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 - Mar 2026
Total Oil Production1,124,133 BBLs
Total Gas Production2,517,405 MCF
Recent Oil Production1,959 BBLs in Feb 2026
Recent Gas Production13,205 MCF in Feb 2026
Wells on Property6

Our Valuation Estimates for Gigi State 12

ShaleAssessment™

Not Available

MarketMultiple™

$535,329 **

* 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 Mar 2026

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, TX474 BBLs1,320 MCFMar 2026
AnglerReeves County, TX3,432 BBLs7,178 MCFMar 2026
Apollo 2Reeves County, TX9,975 BBLs22,293 MCFMar 2026
Astro State 51-7-22-15Reeves County, TX17,057 BBLs67,974 MCFMar 2026
BlackstoneReeves County, TX5,792 BBLs12,085 MCFMar 2026
Carter 26Reeves County, TX25 BBLs94 MCFMar 2026
Chevron MineralsReeves County, TX2,070 BBLs4,305 MCFMar 2026
CooperReeves County, TX484 BBLs0 MCFMar 2026
Cooper 27-2Reeves County, TX11,642 BBLs28,120 MCFMar 2026
Gorilla 20Reeves County, TX1,362 BBLs2,404 MCFMar 2026
Hold My FostersReeves County, TX17,715 BBLs44,870 MCFMar 2026
HouserReeves County, TX12,736 BBLs33,865 MCFMar 2026
Janey State 24Reeves County, TX3,220 BBLs9,995 MCFMar 2026
Majestic StateReeves County, TX8,940 BBLs38,893 MCFMar 2026
McCullough 35-38Reeves County, TX4,589 BBLs21,097 MCFMar 2026
Old VIc 1Reeves County, TX425 BBLs36 MCFMar 2026
OrpheumReeves County, TX4,719 BBLs12,518 MCFMar 2026
Ryman 14Reeves County, TX10,694 BBLs18,359 MCFMar 2026
South Williams 10-51Reeves County, TX731 BBLs795 MCFMar 2026
TroubadourReeves County, TX944 BBLs1,190 MCFMar 2026

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
Crescent Energy Operating, LLC
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
Upcurve Energy, LLC
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
08-54246GIGI STATE 12-13-1NMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Mar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Feb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Feb 2026PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NJan 2026PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Jan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Jan 2026PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NJan 2026PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NJan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NJan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Dec 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Dec 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NDec 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NDec 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NDec 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NDec 2025PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Nov 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NNov 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NNov 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Nov 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC