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ARGENTINE 71

Argentine 71 is an oil lease in Reeves County, Texas, operated by PDC Permian, Inc. in the Phantom (Wolfcamp) field.

1 well

11,706bbl oil, last 12 months−21% vs prior year
Operator
PDC Permian, Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-48782

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
36,177 mcf
Oil in Jul 2026
1,026 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for ARGENTINE 71, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 11,706 bbl in the 12 months through Jul 2026, against 14,868 bbl in the 12 months before.Last 12 months: 11,706 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for ARGENTINE 71, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 11,706 bbl in the 12 months through Jul 2026, against 14,868 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.0% of the gas in Feb 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of ARGENTINE 71 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.0% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of ARGENTINE 71 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.0% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Flared 5.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 36,012 mcf

  • Flared (4)

    0.5% · 165 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on ARGENTINE 71
API numberWell no.Status
42-389-352651HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Badlands Tank Lines, LLCOilGathers50Jan 1, 2024–
Oryx Delaware Oil Transport LLCOilGathers50Jan 1, 2024–
Kinetik Holdings LPCasinghead gasBuys100Jan 1, 2024–
Kinetik Holdings LPCasinghead gasGathers100Jan 1, 2024–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Dec 1, 2018Jan 1, 2024
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Dec 12, 2016Jan 1, 2024
Badlands Tank Lines, LLCOilGathers100Nov 7, 2022Jan 1, 2024
Pilot Travel Centers LLCOilGathers50Nov 1, 2020Nov 7, 2022
Rocky Mountain Crude Oil LLCOilGathers50Nov 1, 2020Nov 7, 2022
Pilot Travel Centers LLCOilGathers100Oct 1, 2019Nov 1, 2020

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

Who buys my oilOil price check

640 acres on the newest permit

Check your decimal on this lease
Permits for Argentine 71
API numberWell no.Acreson the permit
42-389-352651H640

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

Unit decimal checker

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36 months, newest first

Ledger for ARGENTINE 71
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0261,1194,8654,8650$80.46$2.89
Jun 20261,1039474,4164,4151$84.81$3.15
May 20261,1861,1614,7264,7242$102.13$2.94
Apr 20261,0721,1593,2313,2301$100.32$2.77
Mar 20261,1279313,5303,5291$91.38$3.04
Feb 20268849582,2742,161113$64.51$3.62
Jan 20263335731,5211,5147$60.04$7.72
Dec 20251,3391,3343,0953,06728$57.97$4.26
Nov 20256293691,6751,66411$60.06$3.79
Oct 20255769201,5161,5160$60.89$3.19
Sep 20251,1781,2882,5692,5681$63.96$2.97
Aug 20251,2531,0912,7592,7590$64.86$2.91
Jul 20251,2119473,1483,1399$68.39$3.20
Jun 20259351,4882,5672,54720$68.17$3.02
May 20251,3199544,0043,93470$62.17$3.12
Apr 20251,0181,1422,6002,57921$63.54$3.42
Mar 20251,2129605,0415,02120$68.24$4.12
Feb 20251,3391,5054,6174,6125$71.53$4.19
Jan 20251,2831,1363,5463,53412$75.74$4.13
Dec 20241,2701,3312,8882,8835$70.12$3.01
Nov 20241,0491,1428628620$69.95$2.12
Oct 20241,4301,4912,6492,6490$71.99$2.20
Sep 20241,3719363,5102,9980$70.24$2.28
Aug 20241,4311,4963,0952,7110$76.68$1.99
Jul 20241,4501,6774,0893,8574$81.80$2.07
Jun 20241,2311,1023,7083,46019$79.77$2.54
May 20241,4471,4614,2424,1399$80.02$2.12
Apr 20241,3841,2863,6023,5271$85.35$1.60
Mar 20241,3971,4974,2524,0840$81.28$1.49
Feb 20241,4411,5184,6384,6120$77.25$1.72
Jan 20241,6621,8965,4235,3958$74.15$3.18
Dec 20231,7071,4875,0504,99616$71.90$2.52
Nov 20231,3491,3334,0313,9270$77.69$2.71
Oct 20231,7131,6845,3675,3410$85.64$2.98
Sep 20231,6821,6834,7884,7690$89.43$2.64
Aug 20231,8211,8324,9724,9660$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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This lease belongs to

OperatorPDC Permian, Inc.FieldPhantom (Wolfcamp)CountyReeves County

PDC Permian, Inc. in Reeves County

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