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

Map of Wells Full Screen Map 3-D Map

Property Summary

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

County,
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesAug 2023 - Feb 2025
Total Oil Production2,134,678 BBLs
Total Gas Production4,595,694 MCF
Recent Oil Production42,064 BBLs in Jan 2025
Recent Gas Production141,191 MCF in Jan 2025
Wells on Property7

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

ShaleAssessment™

Not Available

MarketMultiple™

$7,421,847 **

* 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
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to oil and gas production for Orbit 51-7-21-16
from Aug 2023 to Feb 2025

Wells on Orbit 51-7-21-16

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

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, TX134 BBLs37 MCFFeb 2025
Astro State 51-7-22-15Reeves County, TX25,687 BBLs70,840 MCFFeb 2025
Bear Claw State 29-28 UnitReeves County, TX1,082 BBLs327 MCFFeb 2025
Carter 26Reeves County, TX0 BBLs0 MCFFeb 2025
Chapman StateReeves County, TX5,921 BBLs6,563 MCFFeb 2025
Chevron MineralsReeves County, TX361 BBLs378 MCFFeb 2025
CooperReeves County, TX358 BBLs220 MCFFeb 2025
Governator UnitReeves County, TX3,304 BBLs17,258 MCFFeb 2025
Graves StateReeves County, TX106 BBLs643 MCFFeb 2025
Hasta La VIsta UnitReeves County, TX2,457 BBLs8,932 MCFFeb 2025
Jordan 51-16Reeves County, TX530 BBLs647 MCFFeb 2025
LydaReeves County, TX3,972 BBLs7,073 MCFFeb 2025
McCullough 35-38Reeves County, TX7,938 BBLs9,229 MCFFeb 2025
Rialto 23Reeves County, TX356 BBLs0 MCFFeb 2025
South Williams 10-51Reeves County, TX436 BBLs517 MCFFeb 2025
ToyahReeves County, TX313 BBLs286 MCFFeb 2025
Toyah 4-9 Pilot UnitReeves County, TX7,084 BBLs18,263 MCFFeb 2025
Walker State 28Reeves County, TX544 BBLs189 MCFFeb 2025
WebsterReeves County, TX1 BBLs31 MCFFeb 2025
Weinert State 34Reeves County, TX12,114 BBLs37,733 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Orbit 51-7-21-16 property.

Company Name

Owners of Orbit 51-7-21-16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OXY USA WTP LPORBIT 51-7-21 16 A 81HOXY USA WTP LP
2024OXY USA WTP LPORBIT 51-7-21-16 G 87HOXY USA WTP LP
2024OXY USA WTP LPORBIT 51-7-21-16 E 85HOXY USA WTP LP
2024OXY USA WTP LPORBIT 51-7-21-16 C 83HOXY USA WTP LP
2024OXY USA WTP LPORBIT 51-7-21-16 D 14HOXY USA WTP LP
2024OXY USA WTP LPORBIT 51-7-21-16 F 16HOXY USA WTP LP
2024OXY USA WTP LPORBIT 51-7 21-16 B 12HOXY USA WTP LP
2024FORTIS MINERALS II LLCORBIT 51-7-21 16 A 81HOXY USA WTP LP
Displaying 8 of 91 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
08-60064ORBIT 51-7-21-16 DOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60066ORBIT 51-7-21-16 GOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60063ORBIT 51-7-21-16 AOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60104ORBIT 51-7-21-16 EOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60025ORBIT 51-7-21-16 BOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60124ORBIT 51-7-21-16 COct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60068ORBIT 51-7-21-16 FOct 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60104ORBIT 51-7-21-16 ESep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-60104ORBIT 51-7-21-16 ESep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60104ORBIT 51-7-21-16 ESep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60063ORBIT 51-7-21-16 ASep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60063ORBIT 51-7-21-16 ASep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60063ORBIT 51-7-21-16 ASep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-60063ORBIT 51-7-21-16 ASep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-60068ORBIT 51-7-21-16 FSep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-60068ORBIT 51-7-21-16 FSep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-60104ORBIT 51-7-21-16 ESep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-60068ORBIT 51-7-21-16 FSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60025ORBIT 51-7-21-16 BSep 2024ETC TEXAS PIPELINE, LTD.OXY USA WTP LP
08-60025ORBIT 51-7-21-16 BSep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-60025ORBIT 51-7-21-16 BSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60025ORBIT 51-7-21-16 BSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60068ORBIT 51-7-21-16 FSep 2024OCCIDENTAL ENERGY MARKETING, INC.OXY USA WTP LP
08-60124ORBIT 51-7-21-16 CSep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP
08-60064ORBIT 51-7-21-16 DSep 2024VAQUERO GAS COMPANY INCORPORATEDOXY USA WTP LP