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Texas oil lease · RRC district 08 · Lease 48634

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ADOBE

Adobe is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-48634

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

No oil produced in the last 12 months

The last month with output was Mar 2025, at 33 bbl.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for ADOBE, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Mar 2025, at 33 bbl.Last 12 months: 0 bblbbl per monthmcf per month005002001,0004001,5006002,000800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for ADOBE, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Mar 2025, at 33 bbl.Last 12 monthsbbl per monthmcf per month005002001,0004001,5006002,000800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 48634, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the last 12 monthsShare of ADOBE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of ADOBE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 48634, district 08. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Jan 2023

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating,…Jan 2023 to now
Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 48634 in district 08. The API number is the state’s ID for a well.
Wells on ADOBE
API numberWell no.Status
42-389-350941HActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 48634.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p., Plains Pipeline L.p. and Enterprise Crude Oil LLC gather it.

    Plains Marketing, L.p. gathers it: 49% of it, on the list since May 1, 2026 · Plains Pipeline L.p. gathers it: 49% of it, on the list since May 1, 2026 · Enterprise Crude Oil LLC gathers it: 2% of it, on the list since May 1, 2026

  • Gas from oil wells

    Kinetik Holdings LP buys and gathers it.

    Kinetik Holdings LP buys it: 100% of it, on the list since May 1, 2026 · Kinetik Holdings LP gathers it: 100% of it, on the list since May 1, 2026

Companies that used to be listed: Eagleclaw Midstream Ventures,llc (gathers it, until May 1, 2026); Eagleclaw Midstream Ventures,llc (buys it, until May 1, 2026); Oryx Delaware Oil Transport LLC (gathers it, until May 1, 2026); Oryx So. Delaware Ogt LLC (gathers it, until Jan 1, 2020); Oryx So. Delaware Ogt LLC (gathers it, until Feb 21, 2019); Permian Crude Transport, LP (gathers it, until Feb 21, 2019).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

642.72 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
May 19, 2016
Latest permit
Nov 16, 2015
Wells and acres on the permits for Adobe
API numberWell no.Acreson the permit
42-389-350941H642.72

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says ADOBE sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for ADOBE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Permian Resources00000$80.46$2.89
Jun 2026Permian Resources00000$84.81$3.15
May 2026Permian Resources00000$102.13$2.94
Apr 2026Permian Resources00000$100.32$2.77
Mar 2026Permian Resources00000$91.38$3.04
Feb 2026Permian Resources00000$64.51$3.62
Jan 2026Permian Resources00000$60.04$7.72
Dec 2025Permian Resources00000$57.97$4.26
Nov 2025Permian Resources00000$60.06$3.79
Oct 2025Permian Resources00000$60.89$3.19
Sep 2025Permian Resources00000$63.96$2.97
Aug 2025Permian Resources00000$64.86$2.91
Jul 2025Permian Resources00000$68.39$3.20
Jun 2025Permian Resources00000$68.17$3.02
May 2025Permian Resources00000$62.17$3.12
Apr 2025Permian Resources00000$63.54$3.42
Mar 2025Permian Resources3333000$68.24$4.12
Feb 2025Permian Resources00220$71.53$4.19
Jan 2025Permian Resources00220$75.74$4.13
Dec 2024Permian Resources00000$70.12$3.01
Nov 2024Permian Resources00990$69.95$2.12
Oct 2024Permian Resources00550$71.99$2.20
Sep 2024Permian Resources0014140$70.24$2.28
Aug 2024Permian Resources0052520$76.68$1.99
Jul 2024Permian Resources0016160$81.80$2.07
Jun 2024Permian Resources0043430$79.77$2.54
May 2024Permian Resources00550$80.02$2.12
Apr 2024Permian Resources1,3161,316880$85.35$1.60
Mar 2024Permian Resources00000$81.28$1.49
Feb 2024Permian Resources00000$77.25$1.72
Jan 2024Permian Resources00000$74.15$3.18
Dec 2023Permian Resources00000$71.90$2.52
Nov 2023Permian Resources00000$77.69$2.71
Oct 2023Permian Resources00000$85.64$2.98
Sep 2023Permian Resources0013130$89.43$2.64
Aug 2023Permian Resources4776755385380$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

All Permian Resources Operating, LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • BLUE CREST

    5,299 bbl last 12 months · 0.9 km away

  • CRISAN

    9,718 bbl last 12 months · 1.2 km away

  • CWEI-CHK 188-13

    0 bbl last 12 months · 1.4 km away

  • ADOBE E

    1,097 bbl last 12 months · 1.5 km away

  • ADOBE D

    3,424 bbl last 12 months · 1.5 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 48634, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.