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Texas oil lease

Producing

AFFIRMED 48

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

Oil lease dossier

13,686bbl oil, last 12 months+2% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-62809

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
32,519 mcf
Oil in Jul 2026
1,327 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for AFFIRMED 48, Aug 2024 to Jul 2026. Oil output held steady over the last 12 months. 13,686 bbl in the 12 months through Jul 2026, against 13,428 bbl in the 12 months before.Last 12 months: 13,686 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 24Jan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for AFFIRMED 48, Aug 2024 to Jul 2026. Oil output held steady over the last 12 months. 13,686 bbl in the 12 months through Jul 2026, against 13,428 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

Flaring peaked at 27.1% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of AFFIRMED 48 gas by disposition code each month, Aug 2024 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 27.1% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 27.1%Oct 24Jan 25AprJulOctJan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of AFFIRMED 48 gas by disposition code each month, Aug 2024 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 27.1% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 27.1%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 29,628 mcf

  • Flared (4)

    8.9% · 2,891 mcf

8.9% of the gas flared in the last 12 months. 5 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Noble Energy INCOilGathers33.34Aug 1, 2024
Plains Marketing, L.p.OilGathers33.33Aug 1, 2024
Plains Pipeline L.p.OilGathers33.33Aug 1, 2024
Noble Energy INCCasinghead gasBuys100Aug 1, 2024
Noble Energy INCCasinghead gasGathers100Aug 1, 2024

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

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

24 months, newest first

Ledger for AFFIRMED 48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3271,3274,3184,3162$80.46$2.89
Jun 20261,1671,1613,9682,8941,074$84.81$3.15
May 20261,2651,2644,2013,223978$102.13$2.94
Apr 20261,0991,1002,8772,141736$100.32$2.77
Mar 20261,2641,2602,4822,42854$91.38$3.04
Feb 20261,1511,1552,4152,4105$64.51$3.62
Jan 20267307261,6391,6327$60.04$7.72
Dec 20251,0181,0202,1212,1192$57.97$4.26
Nov 20251,1371,1442,2902,2891$60.06$3.79
Oct 20251,0911,0832,0312,0301$60.89$3.19
Sep 20251,3161,3212,7822,76715$63.96$2.97
Aug 20251,1211,1151,3951,37916$64.86$2.91
Jul 20251,0831,0901,5331,5294$68.39$3.20
Jun 20251,2981,2941,6321,6275$68.17$3.02
May 20251,1471,1448578498$62.17$3.12
Apr 20251,1471,1466786753$63.54$3.42
Mar 20251,2081,2093373343$68.24$4.12
Feb 20259149139389308$71.53$4.19
Jan 20251,3111,3132,4322,41022$75.74$4.13
Dec 20241,3441,3482,2912,2883$70.12$3.01
Nov 20241,3591,3572,9882,93949$69.95$2.12
Oct 20241,3511,3503,4833,46221$71.99$2.20
Sep 20241,0561,0534,8164,656160$70.24$2.28
Aug 202421020960655650$76.68$1.99

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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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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