Flex State 21602 16

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Flex State 21602 16

CountyReeves County, TX
OperatorBTA OIL PRODUCERS, LLC
Production DatesSep 2019 - Jan 2024
Total Oil Production1,344,025 BBLs
Total Gas Production6,903,008 MCF
Recent Oil Production9,524 BBLs in Dec 2023
Recent Gas Production83,414 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for Flex State 21602 16

ShaleAssessment

Not Available

MarketMultiple

$1,668,144 **

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

Based on a decimal interest

Flex State 21602 16 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Flex State 21602 16
from Sep 2019 to Jan 2024

Wells on Flex State 21602 16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-37462FLEX STATE 21602 16 1HBTA OIL PRODUCERS, LLCProducingReeves County, TX31.710144-103.859999
42-389-37463FLEX STATE 21602 16 2HBTA OIL PRODUCERS, LLCProducingReeves County, TX31.710144-103.860095
42-389-37464FLEX STATE 21602 16 3HBTA OIL PRODUCERS, LLCHorizontal Well Surface LocatioReeves County, TX31.709444-103.864403
42-389-37486FLEX STATE 21602 16 4HBTA OIL PRODUCERS, LLCHorizontal Well Surface LocatioReeves County, TX31.709444-103.864499
42-389-37487FLEX STATE 21602 16 5HBTA OIL PRODUCERS, LLCProducingReeves County, TX31.709588-103.862216
42-389-37488FLEX STATE 21602 16 6HBTA OIL PRODUCERS, LLCProducingReeves County, TX31.709610-103.862135

Leases included in Flex State 21602 16

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-287926FLEX STATE 21602 16 6HBTA OIL PRODUCERS, LLCReeves County, TX
08-288017FLEX STATE 21602 16 5HBTA OIL PRODUCERS, LLCReeves County, TX
08-289198FLEX STATE 21602 16 2HBTA OIL PRODUCERS, LLCReeves County, TX
08-289199FLEX STATE 21602 16 1HBTA OIL PRODUCERS, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Flex State 21602 16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArmstrongReeves County, TX0 BBLs0 MCFSep 2023
Bolinger C. EReeves County, TX0 BBLs0 MCFMay 2021
Chevy Blazer 56-T3-20X17Reeves County, TX31,657 BBLs221,996 MCFJan 2024
Chimera State 56-3-7 UnitReeves County, TX34,096 BBLs162,792 MCFJan 2024
Cloak State 56-3-9-8Reeves County, TX79,827 BBLs486,550 MCFJan 2024
Darcy StateReeves County, TX21,751 BBLs397,855 MCFJan 2024
Eighteenmile 56-18Reeves County, TX1,273 BBLs6,108 MCFJan 2024
Jackalope 56-3-11 Unit 1HReeves County, TX1,310 BBLs10,508 MCFJan 2024
Jr 56-T3-26 1HReeves County, TX992 BBLs3,471 MCFJan 2024
MeekerReeves County, TX0 BBLs0 MCFDec 2014
Missile 56-3-27 1HReeves County, TX2,174 BBLs14,580 MCFJan 2024
Mitchell 56-T3-26 1HReeves County, TX2,475 BBLs10,173 MCFJan 2024
Nightwatch 56-3-21 1HReeves County, TX2,243 BBLs15,172 MCFJan 2024
NorcopReeves County, TX0 BBLs0 MCFJul 2019
PhillipsReeves County, TX0 BBLs0 MCFSep 2001
SledgeReeves County, TX0 BBLs0 MCFSep 2023
Sounder 56-3-15 1HReeves County, TX2,750 BBLs26,054 MCFJan 2024
State Apache 5Reeves County, TX5,215 BBLs31,631 MCFJan 2024
State Champ 56-T3-12X5 WReeves County, TX11,627 BBLs134,141 MCFJan 2024
TexacoReeves County, TX0 BBLs0 MCFAug 2004

Owners of Flex State 21602 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #1HBTA OIL PRODUC
2023BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #2HBTA OIL PRODUC
2023BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #6HBTA OIL PRODUC
2023BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #5HBTA OIL PRODUC
2023EXEMPT-STATE OF TEXASFLEX STATE 21602 16 #1HBTA OIL PRODUC
2023EXEMPT-STATE OF TEXASFLEX STATE 21602 16 #2HBTA OIL PRODUC
2023EXEMPT-STATE OF TEXASFLEX STATE 21602 16 #6HBTA OIL PRODUC
2023EXEMPT-STATE OF TEXASFLEX STATE 21602 16 #5HBTA OIL PRODUC
Displaying 8 of 48 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Flex State 21602 16

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-287926FLEX STATE 21602 16 6HNov 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HNov 2023ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HNov 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HNov 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HNov 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HNov 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HNov 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HNov 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HNov 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HOct 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HOct 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HOct 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HOct 2023ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HOct 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HOct 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HOct 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HOct 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HOct 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HSep 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HSep 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HSep 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HSep 2023ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HSep 2023ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HSep 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HSep 2023BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC