Velocity 56-2-17 1H

Oil & Gas Property in Reeves County, TX

  2. Texas
  3. Reeves County, TX
  4. Oil & Gas Properties in Reeves County, TX
  5. Velocity 56-2-17 1H Oil & Gas Property

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Property Summary

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

CountyReeves County, TX
OperatorANADARKO E&P ONSHORE LLC
Production DatesMay 2018 - Apr 2025
Total Oil Production271,133 BBLs
Total Gas Production1,720,324 MCF
Recent Oil Production787 BBLs in Mar 2025
Recent Gas Production10,671 MCF in Mar 2025
Wells on Property1

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

ShaleAssessment™

Not Available

MarketMultiple™

$129,716 **

* 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 Apr 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, TX3,097 BBLs52,578 MCFApr 2025
Arrow 56-2-7 1HReeves County, TX2,052 BBLs21,898 MCFApr 2025
Big Horn State 56-2-9 UnitReeves County, TX2,568 BBLs15,485 MCFApr 2025
Camp State 56-T2-8Reeves County, TX55,144 BBLs309,539 MCFApr 2025
Chevron 9Reeves County, TX1 BBLs0 MCFMar 2025
Chevy Lowe Rider 56-T2-17X20 W106HReeves County, TX2,217 BBLs17,721 MCFApr 2025
Hurley 56-18Reeves County, TX15,296 BBLs222,844 MCFApr 2025
JeanReeves County, TX0 BBLs0 MCFDec 2019
Lowe Royalty Partners 56-T2-20Reeves County, TX2,010 BBLs9,930 MCFApr 2025
Lowe StateReeves County, TX0 BBLs0 MCFDec 2019
MC Camey Forrest 56-T2-16Reeves County, TX2,193 BBLs3,602 MCFApr 2025
Seahawk 57-2-1 1HReeves County, TX1,426 BBLs29,050 MCFApr 2025
Solstice 56-2-19 1HReeves County, TX2,002 BBLs10,657 MCFApr 2025
State LRP 57-T2-12Reeves County, TX5,193 BBLs35,605 MCFApr 2025
State Momentum 56-T2-17X8Reeves County, TX3,107 BBLs13,060 MCFApr 2025
State Propulsion 56-T2-17X8Reeves County, TX36,792 BBLs238,569 MCFApr 2025
State Tunstill 56-T2Reeves County, TX5,144 BBLs50,233 MCFApr 2025
State White RockReeves County, TX27,988 BBLs405,300 MCFApr 2025
TXL 7 B201boReeves County, TX2,306 BBLs8,513 MCFApr 2025
Winghead 57-2-13Reeves County, TX2,491 BBLs9,413 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Velocity 56-2-17 1H property.

Company Name
Anadarko E&P Onshore LLC
Anadarko Petroleum Corporation
BHP Billiton Pet(Txla Op) Co
BPX Operating Company
Draco Energy, Inc.
Finley Resources Inc
Grace Petroleum Operating, LLC
Kimlar Oil Company
Lakewood Energy LLC
Majestic Oil & Gas Holding Co.
Mewbourne Oil Company
Moss, William Corp.
Pearce, Roy F., Jr.
Phillips Petroleum Company
Priest Petroleum Corporation
Rki Exploration & Production LLC
Slack, R. C.
Snow Oil & Gas Inc.
WPX Energy Permian, LLC
XTO Energy Inc.

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
2024CHEVRON USA INC (RI/OR)VELOCITY 56-2-17 #1HANADARKO E&P O
2024ANADARKO E&P ONSHORE LLCVELOCITY 56-2-17 #1HANADARKO E&P O
2024TEXAS 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