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Texas gas well

Producing

ALEXANDER STATE UNIT 58-2-24

Alexander State Unit 58-2-24 is a gas well in Reeves County, Texas, operated by Eqv Operating LLC in the Phantom (Wolfcamp) field.

1 well

37,235mcf gas, last 12 months−75% vs prior year
RRC lease
08-287682

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
5,184 bbl
Gas in Jul 2026
6,621 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Eqv Operating LLC took over from Rio Oil and Gas (Permian) Ii,llc in Dec 2024.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jun 27, 2025 (last P-5 filed Oct 4, 2024).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 75% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 75% over the last 12 monthsMonthly gas production and oil for ALEXANDER STATE UNIT 58-2-24, Aug 2023 to Jul 2026. Gas output fell 75% over the last 12 months. 37,235 mcf in the 12 months through Jul 2026, against 151,003 mcf in the 12 months before.Last 12 months: 37,235 mcfmcf per monthbbl per month0020k5,00040k10k60k15k80k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 75% over the last 12 monthsMonthly gas production and oil for ALEXANDER STATE UNIT 58-2-24, Aug 2023 to Jul 2026. Gas output fell 75% over the last 12 months. 37,235 mcf in the 12 months through Jul 2026, against 151,003 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020k5,00040k10k60k15k80k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 37.6% of the gas in Sep 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plantShare of ALEXANDER STATE UNIT 58-2-24 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 37.6% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: plant to lineFlared 37.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plantShare of ALEXANDER STATE UNIT 58-2-24 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 37.6% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Apr 26: plant to lineFlared 37.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    42% · 15,806 mcf

  • Transmission line (2)

    42% · 15,738 mcf

  • Lease fuel (1)

    13% · 5,020 mcf

  • Flared (4)

    1.8% · 671 mcf

1.8% of the gas flared in the last 12 months. 8 months above 3%.

Who has run this lease

The operator changed once, most recently in Dec 2024

Operators of this lease over timeRio Oil and Gas (Permian) Ii,llc, Jan 2020 to Nov 2024; Eqv Operating LLC, Dec 2024 to Jul 20262020202120222023202420252026Changed Dec 2024Rio Oil and Gas (Permian) Ii,…Jan 2020 to Nov 2024Eqv Operating LLCDec 2024 to now
Operators of this lease over timeRio Oil and Gas (Permian) Ii,llc, Jan 2020 to Nov 2024; Eqv Operating LLC, Dec 2024 to Jul 20262020202120222023202420252026Changed Dec 2024Rio Oil and Gas (Permian) Ii,llcJan 2020 to Nov 2024Eqv Operating LLCDec 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on ALEXANDER STATE UNIT 58-2-24
API numberWell no.Status
42-389-376712HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCCondensateGathers100Dec 19, 2024–
Delaware Basin Midstream LLCGas-well gasBuys100Jan 1, 2024–
Delaware Basin Midstream LLCGas-well gasGathers100Jan 1, 2024–
Dk Trading & Supply, LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Enterprise Crude Oil LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Oryx Delaware Oil Transport LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Trafigura Trading LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Enterprise Crude Oil LLCCondensateGathers33.34Jan 1, 2020Jan 1, 2024
Lion Oil Trading & Trans, LLCCondensateGathers33.33Jan 1, 2020Jan 1, 2024

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

1,319.70 acres on the newest permit

Permits for Alexander State Unit 58-2-24
API numberWell no.Acreson the permit
42-389-376712H1,319.70

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for ALEXANDER STATE UNIT 58-2-24
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Eqv Operating6225906,6215,863330$80.46$2.89
Jun 2026Eqv Operating3353634,5414,1860$84.81$3.15
May 2026Eqv Operating6766613,4943,1780$102.13$2.94
Apr 2026Eqv Operating4304292,7592,5110$100.32$2.77
Mar 2026Eqv Operating4044101,6251,04857$91.38$3.04
Feb 2026Eqv Operating4794492,6582,026138$64.51$3.62
Jan 2026Eqv Operating3343531,552962124$60.04$7.72
Dec 2025Eqv Operating5555552,3481,8195$57.97$4.26
Nov 2025Eqv Operating4604933,8493,30817$60.06$3.79
Oct 2025Eqv Operating5175494,2473,7040$60.89$3.19
Sep 2025Eqv Operating2993013,2862,7500$63.96$2.97
Aug 2025Eqv Operating731622551890$64.86$2.91
Jul 2025Eqv Operating4424451,2927413$68.39$3.20
Jun 2025Eqv Operating7326491,389671170$68.17$3.02
May 2025Eqv Operating7868452,2721,27971$62.17$3.12
Apr 2025Eqv Operating4775211,32180825$63.54$3.42
Mar 2025Eqv Operating1,5461,5323,1711,9810$68.24$4.12
Feb 2025Eqv Operating1,5741,7026,4985,6062$71.53$4.19
Jan 2025Eqv Operating2,2592,1797,9406,834163$75.74$4.13
Dec 2024Eqv Operating2,4592,57710,7909,7337$70.12$3.01
Nov 2024Rio Oil4,3184,34817,35616,20117$69.95$2.12
Oct 2024Rio Oil9,3349,02629,16327,554332$71.99$2.20
Sep 2024Rio Oil15,43815,43758,10456,219452$70.24$2.28
Aug 2024Rio Oil1,4651,49711,70711,27711$76.68$1.99
Jul 2024Rio Oil2,5982,61925,82023,943910$81.80$2.07
Jun 2024Rio Oil2,6912,65931,49030,47228$79.77$2.54
May 2024Rio Oil2,4792,50619,55718,518213$80.02$2.12
Apr 2024Rio Oil2,4782,59719,15118,36725$85.35$1.60
Mar 2024Rio Oil3,6203,64235,55034,310211$81.28$1.49
Feb 2024Rio Oil3,7253,72330,03828,836164$77.25$1.72
Jan 2024Rio Oil4,0674,04527,44426,196252$74.15$3.18
Dec 2023Rio Oil4,0374,14030,03828,836164$71.90$2.52
Nov 2023Rio Oil4,5754,57428,80227,866126$77.69$2.71
Oct 2023Rio Oil8528505,6295,54824$85.64$2.98
Sep 2023Rio Oil1,6091,70917,53410,4566,597$89.43$2.64
Aug 2023Rio Oil3,9253,90625,18124,31648$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Phantom (Wolfcamp) field

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