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 - Sep 2025
Total Oil Production367,350 BBLs
Total Gas Production619,776 MCF
Recent Oil Production1,802 BBLs in Aug 2025
Recent Gas Production6,502 MCF in Aug 2025
Wells on Property1

Our Valuation Estimates for Kreps Unit 257 1N

ShaleAssessment™

Not Available

MarketMultiple™

$236,128 **

* 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 Sep 2025

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, TX47,680 BBLs126,782 MCFSep 2025
Charles Goodnight 266-265 UnitReeves County, TX9,900 BBLs42,670 MCFSep 2025
Chevron MineralsReeves County, TX1,503 BBLs708 MCFSep 2025
Clay Prewit 206-207 UnitReeves County, TX6,619 BBLs19,766 MCFSep 2025
Cwei-CHKReeves County, TX0 BBLs0 MCFApr 2024
Hackberry SpringsReeves County, TX78,181 BBLs168,741 MCFSep 2025
Haggis StateReeves County, TX57,685 BBLs142,860 MCFSep 2025
Hendrick State 13-254Reeves County, TX0 BBLs0 MCFSep 2023
Kreps 257Reeves County, TX2 BBLs0 MCFAug 2025
Lulu Parr State 199-200 UnitReeves County, TX6,691 BBLs55,281 MCFSep 2025
Pearce 195-13Reeves County, TX466 BBLs144 MCFAug 2025
Peck State 258Reeves County, TX710 BBLs41 MCFSep 2025
Pecos Bill State 204-203 UnitReeves County, TX8,137 BBLs37,631 MCFSep 2025
Perry SReeves County, TX582 BBLs54 MCFSep 2025
RamonesReeves County, TX12,931 BBLs32,445 MCFSep 2025
Regan 257Reeves County, TX1 BBLs0 MCFSep 2025
Sam PrewitReeves County, TX15,210 BBLs33,682 MCFSep 2025
State Peck 258-257Reeves County, TX6,108 BBLs20,618 MCFSep 2025
Wild Bill HickokReeves County, TX5,784 BBLs32,478 MCFSep 2025
YoungReeves County, TX8,972 BBLs34,538 MCFSep 2025

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 1NApr 2025OCCIDENTAL ENERGY MARKETING, INC.PERMIAN 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
08-52120KREPS UNIT 257 1NNov 2024PERMIAN RESOURCES OPERATING, LLC
08-52120KREPS UNIT 257 1NOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NOct 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-52120KREPS UNIT 257 1NOct 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-52120KREPS UNIT 257 1NSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NSep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-52120KREPS UNIT 257 1NSep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-52120KREPS UNIT 257 1NAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NAug 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NAug 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-52120KREPS UNIT 257 1NAug 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-52120KREPS UNIT 257 1NJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NJul 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-52120KREPS UNIT 257 1NJul 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP