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 - Jun 2025
Total Oil Production772,236 BBLs
Total Gas Production2,843,615 MCF
Recent Oil Production2,515 BBLs in May 2025
Recent Gas Production7,953 MCF in May 2025
Wells on Property6

Our Valuation Estimates for Ligon State Unit 7-22

ShaleAssessment™

$80,921 *

MarketMultiple™

$356,085 **

* 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 Jun 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, TX25,083 BBLs142,670 MCFJun 2025
Barber W.TReeves County, TX692 BBLs3,107 MCFJun 2025
Blazer Unit 14Reeves County, TX21,284 BBLs54,255 MCFJun 2025
BodkinsReeves County, TX0 BBLs10,872 MCFJun 2025
Caspian 19Reeves County, TX4,938 BBLs70,352 MCFJun 2025
Cilantro 2524-C3Reeves County, TX937 BBLs410 MCFJun 2025
Legacy 2623Reeves County, TX26,265 BBLs47,017 MCFJun 2025
Rogers 6Reeves County, TX4,171 BBLs30,900 MCFJun 2025
State Azteca 15-3 AReeves County, TX2,824 BBLs9,838 MCFJun 2025
State Eiland 1Reeves County, TX35,382 BBLs34,182 MCFMay 2025
State Lokai UnitWard County, TX9,634 BBLs29,540 MCFJun 2025
State Oberlander 15-4 AReeves County, TX1,198 BBLs8,981 MCFJun 2025
State Red ShinerReeves County, TX692 BBLs1,597 MCFMay 2025
State Shire 72-18Reeves County, TX4,940 BBLs63,205 MCFJun 2025
State T-Rex 2610a-7Reeves County, TX3,674 BBLs4,533 MCFJun 2025
Strain C. HReeves County, TX3,276 BBLs4,880 MCFJun 2025
Trees J. C. EstateReeves County, TX40 BBLs4,654 MCFJun 2025
Walkaloosa 5Reeves County, TX15,716 BBLs48,481 MCFJun 2025
Walking O C3-28Reeves County, TX2,175 BBLs11,136 MCFJun 2025
Whiskey River 0927Reeves County, TX12,202 BBLs45,597 MCFJun 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
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
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 7-22Apr 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Apr 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Mar 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Mar 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Mar 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Mar 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Feb 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2025PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2025CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Jan 2025CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2024CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2024CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2024CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Dec 2024PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2024PLAINS MARKETING, L.P.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2024CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2024CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Nov 2024CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2024CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2024CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.
08-47267LIGON STATE UNIT 7-22Oct 2024CONTINENTAL RESOURCES, INC.CONTINENTAL RESOURCES, INC.