Ligon State Unit 7-22

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Ligon State Unit 7-22 Oil & Gas Property

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Property Summary

Key data points for Ligon State Unit 7-22

CountyReeves County, TX
Production DatesSep 2015 - Nov 2025
Total Oil Production788,051 BBLs
Total Gas Production2,895,841 MCF
Recent Oil Production3,001 BBLs in Oct 2025
Recent Gas Production11,520 MCF in Oct 2025
Wells on Property6

Our Valuation Estimates for Ligon State Unit 7-22

ShaleAssessment™

$73,114 *

MarketMultiple™

$349,216 **

* 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 Nov 2025

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
Apex 2324Reeves County, TX19,790 BBLs119,945 MCFNov 2025
Barber W.TReeves County, TX592 BBLs2,069 MCFNov 2025
Blazer Unit 14Reeves County, TX19,552 BBLs58,056 MCFNov 2025
BodkinsReeves County, TX4 BBLs21,596 MCFNov 2025
Caspian 19Reeves County, TX3,893 BBLs76,053 MCFNov 2025
Legacy 2623Reeves County, TX39,913 BBLs75,582 MCFNov 2025
LegearReeves County, TX2,149 BBLs4,130 MCFNov 2025
Rogers 6Reeves County, TX4,160 BBLs28,720 MCFNov 2025
State Azteca 15-3 AReeves County, TX1,394 BBLs11,303 MCFNov 2025
State Eiland 1Reeves County, TX110,160 BBLs152,951 MCFNov 2025
State Lokai UnitWard County, TX9,035 BBLs37,079 MCFNov 2025
State Oberlander 15-4 AReeves County, TX1,125 BBLs12,228 MCFNov 2025
State Red ShinerReeves County, TX669 BBLs525 MCFOct 2025
State Shire 72-18Reeves County, TX4,306 BBLs56,005 MCFNov 2025
State T-Rex 2610a-7Reeves County, TX4,560 BBLs6,194 MCFNov 2025
Strain C. HReeves County, TX3,232 BBLs4,991 MCFNov 2025
Trees J. C. EstateReeves County, TX119 BBLs7,745 MCFNov 2025
Walkaloosa 5Reeves County, TX14,272 BBLs47,507 MCFNov 2025
Walking O C3-28Reeves County, TX1,524 BBLs9,118 MCFNov 2025
Whiskey River 0927Reeves County, TX11,643 BBLs38,200 MCFNov 2025

Companies in the Area

These are the closest 20 companies operating near the Ligon State Unit 7-22 property.

Company Name
Abraxas Petroleum Corporation
Arco Oil & Gas Company
Arco Permian
Atapco
Caird Operating, LLC
Chevron Midcontinent, L.P.
Chevron USA Inc
Continental Resources, Inc.
Diamondback E&P LLC
Finley Resources Inc
Graham, Bill J. Oil & Gas Corp.
Jagged Peak Energy LLC
Jetta Operating Company, Inc.
Marathon Oil Company
MBX Operating LLC
Mobil Producing TX. & N.M. Inc.
Permian Resources Operating, LLC
Tema Oil And Gas Company
TS Oil, LLC
XTO Energy Inc.

Frac'ing activity on Ligon State Unit 7-22

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-33521Ligon Ranch State 22 #3
42-389-34872LIGON STATE UNIT 7-22 1H
42-389-35532Ligon State Unit 7-22-4301H
42-389-35696Ligon State Unit 7-22 3813H
42-389-35702Ligon State Unit 7-22 4313H

Owners of Ligon State Unit 7-22

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CONTINENTAL RESOURCES INCLIGON STATE UNIT 7-22CONTINENTAL RE
2025EXEMPT-STATE OF TEXASLIGON STATE UNIT 7-22CONTINENTAL RE
2025CONTINENTAL RESOURCES INCLIGON STATE UNIT 7-22CONTINENTAL RE
2025SITIO PERMIAN LPLIGON STATE UNIT 7-22CONTINENTAL RE
2025VIPER ENERGY PARTNERS LLCLIGON STATE UNIT 7-22CONTINENTAL RE
2025C & H PARTNERSLIGON STATE UNIT 7-22CONTINENTAL RE
2025HUNTER CHESTER FAM TRLIGON STATE UNIT 7-22CONTINENTAL RE
2025HUNTER CHESTER FAM TRLIGON STATE UNIT 7-22CONTINENTAL RE
Displaying 8 of 16 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 7-22Dec 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Sep 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Aug 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jul 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jun 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jun 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jun 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.