Kreps Unit 257 1N

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Kreps Unit 257 1N Oil & Gas Property

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Property Summary

Key data points for Kreps Unit 257 1N

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesMar 2019 - Jan 2026
Total Oil Production390,532 BBLs
Total Gas Production690,778 MCF
Recent Oil Production1,544 BBLs in Dec 2025
Recent Gas Production4,091 MCF in Dec 2025
Wells on Property1

Our Valuation Estimates for Kreps Unit 257 1N

ShaleAssessment™

Not Available

MarketMultiple™

$218,159 **

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

Based on a decimal interest

Kreps Unit 257 1N Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Kreps Unit 257 1N
from Mar 2019 to Jan 2026

Wells on Kreps Unit 257 1N

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-37656KREPS UNIT 257 1N 14HPermian Resources Operating, LLCProducingReeves County, TX31.278893-103.510115

Leases included in Kreps Unit 257 1N

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-52120KREPS UNIT 257 1NPermian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Kreps Unit 257 1N property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bagpipe State 13-0-269-27Reeves County, TX45,735 BBLs141,129 MCFJan 2026
Charles Goodnight 266-265 UnitReeves County, TX7,989 BBLs36,408 MCFJan 2026
Chevron MineralsReeves County, TX3,045 BBLs2,575 MCFJan 2026
Clay Prewit 206-207 UnitReeves County, TX3,835 BBLs13,468 MCFJan 2026
Cwei-CHKReeves County, TX0 BBLs0 MCFApr 2024
Habanero 197-198 UnitReeves County, TX8,065 BBLs9,376 MCFJan 2026
Hackberry SpringsReeves County, TX55,414 BBLs145,289 MCFJan 2026
Haggis StateReeves County, TX52,012 BBLs174,721 MCFJan 2026
Hendrick State 13-254Reeves County, TX0 BBLs0 MCFSep 2023
Kreps 257Reeves County, TX0 BBLs0 MCFAug 2025
Lulu Parr State 199-200 UnitReeves County, TX4,418 BBLs32,994 MCFJan 2026
Peck State 258Reeves County, TX765 BBLs1,441 MCFJan 2026
Pecos Bill State 204-203 UnitReeves County, TX6,633 BBLs38,960 MCFJan 2026
Perry SReeves County, TX2,319 BBLs2,722 MCFJan 2026
RamonesReeves County, TX26,089 BBLs43,998 MCFJan 2026
Regan 257Reeves County, TX61 BBLs0 MCFJan 2026
Sam PrewitReeves County, TX10,119 BBLs24,866 MCFJan 2026
State Peck 258-257Reeves County, TX4,696 BBLs14,078 MCFJan 2026
Wild Bill HickokReeves County, TX7,849 BBLs33,623 MCFJan 2026
YoungReeves County, TX19,412 BBLs52,696 MCFJan 2026

Companies in the Area

These are the closest 20 companies operating near the Kreps Unit 257 1N property.

Company Name
Apache Corporation
Arete Creek Operating, LLC
Atlantic Exploration, LLC
Atlantic Operating, Inc.
Callon Petroleum Operating Co
Centennial Resource Prod, LLC
Civitas Permian Operating, LLC
COG Operating LLC
Comstock Oil & Gas, LP
Diamondback E&P LLC
Eagle Oil & Gas Co.
Noble Energy Inc
Oxy USA WTP LP
Permian Resources Operating, LLC
Primexx Operating Corporation
Rosetta Resources Operating LP
Thompson, J. Cleo
U. S. Energy Development Corporation
Upcurve Energy, LLC
Williams, Clayton Energy, Inc.

Frac'ing activity on Kreps Unit 257 1N

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-37656KREPS UNIT 257-1N 14H

Owners of Kreps Unit 257 1N

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PERMIAN RESOURCES OPERATING LLCKREPS UNIT 257 1NPERMIAN RESOUR
2025KREPS WILLIAM E & EDNA MEMORIAL TRKREPS UNIT 257 1NPERMIAN RESOUR
2025BRENNAND ENERGY LTDKREPS UNIT 257 1NPERMIAN RESOUR
2025LOWE ROYALTY PARTNERS LPKREPS UNIT 257 1NPERMIAN RESOUR
2025KM PETRO INVESTMENTS LLCKREPS UNIT 257 1NPERMIAN RESOUR
2025MCGARY BRIAN PETER 2017 REV TRKREPS UNIT 257 1NPERMIAN RESOUR
2025MCGARY MARY JANE TRUSTKREPS UNIT 257 1NPERMIAN RESOUR
2025EVANS WHITCOMB WILCOX LLCKREPS UNIT 257 1NPERMIAN RESOUR
Displaying 8 of 30 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Kreps Unit 257 1N

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-52120KREPS UNIT 257 1NDec 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NNov 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NNov 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NOct 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NOct 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NSep 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NSep 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NAug 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NAug 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NJul 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NJul 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NJun 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NJun 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NMay 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NMay 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NApr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NApr 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NMar 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NMar 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NFeb 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NJan 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NJan 2025PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NDec 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NDec 2024PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NNov 2024OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC