | Aug 2024 |
| Sievers | Reeves County, TX | 865 BBLs | 1,858 MCF | Aug 2024 |
| Sievers | Reeves County, TX | 6,852 BBLs | 35,127 MCF | Aug 2024 |
| State Johnson 68 | Reeves County, TX | 297 BBLs | 1,037 MCF | Aug 2024 |
| Tarantula Hawk 2-40 | Reeves County, TX | 2,870 BBLs | 10,856 MCF | Aug 2024 |
| Temin Unit 2-27 | Reeves County, TX | 1,907 BBLs | 7,223 MCF | Aug 2024 |
| Williamsburg 54-4-5 1H | Reeves County, TX | 2,533 BBLs | 10,861 MCF | Aug 2024 |
These are the closest 20 companies operating near the George 1 property.