The Rug 58

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for The Rug 58

CountyReeves County, TX
OperatorCIVITAS PERMIAN OPERATING, LLC
Production DatesMar 2023 - Jan 2025
Total Oil Production242,628 BBLs
Total Gas Production466,836 MCF
Recent Oil Production5,948 BBLs in Dec 2024
Recent Gas Production11,983 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for The Rug 58

ShaleAssessment

Not Available

MarketMultiple

$406,317 **

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

Based on a decimal interest

The Rug 58 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for The Rug 58
from Mar 2023 to Jan 2025

Wells on The Rug 58

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-40271THE RUG 58 21HCivitas Permian Operating, LLCProducingReeves County, TX31.000149-103.459943
42-389-40273THE RUG 58 22HCivitas Permian Operating, LLCProducingReeves County, TX31.000135-103.459865

Leases included in The Rug 58

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-59156THE RUG 58Civitas Permian Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the The Rug 58 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BentzReeves County, TX222 BBLs282 MCFDec 2024
Casino Royale StateReeves County, TX544 BBLs887 MCFJan 2025
CutthroatReeves County, TX2,767 BBLs15,781 MCFJan 2025
Full NelsonReeves County, TX307 BBLs677 MCFJan 2025
GoldfingerReeves County, TX821 BBLs888 MCFJan 2025
Gunnison State UnitReeves County, TX3,108 BBLs18,056 MCFJan 2025
Hoefs Ranch State 1Reeves County, TX868 BBLs2,027 MCFJan 2025
Hoefs Ranch State 1-26Reeves County, TX472 BBLs4,355 MCFJan 2025
Kristin T 65Reeves County, TX351 BBLs21 MCFJan 2025
LittletonReeves County, TX533 BBLs2,747 MCFJan 2025
Meatloaf 58Reeves County, TX601 BBLs6,031 MCFJan 2025
MercedesReeves County, TX1,590 BBLs3,336 MCFJan 2025
Moonshine ParkReeves County, TX843 BBLs3,112 MCFJan 2025
Noel 313-312-311Reeves County, TX24,441 BBLs76,619 MCFJan 2025
Ouray StateReeves County, TX481 BBLs1,452 MCFJan 2025
Poutine Unit 57-330Reeves County, TX14,123 BBLs274 MCFJan 2025
Thunderbird UnitReeves County, TX6,448 BBLs12,937 MCFJan 2025
Uncompaghre State UnitReeves County, TX2,464 BBLs6,408 MCFJan 2025
White CrowReeves County, TX7,057 BBLs17,236 MCFJan 2025
Wicked RamReeves County, TX1,429 BBLs2,127 MCFJan 2025

Frac'ing activity on The Rug 58

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-40271The Rug 58 21H
42-389-40273The Rug 58 22H

Owners of The Rug 58

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CIVITAS PERMIAN OPERATING LLCTHE RUG 58 21H & 22HCIVITAS PERMIA
2024HELENE SCRIVENER MINERALS LPTHE RUG 58 21H & 22HCIVITAS PERMIA
2024ARMSTRONG ANDREW ETHE RUG 58 21H & 22HCIVITAS PERMIA
2024T-6 INCTHE RUG 58 21H & 22HCIVITAS PERMIA
2024CANNON JOE DOUGLAS ESTATETHE RUG 58 21H & 22HCIVITAS PERMIA
2024VIPER ENERGY PARTNERS LLCTHE RUG 58 21H & 22HCIVITAS PERMIA
2024KENNEDY MATHEW RANDEN TRUSTTHE RUG 58 21H & 22HCIVITAS PERMIA
2024NEVILLE GWEN KENNEDY TRUSTTHE RUG 58 21H & 22HCIVITAS PERMIA
Displaying 8 of 21 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on The Rug 58

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-59156THE RUG 58Oct 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Sep 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58May 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Apr 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Mar 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Feb 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Jan 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Dec 2023PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Nov 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58Oct 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58Sep 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58Aug 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58Jul 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58Jun 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58May 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58Apr 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC
08-59156THE RUG 58Mar 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC