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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State Phillips 56

CountyReeves County, TX
OperatorEOG RESOURCES, INC.
Production DatesOct 2013 - Jun 2025
Total Oil Production896,515 BBLs
Total Gas Production5,695,664 MCF
Recent Oil Production972 BBLs in May 2025
Recent Gas Production15,169 MCF in May 2025
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$332,866 *

MarketMultiple™

$177,494 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State Phillips 56
from Oct 2013 to Jun 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, TX830 BBLs5,810 MCFJun 2025
HarpoonReeves County, TX2,152 BBLs22,888 MCFJun 2025
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
Helbing State 56Reeves County, TX913 BBLs27,154 MCFJun 2025
Hornet State 0607Reeves County, TX44 BBLs4,534 MCFJun 2025
Iron City StateReeves County, TX2,944 BBLs87,635 MCFJun 2025
JollyReeves County, TX1,828 BBLs12,727 MCFJun 2025
LH Meeker C21Reeves County, TX1,143 BBLs13,472 MCFJun 2025
Long YuenglingReeves County, TX3,266 BBLs30,084 MCFJun 2025
Orbison 28Reeves County, TX573 BBLs12,004 MCFJun 2025
Ron 56-8 UnitReeves County, TX0 BBLs22,648 MCFJun 2025
Short YuenglingReeves County, TX1,434 BBLs31,535 MCFJun 2025
Sourdough C21-9 UnitReeves County, TX1,435 BBLs8,238 MCFJun 2025
State Harrison Ranch 56Reeves County, TX3,538 BBLs71,171 MCFJun 2025
State Loonie Unit 7Reeves County, TX14,492 BBLs298,390 MCFJun 2025
Stinger 1716Reeves County, TX2,168 BBLs48,937 MCFJun 2025
Tisdale Unit 56-8Reeves County, TX222 BBLs6,178 MCFJun 2025
WapitiReeves County, TX23,165 BBLs589,564 MCFJun 2025
Yellow Jacket 1716Reeves County, TX2,404 BBLs62,516 MCFJun 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.
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.