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 - Jan 2025
Total Oil Production2,105,612 BBLs
Total Gas Production4,483,588 MCF
Recent Oil Production44,894 BBLs in Dec 2024
Recent Gas Production147,406 MCF in Dec 2024
Wells on Property7

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

ShaleAssessment™

Not Available

MarketMultiple™

$8,194,483 **

* 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 Jan 2025

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, TX0 BBLs12 MCFJan 2025
Astro State 51-7-22-15Reeves County, TX27,471 BBLs69,309 MCFJan 2025
Bear Claw State 29-28 UnitReeves County, TX11,321 BBLs66,355 MCFJan 2025
Carter 26Reeves County, TX0 BBLs0 MCFNov 2024
Chapman StateReeves County, TX7,462 BBLs21,390 MCFJan 2025
Chevron MineralsReeves County, TX0 BBLs213 MCFJan 2025
CooperReeves County, TX250 BBLs412 MCFJan 2025
Governator UnitReeves County, TX3,739 BBLs14,657 MCFJan 2025
Graves StateReeves County, TX11,257 BBLs22,093 MCFJan 2025
Jordan 51-16Reeves County, TX180 BBLs386 MCFJan 2025
Leigh State 40Reeves County, TX400 BBLs183 MCFJan 2025
LydaReeves County, TX4,237 BBLs18,395 MCFJan 2025
McCullough 35-38Reeves County, TX6,750 BBLs14,094 MCFJan 2025
Rialto 23Reeves County, TX1,262 BBLs0 MCFJan 2025
South Williams 10-51Reeves County, TX1,669 BBLs2,318 MCFJan 2025
ToyahReeves County, TX156 BBLs167 MCFJan 2025
Toyah 4-9 Pilot UnitReeves County, TX4,509 BBLs11,685 MCFJan 2025
Walker State 28Reeves County, TX0 BBLs399 MCFJan 2025
WebsterReeves County, TX0 BBLs0 MCFJan 2025
Weinert State 34Reeves County, TX13,199 BBLs41,404 MCFJan 2025

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
Exl Petroleum, LP
McDonnold Operating, Inc.
Noble Energy Inc
Oxy USA Inc
Oxy USA WTP LP
Par Minerals Corporation
Permian Resources Operating, LLC
Primexx Operating Corporation
Rio Oil And Gas (Permian) II,LLC
Thompson, J. Cleo
Vital Energy, Inc.
Williams, Clayton Energy, Inc.

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
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