Challenger State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Challenger State

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesNov 2015 - Jan 2024
Total Oil Production667,011 BBLs
Total Gas Production1,092,835 MCF
Recent Oil Production9,061 BBLs in Dec 2023
Recent Gas Production18,373 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for Challenger State

ShaleAssessment

$86,141 *

MarketMultiple

$1,536,868 **

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

Based on a decimal interest

Challenger State 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 Challenger State
from Nov 2015 to Jan 2024

Wells on Challenger State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34451CHALLENGER STATE 1HPermian Resources Operating, LLCProducingReeves County, TX31.217048-103.506371
42-389-39849CHALLENGER STATE A C32HPermian Resources Operating, LLCProducingReeves County, TX31.231745-103.504127
42-389-39850CHALLENGER STATE B T49HPermian Resources Operating, LLCProducingReeves County, TX31.231727-103.504033

Leases included in Challenger State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49195CHALLENGER STATEPermian Resources Operating, LLCReeves County, TX
08-58608CHALLENGER STATE APermian Resources Operating, LLCReeves County, TX
08-58610CHALLENGER STATE BPermian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Challenger State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bad Brains StateReeves County, TX102,637 BBLs166,181 MCFJan 2024
Black Flag State Unit 253-254Reeves County, TX15,100 BBLs61,481 MCFJan 2024
Blake Fowler UnitReeves County, TX1,712 BBLs1,813 MCFJan 2024
Blue Topaz State Unit 251-252Reeves County, TX61,740 BBLs194,934 MCFJan 2024
BushReeves County, TX0 BBLs0 MCFApr 2023
Charger StateReeves County, TX3,182 BBLs7,763 MCFJan 2024
Charles Goodnight 266-265 UnitReeves County, TX15,256 BBLs62,586 MCFJan 2024
CollinsReeves County, TX2,698 BBLs5,021 MCFJan 2024
CrisanReeves County, TX1,352 BBLs2,401 MCFJan 2024
FaudreeReeves County, TX11 BBLs20 MCFJan 2024
GibsonReeves County, TX2,301 BBLs6,894 MCFJan 2024
Graves StateReeves County, TX14,531 BBLs41,780 MCFJan 2024
HendrickReeves County, TX0 BBLs0 MCFNov 2023
Hendrick State 13-254Reeves County, TX0 BBLs0 MCFSep 2023
Pink 42Reeves County, TX1,862 BBLs2,225 MCFJan 2024
Pink FloydReeves County, TX12,423 BBLs32,766 MCFJan 2024
RamonesReeves County, TX6,886 BBLs11,907 MCFJan 2024
Sam PrewitReeves County, TX16,749 BBLs23,995 MCFJan 2024
Shelby StateReeves County, TX3,744 BBLs5,000 MCFJan 2024
Terrill StateReeves County, TX129 BBLs0 MCFJan 2024

Owners of Challenger State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PERMIAN RESOURCES OPERATING LLCCHALLENGER STATE A C32HCENTENNIAL RES
2023PERMIAN RESOURCES OPERATING LLCCHALLENGER STATE B T 49HCENTENNIAL RES
2023EXEMPT-STATE OF TEXASCHALLENGER STATE B T 49HCENTENNIAL RES
2023EXEMPT-STATE OF TEXASCHALLENGER STATE A C32HCENTENNIAL RES
2023GIBSON ADDISON H FOUNDATIONCHALLENGER STATE B T 49HCENTENNIAL RES
2023GIBSON ADDISON H FOUNDATIONCHALLENGER STATE A C32HCENTENNIAL RES
2023FORD CHAPMAN PROPERTIES LTDCHALLENGER STATE A C32HCENTENNIAL RES
2023BLAKE OIL & GAS CORPORATIONCHALLENGER STATE A C32HCENTENNIAL RES
Displaying 8 of 172 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Challenger State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-58610CHALLENGER STATE BNov 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BNov 2023PERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATENov 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATENov 2023PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE ANov 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE ANov 2023PERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEOct 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AOct 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AOct 2023PERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BOct 2023PERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BOct 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEOct 2023PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE ASep 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE ASep 2023PERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATESep 2023PERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATESep 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BSep 2023PERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BSep 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BAug 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEAug 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-49195CHALLENGER STATEAug 2023PERMIAN RESOURCES OPERATING, LLC
08-58610CHALLENGER STATE BAug 2023PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AAug 2023SHELL TRADING (US) COMPANYPERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AAug 2023PERMIAN RESOURCES OPERATING, LLC
08-58608CHALLENGER STATE AJul 2023PERMIAN RESOURCES OPERATING, LLC