Shelby State

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Shelby State Oil & Gas Property

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Property Summary

Key data points for Shelby State

CountyReeves County, TX
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesDec 2015 - Nov 2025
Total Oil Production1,057,209 BBLs
Total Gas Production1,910,501 MCF
Recent Oil Production1,851 BBLs in Oct 2025
Recent Gas Production3,163 MCF in Oct 2025
Wells on Property3

Our Valuation Estimates for Shelby State

ShaleAssessment™

$143,026 *

MarketMultiple™

$203,554 **

* 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 Nov 2025

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, TX32,164 BBLs51,210 MCFNov 2025
BarracudaReeves County, TX12,557 BBLs42,463 MCFNov 2025
Blake Fowler UnitReeves County, TX788 BBLs1,009 MCFNov 2025
Blue Topaz State Unit 251-252Reeves County, TX25,803 BBLs81,618 MCFNov 2025
BrooksReeves County, TX2,503 BBLs8,592 MCFNov 2025
Challenger StateReeves County, TX6,369 BBLs22,876 MCFNov 2025
Chapman StateReeves County, TX4,059 BBLs10,560 MCFNov 2025
Charger StateReeves County, TX3,037 BBLs2,450 MCFNov 2025
Chevron MineralsReeves County, TX822 BBLs198 MCFNov 2025
CollinsReeves County, TX1,672 BBLs2,058 MCFNov 2025
Collins StateReeves County, TX26,568 BBLs45,674 MCFNov 2025
FaudreeReeves County, TX2 BBLs0 MCFNov 2025
FloydReeves County, TX0 BBLs0 MCFAug 2025
GibsonReeves County, TX9,374 BBLs21,588 MCFNov 2025
Graves StateReeves County, TX56,941 BBLs112,251 MCFNov 2025
HendrickReeves County, TX0 BBLs0 MCFNov 2023
Pink 42Reeves County, TX1,019 BBLs687 MCFNov 2025
Pink FloydReeves County, TX6,011 BBLs23,404 MCFNov 2025
RoadrunnerReeves County, TX13,153 BBLs24,266 MCFNov 2025
Terrill StateReeves County, TX212 BBLs0 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Shelby State property.

Company Name
Apache Corporation
Atlantic Operating, Inc.
Browning Oil Company, Inc.
Callon Petroleum Operating Co
Centennial Resource Prod, LLC
Civitas Permian Operating, LLC
Comstock Oil & Gas, LP
Eagle Oil & Gas Co.
Exl Petroleum, LP
Greenlake Energy Operating, LLC
Noble Energy Inc
Oxy USA WTP LP
Par Minerals Corporation
Permian Resources Operating, LLC
Primexx Operating Corporation
Rosetta Resources Operating LP
Thompson, J. Cleo
U. S. Energy Development Corporation
Upcurve Energy, LLC
Williams, Clayton Energy, Inc.

Frac'ing activity on Shelby State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-34452Shelby State 1H
42-389-35312Shelby State 2H
42-389-35342Shelby State 3H

Owners of Shelby State

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PERMIAN RESOURCES OPERATING LLCSHELBY STATEPERMIAN RESOUR
2025EXEMPT-STATE OF TEXASSHELBY STATEPERMIAN RESOUR
2025GIBSON ADDISON H FOUNDATIONSHELBY STATEPERMIAN RESOUR
2025GLENVIEW ESTATES LLCSHELBY STATEPERMIAN RESOUR
2025HEINZE F GEORGE III TRUST ASHELBY STATEPERMIAN RESOUR
2025GLOBENSKY EILEEN H CUSTODYSHELBY STATEPERMIAN RESOUR
2025MAHR MINERALS LLCSHELBY STATEPERMIAN RESOUR
2025CLARK JONATHAN HSHELBY 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 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATENov 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATENov 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEOct 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEOct 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATESep 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATESep 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEAug 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEAug 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJul 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJul 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJun 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJun 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMay 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMay 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEApr 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEApr 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMar 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEMar 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEFeb 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEFeb 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJan 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJan 2025PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEDec 2024ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEDec 2024PERMIAN RESOURCES OPERATING, LLC