Speedway 1-2

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Speedway 1-2 Oil & Gas Property

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Property Summary

Key data points for Speedway 1-2

CountyReeves County, TX
OperatorVTX ENERGY OPERATING, LLC
Production DatesFeb 2025 - May 2025
Total Oil Production66,013 BBLs
Total Gas Production68,159 MCF
Recent Oil Production21,671 BBLs in Apr 2025
Recent Gas Production18,769 MCF in Apr 2025
Wells on Property6

Our Valuation Estimates for Speedway 1-2

ShaleAssessment™

Not Available

MarketMultiple™

$1,531,725 **

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

Based on a decimal interest

Speedway 1-2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Speedway 1-2
from Feb 2025 to May 2025

Wells on Speedway 1-2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-41158SPEEDWAY 1-2 64HVTX Energy Operating, LLCProducingReeves County, TX31.248150-103.269290
42-389-41159SPEEDWAY 1-2 61HVTX Energy Operating, LLCProducingReeves County, TX31.255322-103.269690
42-389-41160SPEEDWAY 1-2 32HVTX Energy Operating, LLCProducingReeves County, TX31.248232-103.269291
42-389-41161SPEEDWAY 1-2 31HVTX Energy Operating, LLCProducingReeves County, TX31.255240-103.269689
42-389-41162SPEEDWAY 1-2 62HVTX Energy Operating, LLCProducingReeves County, TX31.255157-103.269689
42-389-41163SPEEDWAY 1-2 63HVTX Energy Operating, LLCHorizontal Well Surface LocatioReeves County, TX31.248315-103.269291

Leases included in Speedway 1-2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-63166SPEEDWAY 1-2VTX Energy Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Speedway 1-2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bongo 13Reeves County, TX155 BBLs2 MCFMay 2025
Brickyard Unit 12eReeves County, TX26,586 BBLs61,865 MCFMay 2025
BushbuckReeves County, TX73,384 BBLs109,583 MCFMay 2025
Cape Buffalo 1Reeves County, TX16,459 BBLs32,535 MCFMay 2025
Cheetah 11Reeves County, TX633 BBLs590 MCFMay 2025
Daytona Unit 1Reeves County, TX7,527 BBLs10,766 MCFMay 2025
Eland State 14Reeves County, TX0 BBLs0 MCFJan 2025
Elephant 3Reeves County, TX1,327 BBLs1,533 MCFMay 2025
Gazelle 23Reeves County, TX876 BBLs593 MCFMay 2025
Hartebeest 12Reeves County, TX142 BBLs300 MCFMay 2025
Indy 12Reeves County, TX7,001 BBLs21,092 MCFMay 2025
Lion StateReeves County, TX1,464 BBLs1,601 MCFApr 2025
North Bristol Unit 1eReeves County, TX21,482 BBLs58,318 MCFMay 2025
Oryx 13Reeves County, TX445 BBLs126 MCFMay 2025
Oryx Roan StateReeves County, TX46,121 BBLs74,880 MCFMay 2025
Roan State 24Reeves County, TX1,126 BBLs779 MCFMay 2025
South Bristol Unit 1eReeves County, TX17,266 BBLs51,029 MCFMay 2025
Talladega Unit 2Reeves County, TX10,429 BBLs20,969 MCFMay 2025
Verancia 50-26-27 UnitReeves County, TX24,106 BBLs38,997 MCFMay 2025
VJ RanchReeves County, TX815 BBLs539 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the Speedway 1-2 property.

Company Name
Apache Corporation
Centennial Resource Prod, LLC
Chevron USA Inc
COG Operating LLC
Continental Resources, Inc.
DSR Oil & Gas, Inc.
Endeavor Energy Resources, LP
Forge Energy Operating, LLC
Mobil Producing TX. & N.M. Inc.
Oxy USA Inc
Oxy USA WTP LP
Parsley Energy Operations, LLC
Patriot Resources, Inc.
Permian Resources Operating, LLC
Pri Operating, LLC
Triumph Exploration, Inc.
U. S. Energy Development Corporation
Vital Energy, Inc.
VTX Energy Operating, LLC
Waterbridge Texas Operating LLC

Frac'ing activity on Speedway 1-2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-41158SPEEDWAY 1-2 64H
42-389-41159Speedway 1-2 61H
42-389-41160Speedway 1-2 32H
42-389-41161Speedway 1-2 31H
42-389-41162Speedway 1-2 62H