Oil & Gas Property in Reeves County, TX
Key data points for Founders Johnson State
| County | Reeves County, TX | 
|---|---|
| Production Dates | Jul 2017 - Jul 2025 | 
| Total Oil Production | 297,576 BBLs | 
| Total Gas Production | 2,846,844 MCF | 
| Recent Oil Production | 1,472 BBLs in Jun 2025 | 
| Recent Gas Production | 17,235 MCF in Jun 2025 | 
| Wells on Property | 2 | 
Our Valuation Estimates for Founders Johnson State
ShaleAssessment™
$72,442 *
MarketMultiple™
$220,340 **
* 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 Founders Johnson State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period | 
|---|---|---|---|---|
| Birdman A U03h | Reeves County, TX | 954 BBLs | 28,614 MCF | Jul 2025 | 
| Black Maple Hill State 12 1H | Reeves County, TX | 1,356 BBLs | 26,499 MCF | Jul 2025 | 
| Blantons 20-23e Unit 1H | Reeves County, TX | 1,079 BBLs | 27,458 MCF | Jul 2025 | 
| Buffalo 55-5-39 1H | Reeves County, TX | 175 BBLs | 8,713 MCF | Jul 2025 | 
| Citation 14 | Reeves County, TX | 219 BBLs | 7,271 MCF | Jun 2025 | 
| Diamond Back | Reeves County, TX | 38 BBLs | 1,358 MCF | Jun 2025 | 
| Knob Creek 12-11 Unit 1H | Reeves County, TX | 734 BBLs | 41,510 MCF | Jul 2025 | 
| Larceny 12-11W Unit 1H | Reeves County, TX | 32 BBLs | 13,820 MCF | Jul 2025 | 
| Pappy Van Winkle State 20-23 1H | Reeves County, TX | 3,742 BBLs | 66,215 MCF | Jul 2025 | 
| Rio Lobo State | Reeves County, TX | 87,641 BBLs | 990,167 MCF | Jul 2025 | 
| Sandhu State | Reeves County, TX | 991 BBLs | 22,453 MCF | Jul 2025 | 
| State Dragonfly | Reeves County, TX | 0 BBLs | 0 MCF | Jul 2025 | 
| State Einhorn Unit 7 | Reeves County, TX | 39,928 BBLs | 525,207 MCF | Jul 2025 | 
| State Finkle Unit 7 | Reeves County, TX | 20,512 BBLs | 182,703 MCF | Jul 2025 | 
| State Firefly 24 Unit | Reeves County, TX | 397 BBLs | 5,734 MCF | Jul 2025 | 
| State Mayfly Unit | Reeves County, TX | 2,318 BBLs | 37,055 MCF | Jul 2025 | 
| State Oatman | Reeves County, TX | 0 BBLs | 0 MCF | Feb 2021 | 
| State Papillon Unit | Reeves County, TX | 13,622 BBLs | 144,554 MCF | Jul 2025 | 
| State Stonefly Unit | Reeves County, TX | 8,484 BBLs | 213,674 MCF | Jul 2025 | 
| Westway 2122 | Reeves County, TX | 3,985 BBLs | 54,557 MCF | Jul 2025 | 
These are the closest 20 companies operating near the Founders Johnson State property.