State Momentum 56-T2-17X8

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State Momentum 56-T2-17X8

CountyReeves County, TX
OperatorBPX OPERATING COMPANY
Production DatesAug 2016 - Jan 2024
Total Oil Production601,819 BBLs
Total Gas Production2,170,439 MCF
Recent Oil Production91 BBLs in Dec 2023
Recent Gas Production164 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for State Momentum 56-T2-17X8

ShaleAssessment

Not Available

MarketMultiple

$338,363 **

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

Based on a decimal interest

State Momentum 56-T2-17X8 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Momentum 56-T2-17X8
from Aug 2016 to Jan 2024

Wells on State Momentum 56-T2-17X8

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-35280STATE MOMENTUM 56-T2-17X8 SA 1HBPX OPERATING COMPANYProducingReeves County, TX31.844643-103.881389
42-389-38958STATE MOMENTUM 56-T2-17X8 W107HBPX OPERATING COMPANYHorizontal Well Surface LocatioReeves County, TX31.848039-103.876666
42-389-38959STATE MOMENTUM 56-T2-17X8 W108HBPX OPERATING COMPANYHorizontal Well Surface LocatioReeves County, TX31.848131-103.876506
42-389-38960STATE MOMENTUM 56-T2-17X8 W109HBPX OPERATING COMPANYHorizontal Well Surface LocatioReeves County, TX31.848178-103.876426
42-389-38961STATE MOMENTUM 56-T2-17X8 W110HBPX OPERATING COMPANYHorizontal Well Surface LocatioReeves County, TX31.848085-103.876586
42-389-38962STATE MOMENTUM 56-T2-17X8 W111HBPX OPERATING COMPANYHorizontal Well Surface LocatioReeves County, TX31.847992-103.876746

Leases included in State Momentum 56-T2-17X8

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HBPX OPERATING COMPANYReeves County, TX

Nearby Properties

These are the closest 20 properties to the State Momentum 56-T2-17X8 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Archer 56-2-5Reeves County, TX2,562 BBLs11,484 MCFJan 2024
Arrow 56-2-7 1HReeves County, TX1,653 BBLs5,982 MCFJan 2024
Big Horn State 56-2-9 UnitReeves County, TX3,425 BBLs27,141 MCFJan 2024
CaldwellReeves County, TX0 BBLs0 MCFDec 2022
Camp State 56-T2-8Reeves County, TX1,073 BBLs17,941 MCFJan 2024
Chevron 9Reeves County, TX0 BBLs0 MCFApr 2020
Chevy Astro 56-T2-15X22Reeves County, TX8,365 BBLs43,785 MCFJan 2024
Chevy Colorado 56-T2-20X17Reeves County, TX145,958 BBLs651,721 MCFJan 2024
Fremont 56-2-21 1HReeves County, TX6,520 BBLs37,077 MCFJan 2024
Hill And Meeker 56-T2-22Reeves County, TX2,336 BBLs12,142 MCFJan 2024
Hurley 56-18Reeves County, TX25,161 BBLs301,649 MCFJan 2024
Lowe Royalty Partners 56-T2-20Reeves County, TX691 BBLs3,577 MCFJan 2024
MC Camey Forrest 56-T2-16Reeves County, TX572 BBLs2,269 MCFJan 2024
MeekerReeves County, TX796 BBLs31,858 MCFJan 2024
ReevesReeves County, TX0 BBLs0 MCFFeb 2022
Solstice 56-2-19 1HReeves County, TX2,252 BBLs15,579 MCFJan 2024
State Tunstill 56-T2Reeves County, TX7,147 BBLs63,821 MCFJan 2024
TXL 7 B201boReeves County, TX3,413 BBLs11,001 MCFJan 2024
Velocity 56-2-17 1HReeves County, TX413 BBLs7,433 MCFJan 2024
Winghead 57-2-13Reeves County, TX2,454 BBLs13,620 MCFJan 2024

Owners of State Momentum 56-T2-17X8

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023BPX OPERATING COMPANYSTATE MOMENTUM 56-T2-17X8 SABPX OPERATING
2023EXEMPT-STATE OF TEXASSTATE MOMENTUM 56-T2-17X8 SABPX OPERATING
2023CAMP SECTION 8 LPSTATE MOMENTUM 56-T2-17X8 SABPX OPERATING
2023COMMERCE FIRST ROYALTIES LPSTATE MOMENTUM 56-T2-17X8 SABPX OPERATING
2023PEGASUS RESOURCES II LLCSTATE MOMENTUM 56-T2-17X8 SABPX OPERATING
2023MCMULLEN MINERALS II LPSTATE MOMENTUM 56-T2-17X8 SABPX OPERATING

Oil & Gas Sales on State Momentum 56-T2-17X8

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HNov 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HNov 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HNov 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HNov 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HOct 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HOct 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HOct 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HOct 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HSep 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HSep 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HSep 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HSep 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HAug 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HAug 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HAug 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HAug 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJul 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJul 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJul 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJul 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJun 2023BPX OPERATING COMPANYBPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJun 2023BP PRODUCTS NORTH AMERICA INC.BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJun 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HJun 2023BPX OPERATING COMPANY
08-282114STATE MOMENTUM 56-T2-17X8 SA 1HMay 2023BPX OPERATING COMPANYBPX OPERATING COMPANY