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Texas oil lease

Producing

BARRACUDA C

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

1 well

3,066bbl oil, last 12 months−74% vs prior year
RRC lease
08-52903

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
19,848 mcf
Oil in Jul 2026
1 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.

  • Sales

    Sales over the last 3 months fell to 0% of the 9 months before.

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

See why checks stop on this lease

Production by month

Oil output fell 74% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 74% over the last 12 monthsMonthly oil production and gas for BARRACUDA C, Aug 2023 to Jul 2026. Oil output fell 74% over the last 12 months. 3,066 bbl in the 12 months through Jul 2026, against 11,924 bbl in the 12 months before.Last 12 months: 3,066 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 74% over the last 12 monthsMonthly oil production and gas for BARRACUDA C, Aug 2023 to Jul 2026. Oil output fell 74% over the last 12 months. 3,066 bbl in the 12 months through Jul 2026, against 11,924 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kJan 24JulJan 25JulJan 26Jul

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 12.5% of the gas in Dec 2025.

  • Transmission line (2)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of BARRACUDA C gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 12.5% of the gas in Dec 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 12.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of BARRACUDA C gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 12.5% of the gas in Dec 2025.Share of gas by disposition code0%50%100%Flared 12.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 66,382 mcf

  • Flared (4)

    1.9% · 1,259 mcf

1.9% of the gas flared in the last 12 months. 7 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating,…Jan 2023 to now
Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BARRACUDA C
API numberWell no.Status
42-389-36665U 31HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers49May 1, 2026–
Plains Pipeline L.p.OilGathers49May 1, 2026–
Enterprise Crude Oil LLCOilGathers2May 1, 2026–
Kinetik Holdings LPCasinghead gasBuys100May 1, 2026–
Kinetik Holdings LPCasinghead gasGathers100May 1, 2026–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Aug 14, 2019May 1, 2026
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Aug 14, 2019May 1, 2026
Oryx Delaware Oil Transport LLCOilGathers100Jan 1, 2020May 1, 2026
Oryx So. Delaware Ogt LLCOilGathers100Aug 14, 2019Jan 1, 2020

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

1,240 acres on the newest permit

An allocation well is on this lease

Permits for Barracuda C
API numberWell no.Acreson the permit
42-389-36665U 31H1,240

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

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 BARRACUDA C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources11000$80.46$2.89
Jun 2026Permian Resources11000$84.81$3.15
May 2026Permian Resources22000$102.13$2.94
Apr 2026Permian Resources11000$100.32$2.77
Mar 2026Permian Resources00000$91.38$3.04
Feb 2026Permian Resources00000$64.51$3.62
Jan 2026Permian Resources00000$60.04$7.72
Dec 2025Permian Resources0032284$57.97$4.26
Nov 2025Permian Resources374220$60.06$3.79
Oct 2025Permian Resources9529336,0635,516547$60.89$3.19
Sep 2025Permian Resources1,0491,0456,7486,599149$63.96$2.97
Aug 2025Permian Resources1,0571,0367,0037,0030$64.86$2.91
Jul 2025Permian Resources9549656,5856,56916$68.39$3.20
Jun 2025Permian Resources8948956,4376,41819$68.17$3.02
May 2025Permian Resources9969846,7386,528210$62.17$3.12
Apr 2025Permian Resources1,0061,0286,6836,60974$63.54$3.42
Mar 2025Permian Resources1,1121,1057,4317,238193$68.24$4.12
Feb 2025Permian Resources9099096,5916,58011$71.53$4.19
Jan 2025Permian Resources1,3361,3267,3287,29236$75.74$4.13
Dec 2024Permian Resources1,1511,1487,6117,57932$70.12$3.01
Nov 2024Permian Resources8578695,9715,9710$69.95$2.12
Oct 2024Permian Resources9199145,8795,8790$71.99$2.20
Sep 2024Permian Resources9089215,4255,4250$70.24$2.28
Aug 2024Permian Resources8828685,5395,52910$76.68$1.99
Jul 2024Permian Resources9259155,6635,64716$81.80$2.07
Jun 2024Permian Resources9991,0285,9425,93210$79.77$2.54
May 2024Permian Resources1,4181,4098,1288,04682$80.02$2.12
Apr 2024Permian Resources1,1001,1097,0706,836234$85.35$1.60
Mar 2024Permian Resources1,5701,5948,3448,069275$81.28$1.49
Feb 2024Permian Resources1,6421,6278,0007,98515$77.25$1.72
Jan 2024Permian Resources1,7491,7518,6138,60112$74.15$3.18
Dec 2023Permian Resources2,0082,0198,2517,716535$71.90$2.52
Nov 2023Permian Resources2,3242,3118,8988,8980$77.69$2.71
Oct 2023Permian Resources2,3502,3499,7129,382330$85.64$2.98
Sep 2023Permian Resources2,3792,42010,1149,928186$89.43$2.64
Aug 2023Permian Resources2,7262,71010,73910,462277$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

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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