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 - Jul 2025
Total Oil Production1,515,373 BBLs
Total Gas Production8,068,458 MCF
Recent Oil Production7,320 BBLs in Jun 2025
Recent Gas Production63,441 MCF in Jun 2025
Wells on Property6

Our Valuation Estimates for Flex State 21602 16

ShaleAssessment™

Not Available

MarketMultiple™

$1,107,328 **

* 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 Jul 2025

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 MCFNov 2024
Bolinger C. EReeves County, TX0 BBLs0 MCFMay 2021
BollingerReeves County, TX0 BBLs0 MCFMay 2018
Chevy Blazer 56-T3-20X17Reeves County, TX18,673 BBLs162,063 MCFJul 2025
Chimera State 56-3-7 UnitReeves County, TX15,151 BBLs138,312 MCFJul 2025
Cloak State 56-3-9-8Reeves County, TX32,407 BBLs208,808 MCFJul 2025
Darcy StateReeves County, TX11,266 BBLs185,109 MCFJul 2025
Jackalope 56-3-11 Unit 1HReeves County, TX906 BBLs6,840 MCFJul 2025
Jr 56-T3-26 1HReeves County, TX1,543 BBLs6,933 MCFJul 2025
MeekerReeves County, TX0 BBLs0 MCFDec 2014
Missile 56-3-27 1HReeves County, TX1,195 BBLs8,159 MCFJul 2025
Mitchell 56-T3-26 1HReeves County, TX1,830 BBLs3,321 MCFJul 2025
Nightwatch 56-3-21 1HReeves County, TX1,267 BBLs8,696 MCFJul 2025
NorcopReeves County, TX0 BBLs0 MCFJul 2019
PhillipsReeves County, TX0 BBLs0 MCFSep 2001
SledgeReeves County, TX0 BBLs0 MCFApr 2025
Sounder 56-3-15 1HReeves County, TX4,433 BBLs14,698 MCFJul 2025
State Champ 56-T3-12XReeves County, TX11,378 BBLs142,557 MCFJul 2025
TexacoReeves County, TX0 BBLs0 MCFAug 2004
Wand State 56-3-18-19Reeves County, TX27,143 BBLs257,307 MCFJul 2025

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
Eastland Oil Company, The
Eqv Operating LLC
Greenlake Energy Operating, LLC
JRC Petroleum
K3 Productions LLC
Linop Corporation
New Horizon Exploration, Inc.
On Pointe Operating LLC
Orla Petco, Inc.
Pearce, Roy F., Jr.
Putnam, Paul Oil
Q Natural Resources, LLC
Re-Op Corp.
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
08-289198FLEX STATE 21602 16 2HMar 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HMar 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HMar 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HMar 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HMar 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HMar 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HMar 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HMar 2025ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HMar 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HFeb 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HFeb 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HFeb 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HFeb 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HFeb 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HFeb 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289199FLEX STATE 21602 16 1HFeb 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HFeb 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HJan 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HJan 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HJan 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-289198FLEX STATE 21602 16 2HJan 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HJan 2025BTA OIL PRODUCERS, LLCBTA OIL PRODUCERS, LLC
08-287926FLEX STATE 21602 16 6HJan 2025ENTERPRISE PRODUCTS OPERATING LLCBTA OIL PRODUCERS, LLC
08-288017FLEX STATE 21602 16 5HJan 2025ENERGY TRANSFER CRUDE MARKETING LLCBTA OIL PRODUCERS, LLC