Reeves County Panther WPX ORRI Sold.png

“Panther WPX ORRI”
Reeves County, Texas

  • 2,060.40 Gross Acres

 

  • 800.4537 Net Royalty Acres

 

  • Up to 6.25% ORRI

 

  • Producing Formations: Bone Spring, Wolfcamp & Fusselman

 

  • Potential Horizontal Objectives:

Bone Spring, Upper & Lower Wolfcamp A, Wolfcamp B, & Wolfcamp C

 

  • Operator: Panther Exploration, LLC (WPX Energy, Inc.)

 

  • 1 Producing Horizontal Bone Spring Well

 

  • 2 Producing Vertical Fusselman Wells

 

  • 1 Permitted Horizontal Wolfcamp Well

 

  • Average Daily Production:

14 BOPD & 104 MCFGPD (Gross)

1 BOPD & 6 MCFGPD (Net)

 

  • Average Net Income: $17,075 / Month