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 2025
Total Oil Production892,606 BBLs
Total Gas Production5,637,273 MCF
Recent Oil Production1,215 BBLs in Dec 2024
Recent Gas Production12,967 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$350,509 *

MarketMultiple™

$249,759 **

* 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 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
Great DivideReeves County, TX470 BBLs5,071 MCFJan 2025
HarpoonReeves County, TX2,240 BBLs22,444 MCFJan 2025
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
Helbing State 56Reeves County, TX1,328 BBLs33,732 MCFJan 2025
Hornet State 0607Reeves County, TX174 BBLs2,926 MCFJan 2025
Iron City StateReeves County, TX2,906 BBLs88,697 MCFJan 2025
JollyReeves County, TX965 BBLs8,059 MCFJan 2025
LH Meeker C21Reeves County, TX1,116 BBLs9,674 MCFJan 2025
Long YuenglingReeves County, TX2,540 BBLs25,287 MCFJan 2025
Orbison 28Reeves County, TX195 BBLs9,463 MCFJan 2025
Ron 56-8 UnitReeves County, TX180 BBLs29,226 MCFJan 2025
Short YuenglingReeves County, TX1,380 BBLs27,494 MCFJan 2025
Sourdough C21-9 UnitReeves County, TX1,838 BBLs11,123 MCFJan 2025
State Harrison Ranch 56Reeves County, TX2,688 BBLs62,673 MCFJan 2025
State Loonie Unit 7Reeves County, TX18,524 BBLs331,134 MCFJan 2025
Stinger 1716Reeves County, TX1,765 BBLs40,767 MCFJan 2025
Tisdale Unit 56-8Reeves County, TX334 BBLs7,346 MCFJan 2025
WapitiReeves County, TX18,383 BBLs500,204 MCFJan 2025
Yellow Jacket 1716Reeves County, TX3,578 BBLs61,964 MCFJan 2025

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

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 301HSep 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HSep 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HAug 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HAug 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HAug 2024EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HAug 2024EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJul 2024EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HJul 2024EOG RESOURCES, INC.