McCullough 35-38

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for McCullough 35-38

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesMay 2018 - Mar 2026
Total Oil Production1,902,947 BBLs
Total Gas Production3,407,736 MCF
Recent Oil Production4,589 BBLs in Feb 2026
Recent Gas Production21,097 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for McCullough 35-38

ShaleAssessment

$186,054 *

MarketMultiple

$500,064 **

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

Based on a decimal interest

McCullough 35-38 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for McCullough 35-38
from May 2018 to Mar 2026

Wells on McCullough 35-38

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-36323MCCULLOUGH 35-38-1S 13SHPermian Resources Operating, LLCProducingReeves County, TX31.230390-103.398918
42-389-36329MCCULLOUGH 35-38-2S STATE 14SHPermian Resources Operating, LLCProducingReeves County, TX31.230390-103.398788
42-389-37996MCCULLOUGH 35-38-4S STATE 84HPermian Resources Operating, LLCProducingReeves County, TX31.230287-103.392938
42-389-37997MCCULLOUGH 35-38-3S STATE 15HPermian Resources Operating, LLCProducingReeves County, TX31.230287-103.393065

Leases included in McCullough 35-38

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50705MCCULLOUGH 35-38-1SPermian Resources Operating, LLCReeves County, TX
08-50709MCCULLOUGH 35-38-2S STATEPermian Resources Operating, LLCReeves County, TX
08-52317MCCULLOUGH 35-38-3S STATEPermian Resources Operating, LLCReeves County, TX
08-52739MCCULLOUGH 35-38-4S STATEPermian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the McCullough 35-38 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Allen 39Reeves County, TX870 BBLs7,248 MCFMar 2026
Alyx State 22Reeves County, TX474 BBLs1,320 MCFMar 2026
Astro State 51-7-22-15Reeves County, TX17,057 BBLs67,974 MCFMar 2026
Bear Claw State 29-28 UnitReeves County, TX5,153 BBLs22,184 MCFMar 2026
Carter 26Reeves County, TX25 BBLs94 MCFMar 2026
Chevron Minerals 37Reeves County, TX198 BBLs320 MCFMar 2026
CooperReeves County, TX484 BBLs0 MCFMar 2026
Cooper 27-2Reeves County, TX11,642 BBLs28,120 MCFMar 2026
Gigi State 12Reeves County, TX1,959 BBLs13,205 MCFMar 2026
Hightower StateReeves County, TX1,132 BBLs3,191 MCFMar 2026
HouserReeves County, TX12,736 BBLs33,865 MCFMar 2026
J. W. McCulloughReeves County, TX833 BBLs4,761 MCFMar 2026
Janey 24-25 West State UnitReeves County, TX5,798 BBLs29,151 MCFMar 2026
Janey State 24Reeves County, TX3,220 BBLs9,995 MCFMar 2026
LydaReeves County, TX4,864 BBLs20,231 MCFMar 2026
Orbit 51-7-21-16Reeves County, TX29,962 BBLs143,460 MCFMar 2026
OrpheumReeves County, TX4,719 BBLs12,518 MCFMar 2026
Walker State 28Reeves County, TX298 BBLs229 MCFMar 2026
Weinert State 34Reeves County, TX10,066 BBLs35,127 MCFMar 2026
Yow State 38Reeves County, TX607 BBLs0 MCFMar 2026

Frac'ing activity on McCullough 35-38

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-36323MCCULLOUGH 35-38-1S STATE 13H
42-389-36329MCCULLOUGH 35-38-2S STATE 14H
42-389-37996MCCULLOUGH 35-38-4S STATE 84H
42-389-37997MCCULLOUGH 35-38-3S STATE 15H

Owners of McCullough 35-38

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PERMIAN RESOURCES OPERATING LLCMCCULLOUGH 35-38-3S STATE 15PERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCMCCULLOUGH 35-38-2S STATE 14PERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCMCCULLOUGH 35-38-4S STATE 84PERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCMCCULLOUGH 35-38-1S 13HPERMIAN RESOUR
2025YOW REBECCA F & D FIELD JRMCCULLOUGH 35-38-3S STATE 15PERMIAN RESOUR
2025EXEMPT-STATE OF TEXASMCCULLOUGH 35-38-3S STATE 15PERMIAN RESOUR
2025EXEMPT-STATE OF TEXASMCCULLOUGH 35-38-2S STATE 14PERMIAN RESOUR
2025YOW REBECCA F & D FIELD JRMCCULLOUGH 35-38-2S STATE 14PERMIAN RESOUR
Displaying 8 of 141 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on McCullough 35-38

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-50705MCCULLOUGH 35-38-1SMar 2026PERMIAN RESOURCES OPERATING, LLC
08-50705MCCULLOUGH 35-38-1SMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-50709MCCULLOUGH 35-38-2S STATEMar 2026PERMIAN RESOURCES OPERATING, LLC
08-50709MCCULLOUGH 35-38-2S STATEMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52317MCCULLOUGH 35-38-3S STATEMar 2026PERMIAN RESOURCES OPERATING, LLC
08-52317MCCULLOUGH 35-38-3S STATEMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52739MCCULLOUGH 35-38-4S STATEMar 2026PERMIAN RESOURCES OPERATING, LLC
08-52739MCCULLOUGH 35-38-4S STATEMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-50705MCCULLOUGH 35-38-1SFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-50705MCCULLOUGH 35-38-1SFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-50705MCCULLOUGH 35-38-1SFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-50709MCCULLOUGH 35-38-2S STATEFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-50709MCCULLOUGH 35-38-2S STATEFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-50709MCCULLOUGH 35-38-2S STATEFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52317MCCULLOUGH 35-38-3S STATEFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-52317MCCULLOUGH 35-38-3S STATEFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-52317MCCULLOUGH 35-38-3S STATEFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52739MCCULLOUGH 35-38-4S STATEFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-52739MCCULLOUGH 35-38-4S STATEFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-52739MCCULLOUGH 35-38-4S STATEFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-50705MCCULLOUGH 35-38-1SJan 2026PERMIAN RESOURCES OPERATING, LLC
08-50705MCCULLOUGH 35-38-1SJan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-50709MCCULLOUGH 35-38-2S STATEJan 2026PERMIAN RESOURCES OPERATING, LLC
08-50709MCCULLOUGH 35-38-2S STATEJan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-52317MCCULLOUGH 35-38-3S STATEJan 2026PERMIAN RESOURCES OPERATING, LLC