Shelby State

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Shelby State

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesDec 2015 - Jan 2024
Total Oil Production1,001,717 BBLs
Total Gas Production1,826,505 MCF
Recent Oil Production3,744 BBLs in Dec 2023
Recent Gas Production5,000 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for Shelby State

ShaleAssessment

$241,525 *

MarketMultiple

$476,427 **

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

Based on a decimal interest

Shelby State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Shelby State
from Dec 2015 to Jan 2024

Wells on Shelby State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-34452SHELBY STATE 1HPermian Resources Operating, LLCProducingReeves County, TX31.213302-103.487137
42-389-35312SHELBY STATE 2HPermian Resources Operating, LLCProducingReeves County, TX31.213502-103.488854
42-389-35342SHELBY STATE 3HPermian Resources Operating, LLCProducingReeves County, TX31.213485-103.488761

Leases included in Shelby State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-48633SHELBY STATEPermian Resources Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Shelby State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bad Brains StateReeves County, TX102,637 BBLs166,181 MCFJan 2024
BarracudaReeves County, TX24,261 BBLs73,598 MCFJan 2024
Black Flag State Unit 253-254Reeves County, TX15,100 BBLs61,481 MCFJan 2024
Blake Fowler UnitReeves County, TX1,712 BBLs1,813 MCFJan 2024
Blue Topaz State Unit 251-252Reeves County, TX61,740 BBLs194,934 MCFJan 2024
BrooksReeves County, TX2,022 BBLs6,240 MCFJan 2024
Challenger StateReeves County, TX9,061 BBLs18,373 MCFJan 2024
Charger StateReeves County, TX3,182 BBLs7,763 MCFJan 2024
Chevron MineralsReeves County, TX576 BBLs862 MCFJan 2024
CollinsReeves County, TX2,698 BBLs5,021 MCFJan 2024
FaudreeReeves County, TX11 BBLs20 MCFJan 2024
FloydReeves County, TX571 BBLs794 MCFJan 2024
GibsonReeves County, TX2,301 BBLs6,894 MCFJan 2024
Graves StateReeves County, TX14,531 BBLs41,780 MCFJan 2024
HendrickReeves County, TX0 BBLs0 MCFNov 2023
Pink 42Reeves County, TX1,862 BBLs2,225 MCFJan 2024
Pink FloydReeves County, TX12,423 BBLs32,766 MCFJan 2024
RamonesReeves County, TX6,886 BBLs11,907 MCFJan 2024
RoadrunnerReeves County, TX4,871 BBLs16,177 MCFJan 2024
Terrill StateReeves County, TX129 BBLs0 MCFJan 2024

Owners of Shelby State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PERMIAN RESOURCES OPERATING LLCSHELBY STATEPERMIAN RESOUR
2023EXEMPT-STATE OF TEXASSHELBY STATEPERMIAN RESOUR
2023GIBSON ADDISON H FOUNDATIONSHELBY STATEPERMIAN RESOUR
2023GLENVIEW ESTATES LLCSHELBY STATEPERMIAN RESOUR
2023HEINZE F GEORGE III TR ASHELBY STATEPERMIAN RESOUR
2023GLOBENSKY EILEEN H CUSTODYSHELBY STATEPERMIAN RESOUR
2023MAHR MINERALS LLCSHELBY STATEPERMIAN RESOUR
2023CLARK JONATHANSHELBY STATEPERMIAN RESOUR
Displaying 8 of 13 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Shelby State

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-48633SHELBY STATEDec 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEDec 2023ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATENov 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATENov 2023ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATENov 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEOct 2023ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEOct 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATESep 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATESep 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEAug 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEAug 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJul 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJul 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJun 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJun 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMay 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMay 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEApr 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEApr 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMar 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMar 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEFeb 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEFeb 2023PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJan 2023BP PRODUCTS NORTH AMERICA INC.PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJan 2023PERMIAN RESOURCES OPERATING, LLC