Oil & Gas Property in Reeves County, TX
Key data points for Alta
| County | Reeves County, TX |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jan 2017 - Jan 2024 |
| Total Oil Production | 62,579 BBLs |
| Total Gas Production | 3,350,893 MCF |
| Recent Oil Production | 308 BBLs in Dec 2023 |
| Recent Gas Production | 21,487 MCF in Dec 2023 |
| Wells on Property | 6 |
Our Valuation Estimates for Alta
ShaleAssessment™
$44,476 *
MarketMultiple™
$111,688 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 8 properties to the Alta property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Alta 1 | Reeves County, TX | 1,231 BBLs | 136,214 MCF | Jan 2024 |
| Cheyenne | Reeves County, TX | 37 BBLs | 19,207 MCF | Jan 2024 |
| Denton Unit 68-107 | Reeves County, TX | 1,500 BBLs | 15,634 MCF | Jan 2024 |
| Elbert State Unit 10 | Reeves County, TX | 291 BBLs | 62,430 MCF | Jan 2024 |
| Longs Peak State Unit 10 | Reeves County, TX | 589 BBLs | 41,228 MCF | Jan 2024 |
| Lumbee | Reeves County, TX | 938 BBLs | 488,274 MCF | Jan 2024 |
| MT. Hunter 10 | Reeves County, TX | 163 BBLs | 33,908 MCF | Jan 2024 |
| Weissmies | Reeves County, TX | 266 BBLs | 62,453 MCF | Jan 2024 |
These are the closest 2 companies operating near the Alta property.
| Company Name |
|---|
| Apache Corporation |
| Callon Petroleum Operating Co |