Happy Jack

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Happy Jack Oil & Gas Property

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Property Summary

Key data points for Happy Jack

CountyReeves County, TX
OperatorVITAL ENERGY, INC.
Production DatesDec 2021 - Aug 2025
Total Oil Production568,218 BBLs
Total Gas Production1,821,888 MCF
Recent Oil Production5,947 BBLs in Aug 2025
Recent Gas Production22,710 MCF in Aug 2025
Wells on Property3

Our Valuation Estimates for Happy Jack

ShaleAssessment™

Not Available

MarketMultiple™

$789,905 **

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

Based on a decimal interest

Happy Jack Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Happy Jack
from Dec 2021 to Aug 2025

Wells on Happy Jack

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-39441HAPPY JACK 1HVital Energy, Inc.ProducingReeves County, TX31.081799-103.380173
42-389-39442HAPPY JACK 3HVital Energy, Inc.ProducingReeves County, TX31.081777-103.379963
42-389-39443HAPPY JACK 2HVital Energy, Inc.ProducingReeves County, TX31.081777-103.380059

Leases included in Happy Jack

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-56721HAPPY JACKVital Energy, Inc.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the Happy Jack property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ace In The HoleReeves County, TX17,116 BBLs45,926 MCFSep 2025
AgateReeves County, TX24,940 BBLs53,687 MCFAug 2025
Big GeorgeReeves County, TX0 BBLs0 MCFMay 2025
CimarronReeves County, TX1,191 BBLs2,050 MCFSep 2025
GrissomReeves County, TX2,093 BBLs6,869 MCFAug 2025
Grissom West 31-42 UnitReeves County, TX1,397 BBLs8,900 MCFAug 2025
Iron MikeReeves County, TX6,969 BBLs94,645 MCFAug 2025
Manhattan 183Reeves County, TX4,257 BBLs26,360 MCFAug 2025
Moose 33Reeves County, TX1,403 BBLs8,051 MCFAug 2025
PhoenixReeves County, TX3,450 BBLs23,492 MCFSep 2025
Prairie Flower UnitReeves County, TX2,359 BBLs23,622 MCFSep 2025
Red CloudReeves County, TX2,177 BBLs8,578 MCFSep 2025
Red WillowReeves County, TX3,833 BBLs16,217 MCFSep 2025
Rising Sun UnitReeves County, TX13,880 BBLs51,316 MCFSep 2025
Rough Rider UnitReeves County, TX1,213 BBLs7,373 MCFSep 2025
Screaming Eagle UnitReeves County, TX7,215 BBLs30,239 MCFSep 2025
Teller 186Reeves County, TX15,078 BBLs37,666 MCFAug 2025
ThompsonReeves County, TX1,754 BBLs3,765 MCFAug 2025
White East 30-31Reeves County, TX1,795 BBLs4,283 MCFAug 2025
White West 30-31Reeves County, TX5,946 BBLs1,964 MCFAug 2025

Companies in the Area

These are the closest 20 companies operating near the Happy Jack property.

Company Name
Caird Operating, LLC
Chevron Midcontinent, L.P.
Chevron USA Inc
COG Operating LLC
Diamondback E&P LLC
Discovery Operating Inc
Exl Petroleum, LP
Halcon Operating Co., Inc.
Noble Energy Inc
Oxy USA Inc
Oxy USA WTP LP
Patriot Resources, Inc.
Phillips Petroleum Company
Pure Resources, L.P.
Scout Energy Management LLC
Thompson, J. Cleo
Vaquero Operating
Vital Energy, Inc.
Waterbridge Texas Operating LLC
Williams, Clayton Energy, Inc.

Frac'ing activity on Happy Jack

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-39441Happy Jack #1H
42-389-39442Happy Jack #3H
42-389-39443Happy Jack #2H

Owners of Happy Jack

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025VITAL ENERGY INCHAPPY JACK 2H & 3HVITAL ENERGY,
2025COLLIER ROYALTY LLCHAPPY JACK 2H & 3HVITAL ENERGY,
2025TRES ALAMITOS MINERALS LPHAPPY JACK 2H & 3HVITAL ENERGY,
2025VIPER ENERGY PARTNERS LLCHAPPY JACK 2H & 3HVITAL ENERGY,
2025JOHNSON FAMILY LIVING TRUSTHAPPY JACK 2H & 3HVITAL ENERGY,
2025ROCK RIVER MINERALS LPHAPPY JACK 2H & 3HVITAL ENERGY,
2025ESSMAN JAMES WHAPPY JACK 2H & 3HVITAL ENERGY,
2025SPENCER ANGELA ESSMANHAPPY JACK 2H & 3HVITAL ENERGY,
Displaying 8 of 23 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Happy Jack

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-56721HAPPY JACKApr 2025TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKMar 2025TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKMar 2025VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKMar 2025VITAL ENERGY, INC.
08-56721HAPPY JACKFeb 2025TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKFeb 2025VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKFeb 2025VITAL ENERGY, INC.
08-56721HAPPY JACKJan 2025TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKJan 2025VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKJan 2025VITAL ENERGY, INC.
08-56721HAPPY JACKDec 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKDec 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKDec 2024VITAL ENERGY, INC.
08-56721HAPPY JACKNov 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKNov 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKNov 2024VITAL ENERGY, INC.
08-56721HAPPY JACKOct 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKOct 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKOct 2024VITAL ENERGY, INC.
08-56721HAPPY JACKSep 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKSep 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKSep 2024VITAL ENERGY, INC.
08-56721HAPPY JACKAug 2024TRAFIGURA TRADING LLCVITAL ENERGY, INC.
08-56721HAPPY JACKAug 2024VITAL ENERGY, INC.VITAL ENERGY, INC.
08-56721HAPPY JACKAug 2024VITAL ENERGY, INC.