State Phillips 56

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. State Phillips 56 Oil & Gas Property

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Property Summary

Key data points for State Phillips 56

CountyReeves County, TX
OperatorEOG RESOURCES INC
Production DatesOct 2013 - Jun 2026
Total Oil Production915,468 BBLs
Total Gas Production5,859,207 MCF
Recent Oil Production1,561 BBLs in May 2026
Recent Gas Production12,314 MCF in May 2026
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$287,479 *

MarketMultiple™

$249,725 **

* 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 Jun 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, TX156 BBLs5,880 MCFJun 2026
HarpoonReeves County, TX2,663 BBLs13,185 MCFJun 2026
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
HelbingReeves County, TX568 BBLs28,332 MCFJun 2026
Hornet State 0607Reeves County, TX0 BBLs61 MCFJun 2026
Iron City StateReeves County, TX2,629 BBLs68,075 MCFJun 2026
JollyReeves County, TX1,710 BBLs14,560 MCFJun 2026
LH Meeker C21Reeves County, TX587 BBLs6,375 MCFJun 2026
Long YuenglingReeves County, TX2,126 BBLs21,605 MCFJun 2026
Orbison 28Reeves County, TX567 BBLs20,203 MCFJun 2026
Ron 56-8 UnitReeves County, TX63 BBLs24,087 MCFJun 2026
Short YuenglingReeves County, TX1,297 BBLs23,287 MCFJun 2026
Sourdough C21-9 UnitReeves County, TX1,462 BBLs4,989 MCFJun 2026
State Harrison Ranch 5Reeves County, TX12,327 BBLs142,084 MCFJun 2026
State Loonie Unit 7Reeves County, TX11,018 BBLs264,486 MCFJun 2026
Stinger 1716Reeves County, TX4,047 BBLs65,298 MCFJun 2026
Tisdale Unit 56-8Reeves County, TX255 BBLs6,995 MCFJun 2026
WapitiReeves County, TX13,745 BBLs470,825 MCFJun 2026
Yellow Jacket 1716Reeves County, TX3,066 BBLs63,924 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the State Phillips 56 property.

Company Name
1920 Energy, LLC
299 Production, LLC
Anadarko E&P Onshore LLC
Apache Corporation
Apr Operating LLC
Atlantic Resources Company, LLC
BPX Operating Company
Carrizo (Permian) LLC
Coterra Energy Operating Co.
Endurance Resources LLC
EOG Resources Inc
Linop Corporation
Northstar Resources, LLC
PDC Permian, Inc.
Petro-Hunt Permian, LLC
Petrohawk Operating Company
Re-Op Corp.
Resolute Natural Res. Co., LLC
Titus Oil & Gas Production, LLC
U. S. Energy Development Corporation

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
2026EOG RESOURCES INCSTATE PHILLIPS 56 #301HEOG RESOURCES,
2026EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #301HEOG RESOURCES,
2026CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #301HEOG RESOURCES,
2026EOG RESOURCES INCSTATE PHILLIPS 56 #304HEOG RESOURCES,
2026EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #304HEOG RESOURCES,
2026CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #304HEOG RESOURCES,
2026TEXAS PACIFIC ROYALTY ACQ LLCSTATE PHILLIPS 56 #301HEOG RESOURCES,
2026EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #305HEOG 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 301HJun 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJun 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJun 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJun 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJun 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HJun 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2026EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMay 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMay 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMay 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMay 2026EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMay 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMay 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMay 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMay 2026EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMay 2026EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HApr 2026EOG RESOURCES, INC.