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 - Sep 2024
Total Oil Production887,755 BBLs
Total Gas Production5,618,629 MCF
Recent Oil Production1,398 BBLs in Aug 2024
Recent Gas Production17,491 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$371,206 *

MarketMultiple™

$291,006 **

* 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 Sep 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, TX185 BBLs2,501 MCFSep 2024
Great DivideReeves County, TX394 BBLs6,649 MCFSep 2024
HarpoonReeves County, TX1,985 BBLs10,355 MCFSep 2024
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
Helbing State 56Reeves County, TX85 BBLs2,998 MCFSep 2024
Hornet State 0607Reeves County, TX94 BBLs270 MCFSep 2024
Iron City StateReeves County, TX3,092 BBLs88,387 MCFSep 2024
JollyReeves County, TX1,718 BBLs10,825 MCFSep 2024
LH Meeker C21Reeves County, TX1,380 BBLs15,498 MCFSep 2024
Long YuenglingReeves County, TX2,508 BBLs22,025 MCFSep 2024
Orbison 28Reeves County, TX316 BBLs15,225 MCFAug 2024
Ron 56-8 UnitReeves County, TX159 BBLs28,302 MCFSep 2024
Short YuenglingReeves County, TX1,515 BBLs34,601 MCFSep 2024
Smitherator StateReeves County, TX8,141 BBLs124,071 MCFSep 2024
Sourdough C21-9 UnitReeves County, TX1,325 BBLs9,354 MCFSep 2024
State Harrison Ranch 56Reeves County, TX3,211 BBLs74,929 MCFSep 2024
State Loonie Unit 7Reeves County, TX14,701 BBLs318,833 MCFSep 2024
Stinger 1716Reeves County, TX1,399 BBLs39,274 MCFSep 2024
WapitiReeves County, TX27,754 BBLs638,854 MCFSep 2024
Yellow Jacket 1716Reeves County, TX2,802 BBLs56,042 MCFSep 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
Sonoran Energy Inc.
Titus Oil & Gas Production, LLC

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 301HJul 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJul 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJul 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJul 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJul 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJul 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJul 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJul 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJul 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJul 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJul 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJul 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJun 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.