The Rug 58

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for The Rug 58

CountyReeves County, TX
OperatorCIVITAS PERMIAN OPERATING, LLC
Production DatesMar 2023 - Apr 2025
Total Oil Production256,357 BBLs
Total Gas Production512,655 MCF
Recent Oil Production5,746 BBLs in Mar 2025
Recent Gas Production17,253 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for The Rug 58

ShaleAssessment

Not Available

MarketMultiple

$635,428 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

The Rug 58 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for The Rug 58
from Mar 2023 to Apr 2025

Wells on The Rug 58

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-40271THE RUG 58 21HCivitas Permian Operating, LLCProducingReeves County, TX31.000149-103.459943
42-389-40273THE RUG 58 22HCivitas Permian Operating, LLCProducingReeves County, TX31.000135-103.459865

Leases included in The Rug 58

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-59156THE RUG 58Civitas Permian Operating, LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the The Rug 58 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BentzReeves County, TX0 BBLs0 MCFDec 2024
Casino Royale StateReeves County, TX607 BBLs449 MCFMar 2025
DurleneReeves County, TX0 BBLs0 MCFMay 2025
GoldfingerReeves County, TX494 BBLs597 MCFMar 2025
Gunnison State UnitReeves County, TX3,090 BBLs558 MCFApr 2025
Hoefs Ranch State 1Reeves County, TX1,069 BBLs279 MCFApr 2025
Hoefs Ranch State 1-26Reeves County, TX1,227 BBLs279 MCFApr 2025
Kristin T 65Reeves County, TX621 BBLs279 MCFApr 2025
LittletonReeves County, TX966 BBLs558 MCFApr 2025
Meatloaf 58Reeves County, TX624 BBLs1,512 MCFApr 2025
MercedesReeves County, TX1,231 BBLs2,306 MCFMar 2025
MoonrakerReeves County, TX250 BBLs2,906 MCFMar 2025
Moonshine ParkReeves County, TX1,213 BBLs385 MCFApr 2025
Noel 313-312-311Reeves County, TX14,975 BBLs70,770 MCFMar 2025
Ouray StateReeves County, TX991 BBLs780 MCFApr 2025
Poutine Unit 57-330Reeves County, TX16,517 BBLs34,048 MCFMay 2025
Thunderbird UnitReeves County, TX5,523 BBLs279 MCFApr 2025
Uncompaghre State UnitReeves County, TX4,746 BBLs279 MCFApr 2025
White CrowReeves County, TX5,429 BBLs279 MCFApr 2025
Wicked RamReeves County, TX923 BBLs3,795 MCFMar 2025

Frac'ing activity on The Rug 58

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-40271The Rug 58 21H
42-389-40273The Rug 58 22H

Owners of The Rug 58

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CIVITAS PERMIAN OPERATING LLCTHE RUG 58 21H & 22HCIVITAS PERMIA
2024HELENE SCRIVENER MINERALS LPTHE RUG 58 21H & 22HCIVITAS PERMIA
2024ARMSTRONG ANDREW ETHE RUG 58 21H & 22HCIVITAS PERMIA
2024T-6 INCTHE RUG 58 21H & 22HCIVITAS PERMIA
2024CANNON JOE DOUGLAS ESTATETHE RUG 58 21H & 22HCIVITAS PERMIA
2024VIPER ENERGY PARTNERS LLCTHE RUG 58 21H & 22HCIVITAS PERMIA
2024KENNEDY MATHEW RANDEN TRUSTTHE RUG 58 21H & 22HCIVITAS PERMIA
2024NEVILLE GWEN KENNEDY TRUSTTHE RUG 58 21H & 22HCIVITAS PERMIA
Displaying 8 of 21 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on The Rug 58

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-59156THE RUG 58Apr 2025PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Mar 2025PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Mar 2025CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Mar 2025CIVITAS PERMIAN OPERATING, LLCCIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Feb 2025PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Feb 2025CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Feb 2025CIVITAS PERMIAN OPERATING, LLCCIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Jan 2025PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Jan 2025CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Jan 2025CIVITAS PERMIAN OPERATING, LLCCIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Dec 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Dec 2024CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Nov 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Nov 2024CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Oct 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Oct 2024CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Sep 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Sep 2024CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58May 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Apr 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Mar 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Feb 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Jan 2024PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Dec 2023PLAINS MARKETING, L.P.CIVITAS PERMIAN OPERATING, LLC
08-59156THE RUG 58Nov 2023PLAINS MARKETING, L.P.BLUE OX RESOURCES OPERATING LLC