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 - Apr 2026
Total Oil Production1,060,973 BBLs
Total Gas Production1,917,277 MCF
Recent Oil Production758 BBLs in Mar 2026
Recent Gas Production1,144 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Shelby State

ShaleAssessment

$133,155 *

MarketMultiple

$135,536 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Shelby State
from Dec 2015 to Apr 2026

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, TX25,692 BBLs39,767 MCFApr 2026
BarracudaReeves County, TX10,453 BBLs33,648 MCFApr 2026
Blake Fowler UnitReeves County, TX1,311 BBLs1,063 MCFApr 2026
Blue Topaz State Unit 251-252Reeves County, TX19,107 BBLs58,315 MCFApr 2026
BrooksReeves County, TX1,987 BBLs6,046 MCFApr 2026
Challenger StateReeves County, TX1,319 BBLs3,826 MCFApr 2026
Chapman StateReeves County, TX6,297 BBLs30,192 MCFApr 2026
Charger StateReeves County, TX2,459 BBLs2,875 MCFApr 2026
Chevron MineralsReeves County, TX1,049 BBLs0 MCFApr 2026
CollinsReeves County, TX1,620 BBLs1,973 MCFApr 2026
Collins StateReeves County, TX18,345 BBLs37,218 MCFApr 2026
FaudreeReeves County, TX3 BBLs0 MCFApr 2026
FloydReeves County, TX3 BBLs0 MCFApr 2026
GibsonReeves County, TX9,252 BBLs22,568 MCFApr 2026
Graves StateReeves County, TX36,975 BBLs135,461 MCFApr 2026
HendrickReeves County, TX0 BBLs0 MCFNov 2023
Pink 42Reeves County, TX1,159 BBLs1,663 MCFApr 2026
Pink FloydReeves County, TX5,195 BBLs12,836 MCFApr 2026
RoadrunnerReeves County, TX12,548 BBLs24,866 MCFApr 2026
Terrill StateReeves County, TX100 BBLs0 MCFApr 2026

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 STATEMar 2026ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEFeb 2026ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEFeb 2026PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJan 2026ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEJan 2026PERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEDec 2025ENTERPRISE CRUDE OIL LLCPERMIAN RESOURCES OPERATING, LLC
08-48633SHELBY STATEDec 2025PERMIAN 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