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 - Oct 2025
Total Oil Production903,371 BBLs
Total Gas Production5,759,283 MCF
Recent Oil Production2,210 BBLs in Sep 2025
Recent Gas Production19,238 MCF in Sep 2025
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$316,001 *

MarketMultiple™

$205,934 **

* 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 Oct 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, TX271 BBLs3,842 MCFOct 2025
HarpoonReeves County, TX2,223 BBLs20,795 MCFOct 2025
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
HelbingReeves County, TX992 BBLs24,599 MCFOct 2025
Hornet State 0607Reeves County, TX2 BBLs1,057 MCFOct 2025
Iron City StateReeves County, TX2,394 BBLs73,291 MCFOct 2025
JollyReeves County, TX1,482 BBLs16,973 MCFOct 2025
LH Meeker C21Reeves County, TX1,041 BBLs13,598 MCFOct 2025
Long YuenglingReeves County, TX2,379 BBLs25,241 MCFOct 2025
Orbison 28Reeves County, TX554 BBLs12,592 MCFOct 2025
Ron 56-8 UnitReeves County, TX318 BBLs31,902 MCFOct 2025
Short YuenglingReeves County, TX1,552 BBLs25,337 MCFOct 2025
Sourdough C21-9 UnitReeves County, TX1,267 BBLs7,058 MCFOct 2025
State Harrison Ranch 56Reeves County, TX3,506 BBLs71,052 MCFOct 2025
State Loonie Unit 7Reeves County, TX13,202 BBLs276,564 MCFOct 2025
Stinger 1716Reeves County, TX2,389 BBLs46,379 MCFOct 2025
Tisdale Unit 56-8Reeves County, TX315 BBLs8,287 MCFOct 2025
WapitiReeves County, TX17,692 BBLs484,744 MCFOct 2025
Yellow Jacket 1716Reeves County, TX3,205 BBLs58,356 MCFOct 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
BPX Operating Company
Carrizo (Permian) LLC
Cimarex Energy Co
Endurance Resources LLC
Enserch Exploration Inc
EOG Resources Inc
Greenlake Energy Operating, LLC
Linop Corporation
PDC Permian, Inc.
Petro-Hunt Permian, LLC
Petrohawk Operating Company
Re-Op Corp.
Resolute Natural Res. Co., LLC
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
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 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.