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AFFIRMED 48

Affirmed 48 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

2 wells

8,335bbl oil, last 12 months−72% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-47299

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
23,355 mcf
Oil in Feb 2025
0 bbl

Production by month

Oil output fell 72% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for AFFIRMED 48, Mar 2022 to Feb 2025. Oil output fell 72% over the last 12 months. 8,335 bbl in the 12 months through Feb 2025, against 30,061 bbl in the 12 months before.Last 12 months: 8,335 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kApr 22JulOctJan 23AprJulOctJan 24AprJulOctJan 25
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for AFFIRMED 48, Mar 2022 to Feb 2025. Oil output fell 72% over the last 12 months. 8,335 bbl in the 12 months through Feb 2025, against 30,061 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jan 2023 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 33.2% of the gas in Jan 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jan 2023 the lease's gas goes to a transmission line instead of a processing plantShare of AFFIRMED 48 gas by disposition code each month, Mar 2022 to Feb 2025. Since Jan 2023 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 33.2% of the gas in Jan 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2023: plant to lineFlared 33.2%Apr 22JulOctJan 23AprJulOctJan 24AprJulOctJan 25
Since Jan 2023 the lease's gas goes to a transmission line instead of a processing plantShare of AFFIRMED 48 gas by disposition code each month, Mar 2022 to Feb 2025. Since Jan 2023 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 33.2% of the gas in Jan 2023.Share of gas by disposition code0%50%100%Jan 23: plant to lineFlared 33.2%Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 104,714 mcf

  • Lease fuel (1)

    9.1% · 10,773 mcf

  • Flared (4)

    2.2% · 2,626 mcf

2.2% of the gas flared in the last 12 months. 7 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Mar 2023

Operators of this lease over timeNoble Energy Inc, Jan 2020 to Dec 2022; Colgate Operating, LLC, Jan 2023 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Feb 2025202020212022202320242025Changed Jan 2023Changed Mar 2023Noble Energy IncJan 2020 to Dec 2022Colgate Operating, LLCJan 2023 to Feb 2023Permian Resources Operating,…Mar 2023 to now
Operators of this lease over timeNoble Energy Inc, Jan 2020 to Dec 2022; Colgate Operating, LLC, Jan 2023 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Feb 2025202020212022202320242025Changed Jan 2023Changed Mar 2023Noble Energy IncJan 2020 to Dec 2022Colgate Operating, LLCJan 2023 to Feb 2023Permian Resources Operating, LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on AFFIRMED 48
API numberWell no.Status
42-389-348771HAActive
42-389-362502HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Noble Energy INCOilGathers50Sep 1, 2024–
Plains Marketing, L.p.OilGathers50Sep 1, 2024–
Kinetik Holdings LPCasinghead gasBuys50Sep 1, 2024–
Noble Energy INCCasinghead gasBuys50Feb 1, 2023–
Kinetik Holdings LPCasinghead gasGathers50Sep 1, 2024–
Noble Energy INCCasinghead gasGathers50Feb 1, 2023–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers50Feb 1, 2023Sep 1, 2024
Eagleclaw Midstream Ventures,llcCasinghead gasBuys50Feb 1, 2023Sep 1, 2024
Eastex Crude Company, LLCOilGathers33Mar 1, 2023Sep 1, 2024
Noble Energy INCOilGathers33Mar 1, 2023Sep 1, 2024
Shell Trading (Us) CompanyOilGathers34Mar 1, 2023Sep 1, 2024
Noble Energy INCOilGathers50Feb 1, 2023Mar 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

320 acres on the newest permit

Permits for Affirmed 48
API numberWell no.Acreson the permit
42-389-362502H320
42-389-348771HA320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
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, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for AFFIRMED 48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Feb 2025Permian Resources00000$71.53$4.19
Jan 2025Permian Resources00000$75.74$4.13
Dec 2024Permian Resources00000$70.12$3.01
Nov 2024Permian Resources00000$69.95$2.12
Oct 2024Permian Resources00000$71.99$2.20
Sep 2024Permian Resources00000$70.24$2.28
Aug 2024Permian Resources3771,6413,3722,8120$76.68$1.99
Jul 2024Permian Resources1,1561,5433,5322,78111$81.80$2.07
Jun 2024Permian Resources2,2931,8916,9795,8106$79.77$2.54
May 2024Permian Resources1,9312,2293,8072,61425$80.02$2.12
Apr 2024Permian Resources2,1162,1653,7922,76384$85.35$1.60
Mar 2024Permian Resources4622641,8731,73358$81.28$1.49
Feb 2024Permian Resources1,0391,1265,2774,91538$77.25$1.72
Jan 2024Permian Resources2,7032,96812,45511,345126$74.15$3.18
Dec 2023Permian Resources2,7672,50422,17420,85595$71.90$2.52
Nov 2023Permian Resources2,3512,38018,10715,0831,873$77.69$2.71
Oct 2023Permian Resources2,9503,11418,35517,09324$85.64$2.98
Sep 2023Permian Resources2,8422,63318,39016,910286$89.43$2.64
Aug 2023Permian Resources2,7082,58418,23315,7811,221$81.39$2.58
Jul 2023Permian Resources2,9032,95618,23216,153849$76.07$2.55
Jun 2023Permian Resources2,9772,55018,10916,596514$70.25$2.18
May 2023Permian Resources9221,48119,81417,920666$71.58$2.15
Apr 2023Permian Resources2,8492,37717,01715,189628$79.45$2.16
Mar 2023Permian Resources3,0503,04515,50214,042258$73.28$2.31
Feb 2023Colgate Operating,2,4172,32410,9179,755274$76.83$2.38
Jan 2023Colgate Operating,1,6981,7244,8862,7691,623$78.12$3.27
Dec 2022Noble Energy1,9102,5914,2313,98411$76.44$5.53
Nov 2022Noble Energy1,9332,0197,4817,15074$84.37$5.45
Oct 2022Noble Energy2,4362,2368,4758,18755$87.55$5.66
Sep 2022Noble Energy3,1522,9049,2398,95048$84.26$7.88
Aug 2022Noble Energy2,5252,2646,3646,11438$93.67$8.81
Jul 2022Noble Energy2,3342,3346,9996,71030$101.62$7.28
Jun 2022Noble Energy2,3022,3026,0245,70234$114.84$7.70
May 2022Noble Energy2,4622,4626,8606,51317$109.55$8.14
Apr 2022Noble Energy2,5602,5607,1526,79812$101.78$6.60
Mar 2022Noble Energy2,7062,7067,8017,38513$108.50$4.90

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorPermian Resources Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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