Agate

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Agate

CountyReeves County, TX
Production DatesAug 2016 - Dec 2023
Total Oil Production747,104 BBLs
Total Gas Production4,420,359 MCF
Recent Oil Production2,639 BBLs in Dec 2023
Recent Gas Production28,119 MCF in Dec 2023
Wells on Property10

Our Valuation Estimates for Agate

ShaleAssessment

Not Available

MarketMultiple

$400,744 **

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

Based on a decimal interest

Agate Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Agate
from Aug 2016 to Dec 2023

Wells on Agate

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34927AGATE 182-179-1N 1HVital Energy, Inc.ProducingReeves County, TX31.059869-103.348171
42-389-34928AGATE 179SE 2HTHOMPSON, J. CLEOHorizontal Well Surface LocatioReeves County, TX31.062980-103.348199
42-389-35007AGATE 179-142-1S 61HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.062203-103.364008
42-389-35795AGATE 179SW 21HVital Energy, Inc.ProducingReeves County, TX31.062291-103.363991
42-389-35814AGATE 179SE 25HVital Energy, Inc.ProducingReeves County, TX31.062436-103.349725
42-389-36094AGATE 179NE 24HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.060439-103.357215
42-389-36109AGATE 179SW 22HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.062355-103.356721
42-389-36112AGATE 179-142-5S 23HOXY USA WTP LPHorizontal Well Surface LocatioReeves County, TX31.062358-103.356593
42-389-40896AGATE D 7AVital Energy, Inc.Horizontal Well Surface LocatioReeves County, TX31.040820-103.357668
42-389-40897AGATE B 6AVital Energy, Inc.Horizontal Well Surface LocatioReeves County, TX31.040819-103.357748

Leases included in Agate

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-48239AGATE 182-179-1NVital Energy, Inc.Reeves County, TX
08-49129AGATE 179SWVital Energy, Inc.Reeves County, TX
08-49380AGATE 179SEVital Energy, Inc.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the Agate property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alexander 4-45Reeves County, TX2,088 BBLs24,615 MCFJan 2024
BaileyReeves County, TX5,208 BBLs19,585 MCFDec 2023
Big GeorgeReeves County, TX0 BBLs0 MCFSep 2023
ChipetaReeves County, TX2,853 BBLs7,897 MCFJan 2024
CimarronReeves County, TX679 BBLs6,919 MCFJan 2024
GrissomReeves County, TX3,069 BBLs17,505 MCFDec 2023
Grissom West 31-42 UnitReeves County, TX1,620 BBLs7,224 MCFDec 2023
Happy JackReeves County, TX12,094 BBLs85,935 MCFDec 2023
IgnacioReeves County, TX1,894 BBLs649 MCFJan 2024
Iron MikeReeves County, TX10,698 BBLs111,574 MCFDec 2023
Lowe 4-9Reeves County, TX756 BBLs8,571 MCFJan 2024
Manhattan 183Reeves County, TX4,496 BBLs45,419 MCFDec 2023
MDJ Caldwell Tesla UnitReeves County, TX3,941 BBLs34,793 MCFDec 2023
Moose 33Reeves County, TX955 BBLs4,687 MCFDec 2023
Paradox UnitReeves County, TX2,555 BBLs13,754 MCFJan 2024
PhoenixReeves County, TX4,111 BBLs25,887 MCFJan 2024
Prairie Flower UnitReeves County, TX4,879 BBLs37,584 MCFJan 2024
Screaming Eagle UnitReeves County, TX7,692 BBLs13,209 MCFJan 2024
SeveroReeves County, TX603 BBLs2,417 MCFJan 2024
ThompsonReeves County, TX768 BBLs10,283 MCFDec 2023

Owners of Agate

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023FORGE ENERGY OPERATING LLCAGATE 179SEFORGE ENERGY O
2023FORGE ENERGY OPERATING LLCAGATE 179SWFORGE ENERGY O
2023COLLIER ENTERPRISES INCAGATE 179SEFORGE ENERGY O
2023LEVEILLE INTERESTS LLCAGATE 179SEFORGE ENERGY O
2023COLLIER ENTERPRISES INCAGATE 179SWFORGE ENERGY O
2023VIPER ENERGY PARTNERS LLCAGATE 179SEFORGE ENERGY O
2023TRES ALAMITO MINERALS LPAGATE 179SEFORGE ENERGY O
2023VIPER ENERGY PARTNERS LLCAGATE 179SEFORGE ENERGY O
Displaying 8 of 78 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Agate

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-48239AGATE 182-179-1NNov 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49380AGATE 179SENov 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49129AGATE 179SWNov 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49380AGATE 179SEOct 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-48239AGATE 182-179-1NOct 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49129AGATE 179SWOct 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-48239AGATE 182-179-1NOct 2023VITAL ENERGY, INC.VITAL ENERGY, INC.
08-48239AGATE 182-179-1NOct 2023VITAL ENERGY, INC.
08-49380AGATE 179SEOct 2023VITAL ENERGY, INC.VITAL ENERGY, INC.
08-49380AGATE 179SEOct 2023VITAL ENERGY, INC.
08-49380AGATE 179SESep 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-48239AGATE 182-179-1NSep 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49129AGATE 179SWSep 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49380AGATE 179SESep 2023VITAL ENERGY, INC.
08-49380AGATE 179SESep 2023VITAL ENERGY, INC.VITAL ENERGY, INC.
08-48239AGATE 182-179-1NSep 2023VITAL ENERGY, INC.VITAL ENERGY, INC.
08-48239AGATE 182-179-1NSep 2023VITAL ENERGY, INC.
08-48239AGATE 182-179-1NAug 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49380AGATE 179SEAug 2023ETC TEXAS PIPELINE, LTD.FORGE ENERGY OPERATING, LLC
08-49380AGATE 179SEAug 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49129AGATE 179SWAug 2023ETC TEXAS PIPELINE, LTD.FORGE ENERGY OPERATING, LLC
08-49129AGATE 179SWAug 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-48239AGATE 182-179-1NJul 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49129AGATE 179SWJul 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-49380AGATE 179SEJul 2023TRAFIGURA TRADING LLCVITAL ENERGY, INC.