State Phillips 56

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for State Phillips 56

CountyReeves County, TX
OperatorEOG RESOURCES INC
Production DatesOct 2013 - Mar 2026
Total Oil Production910,538 BBLs
Total Gas Production5,822,446 MCF
Recent Oil Production901 BBLs in Feb 2026
Recent Gas Production12,505 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment

$296,866 *

MarketMultiple

$235,606 **

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

Based on a decimal interest

State Phillips 56 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Phillips 56
from Oct 2013 to Mar 2026

Wells on State Phillips 56

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-33617STATE PHILLIPS 56 301HEOG RESOURCES, INC.ProducingReeves County, TX31.612786-103.936859
42-389-34818STATE PHILLIPS 56 304HEOG RESOURCES, INC.ProducingReeves County, TX31.612869-103.940431
42-389-34819STATE PHILLIPS 56 305HEOG RESOURCES, INC.ProducingReeves County, TX31.612870-103.940335

Leases included in State Phillips 56

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-283687STATE PHILLIPS 56 301HEOG RESOURCES, INC.Reeves County, TX
08-285143STATE PHILLIPS 56 304HEOG RESOURCES, INC.Reeves County, TX
08-285144STATE PHILLIPS 56 305HEOG RESOURCES, INC.Reeves County, TX
08-44744STATE PHILLIPS 56EOG RESOURCES, INC.Reeves County, TX

Nearby Properties

These are the closest 20 properties to the State Phillips 56 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong 1Reeves County, TX0 BBLs0 MCFSep 2024
Great DivideReeves County, TX157 BBLs5,960 MCFMar 2026
HarpoonReeves County, TX3,184 BBLs29,471 MCFMar 2026
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
HelbingReeves County, TX1,094 BBLs27,211 MCFMar 2026
Hornet State 0607Reeves County, TX7 BBLs652 MCFMar 2026
Iron City StateReeves County, TX2,584 BBLs61,357 MCFMar 2026
JollyReeves County, TX1,542 BBLs16,747 MCFMar 2026
LH Meeker C21Reeves County, TX579 BBLs7,173 MCFMar 2026
Long YuenglingReeves County, TX1,765 BBLs18,304 MCFMar 2026
Short YuenglingReeves County, TX1,278 BBLs16,236 MCFMar 2026
Smitherator StateReeves County, TX2,478 BBLs52,604 MCFMar 2026
Sourdough C21-9 UnitReeves County, TX1,360 BBLs3,869 MCFMar 2026
State Harrison Ranch 56Reeves County, TX2,271 BBLs55,934 MCFMar 2026
State Loonie Unit 7Reeves County, TX10,096 BBLs199,048 MCFMar 2026
Stinger 1716Reeves County, TX3,884 BBLs57,533 MCFMar 2026
Thunderbolt C21-9 UnitReeves County, TX1,768 BBLs11,638 MCFMar 2026
Tisdale Unit 56-8Reeves County, TX207 BBLs6,351 MCFMar 2026
WapitiReeves County, TX13,711 BBLs409,157 MCFMar 2026
Yellow Jacket 1716Reeves County, TX2,880 BBLs56,705 MCFMar 2026

Frac'ing activity on State Phillips 56

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-33617PHILLIPS STATE 56 #301H
42-389-34818STATE PHILLIPS 56 #304H
42-389-34819STATE PHILLIPS 56 #305H

Owners of State Phillips 56

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025EOG RESOURCES INCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2025EOG RESOURCES INCSTATE PHILLIPS 56 #304HEOG RESOURCES,
2025EOG RESOURCES INCSTATE PHILLIPS 56 #301HEOG RESOURCES,
2025EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #305HEOG RESOURCES,
2025EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #304HEOG RESOURCES,
2025EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #301HEOG RESOURCES,
2025CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2025CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #304HEOG RESOURCES,
Displaying 8 of 18 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on State Phillips 56

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-283687STATE PHILLIPS 56 301HFeb 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HFeb 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HFeb 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HFeb 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HFeb 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HFeb 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HFeb 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HFeb 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJan 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJan 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJan 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJan 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJan 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJan 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJan 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJan 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJan 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJan 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJan 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJan 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJan 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.