Oil & Gas Property in Reeves County, TX
Key data points for Covington
| County | Reeves County, TX |
|---|---|
| Production Dates | Apr 2014 - Apr 2025 |
| Total Oil Production | 2,183,282 BBLs |
| Total Gas Production | 12,067,521 MCF |
| Recent Oil Production | 9,963 BBLs in Mar 2025 |
| Recent Gas Production | 67,072 MCF in Mar 2025 |
| Wells on Property | 14 |
Our Valuation Estimates for Covington
ShaleAssessment™
$406,952 *
MarketMultiple™
$804,767 **
* 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 Covington property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Agnes | Reeves County, TX | 0 BBLs | 0 MCF | Jan 2019 |
| Bell W. E | Reeves County, TX | 0 BBLs | 0 MCF | Nov 2020 |
| Bluegill 57-1-38 Unit | Reeves County, TX | 9,971 BBLs | 64,482 MCF | Apr 2025 |
| Bowfin State 57-1-48 Unit | Reeves County, TX | 12,664 BBLs | 78,858 MCF | Apr 2025 |
| Burner | Reeves County, TX | 33 BBLs | 0 MCF | Apr 2025 |
| Casper 57-1-47 1H | Reeves County, TX | 1,400 BBLs | 2,299 MCF | Apr 2025 |
| Casper State 57-1-47-11 | Reeves County, TX | 14,846 BBLs | 66,364 MCF | May 2025 |
| Escarpa | Reeves County, TX | 472 BBLs | 1,501 MCF | Apr 2025 |
| Fraser 57-T1-39 1H | Reeves County, TX | 849 BBLs | 2,145 MCF | Apr 2025 |
| Gorgon 57-1-33 | Reeves County, TX | 8,005 BBLs | 53,977 MCF | Apr 2025 |
| Gorgon West Unit 57-1-33-28 | Reeves County, TX | 10,144 BBLs | 52,285 MCF | Apr 2025 |
| Grace | Reeves County, TX | 85 BBLs | 0 MCF | Apr 2025 |
| Hubbard Enterprises 57-T1-32 1H | Reeves County, TX | 729 BBLs | 17,987 MCF | Apr 2025 |
| Pogo Mosbacher State 57-T2-4 | Reeves County, TX | 4,470 BBLs | 25,964 MCF | Apr 2025 |
| Red Bluff | Reeves County, TX | 742 BBLs | 426 MCF | Apr 2025 |
| State Burner 57-T1-45X40 | Reeves County, TX | 15,650 BBLs | 104,517 MCF | Apr 2025 |
| State Pogo 57-T2-4 1H | Reeves County, TX | 6,223 BBLs | 31,754 MCF | Apr 2025 |
| Threadfin 57-1 | Reeves County, TX | 116,850 BBLs | 593,244 MCF | Apr 2025 |
| Thunderbird 57-2-3 1H | Reeves County, TX | 1,187 BBLs | 7,321 MCF | Apr 2025 |
| TXL-BM-NCT | Reeves County, TX | 240 BBLs | 0 MCF | Apr 2025 |
These are the closest 20 companies operating near the Covington property.