Ligon State Unit 7-22

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Ligon State Unit 7-22

CountyReeves County, TX
Production DatesSep 2015 - Jan 2024
Total Oil Production719,029 BBLs
Total Gas Production2,688,467 MCF
Recent Oil Production3,128 BBLs in Dec 2023
Recent Gas Production7,956 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for Ligon State Unit 7-22

ShaleAssessment

$128,788 *

MarketMultiple

$467,143 **

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

Based on a decimal interest

Ligon State Unit 7-22 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ligon State Unit 7-22
from Sep 2015 to Jan 2024

Wells on Ligon State Unit 7-22

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-33521LIGON STATE UNIT 7-22 3CONTINENTAL RESOURCES, INC.Shut InReeves County, TX31.339041-103.140940
42-389-34825LIGON STATE UNIT 7-22 2HANADARKO E&P ONSHORE LLCHorizontal Well Surface LocatioReeves County, TX31.352702-103.134257
42-389-34872LIGON STATE UNIT 7-22 1HCONTINENTAL RESOURCES, INC.ProducingReeves County, TX31.326279-103.138367
42-389-35532LIGON STATE UNIT 7-22 4301HCONTINENTAL RESOURCES, INC.ProducingReeves County, TX31.353087-103.148078
42-389-35696LIGON STATE UNIT 7-22 3813HCONTINENTAL RESOURCES, INC.Shut InReeves County, TX31.352809-103.134262
42-389-35702LIGON STATE UNIT 7-22 4313HCONTINENTAL RESOURCES, INC.ProducingReeves County, TX31.352809-103.134262

Leases included in Ligon State Unit 7-22

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-47267LIGON STATE UNIT 7-22CONTINENTAL RESOURCES, INC.Reeves County, TX
08-51568LIGON STATE UNIT 7-22CONTINENTAL RESOURCES, INC.Reeves County, TX

Operators Associated With Ligon State Unit 7-22

Nearby Properties

These are the closest 20 properties to the Ligon State Unit 7-22 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Barber W.TReeves County, TX703 BBLs3,845 MCFJan 2024
Blazer Unit 14Reeves County, TX15,899 BBLs31,277 MCFJan 2024
BodkinsReeves County, TX7 BBLs31,257 MCFJan 2024
Caspian 19Reeves County, TX11,404 BBLs117,856 MCFJan 2024
Legacy 2623Reeves County, TX9,611 BBLs9,275 MCFJan 2024
LegearReeves County, TX13,916 BBLs14,008 MCFJan 2024
Rogers 6Reeves County, TX5,233 BBLs13,703 MCFJan 2024
State Azteca 15-3 AReeves County, TX2,632 BBLs14,525 MCFJan 2024
State Eiland 1Reeves County, TX21,266 BBLs23,388 MCFJan 2024
State Gypsy 16-4Reeves County, TX9,901 BBLs93,973 MCFJan 2024
State Lokai UnitWard County, TX12,871 BBLs41,856 MCFJan 2024
State Oberlander 15-4 AReeves County, TX3,877 BBLs16,722 MCFJan 2024
State Red ShinerReeves County, TX716 BBLs7 MCFJan 2024
State Shire 72-18Reeves County, TX9,464 BBLs108,089 MCFJan 2024
State T-Rex 2610a-7Reeves County, TX1,565 BBLs2,238 MCFJan 2024
Strain C. HReeves County, TX5,008 BBLs9,979 MCFJan 2024
Trees J. C. EstateReeves County, TX60 BBLs10,202 MCFJan 2024
Walkaloosa 5Reeves County, TX28,792 BBLs100,363 MCFJan 2024
Walking O C3-28Reeves County, TX1,532 BBLs4,587 MCFJan 2024
Whiskey River 0927Reeves County, TX13,961 BBLs33,108 MCFJan 2024

Owners of Ligon State Unit 7-22

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CONTINENTAL RESOURCES INCLIGON STATE UNIT 7-22CONTINENTAL RE
2023EXEMPT-STATE OF TEXASLIGON STATE UNIT 7-22CONTINENTAL RE
2023CONTINENTAL RESOURCES INCLIGON STATE UNIT 7-22CONTINENTAL RE
2023SPRINGWOOD MINERALS 6 LPLIGON STATE UNIT 7-22CONTINENTAL RE
2023SITIO PERMIAN LLCLIGON STATE UNIT 7-22CONTINENTAL RE
2023VIPER ENERGY PARTNERS LLCLIGON STATE UNIT 7-22CONTINENTAL RE
2023C & H PARTNERSLIGON STATE UNIT 7-22CONTINENTAL RE
2023HUNTER CHESTER FAM TRLIGON STATE UNIT 7-22CONTINENTAL RE
Displaying 8 of 17 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Ligon State Unit 7-22

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-47267LIGON STATE UNIT 7-22Nov 2023PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2023CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2023CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2023PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2023CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2023PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2023PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2023CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2023CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2023PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jun 2023CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jun 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jun 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jun 2023PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22May 2023CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.