Texas oil lease
ProducingCANDLESTICK 212
Candlestick 212 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- RRC lease
- 08-47092
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 13,893 mcf
- Oil in Jul 2026
- 453 bbl
Production by month
Oil output fell 24% 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
95% of the gas went to a transmission line in the last 12 months
Flaring peaked at 33.4% of the gas in Apr 2026.
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
95% · 13,206 mcf
Flared (4)
4.9% · 687 mcf
4.9% of the gas flared in the last 12 months. 3 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Jan 2023
- Permian Resources Operating, LLC Jan 2023 to now
- Centennial Resource Prod, LLC Sep 2020 to Dec 2022
- Primexx Operating Corporation Jan 2020 to Aug 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-34740 | 11H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Rio Energy International, Inc. | Oil | Gathers | 100 | Oct 7, 2020 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Sep 1, 2020 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Apr 1, 2018 | – |
| Pilot Travel Centers LLC | Oil | Gathers | 100 | Sep 1, 2020 | Oct 7, 2020 |
| Etc Texas P/L, LTD | Casinghead gas | Buys | 100 | Apr 1, 2018 | Sep 1, 2020 |
| Bridger Transportation, LLC | Oil | Gathers | 100 | Apr 1, 2018 | Sep 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | 453 | 307 | 1,299 | 1,299 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 406 | 561 | 1,238 | 1,238 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 481 | 572 | 1,360 | 1,360 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 464 | 362 | 1,061 | 707 | 354 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 419 | 369 | 876 | 799 | 77 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 475 | 389 | 1,014 | 758 | 256 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 489 | 575 | 1,019 | 1,019 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 474 | 383 | 1,002 | 1,002 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 487 | 564 | 1,103 | 1,103 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 531 | 567 | 1,238 | 1,238 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 521 | 590 | 1,299 | 1,299 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 589 | 567 | 1,384 | 1,384 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 531 | 365 | 1,057 | 1,057 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 526 | 543 | 942 | 942 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 519 | 549 | 1,163 | 1,163 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 567 | 551 | 1,186 | 1,186 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 664 | 553 | 1,033 | 1,033 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 623 | 703 | 997 | 997 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 661 | 728 | 1,029 | 1,029 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 727 | 876 | 1,090 | 1,090 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 550 | 701 | 755 | 755 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 674 | 545 | 596 | 596 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 796 | 876 | 831 | 831 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 757 | 887 | 796 | 796 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 858 | 1,056 | 620 | 620 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 909 | 559 | 870 | 870 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 1,034 | 1,052 | 928 | 928 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 1,685 | 1,625 | 1,711 | 1,711 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 383 | 375 | 834 | 834 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 590 | 681 | 1,237 | 1,237 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 621 | 569 | 1,374 | 1,374 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 638 | 563 | 1,455 | 1,455 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 679 | 754 | 1,491 | 1,491 | 0 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 607 | 739 | 1,437 | 1,437 | 0 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 733 | 562 | 1,685 | 1,685 | 0 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 654 | 549 | 1,681 | 1,681 | 0 | $81.39 | $2.58 |
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
Permian Resources Operating, LLC in Reeves County
- KNIGHT 4-51
126,607 mcf
- CABRITO STATE
28,761 mcf
- CHAPMAN STATE 32-41-1S
5,013 bbl
- OLD VIC 1
6,378 bbl
- GAZELLE 23
6,086 bbl
- CARPENTER STATE A
5,370 bbl
- HIGHLANDER EAST DEEP
77,721 mcf
- HIGHLANDER C
4,387 bbl
- STEPHENS A
4,924 bbl
- BODKINS, J. D. #2
140,544 mcf
Wolfbone (Trend Area) field
- PEDERNALES 292-293E
6,112 bbl
- CHAPMAN STATE 32-41-1S
5,013 bbl
- SHERIFF WOODY UNIT A 10
5,704 bbl
- OLD VIC 1
6,378 bbl
- IRON MIKE 40SE
4,759 bbl
- MEDINA STATE UNIT 15-17
5,178 bbl
- GAZELLE 23
6,086 bbl
- MAN O WAR 26 UNIT B
5,924 bbl
- KLIPSPRINGER STATE 24 W2
5,002 bbl
- CHEETAH "11"
6,010 bbl
Leases within 10 km
- ADOBE CHEVELLE D
103,426 bbl · 0.5 km
- ADOBE CHEVELLE C
61,485 bbl · 0.5 km
- BELL-CAPPS UNIT 214H
47,497 bbl · 0.6 km
- RED CREST
20,442 bbl · 0.6 km
- CARPENTER STATE
22 bbl · 0.8 km
- BELL-CAPPS UNIT 214W
28,716 bbl · 0.9 km
- BLUE CREST
5,299 bbl · 1 km
- ADOBE CHEVELLE B
74,651 bbl · 1.3 km
- ADOBE CHEVELLE A
87,859 bbl · 1.3 km
- ADOBE E
1,097 bbl · 1.3 km
Drilling permits within 10 km
CAYENNE PEPPER WA #3H
new drill · horizontal · Perun Energy LLC · Reeves County · 9.9 km
Permit 0918785 · Sep 18, 2026
VIPERFISH UNIT A #1WA
new drill · horizontal · Petroplex Energy Inc. · Reeves County · 8.6 km
Permit 0918110 · Aug 28, 2026
VIPERFISH UNIT B #2WB
new drill · horizontal · Petroplex Energy Inc. · Reeves County · 8.6 km
Permit 0918112 · Aug 28, 2026
VIPERFISH UNIT A #3BS
new drill · horizontal · Petroplex Energy Inc. · Reeves County · 8.6 km
Permit 0918111 · Aug 28, 2026
HATCH WB #1UH
new drill · horizontal · Perun Energy LLC · Reeves County · 9.9 km
Permit 0917435 · Jul 28, 2026