Orbit 51-7-21-16

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Orbit 51-7-21-16 Oil & Gas Property

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Property Summary

Key data points for Orbit 51-7-21-16

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesAug 2023 - Jun 2026
Total Oil Production2,732,338 BBLs
Total Gas Production7,073,593 MCF
Recent Oil Production27,062 BBLs in May 2026
Recent Gas Production132,161 MCF in May 2026
Wells on Property7

Our Valuation Estimates for Orbit 51-7-21-16

ShaleAssessment™

Not Available

MarketMultiple™

$4,769,112 **

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

Based on a decimal interest

Orbit 51-7-21-16 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Orbit 51-7-21-16
from Aug 2023 to Jun 2026

Wells on Orbit 51-7-21-16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-40456ORBIT 51-7-21-16 A 81HPermian Resources Operating, LLCProducingReeves County, TX31.245692-103.436955
42-389-40457ORBIT 51-7-21-16 B 12HPermian Resources Operating, LLCProducingReeves County, TX31.245692-103.436858
42-389-40458ORBIT 51-7-21-16 C 83HPermian Resources Operating, LLCProducingReeves County, TX31.245706-103.432158
42-389-40459ORBIT 51-7-21-16 D 14HPermian Resources Operating, LLCProducingReeves County, TX31.245709-103.432063
42-389-40460ORBIT 51-7-21-16 E 85HPermian Resources Operating, LLCProducingReeves County, TX31.245717-103.428888
42-389-40461ORBIT 51-7-21-16 F 16HPermian Resources Operating, LLCProducingReeves County, TX31.245720-103.428791
42-389-40462ORBIT 51-7-21-16 G 87HPermian Resources Operating, LLCProducingReeves County, TX31.245720-103.428694

Leases included in Orbit 51-7-21-16

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-60025ORBIT 51-7-21-16 BPermian Resources Operating, LLCReeves County, TX
08-60063ORBIT 51-7-21-16 APermian Resources Operating, LLCReeves County, TX
08-60064ORBIT 51-7-21-16 DPermian Resources Operating, LLCReeves County, TX
08-60066ORBIT 51-7-21-16 GPermian Resources Operating, LLCReeves County, TX
08-60068ORBIT 51-7-21-16 FPermian Resources Operating, LLCReeves County, TX
08-60104ORBIT 51-7-21-16 EPermian Resources Operating, LLCReeves County, TX
08-60124ORBIT 51-7-21-16 CPermian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Orbit 51-7-21-16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alyx State 22Reeves County, TX423 BBLs1,259 MCFJun 2026
Astro State 51-7-22-15Reeves County, TX20,916 BBLs82,131 MCFJun 2026
Bear Claw State 29-28 UnitReeves County, TX7,712 BBLs33,552 MCFJun 2026
Carter 26Reeves County, TX435 BBLs409 MCFJun 2026
Chapman StateReeves County, TX6,215 BBLs22,183 MCFJun 2026
Chevron MineralsReeves County, TX801 BBLs21 MCFJun 2026
CooperReeves County, TX535 BBLs0 MCFJun 2026
Governator UnitReeves County, TX1,709 BBLs8,660 MCFJun 2026
Jordan 51-16Reeves County, TX263 BBLs1 MCFJun 2026
Leigh State 40Reeves County, TX433 BBLs1 MCFJun 2026
LydaReeves County, TX3,896 BBLs13,175 MCFJun 2026
McCullough 35-38Reeves County, TX4,120 BBLs7,422 MCFJun 2026
Rialto 23Reeves County, TX324 BBLs0 MCFJun 2026
South Williams 10-51Reeves County, TX1,222 BBLs1,397 MCFJun 2026
Thissie State 19Reeves County, TX233,829 BBLs520,496 MCFJun 2026
ToyahReeves County, TX165 BBLs1,226 MCFJun 2026
Toyah 4-9 Pilot UnitReeves County, TX5,407 BBLs14,192 MCFJun 2026
Walker State 28Reeves County, TX468 BBLs192 MCFJun 2026
WebsterReeves County, TX174,218 BBLs469,061 MCFJun 2026
Weinert State 34Reeves County, TX9,171 BBLs29,991 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Orbit 51-7-21-16 property.

Company Name
Apache Corporation
Atlantic Operating, Inc.
Browning Oil Company, Inc.
Callon Petroleum Operating Co
Centennial Resource Prod, LLC
Chevron USA Inc
Civitas Permian Operating, LLC
COG Operating LLC
Crescent Energy Operating, LLC
Exl Petroleum, LP
Greenlake Energy Operating, LLC
McDonnold Operating, Inc.
Noble Energy Inc
Oxy USA Inc
Oxy USA WTP LP
Par Minerals Corporation
Permian Resources Operating, LLC
Rio Oil And Gas (Permian) II,LLC
Thompson, J. Cleo
U. S. Energy Development Corporation

Frac'ing activity on Orbit 51-7-21-16

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-40456ORBIT 51-7-21-16 A 81H
42-389-40457ORBIT 51-7-21-16 B 12H
42-389-40458ORBIT 51-7-21-16 C 83H
42-389-40459ORBIT 51-7-21-16 D 14H
42-389-40460ORBIT 51-7-21-16 E 85H
42-389-40461ORBIT 51-7-21-16 F 16H
42-389-40462ORBIT 51-7-21-16 G 87H

Owners of Orbit 51-7-21-16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21 16 A 81HPERMIAN RESOUR
2026PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 E 85HPERMIAN RESOUR
2026PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 G 87HPERMIAN RESOUR
2026PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 C 83HPERMIAN RESOUR
2026PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 D 14HPERMIAN RESOUR
2026PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 F 16HPERMIAN RESOUR
2026PERMIAN RESOURCES OPERATING LLCORBIT 51-7 21-16 B 12HPERMIAN RESOUR
2026FORTIS MINERALS II LLCORBIT 51-7-21 16 A 81HPERMIAN RESOUR
Displaying 8 of 273 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Orbit 51-7-21-16

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-60066ORBIT 51-7-21-16 GJun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60063ORBIT 51-7-21-16 AJun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60124ORBIT 51-7-21-16 CJun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60025ORBIT 51-7-21-16 BJun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FJun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EJun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60064ORBIT 51-7-21-16 DJun 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60063ORBIT 51-7-21-16 AMay 2026PERMIAN RESOURCES OPERATING, LLC
08-60064ORBIT 51-7-21-16 DMay 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60063ORBIT 51-7-21-16 AMay 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60064ORBIT 51-7-21-16 DMay 2026PERMIAN RESOURCES OPERATING, LLC
08-60066ORBIT 51-7-21-16 GMay 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60066ORBIT 51-7-21-16 GMay 2026PERMIAN RESOURCES OPERATING, LLC
08-60124ORBIT 51-7-21-16 CMay 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60025ORBIT 51-7-21-16 BMay 2026PERMIAN RESOURCES OPERATING, LLC
08-60124ORBIT 51-7-21-16 CMay 2026PERMIAN RESOURCES OPERATING, LLC
08-60025ORBIT 51-7-21-16 BMay 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EMay 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EMay 2026PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FMay 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FMay 2026PERMIAN RESOURCES OPERATING, LLC
08-60066ORBIT 51-7-21-16 GApr 2026PERMIAN RESOURCES OPERATING, LLC
08-60066ORBIT 51-7-21-16 GApr 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60063ORBIT 51-7-21-16 AApr 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FApr 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC