Flex State 21602 16

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Flex State 21602 16 Oil & Gas Property

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Property Summary

Key data points for Flex State 21602 16

CountyReeves County, TX
OperatorBTA OIL PRODUCERS, LLC
Production DatesSep 2019 - Mar 2026
Total Oil Production1,561,205 BBLs
Total Gas Production8,480,731 MCF
Recent Oil Production5,803 BBLs in Feb 2026
Recent Gas Production57,023 MCF in Feb 2026
Wells on Property6

Our Valuation Estimates for Flex State 21602 16

ShaleAssessment™

Not Available

MarketMultiple™

$924,376 **

* 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 Mar 2026

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 MCFOct 2025
Bolinger C. EReeves County, TX0 BBLs0 MCFMay 2021
BollingerReeves County, TX0 BBLs0 MCFMay 2018
Chevy Blazer 56-T3-20X17Reeves County, TX15,923 BBLs146,854 MCFMar 2026
Chimera State 56-3-7 UnitReeves County, TX10,018 BBLs142,360 MCFMar 2026
Cloak State 56-3-9-8Reeves County, TX15,262 BBLs105,787 MCFMar 2026
Darcy StateReeves County, TX703 BBLs6,895 MCFMar 2026
Jackalope 56-3-11 Unit 1HReeves County, TX646 BBLs2,640 MCFMar 2026
Jr 56-T3-26 1HReeves County, TX1,605 BBLs8,740 MCFMar 2026
MeekerReeves County, TX0 BBLs0 MCFDec 2014
Missile 56-3-27 1HReeves County, TX1,145 BBLs8,044 MCFMar 2026
Mitchell 56-T3-26 1HReeves County, TX1,694 BBLs2,823 MCFMar 2026
Nightwatch 56-3-21 1HReeves County, TX1,301 BBLs5,205 MCFMar 2026
NorcopReeves County, TX0 BBLs0 MCFJul 2019
SledgeReeves County, TX0 BBLs0 MCFMay 2025
Sounder 56-3-15 1HReeves County, TX1,305 BBLs6,717 MCFMar 2026
State Apache 5Reeves County, TX4,247 BBLs34,351 MCFMar 2026
State Champ 56-T3-12XReeves County, TX7,587 BBLs54,836 MCFMar 2026
TexacoReeves County, TX0 BBLs0 MCFAug 2004
Wand State 56-3-18-19Reeves County, TX33,213 BBLs213,613 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Flex State 21602 16 property.

Company Name
Anadarko E&P Onshore LLC
Apache Corporation
BPX Operating Company
Bustamante Resources LLC
Coterra Energy Operating Co.
Eastland Oil Company, The
Eqv Operating LLC
Greenlake Energy Operating, LLC
JRC Petroleum
K3 Productions LLC
Killer Rabbit Fields LLC
Linop Corporation
New Horizon Exploration, Inc.
On Pointe Operating LLC
Pdeh LLC
Putnam, Paul Oil
Q Natural Resources, LLC
Rio Oil And Gas (Permian) II,LLC
Southern Union Exploration Co.
Teke Production LLC

Frac'ing activity on Flex State 21602 16

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-37462Flex State 21602 16 #1H
42-389-37463Flex State 21602 16 #2H
42-389-37487Flex State 21602 16 #5H
42-389-37488Flex State 21602 16 #6H

Owners of Flex State 21602 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #1HBTA OIL PRODUC
2025BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #2HBTA OIL PRODUC
2025BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #6HBTA OIL PRODUC
2025BTA OIL PRODUCERS LLCFLEX STATE 21602 16 #5HBTA OIL PRODUC
2025EXEMPT-STATE OF TEXASFLEX STATE 21602 16 #1HBTA OIL PRODUC
2025EXEMPT-STATE OF TEXASFLEX STATE 21602 16 #2HBTA OIL PRODUC
2025EXEMPT-STATE OF TEXASFLEX STATE 21602 16 #6HBTA OIL PRODUC
2025EXEMPT-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
08-288017FLEX STATE 21602 16 5HFeb 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HFeb 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HFeb 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HFeb 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HFeb 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HFeb 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HFeb 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HFeb 2026ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HFeb 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HJan 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HJan 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HJan 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HJan 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HJan 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HJan 2026ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HJan 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HJan 2026BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HJan 2026ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HDec 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HDec 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HDec 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HDec 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HDec 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HDec 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HDec 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC