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 - Jul 2025
Total Oil Production272,973 BBLs
Total Gas Production1,745,671 MCF
Recent Oil Production610 BBLs in Jun 2025
Recent Gas Production9,424 MCF in Jun 2025
Wells on Property1

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

ShaleAssessment™

Not Available

MarketMultiple™

$117,892 **

* 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 Jul 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, TX2,641 BBLs11,029 MCFJul 2025
Arrow 56-2-7 1HReeves County, TX1,637 BBLs4,835 MCFJul 2025
Big Horn State 56-2-9 UnitReeves County, TX2,593 BBLs12,474 MCFJul 2025
Camp State 56-T2-8Reeves County, TX34,815 BBLs255,419 MCFJul 2025
Chevron 9Reeves County, TX2 BBLs0 MCFJun 2025
Chevy Lowe Rider 56-T2-17X20 W106HReeves County, TX821 BBLs5,291 MCFJul 2025
Grendel State 57-2-13-24Reeves County, TX93,822 BBLs395,385 MCFJul 2025
Hurley 56-18Reeves County, TX14,933 BBLs208,388 MCFJul 2025
JeanReeves County, TX0 BBLs0 MCFDec 2019
Lowe Royalty Partners 56-T2-20Reeves County, TX1,865 BBLs9,859 MCFJul 2025
Lowe StateReeves County, TX0 BBLs0 MCFDec 2019
MC Camey Forrest 56-T2-16Reeves County, TX2,121 BBLs9,527 MCFJul 2025
Solstice 56-2-19 1HReeves County, TX1,644 BBLs9,434 MCFJul 2025
State LRP 57-T2-12Reeves County, TX2,896 BBLs14,789 MCFJul 2025
State Momentum 56-T2-17X8Reeves County, TX2,577 BBLs13,193 MCFJul 2025
State Propulsion 56-T2-17X8Reeves County, TX28,426 BBLs191,167 MCFJul 2025
State Tunstill 56-T2Reeves County, TX5,624 BBLs36,830 MCFJul 2025
State White RockReeves County, TX0 BBLs0 MCFMay 2025
TXL 7 B201boReeves County, TX1,817 BBLs6,279 MCFJul 2025
Winghead 57-2-13Reeves County, TX1,002 BBLs1,660 MCFJul 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
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