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 - Oct 2024
Total Oil Production226,293 BBLs
Total Gas Production436,096 MCF
Recent Oil Production7,147 BBLs in Sep 2024
Recent Gas Production7,990 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for The Rug 58

ShaleAssessment

Not Available

MarketMultiple

$447,845 **

* 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 Oct 2024

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, TX901 BBLs1,452 MCFSep 2024
Casino Royale StateReeves County, TX1,620 BBLs349 MCFSep 2024
CutthroatReeves County, TX3,494 BBLs19,304 MCFOct 2024
GoldfingerReeves County, TX687 BBLs612 MCFSep 2024
Gunnison State UnitReeves County, TX3,784 BBLs21,054 MCFOct 2024
Hoefs Ranch State 1Reeves County, TX845 BBLs2,700 MCFOct 2024
Hoefs Ranch State 1-26Reeves County, TX531 BBLs3,547 MCFOct 2024
Kristin T 65Reeves County, TX306 BBLs451 MCFOct 2024
LittletonReeves County, TX1,841 BBLs13,564 MCFOct 2024
Meatloaf 58Reeves County, TX523 BBLs926 MCFOct 2024
MercedesReeves County, TX2,117 BBLs4,395 MCFSep 2024
MoonrakerReeves County, TX298 BBLs4,419 MCFSep 2024
Moonshine ParkReeves County, TX979 BBLs4,134 MCFOct 2024
Noel 313-312-311Reeves County, TX18,922 BBLs70,926 MCFSep 2024
Ouray StateReeves County, TX505 BBLs1,586 MCFOct 2024
Poutine Unit 57-330Reeves County, TX6,015 BBLs2,213 MCFOct 2024
Thunderbird UnitReeves County, TX5,205 BBLs6,782 MCFOct 2024
Uncompaghre State UnitReeves County, TX451 BBLs290 MCFOct 2024
White CrowReeves County, TX6,212 BBLs17,199 MCFOct 2024
Wicked RamReeves County, TX2,953 BBLs3,980 MCFSep 2024

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