Oil & Gas Property in Reeves County, TX
Key data points for Elephant 3
| County | Reeves County, TX | 
|---|---|
| Operator | VTX ENERGY OPERATING, LLC | 
| Production Dates | Dec 2013 - Jul 2025 | 
| Total Oil Production | 454,296 BBLs | 
| Total Gas Production | 482,824 MCF | 
| Recent Oil Production | 890 BBLs in Jun 2025 | 
| Recent Gas Production | 1,181 MCF in Jun 2025 | 
| Wells on Property | 2 | 
Our Valuation Estimates for Elephant 3
ShaleAssessment™
$92,153 *
MarketMultiple™
$148,684 **
* 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 Elephant 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period | 
|---|---|---|---|---|
| Bongo 13 | Reeves County, TX | 107 BBLs | 6 MCF | Jul 2025 | 
| Bushbuck | Reeves County, TX | 77,874 BBLs | 120,549 MCF | Jul 2025 | 
| Cheetah 11 | Reeves County, TX | 672 BBLs | 471 MCF | Jul 2025 | 
| Daytona Unit 1 | Reeves County, TX | 7,130 BBLs | 10,512 MCF | Jul 2025 | 
| Giraffe | Reeves County, TX | 79,161 BBLs | 117,517 MCF | Jul 2025 | 
| Greater Kudu 4 | Reeves County, TX | 11 BBLs | 8 MCF | Jul 2025 | 
| Hyena 15 | Reeves County, TX | 441 BBLs | 302 MCF | Jul 2025 | 
| Leopard | Reeves County, TX | 11,357 BBLs | 17,661 MCF | Jul 2025 | 
| Mamba | Reeves County, TX | 4,320 BBLs | 2,730 MCF | Jul 2025 | 
| North Bristol Unit 1e | Reeves County, TX | 13,887 BBLs | 33,628 MCF | Jul 2025 | 
| Nyala Unit 9 | Reeves County, TX | 32,416 BBLs | 40,577 MCF | Jul 2025 | 
| Panther 23 | Reeves County, TX | 280 BBLs | 292 MCF | Jul 2025 | 
| Roan State 24 | Reeves County, TX | 737 BBLs | 805 MCF | Jul 2025 | 
| South Bristol Unit 1e | Reeves County, TX | 14,023 BBLs | 41,515 MCF | Jul 2025 | 
| Speedway 1-2 | Reeves County, TX | 12,182 BBLs | 21,600 MCF | Jul 2025 | 
| Talladega Unit 2 | Reeves County, TX | 12,184 BBLs | 25,412 MCF | Jul 2025 | 
| Tiger Unit 21 | Reeves County, TX | 20,353 BBLs | 23,557 MCF | Jul 2025 | 
| Viper 14N | Reeves County, TX | 22,778 BBLs | 43,273 MCF | Jul 2025 | 
| VJ Ranch | Reeves County, TX | 882 BBLs | 558 MCF | Jul 2025 | 
| Waha | Reeves County, TX | 97,913 BBLs | 212,418 MCF | Jul 2025 | 
These are the closest 20 companies operating near the Elephant 3 property.