Longway 16 Unit

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Longway 16 Unit Oil & Gas Property

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Property Summary

Key data points for Longway 16 Unit

County,
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesOct 2021 - Feb 2025
Total Oil Production1,160,996 BBLs
Total Gas Production6,685,158 MCF
Recent Oil Production9,724 BBLs in Jan 2025
Recent Gas Production104,761 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for Longway 16 Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,804,455 **

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

Based on a decimal interest

Longway 16 Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Longway 16 Unit
from Oct 2021 to Feb 2025

Wells on Longway 16 Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in Longway 16 Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-292737LONGWAY 16 UNIT 131HPermian Resources Operating, LLCReeves County, TX
08-292745LONGWAY 16 UNIT 232HPermian Resources Operating, LLCReeves County, TX
08-292747LONGWAY 16 UNIT 132HPermian Resources Operating, LLCReeves County, TX
08-292777LONGWAY 16 UNIT 331HPermian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Longway 16 Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abaco State Deep UnitReeves County, TX7,244 BBLs28,357 MCFFeb 2025
Abaco State Shallow Unit 13Reeves County, TX26,782 BBLs91,956 MCFFeb 2025
Aruba State 15-14 UnitReeves County, TX12,356 BBLs61,319 MCFFeb 2025
Bronze 6-15Reeves County, TX1,296 BBLs8,309 MCFFeb 2025
Chevy 17Reeves County, TX336 BBLs1,583 MCFFeb 2025
Choctaw 1-21Reeves County, TX4,268 BBLs38,160 MCFFeb 2025
Curacao 18 UnitReeves County, TX12,599 BBLs61,146 MCFFeb 2025
Deacon Jim 16Reeves County, TX0 BBLs0 MCFAug 2021
Haflinger 20Reeves County, TX13,540 BBLs11,486 MCFFeb 2025
Hoefs Bertha EtalReeves County, TX0 BBLs248 MCFFeb 2025
John Phillip Long State 18-19Reeves County, TX10,351 BBLs61,335 MCFFeb 2025
Nickel 6-13Reeves County, TX315 BBLs1,965 MCFFeb 2025
Nokota 19 DodtReeves County, TX12,954 BBLs35,788 MCFFeb 2025
Percheron 46-45Reeves County, TX8,830 BBLs104,837 MCFFeb 2025
SamsReeves County, TX197 BBLs1,263 MCFFeb 2025
St. Lucia 17 UnitReeves County, TX16,649 BBLs135,488 MCFFeb 2025
State Norman 45-46Reeves County, TX7,672 BBLs52,708 MCFFeb 2025
State Pampa 15-14Reeves County, TX4,391 BBLs26,294 MCFFeb 2025
WorshamReeves County, TX22,725 BBLs43,921 MCFFeb 2025
WorshamReeves County, TX1,790 BBLs9,605 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Longway 16 Unit property.

Company Name

Owners of Longway 16 Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PERMIAN RESOURCES OPERATING LLCLONGWAY 16 UNIT #131HPERMIAN RESOUR
2024PERMIAN RESOURCES OPERATING LLCLONGWAY 16 UNIT #331HPERMIAN RESOUR
2024PERMIAN RESOURCES OPERATING LLCLONGWAY 16 UNIT #132HPERMIAN RESOUR
2024PERMIAN RESOURCES OPERATING LLCLONGWAY 16 UNIT #232HPERMIAN RESOUR
2024PERMIAN RESOURCES OPERATING LLCLONGWAY 16 UNIT #131HPERMIAN RESOUR
2024MOORE BURROW LTDLONGWAY 16 UNIT #131HPERMIAN RESOUR
2024WORSHAM FAMILY LTD PARTNERSHIPLONGWAY 16 UNIT #131HPERMIAN RESOUR
2024PERMIAN RESOURCES OPERATING LLCLONGWAY 16 UNIT #331HPERMIAN RESOUR
Displaying 8 of 120 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Longway 16 Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-292745LONGWAY 16 UNIT 232HOct 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292777LONGWAY 16 UNIT 331HOct 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292747LONGWAY 16 UNIT 132HOct 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292737LONGWAY 16 UNIT 131HOct 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292747LONGWAY 16 UNIT 132HSep 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292747LONGWAY 16 UNIT 132HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292747LONGWAY 16 UNIT 132HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292737LONGWAY 16 UNIT 131HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292737LONGWAY 16 UNIT 131HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292745LONGWAY 16 UNIT 232HSep 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292737LONGWAY 16 UNIT 131HSep 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292777LONGWAY 16 UNIT 331HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292777LONGWAY 16 UNIT 331HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292777LONGWAY 16 UNIT 331HSep 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292745LONGWAY 16 UNIT 232HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292745LONGWAY 16 UNIT 232HSep 2024PERMIAN RESOURCES OPERATING, LLC
08-292745LONGWAY 16 UNIT 232HAug 2024PERMIAN RESOURCES OPERATING, LLC
08-292745LONGWAY 16 UNIT 232HAug 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292737LONGWAY 16 UNIT 131HAug 2024PERMIAN RESOURCES OPERATING, LLC
08-292737LONGWAY 16 UNIT 131HAug 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES MANAGEMENT, LLC
08-292745LONGWAY 16 UNIT 232HAug 2024PERMIAN RESOURCES OPERATING, LLC
08-292777LONGWAY 16 UNIT 331HAug 2024PERMIAN RESOURCES OPERATING, LLC
08-292737LONGWAY 16 UNIT 131HAug 2024PERMIAN RESOURCES OPERATING, LLC
08-292777LONGWAY 16 UNIT 331HAug 2024PERMIAN RESOURCES OPERATING, LLC
08-292747LONGWAY 16 UNIT 132HAug 2024PERMIAN RESOURCES OPERATING, LLC