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 - Jul 2025
Total Oil Production897,345 BBLs
Total Gas Production5,708,910 MCF
Recent Oil Production486 BBLs in Jun 2025
Recent Gas Production8,040 MCF in Jun 2025
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$328,974 *

MarketMultiple™

$162,633 **

* 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 Jul 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, TX472 BBLs3,324 MCFJul 2025
HarpoonReeves County, TX1,136 BBLs15,429 MCFJul 2025
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
HelbingReeves County, TX771 BBLs21,087 MCFJul 2025
Hornet State 0607Reeves County, TX71 BBLs2,559 MCFJul 2025
Iron City StateReeves County, TX2,720 BBLs78,627 MCFJul 2025
JollyReeves County, TX1,636 BBLs11,849 MCFJul 2025
LH Meeker C21Reeves County, TX1,096 BBLs15,475 MCFJul 2025
Long YuenglingReeves County, TX3,239 BBLs29,087 MCFJul 2025
Orbison 28Reeves County, TX292 BBLs9,471 MCFJul 2025
Ron 56-8 UnitReeves County, TX136 BBLs29,100 MCFJul 2025
Short YuenglingReeves County, TX1,237 BBLs29,154 MCFJul 2025
Smitherator StateReeves County, TX4,903 BBLs88,469 MCFJul 2025
Sourdough C21-9 UnitReeves County, TX1,297 BBLs7,004 MCFJul 2025
State Harrison Ranch 56Reeves County, TX2,268 BBLs57,788 MCFJul 2025
State Loonie Unit 7Reeves County, TX13,081 BBLs231,759 MCFJul 2025
Stinger 1716Reeves County, TX1,234 BBLs35,945 MCFJul 2025
WapitiReeves County, TX19,253 BBLs433,260 MCFJul 2025
Yellow Jacket 1716Reeves County, TX2,616 BBLs47,324 MCFJul 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.