Gigi State 12

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Gigi State 12 Oil & Gas Property

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Property Summary

Key data points for Gigi State 12

CountyReeves County, TX
Production DatesMar 2012 - Jul 2025
Total Oil Production1,093,567 BBLs
Total Gas Production2,307,772 MCF
Recent Oil Production3,452 BBLs in Jun 2025
Recent Gas Production22,427 MCF in Jun 2025
Wells on Property6

Our Valuation Estimates for Gigi State 12

ShaleAssessment™

Not Available

MarketMultiple™

$572,608 **

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

Based on a decimal interest

Gigi State 12 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gigi State 12
from Mar 2012 to Jul 2025

Wells on Gigi State 12

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-33012GIGI STATE 12 1Permian Resources Operating, LLCProducingReeves County, TX31.281748-103.383113
42-389-33255GIGI STATE 12 2EXL PETROLEUM, LPPlugged Oil WellReeves County, TX31.275677-103.388405
42-389-33293GIGI STATE 12 3Permian Resources Operating, LLCProducingReeves County, TX31.274432-103.383119
42-389-33918GIGI STATE 12 4Permian Resources Operating, LLCProducingReeves County, TX31.285896-103.383382
42-389-38554GIGI STATE 12-13-1N 81HPermian Resources Operating, LLCProducingReeves County, TX31.257517-103.387532
42-389-38555GIGI STATE 12-13-2N 82HPermian Resources Operating, LLCProducingReeves County, TX31.257520-103.387404

Leases included in Gigi State 12

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-43049GIGI STATE 12Permian Resources Operating, LLCReeves County, TX
08-54233GIGI STATE 12-13-2NPermian Resources Operating, LLCReeves County, TX
08-54246GIGI STATE 12-13-1NPermian Resources Operating, LLCReeves County, TX

Operators Associated With Gigi State 12

Nearby Properties

These are the closest 20 properties to the Gigi State 12 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alyx State 22Reeves County, TX4 BBLs1,125 MCFJul 2025
Angler UnitReeves County, TX2,617 BBLs4,412 MCFJul 2025
Apollo 2Reeves County, TX10,680 BBLs33,546 MCFJul 2025
Astro State 51-7-22-15Reeves County, TX19,561 BBLs48,994 MCFJul 2025
BlackstoneReeves County, TX5,366 BBLs12,767 MCFJul 2025
Carter 26Reeves County, TX193 BBLs0 MCFJul 2025
Chevron MineralsReeves County, TX2,249 BBLs1,873 MCFJul 2025
CooperReeves County, TX498 BBLs490 MCFJul 2025
Cooper 27-2Reeves County, TX7,193 BBLs26,578 MCFJul 2025
Globe 1Reeves County, TX373 BBLs115 MCFJul 2025
Gorilla 20Reeves County, TX3,006 BBLs5,652 MCFJul 2025
Hold My FostersReeves County, TX75,145 BBLs126,611 MCFJul 2025
Janey State 24Reeves County, TX4,539 BBLs17,345 MCFJul 2025
Majestic StateReeves County, TX31,678 BBLs74,928 MCFJul 2025
McCullough 35-38Reeves County, TX4,391 BBLs8,452 MCFJul 2025
Old VIc 1Reeves County, TX1,648 BBLs565 MCFJul 2025
OrpheumReeves County, TX2,954 BBLs7,409 MCFJul 2025
Rialto 23Reeves County, TX379 BBLs0 MCFJul 2025
Ryman 14Reeves County, TX7,669 BBLs12,551 MCFJul 2025
South Williams 10-51Reeves County, TX1,313 BBLs990 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Gigi State 12 property.

Company Name
Bluestone Natural Res. II, LLC
Browning Oil Company, Inc.
Centennial Resource Prod, LLC
Chevron USA Inc
Civitas Permian Operating, LLC
COG Operating LLC
Eagle Oil & Gas Co.
Exl Petroleum, LP
Greenlake Energy Operating, LLC
McDonnold Operating, Inc.
Noble Energy Inc
Oxy USA WTP LP
Par Minerals Corporation
Permian Resources Operating, LLC
Quicksilver Resources Inc
Rio Oil And Gas (Permian) II,LLC
Thompson, J. Cleo
U. S. Energy Development Corporation
Vital Energy, Inc.
Waterbridge Texas Operating LLC

Frac'ing activity on Gigi State 12

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-33012Gigi State 12 1
42-389-33255Gigi State 12 #2
42-389-33255Gigi State 12 2
42-389-33293GIGI STATE 12 #3
42-389-33918GIGI STATE 12 #4
42-389-33918GIGI STATE 12 #4

Owners of Gigi State 12

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PERMIAN RESOURCES OPERATING LLCGIGI STATE 12-13-2N 82HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCGIGI STATE 12-13-1N 81HPERMIAN RESOUR
2025CHEVRON USA INC (RI/OR)GIGI STATE 12-13-2N 82HPERMIAN RESOUR
2025EXEMPT-STATE OF TEXASGIGI STATE 12-13-2N 82HPERMIAN RESOUR
2025CHEVRON USA INC (RI/OR)GIGI STATE 12-13-1N 81HPERMIAN RESOUR
2025EXEMPT-STATE OF TEXASGIGI STATE 12-13-1N 81HPERMIAN RESOUR
2025ALLAR COMPANY INC THEGIGI STATE 12-13-2N 82HPERMIAN RESOUR
2025MCCAMEY FARM & RANCH LPGIGI STATE 12-13-2N 82HPERMIAN RESOUR
Displaying 8 of 74 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gigi State 12

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-43049GIGI STATE 12Apr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NApr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NApr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NMar 2025PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NMar 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Mar 2025ETC FIELD SERVICES LLCPERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Mar 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NMar 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NMar 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NFeb 2025PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NFeb 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NFeb 2025PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Feb 2025ETC FIELD SERVICES LLCPERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NFeb 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NJan 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Jan 2025ETC FIELD SERVICES LLCPERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NJan 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NJan 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NJan 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NDec 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NDec 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NDec 2024PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Dec 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Dec 2024ETC FIELD SERVICES LLCPERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NDec 2024PERMIAN RESOURCES OPERATING, LLC