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Texas oil lease

Producing

BLAZER 1

Blazer 1 is an oil lease in Reeves County, Texas, operated by Pbex Operations, LLC in the Phantom (Wolfcamp) field.

1 well

23,192bbl oil, since Mar 2026
Operator
Pbex Operations, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-65120

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, since Mar 2026
255,618 mcf
Oil in Jul 2026
3,678 bbl

Production by month

Oil output over 5 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 5 reported monthsMonthly oil production and gas for BLAZER 1, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 25Jan 26AprJul
Oil output over 5 reported monthsMonthly oil production and gas for BLAZER 1, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

49% of the gas went to flaring in the 5 months reported

Flaring peaked at 97.1% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
49% of the gas went to flaring in the 5 months reportedShare of BLAZER 1 gas by disposition code each month, Mar 2026 to Jul 2026. 49% of the gas went to flaring in the 5 months reported. Flaring peaked at 97.1% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 97.1%Oct 25Jan 26AprJul
49% of the gas went to flaring in the 5 months reportedShare of BLAZER 1 gas by disposition code each month, Mar 2026 to Jul 2026. 49% of the gas went to flaring in the 5 months reported. Flaring peaked at 97.1% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 97.1%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    49% · 126,115 mcf

  • Transmission line (2)

    44% · 111,504 mcf

  • Lease fuel (1)

    7.0% · 17,999 mcf

49.3% of the gas flared in the 5 months reported. 5 months above 3%.

1 well on this lease

Wells on BLAZER 1
API numberWell no.Status
42-389-41935602HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Delaware Oil Transport LLCOilGathers100Mar 16, 2026
Delaware Basin Midstream LLCCasinghead gasBuys100Mar 16, 2026
Delaware Basin Midstream LLCCasinghead gasGathers100Mar 16, 2026

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

Who buys my oilOil price check

643.43 acres on the newest permit

Permits for Blazer 1
API numberWell no.Acreson the permit
42-389-41935602H643.43

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

Unit decimal checker

Estimate your royalty

5 months, newest first

Ledger for BLAZER 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,6783,62845,40414,58429,342$80.46$2.89
Jun 20264,2274,17454,804053,236$84.81$3.15
May 20265,4895,47964,06226,46436,002$102.13$2.94
Apr 20266,8606,61465,03851,4984,812$100.32$2.77
Mar 20262,9382,76426,31018,9582,723$91.38$3.04

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

OperatorPbex Operations, LLCFieldPhantom (Wolfcamp)CountyReeves County

Pbex Operations, LLC in Reeves County

No other producing leases from this operator in this county are in our data yet.

Phantom (Wolfcamp) field

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