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Texas oil lease

Producing

BUZZARD SOUTH 6972

Buzzard South 6972 is an oil lease in Reeves County, Texas, operated by PDC Permian, Inc. in the Phantom (Wolfcamp) field.

3 wells

19,822bbl oil, last 12 months−27% vs prior year
RRC lease
08-49225

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
256,969 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for BUZZARD SOUTH 6972, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 19,822 bbl in the 12 months through Jul 2026, against 27,015 bbl in the 12 months before.Last 12 months: 19,822 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for BUZZARD SOUTH 6972, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 19,822 bbl in the 12 months through Jul 2026, against 27,015 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 19.1% of the gas in Oct 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of BUZZARD SOUTH 6972 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 19.1% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 19.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of BUZZARD SOUTH 6972 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 19.1% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 19.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 265,625 mcf

  • Flared (4)

    1.3% · 3,390 mcf

1.3% of the gas flared in the last 12 months. 2 months above 3%.

3 wells on this lease

Wells on BUZZARD SOUTH 6972
API numberWell no.Status
42-389-35934B 1HActive
42-389-38720A 3HActive
42-389-38721A 4HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Badlands Tank Lines, LLCOilGathers50Nov 7, 2022–
Oryx Delaware Oil Transport LLCOilGathers50Nov 7, 2022–
Kinetik Holdings LPCasinghead gasBuys100Jan 1, 2024–
Kinetik Holdings LPCasinghead gasGathers100Jan 1, 2024–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Jun 1, 2018Jan 1, 2024
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Jun 1, 2018Jan 1, 2024
Pilot Travel Centers LLCOilGathers100Oct 1, 2019Nov 7, 2022
Badlands Tank Lines, LLCOilGathers50Jun 1, 2019Oct 1, 2019
Bridger Transportation, LLCOilGathers50Jun 1, 2018Oct 1, 2019
Badlands Tank Lines, LLCOilGathers25Jun 1, 2018Jun 1, 2019

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

320.98 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one 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 Buzzard South 6972
API numberWell no.Acreson the permit
42-389-38721A 4H320.98
42-389-38720A 3H320.98
42-389-35934B 1H320.98

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

Estimate your royalty

36 months, newest first

Ledger for BUZZARD SOUTH 6972
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 20263926145,9335,9330$84.81$3.15
May 20261,5901,48430,31030,3100$102.13$2.94
Apr 20262,1112,12134,78234,7820$100.32$2.77
Mar 20261,7252,01033,33433,3340$91.38$3.04
Feb 20262,0751,93336,53136,5310$64.51$3.62
Jan 20262,0372,03130,26130,2610$60.04$7.72
Dec 20252,2682,21332,88932,8890$57.97$4.26
Nov 20251,9551,98812,73812,7380$60.06$3.79
Oct 20252,1842,19217,75514,3673,388$60.89$3.19
Sep 20251,7841,82412,28312,2812$63.96$2.97
Aug 20251,7011,58810,15310,1530$64.86$2.91
Jul 20251,9601,91212,04612,0460$68.39$3.20
Jun 20252,2362,10516,47016,4700$68.17$3.02
May 20252,2272,16517,16017,1600$62.17$3.12
Apr 20252,2752,57415,73715,7370$63.54$3.42
Mar 20252,6632,68617,97517,9750$68.24$4.12
Feb 20252,5192,46416,13716,1370$71.53$4.19
Jan 20252,2542,15312,92012,9200$75.74$4.13
Dec 20242,4592,44615,87915,8790$70.12$3.01
Nov 20242,3762,46213,87713,8761$69.95$2.12
Oct 20242,1481,93912,43512,4350$71.99$2.20
Sep 20241,7131,9298,8558,582273$70.24$2.28
Aug 20242,1852,06910,55810,40415$76.68$1.99
Jul 20242,4992,61214,92114,8310$81.80$2.07
Jun 20242,0881,97510,30210,3020$79.77$2.54
May 20242,2382,14310,0449,9420$80.02$2.12
Apr 20241,6121,6608,0667,8840$85.35$1.60
Mar 20241,9622,0228,6918,3902$81.28$1.49
Feb 20242,4192,29911,72711,7170$77.25$1.72
Jan 20241,7561,8189,3509,20022$74.15$3.18
Dec 20232,3502,40810,77310,69220$71.90$2.52
Nov 20232,4492,39810,97210,95715$77.69$2.71
Oct 20232,3772,37411,15411,1513$85.64$2.98
Sep 20232,4822,47914,07114,0692$89.43$2.64
Aug 20232,4262,46611,53711,3404$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

PDC Permian, Inc. in Reeves County

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