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Reeves County in 60 seconds (Texas)
Transcript
Reeves County, Texas, in 60 seconds. In a year it reported about 170 million barrels of oil. That is fourth in Texas, 8 percent of the state. The state issued 502 drilling permits. 285 wells were completed, and 233 reported first production. Permian Resources operates the most, about 15 percent. And 1,303 leases changed operator in two years. 253 went from Vital Energy to Crescent. If yours did, check your decimal. WTI averaged $84 in August. Your check is barrels times price times your decimal. 33 new wells have first checks due, starting October 28. Texas allows 120 days after the end of the month of first sale. Look up your Reeves County lease, free. The sources are on screen.
Numbers are from Railroad Commission of Texas records (production to July 2026, permits and well records to September 30) and EIA prices. Operators are named as the state lists them.