Iron Mike

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Iron Mike

CountyReeves County, TX
OperatorVITAL ENERGY, INC.
Production DatesOct 2015 - Jan 2025
Total Oil Production1,915,433 BBLs
Total Gas Production8,130,430 MCF
Recent Oil Production7,660 BBLs in Dec 2024
Recent Gas Production74,145 MCF in Dec 2024
Wells on Property7

Our Valuation Estimates for Iron Mike

ShaleAssessment

Not Available

MarketMultiple

$1,326,497 **

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

Based on a decimal interest

Iron Mike Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Iron Mike
from Oct 2015 to Jan 2025

Wells on Iron Mike

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34806IRON MIKE 40NE 1HVital Energy, Inc.ProducingReeves County, TX31.097046-103.330604
42-389-34807IRON MIKE 40SE 2HVital Energy, Inc.ProducingReeves County, TX31.085060-103.330476
42-389-34808IRON MIKE 40NW 3HVital Energy, Inc.ProducingReeves County, TX31.096359-103.330597
42-389-34809IRON MIKE 40SW 4HVital Energy, Inc.ProducingReeves County, TX31.085749-103.330483
42-389-39789IRON MIKE WA5 5HVital Energy, Inc.ProducingReeves County, TX31.091137-103.338192
42-389-39790IRON MIKE WA6 6HVital Energy, Inc.ProducingReeves County, TX31.091055-103.338193
42-389-39791IRON MIKE WA7 7HVital Energy, Inc.ProducingReeves County, TX31.090973-103.338192

Leases included in Iron Mike

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-47353IRON MIKE 40SEVital Energy, Inc.Reeves County, TX
08-47506IRON MIKE 40NEVital Energy, Inc.Reeves County, TX
08-47585IRON MIKE 40NWVital Energy, Inc.Reeves County, TX
08-47730IRON MIKE 40SWVital Energy, Inc.Reeves County, TX
08-58189IRON MIKE WA5Vital Energy, Inc.Reeves County, TX
08-58215IRON MIKE WA6Vital Energy, Inc.Reeves County, TX
08-58265IRON MIKE WA7Vital Energy, Inc.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the Iron Mike property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AgateReeves County, TX12,924 BBLs26,198 MCFJan 2025
Alexander 4-45Reeves County, TX1,290 BBLs22,354 MCFJan 2025
BaileyReeves County, TX4,998 BBLs20,623 MCFDec 2024
Bengal 27-34Reeves County, TX911 BBLs14,809 MCFJan 2025
Big GeorgeReeves County, TX0 BBLs0 MCFNov 2024
GrissomReeves County, TX2,987 BBLs10,333 MCFJan 2025
Grissom West 31-42 UnitReeves County, TX2,221 BBLs7,475 MCFJan 2025
Happy JackReeves County, TX6,622 BBLs17,552 MCFJan 2025
Liger 22-34Reeves County, TX1,361 BBLs12,438 MCFJan 2025
Lowe 4-9Reeves County, TX895 BBLs7,750 MCFJan 2025
Lynx 38NReeves County, TX2,029 BBLs4,571 MCFJan 2025
Lynx Unit 38SReeves County, TX2,680 BBLs7,540 MCFJan 2025
Manhattan 183Reeves County, TX6,080 BBLs25,208 MCFJan 2025
McCombsReeves County, TX4,415 BBLs49,270 MCFJan 2025
Moose 33Reeves County, TX672 BBLs5,638 MCFJan 2025
Okapi State UnitReeves County, TX1,587 BBLs9,078 MCFJan 2025
RhinoReeves County, TX1,582 BBLs3,323 MCFJan 2025
Rising Sun UnitReeves County, TX11,875 BBLs37,167 MCFJan 2025
ThompsonReeves County, TX2,594 BBLs3,649 MCFJan 2025
White West 30-31Reeves County, TX3,195 BBLs8,212 MCFJan 2025

Frac'ing activity on Iron Mike

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-34806Rosetta Intrepid 27 #1
42-389-39789Iron Mike WA5 #5H
42-389-39790Iron Mike WA6 #6H
42-389-39791Iron Mike WA7 #7H

Owners of Iron Mike

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VITAL ENERGY INCIRON MIKE WA7VITAL ENERGY,
2024VITAL ENERGY INCIRON MIKE 40NWVITAL ENERGY,
2024VITAL ENERGY INCIRON MIKE WA6VITAL ENERGY,
2024VITAL ENERGY INCIRON MIKE 40NEVITAL ENERGY,
2024VITAL ENERGY INCIRON MIKE WA5VITAL ENERGY,
2024VITAL ENERGY INCIRON MIKE 40SEVITAL ENERGY,
2024PEC MINERALS LPIRON MIKE WA7VITAL ENERGY,
2024PEC MINERALS LPIRON MIKE WA6VITAL ENERGY,
Displaying 8 of 201 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Iron Mike

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-47353IRON MIKE 40SEOct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47506IRON MIKE 40NEOct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47585IRON MIKE 40NWOct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47730IRON MIKE 40SWOct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58189IRON MIKE WA5Oct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58215IRON MIKE WA6Oct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58265IRON MIKE WA7Oct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47353IRON MIKE 40SESep 2024VITAL ENERGY, INC.
08-47353IRON MIKE 40SESep 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47353IRON MIKE 40SESep 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47506IRON MIKE 40NESep 2024VITAL ENERGY, INC.
08-47506IRON MIKE 40NESep 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47506IRON MIKE 40NESep 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47585IRON MIKE 40NWSep 2024VITAL ENERGY, INC.
08-47585IRON MIKE 40NWSep 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47585IRON MIKE 40NWSep 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47730IRON MIKE 40SWSep 2024VITAL ENERGY, INC.
08-47730IRON MIKE 40SWSep 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47730IRON MIKE 40SWSep 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58189IRON MIKE WA5Sep 2024VITAL ENERGY, INC.
08-58189IRON MIKE WA5Sep 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-58189IRON MIKE WA5Sep 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58215IRON MIKE WA6Sep 2024VITAL ENERGY, INC.
08-58215IRON MIKE WA6Sep 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-58215IRON MIKE WA6Sep 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.