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 - Oct 2024
Total Oil Production889,304 BBLs
Total Gas Production5,604,424 MCF
Recent Oil Production1,628 BBLs in Sep 2024
Recent Gas Production16,385 MCF in Sep 2024
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$365,890 *

MarketMultiple™

$286,040 **

* 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 Oct 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, TX28 BBLs1,369 MCFSep 2024
Flying DogReeves County, TX278 BBLs1,085 MCFOct 2024
Great DivideReeves County, TX178 BBLs5,480 MCFOct 2024
HarpoonReeves County, TX2,128 BBLs9,416 MCFOct 2024
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
Helbing State 56Reeves County, TX1,972 BBLs56,652 MCFOct 2024
Hornet State 0607Reeves County, TX64 BBLs1,238 MCFOct 2024
Iron City StateReeves County, TX3,032 BBLs93,365 MCFOct 2024
JollyReeves County, TX1,573 BBLs8,770 MCFOct 2024
LH Meeker C21Reeves County, TX1,325 BBLs15,443 MCFOct 2024
Long YuenglingReeves County, TX1,566 BBLs19,192 MCFOct 2024
Ron 56-8 UnitReeves County, TX130 BBLs28,936 MCFOct 2024
Short YuenglingReeves County, TX1,161 BBLs30,385 MCFOct 2024
Sourdough C21-9 UnitReeves County, TX1,500 BBLs10,638 MCFOct 2024
State Harrison Ranch 56Reeves County, TX4,135 BBLs71,943 MCFOct 2024
State Loonie Unit 7Reeves County, TX14,658 BBLs310,515 MCFOct 2024
Stinger 1716Reeves County, TX1,463 BBLs37,698 MCFOct 2024
Tisdale Unit 56-8Reeves County, TX261 BBLs7,301 MCFOct 2024
WapitiReeves County, TX26,511 BBLs619,331 MCFOct 2024
Yellow Jacket 1716Reeves County, TX3,298 BBLs61,062 MCFOct 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
Chevron USA Inc
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

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.