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 - Nov 2025
Total Oil Production1,109,770 BBLs
Total Gas Production2,419,056 MCF
Recent Oil Production4,422 BBLs in Oct 2025
Recent Gas Production27,628 MCF in Oct 2025
Wells on Property6

Our Valuation Estimates for Gigi State 12

ShaleAssessment™

Not Available

MarketMultiple™

$532,856 **

* 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 Nov 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, TX689 BBLs1,784 MCFNov 2025
Angler UnitReeves County, TX3,363 BBLs8,070 MCFNov 2025
Apollo 2Reeves County, TX11,471 BBLs36,326 MCFNov 2025
Astro State 51-7-22-15Reeves County, TX23,779 BBLs62,793 MCFNov 2025
BlackstoneReeves County, TX5,626 BBLs14,388 MCFNov 2025
Carter 26Reeves County, TX174 BBLs0 MCFNov 2025
Chevron MineralsReeves County, TX2,530 BBLs3,011 MCFNov 2025
CooperReeves County, TX449 BBLs175 MCFNov 2025
Cooper 27-2Reeves County, TX12,520 BBLs48,284 MCFNov 2025
Globe 1Reeves County, TX349 BBLs38 MCFNov 2025
Gorilla 20Reeves County, TX1,757 BBLs2,421 MCFNov 2025
Hold My FostersReeves County, TX26,453 BBLs49,682 MCFNov 2025
Janey State 24Reeves County, TX4,923 BBLs12,615 MCFNov 2025
Majestic StateReeves County, TX12,387 BBLs56,062 MCFNov 2025
McCullough 35-38Reeves County, TX3,907 BBLs10,398 MCFNov 2025
Old VIc 1Reeves County, TX1,320 BBLs292 MCFNov 2025
OrpheumReeves County, TX3,521 BBLs10,391 MCFNov 2025
Rialto 23Reeves County, TX431 BBLs0 MCFNov 2025
Ryman 14Reeves County, TX6,200 BBLs11,273 MCFNov 2025
South Williams 10-51Reeves County, TX502 BBLs77 MCFNov 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
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
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
08-54233GIGI 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