Oil & Gas Property in Reeves County, TX
Key data points for Black Flag State Unit 253-254
| County | Reeves County, TX |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jul 2018 - Jan 2026 |
| Total Oil Production | 2,851,780 BBLs |
| Total Gas Production | 5,901,049 MCF |
| Recent Oil Production | 12,141 BBLs in Dec 2025 |
| Recent Gas Production | 22,183 MCF in Dec 2025 |
| Wells on Property | 12 |
Our Valuation Estimates for Black Flag State Unit 253-254
ShaleAssessment™
$13,810 *
MarketMultiple™
$1,721,816 **
* 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 Black Flag State Unit 253-254 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bad Brains State | Reeves County, TX | 24,790 BBLs | 36,027 MCF | Jan 2026 |
| Blue Topaz State Unit 251-252 | Reeves County, TX | 23,126 BBLs | 70,810 MCF | Jan 2026 |
| Bush | Reeves County, TX | 0 BBLs | 0 MCF | Apr 2023 |
| Challenger State | Reeves County, TX | 5,782 BBLs | 20,417 MCF | Jan 2026 |
| Charger State | Reeves County, TX | 1,661 BBLs | 2,027 MCF | Jan 2026 |
| Charles Goodnight 266-265 Unit | Reeves County, TX | 7,989 BBLs | 36,408 MCF | Jan 2026 |
| Clay Prewit 206-207 Unit | Reeves County, TX | 3,835 BBLs | 13,468 MCF | Jan 2026 |
| Cowhorn Unit 208-209 | Reeves County, TX | 31,624 BBLs | 105,617 MCF | Jan 2026 |
| Crisan | Reeves County, TX | 811 BBLs | 2,478 MCF | Jan 2026 |
| Gunsmoke 19 | Reeves County, TX | 2,398 BBLs | 10,293 MCF | Jan 2026 |
| Habanero 197-198 Unit | Reeves County, TX | 8,065 BBLs | 9,376 MCF | Jan 2026 |
| Hendrick | Reeves County, TX | 0 BBLs | 0 MCF | Nov 2023 |
| Hendrick State 13-254 | Reeves County, TX | 0 BBLs | 0 MCF | Sep 2023 |
| Lone Ranger State 192 | Reeves County, TX | 7,140 BBLs | 15,893 MCF | Jan 2026 |
| Ramones | Reeves County, TX | 26,089 BBLs | 43,998 MCF | Jan 2026 |
| Rifleman | Reeves County, TX | 1,082 BBLs | 360 MCF | Jan 2026 |
| Sam Prewit | Reeves County, TX | 10,119 BBLs | 24,866 MCF | Jan 2026 |
| Shelby State | Reeves County, TX | 801 BBLs | 2,508 MCF | Jan 2026 |
| Sugar Raider 191 | Reeves County, TX | 10,454 BBLs | 55,923 MCF | Jan 2026 |
| Terrill State | Reeves County, TX | 274 BBLs | 0 MCF | Jan 2026 |
These are the closest 20 companies operating near the Black Flag State Unit 253-254 property.