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 - Jan 2024
Total Oil Production871,070 BBLs
Total Gas Production5,430,009 MCF
Recent Oil Production1,264 BBLs in Dec 2023
Recent Gas Production3,353 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$469,911 *

MarketMultiple™

$223,425 **

* 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 Jan 2024

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, TX80 BBLs2,863 MCFJan 2024
Flying DogReeves County, TX268 BBLs2,169 MCFJan 2024
Great DivideReeves County, TX542 BBLs6,873 MCFJan 2024
HarpoonReeves County, TX2,242 BBLs22,701 MCFJan 2024
HarrisonReeves County, TX1 BBLs0 MCFDec 2023
Helbing State 56Reeves County, TX2,041 BBLs40,138 MCFJan 2024
Hornet State 0607Reeves County, TX722 BBLs18,937 MCFJan 2024
Iron City StateReeves County, TX3,557 BBLs87,566 MCFJan 2024
JollyReeves County, TX1,982 BBLs8,843 MCFJan 2024
LH Meeker C21Reeves County, TX647 BBLs5,982 MCFJan 2024
Long YuenglingReeves County, TX3,060 BBLs26,668 MCFJan 2024
Orbison 28Reeves County, TX562 BBLs32,567 MCFJan 2024
Ron 56-8 UnitReeves County, TX174 BBLs32,662 MCFJan 2024
Short YuenglingReeves County, TX1,783 BBLs36,617 MCFJan 2024
State Harrison Ranch 56Reeves County, TX3,316 BBLs85,504 MCFJan 2024
State Loonie Unit 7Reeves County, TX31,233 BBLs596,179 MCFJan 2024
Stinger 1716Reeves County, TX5,412 BBLs74,518 MCFJan 2024
Tisdale Unit 56-8Reeves County, TX250 BBLs6,007 MCFJan 2024
WapitiReeves County, TX49,807 BBLs786,844 MCFJan 2024
Yellow Jacket 1716Reeves County, TX4,999 BBLs75,007 MCFJan 2024

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
Baron Energy LTD.
BPX Operating Company
Carrizo (Permian) LLC
Cimarex Energy Co
Endurance Resources LLC
EOG Resources Inc
Linop Corporation
PDC Permian, Inc.
Petro-Hunt Permian, LLC
Petrohawk Operating Company
Re-Op Corp.
Resolute Natural Res. Co., LLC
Sonoran Energy Inc.
Titus Oil & Gas Production, LLC

Owners of State Phillips 56

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023EOG RESOURCES INCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2023EOG RESOURCES INCSTATE PHILLIPS 56 #301HEOG RESOURCES,
2023EOG RESOURCES INCSTATE PHILLIPS 56 #304HEOG RESOURCES,
2023EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #305HEOG RESOURCES,
2023EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #301HEOG RESOURCES,
2023EXEMPT-STATE OF TEXASSTATE PHILLIPS 56 #304HEOG RESOURCES,
2023CHERRY CREEK MINERALS LLCSTATE PHILLIPS 56 #305HEOG RESOURCES,
2023CHERRY 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 301HNov 2023EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HNov 2023EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2023EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2023EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2023EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HNov 2023EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2023EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2023EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2023EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2023EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2023EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2023EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2023EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HOct 2023EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HOct 2023EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HOct 2023EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HOct 2023EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2023EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2023EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2023EOG RESOURCES, INC.