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 - Apr 2026
Total Oil Production2,683,155 BBLs
Total Gas Production6,816,386 MCF
Recent Oil Production31,989 BBLs in Mar 2026
Recent Gas Production141,545 MCF in Mar 2026
Wells on Property7

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

ShaleAssessment™

Not Available

MarketMultiple™

$4,617,898 **

* 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 Apr 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, TX492 BBLs1,433 MCFApr 2026
Astro State 51-7-22-15Reeves County, TX20,274 BBLs68,021 MCFApr 2026
Bear Claw State 29-28 UnitReeves County, TX7,122 BBLs31,181 MCFApr 2026
Carter 26Reeves County, TX132 BBLs132 MCFApr 2026
Chapman StateReeves County, TX6,297 BBLs30,192 MCFApr 2026
Chevron MineralsReeves County, TX1,049 BBLs0 MCFApr 2026
CooperReeves County, TX258 BBLs0 MCFApr 2026
Governator UnitReeves County, TX2,259 BBLs12,121 MCFApr 2026
Jordan 51-16Reeves County, TX440 BBLs34 MCFApr 2026
Leigh State 40Reeves County, TX425 BBLs273 MCFApr 2026
LydaReeves County, TX4,756 BBLs18,633 MCFApr 2026
McCullough 35-38Reeves County, TX4,469 BBLs10,025 MCFApr 2026
Rialto 23Reeves County, TX495 BBLs0 MCFApr 2026
South Williams 10-51Reeves County, TX755 BBLs871 MCFApr 2026
Thissie State 19Reeves County, TX262,927 BBLs479,946 MCFApr 2026
ToyahReeves County, TX92 BBLs879 MCFApr 2026
Toyah 4-9 Pilot UnitReeves County, TX6,490 BBLs20,817 MCFApr 2026
Walker State 28Reeves County, TX426 BBLs113 MCFApr 2026
WebsterReeves County, TX251,520 BBLs518,942 MCFApr 2026
Weinert State 34Reeves County, TX11,014 BBLs25,611 MCFApr 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
2025PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21 16 A 81HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 C 83HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 G 87HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 E 85HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 F 16HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCORBIT 51-7-21-16 D 14HPERMIAN RESOUR
2025PERMIAN RESOURCES OPERATING LLCORBIT 51-7 21-16 B 12HPERMIAN RESOUR
2025FORTIS 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
08-60064ORBIT 51-7-21-16 DMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60124ORBIT 51-7-21-16 CMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60063ORBIT 51-7-21-16 AMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60025ORBIT 51-7-21-16 BMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60066ORBIT 51-7-21-16 GMar 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-60066ORBIT 51-7-21-16 GFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60063ORBIT 51-7-21-16 AFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-60063ORBIT 51-7-21-16 AFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60025ORBIT 51-7-21-16 BFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60025ORBIT 51-7-21-16 BFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-60064ORBIT 51-7-21-16 DFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60066ORBIT 51-7-21-16 GFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-60064ORBIT 51-7-21-16 DFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-60124ORBIT 51-7-21-16 CFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-60124ORBIT 51-7-21-16 CFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EFeb 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60068ORBIT 51-7-21-16 FJan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EJan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC
08-60104ORBIT 51-7-21-16 EJan 2026PERMIAN RESOURCES OPERATING, LLC
08-60064ORBIT 51-7-21-16 DJan 2026OCCIDENTAL ENERGY MARKETING, INC.PERMIAN RESOURCES OPERATING, LLC