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 - Jan 2026
Total Oil Production1,118,078 BBLs
Total Gas Production2,479,061 MCF
Recent Oil Production4,983 BBLs in Dec 2025
Recent Gas Production25,591 MCF in Dec 2025
Wells on Property6

Our Valuation Estimates for Gigi State 12

ShaleAssessment™

Not Available

MarketMultiple™

$535,747 **

* 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 Jan 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, TX525 BBLs1,624 MCFJan 2026
AnglerReeves County, TX3,858 BBLs5,916 MCFJan 2026
Apollo 2Reeves County, TX12,052 BBLs37,196 MCFJan 2026
Astro State 51-7-22-15Reeves County, TX17,965 BBLs49,625 MCFJan 2026
BlackstoneReeves County, TX6,861 BBLs17,339 MCFJan 2026
Carter 26Reeves County, TX170 BBLs101 MCFJan 2026
Chevron MineralsReeves County, TX2,304 BBLs2,844 MCFJan 2026
CooperReeves County, TX690 BBLs0 MCFJan 2026
Cooper 27-2Reeves County, TX7,836 BBLs28,708 MCFJan 2026
Gorilla 20Reeves County, TX3,296 BBLs6,269 MCFJan 2026
Hold My FostersReeves County, TX24,219 BBLs57,913 MCFJan 2026
HouserReeves County, TX11,643 BBLs21,627 MCFJan 2026
Janey State 24Reeves County, TX5,261 BBLs10,852 MCFJan 2026
Majestic StateReeves County, TX11,843 BBLs51,569 MCFJan 2026
McCullough 35-38Reeves County, TX4,984 BBLs5,919 MCFJan 2026
Old VIc 1Reeves County, TX1,053 BBLs254 MCFJan 2026
OrpheumReeves County, TX3,684 BBLs8,886 MCFJan 2026
Rialto 23Reeves County, TX529 BBLs0 MCFJan 2026
Ryman 14Reeves County, TX9,207 BBLs18,551 MCFJan 2026
TrailblazerReeves County, TX1,252 BBLs1,338 MCFJan 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
08-54233GIGI 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
08-43049GIGI STATE 12Dec 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN 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
08-54246GIGI STATE 12-13-1NNov 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Nov 2025PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Nov 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NNov 2025PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NOct 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NOct 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NOct 2025PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NOct 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Oct 2025PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Oct 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NSep 2025PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NSep 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Sep 2025PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NSep 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NSep 2025PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Sep 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54233GIGI STATE 12-13-2NAug 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Aug 2025PERMIAN RESOURCES OPERATING, LLC
08-43049GIGI STATE 12Aug 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-54246GIGI STATE 12-13-1NAug 2025PERMIAN RESOURCES OPERATING, LLC