Oil & Gas Property in Reeves County, TX
Key data points for Armstrong State
| County | Reeves County, TX |
|---|---|
| Operator | RECOVERY OPERATING LP |
| Production Dates | Oct 2006 - Jan 2024 |
| Total Oil Production | 31 BBLs |
| Total Gas Production | 2,864,874 MCF |
| Recent Oil Production | 0 BBLs in Dec 2023 |
| Recent Gas Production | 10,155 MCF in Dec 2023 |
| Wells on Property | 2 |
Our Valuation Estimates for Armstrong State
ShaleAssessment™
$22,339 *
MarketMultiple™
$24,558 **
* 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 20 properties to the Armstrong State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Allman 2 | Reeves County, TX | 1,780 BBLs | 63,488 MCF | Jan 2024 |
| Electric State 57-33 | Reeves County, TX | 11,342 BBLs | 137,532 MCF | Jan 2024 |
| Hardscrabble | Reeves County, TX | 9,821 BBLs | 127,934 MCF | Jan 2024 |
| Harrison | Reeves County, TX | 1 BBLs | 0 MCF | Dec 2023 |
| Mavericks State 58 09-04 61H | Reeves County, TX | 2,120 BBLs | 32,587 MCF | Jan 2024 |
| Orbison 28 | Reeves County, TX | 562 BBLs | 32,567 MCF | Jan 2024 |
| Santana 29 | Reeves County, TX | 352 BBLs | 22,419 MCF | Jan 2024 |
| State Aspen C Unit | Reeves County, TX | 144 BBLs | 1,944 MCF | Jan 2024 |
| State BB King 32 2H | Reeves County, TX | 559 BBLs | 20,836 MCF | Jan 2024 |
| State Coachman | Reeves County, TX | 10,649 BBLs | 126,618 MCF | Jan 2024 |
| State Creek 17-8 Unit | Reeves County, TX | 12,004 BBLs | 139,782 MCF | Jan 2024 |
| State Diagon Alley | Reeves County, TX | 4,572 BBLs | 48,025 MCF | Jan 2024 |
| State Harrison Ranch 56 | Reeves County, TX | 3,316 BBLs | 85,504 MCF | Jan 2024 |
| State Harrison Ranch 57 | Reeves County, TX | 16,312 BBLs | 142,365 MCF | Jan 2024 |
| State Johnny Cash | Reeves County, TX | 6,677 BBLs | 225,882 MCF | Jan 2024 |
| State Loonie Unit 7 | Reeves County, TX | 31,233 BBLs | 596,179 MCF | Jan 2024 |
| State Muddy Waters Unit | Reeves County, TX | 42,403 BBLs | 741,163 MCF | Jan 2024 |
| State Oredigger Unit | Reeves County, TX | 39,930 BBLs | 597,407 MCF | Jan 2024 |
| State Stre | Reeves County, TX | 65,527 BBLs | 1,046,850 MCF | Jan 2024 |
| Wapiti | Reeves County, TX | 49,807 BBLs | 786,844 MCF | Jan 2024 |
These are the closest 5 companies operating near the Armstrong State property.
| Company Name |
|---|
| Atlantic Resources Company, LLC |
| Cimarex Energy Co |
| Endurance Resources LLC |
| EOG Resources Inc |
| Petro-Hunt Permian, LLC |