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 - Nov 2024 |
| Total Oil Production | 990,778 BBLs |
| Total Gas Production | 17,641,003 MCF |
| Recent Oil Production | 4,725 BBLs in Oct 2024 |
| Recent Gas Production | 72,448 MCF in Oct 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for George 1
ShaleAssessment™
$18,996 *
MarketMultiple™
$770,778 **
* 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 | 1,582 BBLs | 8,842 MCF | Nov 2024 |
| Cold Harbor State 2-40 Unit | Reeves County, TX | 1,551 BBLs | 7,333 MCF | Nov 2024 |
| Conquista State Unit 54-1-8 | Reeves County, TX | 12,471 BBLs | 181,931 MCF | Nov 2024 |
| Expedition State Unit 71-67 | Reeves County, TX | 9,669 BBLs | 103,703 MCF | Nov 2024 |
| Harrison Unit 2-38 1H | Reeves County, TX | 1,117 BBLs | 20,161 MCF | Nov 2024 |
| Hattie 3 | Reeves County, TX | 8,524 BBLs | 72,037 MCF | Nov 2024 |
| Mako State 2-32 | Reeves County, TX | 1,061 BBLs | 17,469 MCF | Nov 2024 |
| Ocatilla State 2-40 | Reeves County, TX | 1,170 BBLs | 50 MCF | Nov 2024 |
| Patriot State RSJ 68 | Reeves County, TX | 5,195 BBLs | 29,738 MCF | Nov 2024 |
| Pivot 21602 34 | Reeves County, TX | 18,829 BBLs | 69,641 MCF | Nov 2024 |
| Powers State Unit 2-37 1H | Reeves County, TX | 827 BBLs | 10,225 MCF | Nov 2024 |
| Quarterback State Unit 3-4 | Reeves County, TX | 11,125 BBLs | 120,671 MCF | Nov 2024 |
| Roadrunner State 2 | Reeves County, TX | 4,787 BBLs | 40,779 MCF | Nov 2024 |
| Santa Rosa 54-4-3 1H | Reeves County, TX | 1,430 BBLs | 3,750 MCF | Nov 2024 |
| Sievers | Reeves County, TX | 783 BBLs | 2,248 MCF | Nov 2024 |
| Sievers | Reeves County, TX | 8,634 BBLs | 42,629 MCF | Nov 2024 |
| State Johnson 68 | Reeves County, TX | 336 BBLs | 1,862 MCF | Nov 2024 |
| Tarantula Hawk 2-40 | Reeves County, TX | 3,925 BBLs | 2,983 MCF | Nov 2024 |
| Temin Unit 2-27 | Reeves County, TX | 1,663 BBLs | 7,222 MCF | Nov 2024 |
| Williamsburg 54-4-5 1H | Reeves County, TX | 1,511 BBLs | 6,301 MCF | Nov 2024 |
These are the closest 20 companies operating near the George 1 property.