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 - Feb 2026
Total Oil Production908,219 BBLs
Total Gas Production5,811,036 MCF
Recent Oil Production1,120 BBLs in Jan 2026
Recent Gas Production13,160 MCF in Jan 2026
Wells on Property3

Our Valuation Estimates for State Phillips 56

ShaleAssessment™

$299,826 *

MarketMultiple™

$226,764 **

* 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 Feb 2026

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, TX279 BBLs3,880 MCFFeb 2026
HarpoonReeves County, TX2,338 BBLs21,623 MCFFeb 2026
HarrisonReeves County, TX0 BBLs0 MCFDec 2023
HelbingReeves County, TX1,396 BBLs30,778 MCFFeb 2026
Hornet State 0607Reeves County, TX9 BBLs367 MCFFeb 2026
Iron City StateReeves County, TX2,057 BBLs61,016 MCFFeb 2026
JollyReeves County, TX1,540 BBLs18,164 MCFFeb 2026
LH Meeker C21Reeves County, TX527 BBLs0 MCFFeb 2026
Long YuenglingReeves County, TX2,765 BBLs27,277 MCFFeb 2026
Ron 56-8 UnitReeves County, TX105 BBLs15,533 MCFFeb 2026
Short YuenglingReeves County, TX1,374 BBLs16,562 MCFFeb 2026
Smitherator StateReeves County, TX2,917 BBLs59,357 MCFFeb 2026
Sourdough C21-9 UnitReeves County, TX1,633 BBLs4,856 MCFFeb 2026
State Harrison Ranch 56Reeves County, TX2,593 BBLs51,725 MCFFeb 2026
State Loonie Unit 7Reeves County, TX12,935 BBLs248,204 MCFFeb 2026
Stinger 1716Reeves County, TX3,260 BBLs56,641 MCFFeb 2026
Tisdale Unit 56-8Reeves County, TX276 BBLs7,373 MCFFeb 2026
WapitiReeves County, TX13,265 BBLs394,846 MCFFeb 2026
Yellow Jacket 1716Reeves County, TX3,429 BBLs64,012 MCFFeb 2026

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
Coterra Energy Operating Co.
Endurance Resources LLC
EOG Resources Inc
Linop Corporation
Northstar Resources, LLC
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 301HNov 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HNov 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HNov 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HNov 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HOct 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2025EOG RESOURCES, INC.
08-285143STATE PHILLIPS 56 304HOct 2025EOG RESOURCES MARKETING LLCEOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HOct 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HOct 2025EOG RESOURCES, INC.
08-285144STATE PHILLIPS 56 305HOct 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2025EOG RESOURCES, INC.
08-283687STATE PHILLIPS 56 301HSep 2025EOG RESOURCES, INC.