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 - Jul 2024
Total Oil Production1,866,959 BBLs
Total Gas Production7,673,805 MCF
Recent Oil Production8,334 BBLs in Jul 2024
Recent Gas Production61,669 MCF in Jul 2024
Wells on Property7

Our Valuation Estimates for Iron Mike

ShaleAssessment

Not Available

MarketMultiple

$1,534,917 **

* 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 Jul 2024

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, TX0 BBLs0 MCFMay 2024
Alexander 4-45Reeves County, TX1,679 BBLs26,513 MCFAug 2024
BaileyReeves County, TX4,836 BBLs23,486 MCFJul 2024
Bengal 27-34Reeves County, TX1,179 BBLs11,361 MCFJul 2024
Big GeorgeReeves County, TX0 BBLs0 MCFMar 2024
CimarronReeves County, TX538 BBLs5,759 MCFAug 2024
GrissomReeves County, TX3,100 BBLs12,854 MCFJul 2024
Grissom West 31-42 UnitReeves County, TX1,259 BBLs10,935 MCFJul 2024
Happy JackReeves County, TX5,723 BBLs20,900 MCFJul 2024
Liger 22-34Reeves County, TX1,520 BBLs7,033 MCFJul 2024
Lynx 38NReeves County, TX2,099 BBLs763 MCFJul 2024
Lynx Unit 38SReeves County, TX2,022 BBLs10,325 MCFJul 2024
Manhattan 183Reeves County, TX3,489 BBLs30,753 MCFJul 2024
McCombsReeves County, TX5,294 BBLs27,927 MCFAug 2024
Moose 33Reeves County, TX748 BBLs4,314 MCFJul 2024
Okapi State UnitReeves County, TX1,606 BBLs3,025 MCFJul 2024
RhinoReeves County, TX1,558 BBLs2,475 MCFJul 2024
Rising Sun UnitReeves County, TX11,906 BBLs57,468 MCFAug 2024
ThompsonReeves County, TX0 BBLs0 MCFMay 2024
White West 30-31Reeves County, TX6,440 BBLs14,860 MCFJul 2024

Frac'ing activity on Iron Mike

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
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 40SEAug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47506IRON MIKE 40NEAug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47585IRON MIKE 40NWAug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47730IRON MIKE 40SWAug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58189IRON MIKE WA5Aug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58215IRON MIKE WA6Aug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58265IRON MIKE WA7Aug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47353IRON MIKE 40SEJul 2024VITAL ENERGY, INC.
08-47353IRON MIKE 40SEJul 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47353IRON MIKE 40SEJul 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47506IRON MIKE 40NEJul 2024VITAL ENERGY, INC.
08-47506IRON MIKE 40NEJul 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47506IRON MIKE 40NEJul 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47585IRON MIKE 40NWJul 2024VITAL ENERGY, INC.
08-47585IRON MIKE 40NWJul 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47585IRON MIKE 40NWJul 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-47730IRON MIKE 40SWJul 2024VITAL ENERGY, INC.
08-47730IRON MIKE 40SWJul 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-47730IRON MIKE 40SWJul 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58189IRON MIKE WA5Jul 2024VITAL ENERGY, INC.
08-58189IRON MIKE WA5Jul 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-58189IRON MIKE WA5Jul 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-58215IRON MIKE WA6Jul 2024VITAL ENERGY, INC.
08-58215IRON MIKE WA6Jul 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-58215IRON MIKE WA6Jul 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.