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 - May 2026
Total Oil Production800,765 BBLs
Total Gas Production2,944,159 MCF
Recent Oil Production1,874 BBLs in Apr 2026
Recent Gas Production9,207 MCF in Apr 2026
Wells on Property6

Our Valuation Estimates for Ligon State Unit 7-22

ShaleAssessment™

$67,152 *

MarketMultiple™

$311,142 **

* 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 May 2026

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, TX15,807 BBLs123,381 MCFMay 2026
Barber W.TReeves County, TX443 BBLs2,314 MCFMay 2026
Blazer Unit 14Reeves County, TX14,518 BBLs37,928 MCFMay 2026
BodkinsReeves County, TX0 BBLs8,269 MCFMay 2026
Caspian 19Reeves County, TX3,167 BBLs68,693 MCFMay 2026
Legacy 2623Reeves County, TX32,114 BBLs64,450 MCFMay 2026
LegearReeves County, TX518 BBLs496 MCFApr 2026
Rogers 6Reeves County, TX4,058 BBLs32,084 MCFMay 2026
State Azteca 15-3 AReeves County, TX1,741 BBLs16,932 MCFMay 2026
State Eiland 1Reeves County, TX85,761 BBLs146,714 MCFMay 2026
State Lokai UnitWard County, TX8,876 BBLs29,941 MCFMay 2026
State Oberlander 15-4 AReeves County, TX2,453 BBLs9,699 MCFMay 2026
State Red ShinerReeves County, TX408 BBLs64 MCFMay 2026
State Shire 72-18Reeves County, TX3,817 BBLs52,949 MCFMay 2026
State T-Rex 2610a-7Reeves County, TX4,695 BBLs6,764 MCFMay 2026
Strain C. HReeves County, TX2,758 BBLs4,749 MCFMay 2026
Trees J. C. EstateReeves County, TX108 BBLs5,126 MCFMay 2026
Walkaloosa 5Reeves County, TX11,540 BBLs40,274 MCFMay 2026
Walking O C3-28Reeves County, TX1,625 BBLs7,727 MCFMay 2026
Whiskey River 0927Reeves County, TX8,630 BBLs31,450 MCFMay 2026

Companies in the Area

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

Company Name
Abraxas Petroleum Corporation
Atapco
Caird Operating, LLC
Chevron Midcontinent, L.P.
Chevron USA Inc
Continental Resources, Inc.
Diamondback E&P LLC
Eliteenergyholdings LLC
Extex Operating Company
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 7-22Mar 2026PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Mar 2026CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2026PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2026CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2026CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2026CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2026CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2026CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2026CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2026PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2025PLAINS MARKETING, L.P.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 2025CONTINENTAL 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.