North Elephant 2 Unit

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for North Elephant 2 Unit

CountyReeves County, TX
OperatorRESOLUTE NATURAL RES. CO., LLC
Production DatesJul 2016 - Oct 2024
Total Oil Production2,391,316 BBLs
Total Gas Production12,600,847 MCF
Recent Oil Production11,114 BBLs in Sep 2024
Recent Gas Production94,132 MCF in Sep 2024
Wells on Property6

Our Valuation Estimates for North Elephant 2 Unit

ShaleAssessment

$279,011 *

MarketMultiple

$1,783,497 **

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

Based on a decimal interest

North Elephant 2 Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for North Elephant 2 Unit
from Jul 2016 to Oct 2024

Wells on North Elephant 2 Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-35142NORTH ELEPHANT 2 UNIT 1001HRESOLUTE NATURAL RES. CO., LLCProducingReeves County, TX31.712576-103.745253
42-389-35527NORTH ELEPHANT 2 UNIT U06HRESOLUTE NATURAL RES. CO., LLCProducingReeves County, TX31.709790-103.743158
42-389-36242NORTH ELEPHANT 2 UNIT B301HRESOLUTE NATURAL RES. CO., LLCProducingReeves County, TX31.712867-103.746291
42-389-38233NORTH ELEPHANT 2 UNIT 11HRESOLUTE NATURAL RES. CO., LLCProducingReeves County, TX31.709799-103.744016
42-389-38235NORTH ELEPHANT 2 UNIT 12HRESOLUTE NATURAL RES. CO., LLCProducingReeves County, TX31.709774-103.743997
42-389-38236NORTH ELEPHANT 2 UNIT 13HRESOLUTE NATURAL RES. CO., LLCProducingReeves County, TX31.709728-103.743961

Leases included in North Elephant 2 Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-283600NORTH ELEPHANT 2 UNIT U06HRESOLUTE NATURAL RES. CO., LLCReeves County, TX
08-284429NORTH ELEPHANT 2 UNIT B301HRESOLUTE NATURAL RES. CO., LLCReeves County, TX
08-288680NORTH ELEPHANT 2 UNIT 11HRESOLUTE NATURAL RES. CO., LLCReeves County, TX
08-289056NORTH ELEPHANT 2 UNIT 12HRESOLUTE NATURAL RES. CO., LLCReeves County, TX
08-289057NORTH ELEPHANT 2 UNIT 13HRESOLUTE NATURAL RES. CO., LLCReeves County, TX
08-47936NORTH ELEPHANT 2 UNITRESOLUTE NATURAL RES. CO., LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the North Elephant 2 Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bridger 1-36Reeves County, TX1,300 BBLs7,574 MCFOct 2024
Cappleton East UnitReeves County, TX6,982 BBLs45,836 MCFOct 2024
Flathead 2-15Reeves County, TX1,468 BBLs9,069 MCFOct 2024
Greenhorn South Unit 1-35Reeves County, TX1,111 BBLs6,938 MCFOct 2024
HarrisonReeves County, TX1,257 BBLs5,309 MCFOct 2024
Harrison State Unit 14Reeves County, TX6,509 BBLs99,071 MCFOct 2024
JamesReeves County, TX0 BBLs0 MCFOct 2024
Juniper State Unit 2-3Reeves County, TX6,046 BBLs55,309 MCFOct 2024
Livingston 2-12Reeves County, TX5,677 BBLs58,757 MCFOct 2024
Madison 2-11Reeves County, TX3,234 BBLs17,171 MCFOct 2024
Maroon Bells 13-14 UnitReeves County, TX57,532 BBLs338,277 MCFOct 2024
Mesquite Unit 2-2Reeves County, TX10,217 BBLs81,494 MCFOct 2024
Pace State Unit 1-37 1HReeves County, TX3,425 BBLs36,274 MCFOct 2024
Pryor 2-13 Unit 1HReeves County, TX1,151 BBLs5,000 MCFOct 2024
Ralphie 7 UnitReeves County, TX22,381 BBLs107,174 MCFOct 2024
Ruby North Unit 1-39Reeves County, TX1,572 BBLs13,034 MCFOct 2024
Sievers State Unit 2-1Reeves County, TX6,278 BBLs37,790 MCFOct 2024
South Elephant Wolfcamp UnitReeves County, TX10,333 BBLs97,268 MCFOct 2024
Wile E Coyote StateReeves County, TX8,895 BBLs73,268 MCFOct 2024
Williams State 1-38 UnitReeves County, TX9,902 BBLs62,336 MCFOct 2024

Owners of North Elephant 2 Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RESOLUTE NATURAL RES CO LLCNORTH ELEPHANT 2 UNIT #11HRESOLUTE NATUR
2024RESOLUTE NATURAL RES CO LLCNORTH ELEPHANT 2 UNIT #13HRESOLUTE NATUR
2024RESOLUTE NATURAL RES CO LLCNORTH ELEPHANT 2 UNIT #U 06HRESOLUTE NATUR
2024RESOLUTE NATURAL RES CO LLCNORTH ELEPHANT 2 UNIT #12HRESOLUTE NATUR
2024RESOLUTE NATURAL RES CO LLCNORTH ELEPHANT 2 UNIT #B301RESOLUTE NATUR
2024SITIO PERMIAN LPNORTH ELEPHANT 2 UNIT #11HRESOLUTE NATUR
2024RICHARDSON SID W FOUNDATIONNORTH ELEPHANT 2 UNIT #11HRESOLUTE NATUR
2024BLACK STONE MINERALS CO LPNORTH ELEPHANT 2 UNIT #11HRESOLUTE NATUR
Displaying 8 of 498 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on North Elephant 2 Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-283600NORTH ELEPHANT 2 UNIT U06HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-283600NORTH ELEPHANT 2 UNIT U06HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-283600NORTH ELEPHANT 2 UNIT U06HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-284429NORTH ELEPHANT 2 UNIT B301HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-284429NORTH ELEPHANT 2 UNIT B301HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-284429NORTH ELEPHANT 2 UNIT B301HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-288680NORTH ELEPHANT 2 UNIT 11HOct 2024PLAINS MARKETING, L.P.RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-288680NORTH ELEPHANT 2 UNIT 11HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-288680NORTH ELEPHANT 2 UNIT 11HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-288680NORTH ELEPHANT 2 UNIT 11HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-288680NORTH ELEPHANT 2 UNIT 11HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289056NORTH ELEPHANT 2 UNIT 12HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289056NORTH ELEPHANT 2 UNIT 12HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289056NORTH ELEPHANT 2 UNIT 12HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289056NORTH ELEPHANT 2 UNIT 12HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289057NORTH ELEPHANT 2 UNIT 13HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289057NORTH ELEPHANT 2 UNIT 13HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289057NORTH ELEPHANT 2 UNIT 13HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-289057NORTH ELEPHANT 2 UNIT 13HOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-47936NORTH ELEPHANT 2 UNITOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-47936NORTH ELEPHANT 2 UNITOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-47936NORTH ELEPHANT 2 UNITOct 2024PLAINS MARKETING, L.P.RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-47936NORTH ELEPHANT 2 UNITOct 2024RESOLUTE NATURAL RESOURCES COMPANY, LLCRESOLUTE NATURAL RESOURCES COMPANY, LLC
08-283600NORTH ELEPHANT 2 UNIT U06HSep 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC
08-283600NORTH ELEPHANT 2 UNIT U06HSep 2024RESOLUTE NATURAL RESOURCES COMPANY, LLC