Dela State 58-T2-48 1H

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Dela State 58-T2-48 1H

CountyReeves County, TX
OperatorBPX OPERATING COMPANY
Production DatesApr 2012 - Jan 2024
Total Oil Production97,366 BBLs
Total Gas Production2,676,062 MCF
Recent Oil Production237 BBLs in Dec 2023
Recent Gas Production11,453 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Dela State 58-T2-48 1H

ShaleAssessment

$51,982 *

MarketMultiple

$68,102 **

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

Based on a decimal interest

Dela State 58-T2-48 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Dela State 58-T2-48 1H
from Apr 2012 to Jan 2024

Wells on Dela State 58-T2-48 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-32978DELA STATE 58-T2-48 1HBPX OPERATING COMPANYProducingReeves County, TX31.767495-104.014749

Leases included in Dela State 58-T2-48 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-267104DELA STATE 58-T2-48 1HBPX OPERATING COMPANYReeves County, TX

Nearby Properties

These are the closest 20 properties to the Dela State 58-T2-48 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ava State 36Reeves County, TX10,507 BBLs135,938 MCFJan 2024
Big Piney 57-2-41 1HReeves County, TX1,893 BBLs15,992 MCFJan 2024
Cathedral State 57-6 UnitReeves County, TX4,041 BBLs53,017 MCFJan 2024
Chevy Chase 58-T2-47 W10Reeves County, TX4,456 BBLs31,568 MCFJan 2024
Consensus 57-3-5 1HReeves County, TX1,771 BBLs16,337 MCFJan 2024
Efg State 57-T2-42Reeves County, TX4,642 BBLs94,840 MCFJan 2024
Ghost Rider 57-2-43 1HReeves County, TX1,371 BBLs20,479 MCFJan 2024
Hudson 0-66X67 1HReeves County, TX3,045 BBLs35,547 MCFJan 2024
Rain City 57-3-7 1HReeves County, TX837 BBLs11,889 MCFJan 2024
Rio Pierce Family 57-T2-45 1HReeves County, TX2,051 BBLs15,950 MCFJan 2024
Silent Rogue 57-3-17 1HReeves County, TX358 BBLs3,730 MCFJan 2024
State Crimm 0-65Reeves County, TX2,826 BBLs36,374 MCFJan 2024
State Dela 58-T2-38 1HReeves County, TX2,453 BBLs16,386 MCFJan 2024
State Diamond Back 57Reeves County, TX1,800 BBLs9,113 MCFJan 2024
State Geronimo 57-T3-8 W10Reeves County, TX2,634 BBLs26,503 MCFJan 2024
State James 57-T2-42 1HReeves County, TX3,345 BBLs23,173 MCFJan 2024
State Lazy Acre 57-T2-44 W10Reeves County, TX2,697 BBLs24,097 MCFJan 2024
State Placer 57-T2-44Reeves County, TX4,206 BBLs57,660 MCFJan 2024
State Silverado 58-T2-48X37Reeves County, TX9,783 BBLs68,240 MCFJan 2024
State Tracker 58-T2-38X35 Sa W208HReeves County, TX4,658 BBLs56,102 MCFJan 2024

Owners of Dela State 58-T2-48 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023BPX OPERATING COMPANYDELA STATE 58-T2-48 #1HBPX OPERATING
2023EXEMPT-STATE OF TEXASDELA STATE 58-T2-48 #1HBPX OPERATING
2023COVINGTON MINERALS LPDELA STATE 58-T2-48 #1HBPX OPERATING
2023HUDSON MAGGIE LOVE CRIMDELA STATE 58-T2-48 #1HBPX OPERATING
2023CRIM JOHN THOMPSON IIIDELA STATE 58-T2-48 #1HBPX OPERATING
2023BLAIR ORRI LLCDELA STATE 58-T2-48 #1HBPX OPERATING

Oil & Gas Sales on Dela State 58-T2-48 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-267104DELA STATE 58-T2-48 1HNov 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HNov 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HNov 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HNov 2023ETC TEXAS PIPELINE, LTD.CONOCOPHILLIPS COMPANY
08-267104DELA STATE 58-T2-48 1HOct 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HOct 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HOct 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HOct 2023ETC TEXAS PIPELINE, LTD.CONOCOPHILLIPS COMPANY
08-267104DELA STATE 58-T2-48 1HSep 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HSep 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HSep 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HSep 2023ETC TEXAS PIPELINE, LTD.CONOCOPHILLIPS COMPANY
08-267104DELA STATE 58-T2-48 1HAug 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HAug 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HAug 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HAug 2023ETC TEXAS PIPELINE, LTD.CONOCOPHILLIPS COMPANY
08-267104DELA STATE 58-T2-48 1HJul 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HJul 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HJul 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HJul 2023ETC TEXAS PIPELINE, LTD.CONOCOPHILLIPS COMPANY
08-267104DELA STATE 58-T2-48 1HJun 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HJun 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HJun 2023BPX OPERATING COMPANY
08-267104DELA STATE 58-T2-48 1HJun 2023ETC TEXAS PIPELINE, LTD.CONOCOPHILLIPS COMPANY
08-267104DELA STATE 58-T2-48 1HMay 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY