Velocity 56-2-17 1H

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Velocity 56-2-17 1H

CountyReeves County, TX
OperatorANADARKO E&P ONSHORE LLC
Production DatesMay 2018 - Oct 2024
Total Oil Production266,862 BBLs
Total Gas Production1,672,248 MCF
Recent Oil Production1,579 BBLs in Sep 2024
Recent Gas Production7,722 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Velocity 56-2-17 1H

ShaleAssessment

Not Available

MarketMultiple

$102,035 **

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

Based on a decimal interest

Velocity 56-2-17 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Velocity 56-2-17 1H
from May 2018 to Oct 2024

Wells on Velocity 56-2-17 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-35760VELOCITY 56-2-17 1HANADARKO E&P ONSHORE LLCProducingReeves County, TX31.853180-103.888038

Leases included in Velocity 56-2-17 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-283384VELOCITY 56-2-17 1HANADARKO E&P ONSHORE LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Velocity 56-2-17 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Archer 56-2-5Reeves County, TX3,071 BBLs12,353 MCFOct 2024
Arrow 56-2-7 1HReeves County, TX1,288 BBLs2,943 MCFOct 2024
Big Horn State 56-2-9 UnitReeves County, TX1,799 BBLs14,180 MCFOct 2024
Camp State 56-T2-8Reeves County, TX57,707 BBLs312,625 MCFOct 2024
Chevron 9Reeves County, TX0 BBLs0 MCFApr 2020
Chevy Lowe Rider 56-T2-17X20 W106HReeves County, TX2,320 BBLs18,072 MCFOct 2024
Hurley 56-18Reeves County, TX16,854 BBLs241,222 MCFOct 2024
JeanReeves County, TX0 BBLs0 MCFDec 2019
Lowe Royalty Partners 56-T2-20Reeves County, TX944 BBLs5,257 MCFOct 2024
Lowe StateReeves County, TX0 BBLs0 MCFDec 2019
MC Camey Forrest 56-T2-16Reeves County, TX1,293 BBLs216 MCFOct 2024
Seahawk 57-2-1 1HReeves County, TX540 BBLs977 MCFOct 2024
Solstice 56-2-19 1HReeves County, TX2,081 BBLs12,025 MCFOct 2024
State LRP 57-T2-12Reeves County, TX5,625 BBLs42,140 MCFOct 2024
State Momentum 56-T2-17X8Reeves County, TX3,448 BBLs13,881 MCFOct 2024
State Propulsion 56-T2-17X8Reeves County, TX50,920 BBLs257,863 MCFOct 2024
State Tunstill 56-T2Reeves County, TX6,404 BBLs43,566 MCFOct 2024
State White RockReeves County, TX32,143 BBLs485,771 MCFOct 2024
TXL 7 B201boReeves County, TX2,728 BBLs9,382 MCFOct 2024
Winghead 57-2-13Reeves County, TX1,840 BBLs7,853 MCFOct 2024

Owners of Velocity 56-2-17 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CHEVRON USA INC (RI/OR)VELOCITY 56-2-17 #1HANADARKO E&P O
2024ANADARKO E&P ONSHORE LLCVELOCITY 56-2-17 #1HANADARKO E&P O
2024TEXAS PACIFIC LAND TRUSTVELOCITY 56-2-17 #1HANADARKO E&P O

Oil & Gas Sales on Velocity 56-2-17 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-283384VELOCITY 56-2-17 1HSep 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HSep 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HSep 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HSep 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HSep 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HAug 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HAug 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HAug 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HAug 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HAug 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJul 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJul 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJul 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJul 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJul 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJun 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJun 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJun 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJun 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJun 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMay 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMay 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMay 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMay 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMay 2024ANADARKO E&P ONSHORE LLC