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 - Apr 2025
Total Oil Production1,084,206 BBLs
Total Gas Production2,215,223 MCF
Recent Oil Production4,801 BBLs in Mar 2025
Recent Gas Production31,017 MCF in Mar 2025
Wells on Property6

Our Valuation Estimates for Gigi State 12

ShaleAssessment™

Not Available

MarketMultiple™

$671,168 **

* 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 Apr 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, TX0 BBLs80 MCFMar 2025
Angler UnitReeves County, TX3,382 BBLs7,813 MCFMar 2025
Apollo 2Reeves County, TX11,291 BBLs51,009 MCFApr 2025
Astro State 51-7-22-15Reeves County, TX27,561 BBLs57,029 MCFApr 2025
BlackstoneReeves County, TX5,918 BBLs12,884 MCFApr 2025
Carter 26Reeves County, TX381 BBLs0 MCFMar 2025
Chevron MineralsReeves County, TX1,131 BBLs1,016 MCFApr 2025
CooperReeves County, TX431 BBLs676 MCFApr 2025
Cooper 27-2Reeves County, TX13,554 BBLs39,823 MCFApr 2025
Gorilla 20Reeves County, TX424 BBLs589 MCFApr 2025
HouserReeves County, TX11,464 BBLs17,730 MCFApr 2025
Janey State 24Reeves County, TX6,978 BBLs27,961 MCFApr 2025
Majestic StateReeves County, TX2,233 BBLs5,749 MCFApr 2025
McCullough 35-38Reeves County, TX7,075 BBLs17,325 MCFApr 2025
OrpheumReeves County, TX5,416 BBLs10,964 MCFApr 2025
Rialto 23Reeves County, TX1,274 BBLs0 MCFApr 2025
Ryman 14Reeves County, TX9,503 BBLs64,194 MCFApr 2025
South Williams 10-51Reeves County, TX1,218 BBLs1,720 MCFMar 2025
TrailblazerReeves County, TX1,139 BBLs2,021 MCFMar 2025
Williams 10-51-7Reeves County, TX701 BBLs1,631 MCFApr 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
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
Rosetta Resources Operating LP
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
2024OXY USA WTP LPGIGI STATE 12-13-2N 82HOXY USA WTP LP
2024OXY USA WTP LPGIGI STATE 12-13-1N 81HOXY USA WTP LP
2024CHEVRON USA INC (RI/OR)GIGI STATE 12-13-2N 82HOXY USA WTP LP
2024EXEMPT-STATE OF TEXASGIGI STATE 12-13-2N 82HOXY USA WTP LP
2024CHEVRON USA INC (RI/OR)GIGI STATE 12-13-1N 81HOXY USA WTP LP
2024EXEMPT-STATE OF TEXASGIGI STATE 12-13-1N 81HOXY USA WTP LP
2024ALLAR COMPANY INC THEGIGI STATE 12-13-2N 82HOXY USA WTP LP
2024MCCAMEY FARM & RANCH LPGIGI STATE 12-13-2N 82HOXY USA WTP LP
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