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 - Mar 2026
Total Oil Production796,411 BBLs
Total Gas Production2,925,048 MCF
Recent Oil Production1,700 BBLs in Feb 2026
Recent Gas Production6,196 MCF in Feb 2026
Wells on Property6

Our Valuation Estimates for Ligon State Unit 7-22

ShaleAssessment™

$68,903 *

MarketMultiple™

$336,102 **

* 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 Mar 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, TX16,101 BBLs105,794 MCFMar 2026
Barber W.TReeves County, TX447 BBLs2,006 MCFMar 2026
Blazer Unit 14Reeves County, TX14,362 BBLs43,428 MCFMar 2026
BodkinsReeves County, TX0 BBLs23,227 MCFMar 2026
Caspian 19Reeves County, TX3,269 BBLs65,448 MCFMar 2026
Legacy 2623Reeves County, TX20,088 BBLs31,218 MCFMar 2026
LegearReeves County, TX1,377 BBLs2,927 MCFMar 2026
Rogers 6Reeves County, TX3,110 BBLs26,365 MCFMar 2026
State Azteca 15-3 AReeves County, TX1,493 BBLs13,015 MCFMar 2026
State Eiland 1Reeves County, TX79,680 BBLs129,252 MCFMar 2026
State Lokai UnitWard County, TX9,074 BBLs28,555 MCFMar 2026
State Oberlander 15-4 AReeves County, TX1,541 BBLs12,916 MCFMar 2026
State Red ShinerReeves County, TX907 BBLs188 MCFMar 2026
State Shire 72-18Reeves County, TX3,644 BBLs51,892 MCFMar 2026
State T-Rex 2610a-7Reeves County, TX2,797 BBLs3,678 MCFMar 2026
Strain C. HReeves County, TX2,688 BBLs4,230 MCFMar 2026
Trees J. C. EstateReeves County, TX270 BBLs7,199 MCFMar 2026
Walkaloosa 5Reeves County, TX13,035 BBLs50,581 MCFMar 2026
Walking O C3-28Reeves County, TX1,527 BBLs3,087 MCFMar 2026
Whiskey River 0927Reeves County, TX8,892 BBLs25,183 MCFMar 2026

Companies in the Area

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

Company Name
Arco Oil & Gas Company
Arco Permian
Atapco
Caird Operating, LLC
Chevron Midcontinent, L.P.
Chevron USA Inc
Continental Resources, Inc.
Diamondback E&P LLC
Eliteenergyholdings 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 7-22Mar 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.