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 - Apr 2025
Total Oil Production895,057 BBLs
Total Gas Production5,672,455 MCF
Recent Oil Production1,069 BBLs in Mar 2025
Recent Gas Production14,832 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment

$340,221 *

MarketMultiple

$194,378 **

* 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 Apr 2025

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
Flying DogReeves County, TX176 BBLs7,308 MCFApr 2025
Great DivideReeves County, TX2,405 BBLs5,854 MCFApr 2025
HarpoonReeves County, TX1,872 BBLs22,563 MCFApr 2025
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
Helbing State 56Reeves County, TX1,167 BBLs32,162 MCFApr 2025
Hornet State 0607Reeves County, TX0 BBLs0 MCFApr 2025
Iron City StateReeves County, TX2,792 BBLs90,116 MCFApr 2025
JollyReeves County, TX1,528 BBLs9,873 MCFApr 2025
LH Meeker C21Reeves County, TX850 BBLs12,224 MCFApr 2025
Long YuenglingReeves County, TX3,487 BBLs29,257 MCFApr 2025
Orbison 28Reeves County, TX200 BBLs5,876 MCFApr 2025
Short YuenglingReeves County, TX2,024 BBLs33,343 MCFApr 2025
Sourdough C21-9 UnitReeves County, TX1,363 BBLs9,051 MCFApr 2025
State Harrison Ranch 56Reeves County, TX3,195 BBLs65,908 MCFApr 2025
State Loonie Unit 7Reeves County, TX15,939 BBLs309,677 MCFApr 2025
Stinger 1716Reeves County, TX3,726 BBLs51,204 MCFApr 2025
Tisdale Unit 56-8Reeves County, TX541 BBLs8,106 MCFApr 2025
WapitiReeves County, TX20,584 BBLs545,509 MCFApr 2025
Yellow Jacket 1716Reeves County, TX2,135 BBLs54,004 MCFApr 2025

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
2024EOG RESOURCES INCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2024EOG RESOURCES INCSTATE PHILLIPS 56 #304HEOG RESOURCES,
2024EOG RESOURCES INCSTATE PHILLIPS 56 #301HEOG RESOURCES,
2024EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #305HEOG RESOURCES,
2024EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #301HEOG RESOURCES,
2024CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2024EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #304HEOG RESOURCES,
2024CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #301HEOG 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 301HMar 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMar 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMar 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HMar 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMar 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMar 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMar 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HMar 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMar 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMar 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMar 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HMar 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HFeb 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HFeb 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HFeb 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HFeb 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HFeb 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HFeb 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJan 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJan 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJan 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HJan 2025EOG RESOURCES, INC.