Velocity 56-2-17 1H

Oil & Gas Property in Reeves County, TX

Property Summary

Key data points for Velocity 56-2-17 1H

CountyReeves County, TX
OperatorANADARKO E&P ONSHORE LLC
Production DatesMay 2018 - Jun 2025
Total Oil Production272,323 BBLs
Total Gas Production1,734,011 MCF
Recent Oil Production580 BBLs in May 2025
Recent Gas Production4,263 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Velocity 56-2-17 1H

ShaleAssessment

Not Available

MarketMultiple

$116,640 **

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

Based on a decimal interest

Velocity 56-2-17 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Velocity 56-2-17 1H
from May 2018 to Jun 2025

Wells on Velocity 56-2-17 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-389-35760VELOCITY 56-2-17 1HANADARKO E&P ONSHORE LLCProducingReeves County, TX31.853180-103.888038

Leases included in Velocity 56-2-17 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-283384VELOCITY 56-2-17 1HANADARKO E&P ONSHORE LLCReeves County, TX

Nearby Properties

These are the closest 20 properties to the Velocity 56-2-17 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Archer 56-2-5Reeves County, TX2,789 BBLs13,479 MCFJun 2025
Arrow 56-2-7 1HReeves County, TX1,741 BBLs5,378 MCFJun 2025
Big Horn State 56-2-9 UnitReeves County, TX3,942 BBLs20,552 MCFJun 2025
Camp State 56-T2-8Reeves County, TX39,559 BBLs285,170 MCFJun 2025
Chevron 9Reeves County, TX2 BBLs0 MCFJun 2025
Chevy Lowe Rider 56-T2-17X20 W106HReeves County, TX1,704 BBLs11,743 MCFJun 2025
Grendel State 57-2-13-24Reeves County, TX154,205 BBLs604,624 MCFJun 2025
Hurley 56-18Reeves County, TX24,234 BBLs250,031 MCFJun 2025
JeanReeves County, TX0 BBLs0 MCFDec 2019
Lowe Royalty Partners 56-T2-20Reeves County, TX2,167 BBLs11,196 MCFJun 2025
Lowe StateReeves County, TX0 BBLs0 MCFDec 2019
MC Camey Forrest 56-T2-16Reeves County, TX2,495 BBLs7,555 MCFJun 2025
Solstice 56-2-19 1HReeves County, TX1,804 BBLs10,110 MCFJun 2025
State LRP 57-T2-12Reeves County, TX12,343 BBLs58,953 MCFJun 2025
State Momentum 56-T2-17X8Reeves County, TX2,832 BBLs14,444 MCFJun 2025
State Propulsion 56-T2-17X8Reeves County, TX30,536 BBLs217,968 MCFJun 2025
State Tunstill 56-T2Reeves County, TX6,920 BBLs47,621 MCFJun 2025
State White RockReeves County, TX28,212 BBLs412,309 MCFMay 2025
TXL 7 B201boReeves County, TX1,972 BBLs6,831 MCFJun 2025
Winghead 57-2-13Reeves County, TX1,285 BBLs1,835 MCFJun 2025

Frac'ing activity on Velocity 56-2-17 1H

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-389-35760VELOCITY 56-2-17 1H

Owners of Velocity 56-2-17 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CHEVRON USA INC (RI/OR)VELOCITY 56-2-17 #1HANADARKO E&P O
2025ANADARKO E&P ONSHORE LLCVELOCITY 56-2-17 #1HANADARKO E&P O
2025TEXAS PACIFIC LAND TRUSTVELOCITY 56-2-17 #1HANADARKO E&P O

Oil & Gas Sales on Velocity 56-2-17 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-283384VELOCITY 56-2-17 1HMar 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMar 2025OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMar 2025ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMar 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HMar 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HFeb 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HFeb 2025OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HFeb 2025ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HFeb 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HFeb 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJan 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJan 2025OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJan 2025ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJan 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HJan 2025ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HDec 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HDec 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HDec 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HDec 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HDec 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HNov 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HNov 2024OCCIDENTAL ENERGY MARKETING, INC.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HNov 2024ETC TEXAS PIPELINE, LTD.ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HNov 2024ANADARKO E&P ONSHORE LLC
08-283384VELOCITY 56-2-17 1HNov 2024ANADARKO E&P ONSHORE LLC