Texas oil lease
ProducingBALMORHEA STATE G
Balmorhea State G is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-50568
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 9,528 mcf
- Oil in Jul 2026
- 423 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on May 1, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 35% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
98% of the gas went to a transmission line in the last 12 months
Flaring peaked at 29.6% of the gas in Nov 2023.
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 9,301 mcf
Flared (4)
2.4% · 227 mcf
2.4% of the gas flared in the last 12 months. 3 months above 3%.
Who has run this lease
The operator changed once, most recently in Jan 2023
- Permian Resources Operating, LLC Jan 2023 to now
- Centennial Resource Prod, LLC Jan 2020 to Dec 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-36441 | 8H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Plains Pipeline L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 2 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Buys | 100 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | May 1, 2026 | – |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Gathers | 100 | Jun 1, 2018 | May 1, 2026 |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Buys | 100 | Jun 1, 2018 | May 1, 2026 |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 100 | Jan 1, 2020 | May 1, 2026 |
| Oryx So. Delaware Ogt LLC | Oil | Gathers | 100 | Jun 1, 2018 | Jan 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
835.48 acres on the newest permit
- Worth asking
A production sharing agreement well is on this lease
A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-36441 | 8H | Nov 17, 2017 | Jun 1, 2018 | 835.48 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 423 | 605 | 1,030 | 1,030 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 439 | 299 | 919 | 919 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 470 | 317 | 1,065 | 965 | 100 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 438 | 332 | 1,104 | 1,104 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 422 | 458 | 967 | 967 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 450 | 511 | 923 | 923 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 519 | 447 | 1,082 | 955 | 127 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 684 | 857 | 666 | 666 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 185 | 137 | 77 | 77 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 114 | 170 | 308 | 308 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 482 | 289 | 1,373 | 1,373 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 0 | 140 | 14 | 14 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 631 | 628 | 2,398 | 2,398 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 652 | 747 | 2,667 | 2,667 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 684 | 637 | 2,654 | 2,654 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 667 | 859 | 1,890 | 1,890 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 308 | 174 | 1,552 | 1,552 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 518 | 329 | 1,658 | 1,658 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 653 | 764 | 2,307 | 2,307 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 874 | 833 | 2,100 | 2,100 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 523 | 475 | 2,102 | 2,102 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 760 | 671 | 1,913 | 1,913 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 170 | 337 | 553 | 553 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 627 | 491 | 1,935 | 1,935 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 3 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 11 | 0 | 3 | 3 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 395 | 545 | 2,039 | 2,039 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 536 | 441 | 2,589 | 2,589 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 544 | 447 | 3,118 | 3,118 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 567 | 754 | 3,320 | 3,320 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 604 | 514 | 3,613 | 3,613 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 564 | 461 | 3,410 | 3,410 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 522 | 639 | 3,859 | 2,715 | 1,144 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 642 | 514 | 3,723 | 3,723 | 0 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 599 | 696 | 3,297 | 3,297 | 0 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 376 | 407 | 2,664 | 2,664 | 0 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reeves County
- BARRACUDA A
4,644 bbl
- LYDA 33-40-1S STATE
5,263 bbl
- CHALLENGER STATE
4,655 bbl
- PARKER E
3,246 bbl
- JORDAN 51-16
4,943 bbl
- F SCOTT
114,315 mcf
- RIALTO 23
4,800 bbl
- RED ROCK 6-6
4,183 bbl
- WALKER STATE 28
4,574 bbl
- DONALDSON 4-54
76,774 mcf
Phantom (Wolfcamp) field
- CHALLENGER STATE
4,655 bbl
- MAGPIE UNIT
14,119 mcf
- SANDLOT STATE
68,001 mcf
- STATE CREEK 17-8 UNIT
28,637 mcf
- PARKER E
3,246 bbl
- MAGIC STATE 56-3-39 UNIT
12,822 mcf
- RED BLUFF 13
17,477 mcf
- MUSTANG STATE UNIT
50,556 mcf
- SILVERTIP 76-14 UNIT U
4,581 bbl
- GRIZZLY BEAR 7780 2U
4,385 bbl
Leases within 10 km
- BALMORHEA STATE H
2,359 bbl · 0 km
- BALMORHEA STATE I
2,136 bbl · 0 km
- BALMORHEA STATE L
18,628 bbl · 0.1 km
- DOC HOLLIDAY STATE 34-43 UNIT
219,879 bbl · 0.2 km
- PALADIN 43
0 bbl · 0.2 km
- BALMORHEA RANCH -244-
0 bbl · 0.7 km
- REEVES STATE 44
0 bbl · 0.7 km
- BALMORHEA RANCH 41
6 bbl · 0.8 km
- J.T. MORRIS WEST A
132,183 bbl · 0.8 km
- J.T. MORRIS WEST B
122,460 bbl · 0.8 km
Drilling permits within 10 km
LOCH NESS STATE D #4H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.9 km
Permit 0917509 · Aug 5, 2026
LOCH NESS STATE C #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5 km
Permit 0917506 · Aug 5, 2026
LOCH NESS STATE B #2H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5 km
Permit 0917505 · Aug 5, 2026
LOCH NESS STATE E #5H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.9 km
Permit 0917513 · Aug 5, 2026
LOCH NESS STATE A #1H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5 km
Permit 0917503 · Aug 5, 2026