State Phillips 56

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. State Phillips 56 Oil & Gas Property

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Property Summary

Key data points for State Phillips 56

CountyReeves County, TX
OperatorEOG RESOURCES, INC.
Production DatesOct 2013 - Dec 2024
Total Oil Production891,463 BBLs
Total Gas Production5,625,315 MCF
Recent Oil Production944 BBLs in Nov 2024
Recent Gas Production7,924 MCF in Nov 2024
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$353,799 *

MarketMultiple™

$253,429 **

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

Based on a decimal interest

State Phillips 56 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Phillips 56
from Oct 2013 to Dec 2024

Wells on State Phillips 56

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-33617STATE PHILLIPS 56 301HEOG RESOURCES, INC.ProducingReeves County, TX31.612786-103.936859
42-389-34818STATE PHILLIPS 56 304HEOG RESOURCES, INC.ProducingReeves County, TX31.612869-103.940431
42-389-34819STATE PHILLIPS 56 305HEOG RESOURCES, INC.ProducingReeves County, TX31.612870-103.940335

Leases included in State Phillips 56

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-283687STATE PHILLIPS 56 301HEOG RESOURCES, INC.Reeves County, TX
08-285143STATE PHILLIPS 56 304HEOG RESOURCES, INC.Reeves County, TX
08-285144STATE PHILLIPS 56 305HEOG RESOURCES, INC.Reeves County, TX
08-44744STATE PHILLIPS 56EOG RESOURCES, INC.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the State Phillips 56 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong 1Reeves County, TX0 BBLs0 MCFSep 2024
Flying DogReeves County, TX293 BBLs2,269 MCFDec 2024
Great DivideReeves County, TX124 BBLs3,265 MCFDec 2024
HarpoonReeves County, TX1,431 BBLs7,933 MCFDec 2024
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
Helbing State 56Reeves County, TX1,671 BBLs41,912 MCFDec 2024
Hornet State 0607Reeves County, TX0 BBLs2,155 MCFDec 2024
Iron City StateReeves County, TX2,010 BBLs73,156 MCFDec 2024
JollyReeves County, TX302 BBLs4,703 MCFDec 2024
LH Meeker C21Reeves County, TX1,013 BBLs0 MCFDec 2024
Long YuenglingReeves County, TX2,329 BBLs26,283 MCFDec 2024
Orbison 28Reeves County, TX783 BBLs24,106 MCFDec 2024
Ron 56-8 UnitReeves County, TX102 BBLs19,047 MCFDec 2024
Short YuenglingReeves County, TX1,663 BBLs28,956 MCFDec 2024
State Harrison Ranch 56Reeves County, TX3,122 BBLs65,066 MCFDec 2024
State Loonie Unit 7Reeves County, TX14,001 BBLs309,960 MCFDec 2024
Stinger 1716Reeves County, TX1,458 BBLs39,926 MCFDec 2024
Tisdale Unit 56-8Reeves County, TX351 BBLs7,286 MCFDec 2024
WapitiReeves County, TX23,994 BBLs595,823 MCFDec 2024
Yellow Jacket 1716Reeves County, TX3,147 BBLs54,263 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the State Phillips 56 property.

Company Name
1920 Energy, LLC
299 Production, LLC
Anadarko E&P Onshore LLC
Apache Corporation
Apr Operating LLC
Atlantic Resources Company, LLC
Baron Energy LTD.
BPX Operating Company
Carrizo (Permian) LLC
Cimarex Energy Co
Endurance Resources LLC
EOG Resources, Inc.
Linop Corporation
PDC Permian, Inc.
Petro-Hunt Permian, LLC
Petrohawk Operating Company
Re-Op Corp.
Resolute Natural Res. Co., LLC
Titus Oil & Gas Production, LLC
White'S Industrial Engine'S

Frac'ing activity on State Phillips 56

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-33617PHILLIPS STATE 56 #301H
42-389-34818STATE PHILLIPS 56 #304H
42-389-34819STATE PHILLIPS 56 #305H

Owners of State Phillips 56

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024EOG RESOURCES INCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2024EOG RESOURCES INCSTATE PHILLIPS 56 #304HEOG RESOURCES,
2024EOG RESOURCES INCSTATE PHILLIPS 56 #301HEOG RESOURCES,
2024EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #305HEOG RESOURCES,
2024EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #301HEOG RESOURCES,
2024CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2024EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #304HEOG RESOURCES,
2024CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #301HEOG RESOURCES,
Displaying 8 of 18 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Phillips 56

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-283687STATE PHILLIPS 56 301HSep 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HAug 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HAug 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJul 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJul 2024EOG RESOURCES, INC.