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Texas gas well

Producing

BULLEIT 12-15-16 UNIT

Bulleit 12-15-16 Unit is a gas well in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

1 well

180,400mcf gas, last 12 months−13% vs prior year
RRC lease
08-289485

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
3,716 bbl
Gas in Jul 2026
16,838 mcf

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 gas wells on May 1, 2026.

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 13% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for BULLEIT 12-15-16 UNIT, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 180,400 mcf in the 12 months through Jul 2026, against 208,407 mcf in the 12 months before.Last 12 months: 180,400 mcfmcf per monthbbl per month0010k25020k50030k75040k1,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for BULLEIT 12-15-16 UNIT, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 180,400 mcf in the 12 months through Jul 2026, against 208,407 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k25020k50030k75040k1,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 20.2% of the gas in Jan 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of BULLEIT 12-15-16 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 20.2% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: fuel to lineFlared 20.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuelShare of BULLEIT 12-15-16 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 20.2% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Feb 25: fuel to lineFlared 20.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 179,055 mcf

  • Flared (4)

    0.5% · 832 mcf

  • Lease fuel (1)

    0.3% · 513 mcf

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

Who has run this lease

The operator changed 2 times, most recently in Mar 2023

Operators of this lease over timeLuxe Operating LLC, Mar 2020 to May 2021; Colgate Operating, LLC, Jun 2021 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 2026202120222023202420252026Changed Jun 2021Changed Mar 2023Luxe Operating LLCMar 2020 to May 2021Colgate Operating, LLCJun 2021 to Feb 2023Permian Resources Operating,…Mar 2023 to now
Operators of this lease over timeLuxe Operating LLC, Mar 2020 to May 2021; Colgate Operating, LLC, Jun 2021 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 2026202120222023202420252026Changed Jun 2021Changed Mar 2023Luxe Operating LLCMar 2020 to May 2021Colgate Operating, LLCJun 2021 to Feb 2023Permian Resources Operating, LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BULLEIT 12-15-16 UNIT
API numberWell no.Status
42-389-388752HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.CondensateGathers49May 1, 2026–
Plains Pipeline L.p.CondensateGathers49May 1, 2026–
Enterprise Crude Oil LLCCondensateGathers2May 1, 2026–
Kinetik Holdings LPGas-well gasBuys100May 1, 2026–
Kinetik Holdings LPGas-well gasGathers100May 1, 2026–
Enterprise Crude Oil LLCCondensateGathers50Mar 9, 2020May 1, 2026
Oryx Delaware Oil Transport LLCCondensateGathers50Mar 9, 2020May 1, 2026
Eagleclaw Midstream Ventures,llcGas-well gasGathers100Mar 9, 2020May 1, 2026
Eagleclaw Midstream Ventures,llcGas-well gasBuys100Mar 9, 2020May 1, 2026

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

1,488.28 acres on the newest permit

  • 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.

Check your decimal on this lease
Permits for Bulleit 12-15-16 Unit
API numberWell no.Acreson the permit
42-389-388752H1,488.28

SourceRailroad Commission drilling permits, Oct 3, 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 BULLEIT 12-15-16 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources39940816,83816,712126$80.46$2.89
Jun 2026Permian Resources29430013,71513,6110$84.81$3.15
May 2026Permian Resources33930616,37316,22721$102.13$2.94
Apr 2026Permian Resources22525217,03816,97620$100.32$2.77
Mar 2026Permian Resources34032717,82017,76456$91.38$3.04
Feb 2026Permian Resources37239918,24118,088153$64.51$3.62
Jan 2026Permian Resources33029516,04515,865180$60.04$7.72
Dec 2025Permian Resources29227515,19615,1960$57.97$4.26
Nov 2025Permian Resources101989,2839,26419$60.06$3.79
Oct 2025Permian Resources921303,5403,5303$60.89$3.19
Sep 2025Permian Resources43943717,90917,615175$63.96$2.97
Aug 2025Permian Resources49351718,40218,20779$64.86$2.91
Jul 2025Permian Resources62561819,02418,9040$68.39$3.20
Jun 2025Permian Resources52950318,52418,32285$68.17$3.02
May 2025Permian Resources57361820,18120,0570$62.17$3.12
Apr 2025Permian Resources57555919,22519,1060$63.54$3.42
Mar 2025Permian Resources73371320,17120,01043$68.24$4.12
Feb 2025Permian Resources54457616,62816,51716$71.53$4.19
Jan 2025Permian Resources531503114023$75.74$4.13
Dec 2024Permian Resources62262319,96819,8610$70.12$3.01
Nov 2024Permian Resources60458118,48618,31582$69.95$2.12
Oct 2024Permian Resources48549618,86318,7750$71.99$2.20
Sep 2024Permian Resources48348717,17917,09312$70.24$2.28
Aug 2024Permian Resources69168820,04419,90739$76.68$1.99
Jul 2024Permian Resources72170521,26621,1715$81.80$2.07
Jun 2024Permian Resources68769720,65020,5622$79.77$2.54
May 2024Permian Resources73072322,74422,6530$80.02$2.12
Apr 2024Permian Resources82782822,23922,1590$85.35$1.60
Mar 2024Permian Resources85789631,86831,71438$81.28$1.49
Feb 2024Permian Resources67665717,73117,6740$77.25$1.72
Jan 2024Permian Resources71972522,09822,0200$74.15$3.18
Dec 2023Permian Resources77573422,12222,0480$71.90$2.52
Nov 2023Permian Resources81482022,22322,1500$77.69$2.71
Oct 2023Permian Resources82787523,53823,2860$85.64$2.98
Sep 2023Permian Resources76271921,84521,2270$89.43$2.64
Aug 2023Permian Resources80980323,12522,4910$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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