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Texas oil lease

Producing

CAPE BUFFALO 12-11 B

Cape Buffalo 12-11 B is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

1 well

41,682bbl oil, last 12 months+5% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-58625

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
93,782 mcf
Oil in Jul 2026
4,209 bbl

Production by month

Oil output rose 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for CAPE BUFFALO 12-11 B, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 41,682 bbl in the 12 months through Jul 2026, against 39,634 bbl in the 12 months before.Last 12 months: 41,682 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for CAPE BUFFALO 12-11 B, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 41,682 bbl in the 12 months through Jul 2026, against 39,634 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 19.5% of the gas in Jan 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of CAPE BUFFALO 12-11 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 19.5% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: plant to lineFlared 19.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of CAPE BUFFALO 12-11 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 19.5% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Nov 25: plant to lineFlared 19.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    48% · 45,264 mcf

  • Transmission line (2)

    48% · 45,077 mcf

  • Flared (4)

    2.6% · 2,477 mcf

  • Lease fuel (1)

    1.0% · 964 mcf

2.6% of the gas flared in the last 12 months. 6 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeColgate Operating, LLC, Jun 2022 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262023202420252026Changed Jan 2023Colgate Operating, LLCJun 2022 to Dec 2022Permian Resources Operating,…Jan 2023 to now
Operators of this lease over timeColgate Operating, LLC, Jun 2022 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262023202420252026Changed Jan 2023Colgate Operating, LLCJun 2022 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 CAPE BUFFALO 12-11 B
API numberWell no.Status
42-389-39733222HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Jan 1, 2023–
Enterprise Products Operating LLCCasinghead gasBuys75Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys25Jan 1, 2023–
Enterprise Products Operating LLCCasinghead gasGathers75Jan 1, 2023–
Energy Transfer CompanyCasinghead gasGathers25Jan 1, 2023–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Jun 30, 2022Jan 1, 2023
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Jun 30, 2022Jan 1, 2023
Enterprise Crude Oil LLCOilGathers50Jun 30, 2022Jan 1, 2023
Oryx Delaware Oil Transport LLCOilGathers50Jun 30, 2022Jan 1, 2023

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

Who buys my oilOil price check

1,285.19 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • 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 Cape Buffalo 12-11 B
API numberWell no.Acreson the permit
42-389-39733222H1,285.19

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

Unit decimal checker

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 CAPE BUFFALO 12-11 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources4,2094,19911,14710,802218$80.46$2.89
Jun 2026Permian Resources1,5341,5193,1433,1070$84.81$3.15
May 2026Permian Resources2,8602,88510,51010,3990$102.13$2.94
Apr 2026Permian Resources2,8462,9899,9269,8290$100.32$2.77
Mar 2026Permian Resources3,0362,8606,7566,6750$91.38$3.04
Feb 2026Permian Resources4,7254,7535,8785,8090$64.51$3.62
Jan 2026Permian Resources3,4873,4946,8735,4581,342$60.04$7.72
Dec 2025Permian Resources4,2904,4777,4117,3370$57.97$4.26
Nov 2025Permian Resources5,4975,3147,7787,313387$60.06$3.79
Oct 2025Permian Resources3,1173,0787,0917,0200$60.89$3.19
Sep 2025Permian Resources2,9992,9858,5887,988530$63.96$2.97
Aug 2025Permian Resources3,0823,0778,6818,6040$64.86$2.91
Jul 2025Permian Resources3,0613,0958,9208,8500$68.39$3.20
Jun 2025Permian Resources2,7022,6699,0218,9550$68.17$3.02
May 2025Permian Resources2,9352,93511,17711,1060$62.17$3.12
Apr 2025Permian Resources2,9702,96111,18111,1130$63.54$3.42
Mar 2025Permian Resources2,7212,7447,9997,613324$68.24$4.12
Feb 2025Permian Resources2,7202,7164,6664,6070$71.53$4.19
Jan 2025Permian Resources3,2843,2716,5556,2790$75.74$4.13
Dec 2024Permian Resources3,1923,1856,7266,4910$70.12$3.01
Nov 2024Permian Resources3,6623,6558,9498,6360$69.95$2.12
Oct 2024Permian Resources4,0024,0018,6308,2730$71.99$2.20
Sep 2024Permian Resources4,2894,3158,0327,7160$70.24$2.28
Aug 2024Permian Resources4,0964,0545,0884,9141$76.68$1.99
Jul 2024Permian Resources1,3671,5122,2992,1841$81.80$2.07
Jun 2024Permian Resources3,7553,8068,4787,7621$79.77$2.54
May 2024Permian Resources5,2065,1554,4233,59919$80.02$2.12
Apr 2024Permian Resources4,0974,0695,7995,1200$85.35$1.60
Mar 2024Permian Resources3,6883,6855,3214,576170$81.28$1.49
Feb 2024Permian Resources3,5093,5685,6645,2061$77.25$1.72
Jan 2024Permian Resources4,4704,4706,0265,40816$74.15$3.18
Dec 2023Permian Resources5,0915,2686,9096,4054$71.90$2.52
Nov 2023Permian Resources5,3985,4868,6188,0410$77.69$2.71
Oct 2023Permian Resources5,9525,80111,88111,1230$85.64$2.98
Sep 2023Permian Resources7,4557,36810,2758,633880$89.43$2.64
Aug 2023Permian Resources5,6175,5989,4288,6470$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

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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