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Texas oil lease

Producing

CAROLINA REAPER STATE UNIT B-4

Carolina Reaper State Unit B-4 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Hoefs T-K (Wolfcamp) field.

1 well

18,668bbl oil, last 12 months−20% vs prior year
Operator
Noble Energy Inc
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-52293

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
30,423 mcf
Oil in Jul 2026
1,548 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for CAROLINA REAPER STATE UNIT B-4, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 18,668 bbl in the 12 months through Jul 2026, against 23,245 bbl in the 12 months before.Last 12 months: 18,668 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,0002,50010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for CAROLINA REAPER STATE UNIT B-4, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 18,668 bbl in the 12 months through Jul 2026, against 23,245 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,0002,50010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.0% of the gas in Jun 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of CAROLINA REAPER STATE UNIT B-4 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.0% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of CAROLINA REAPER STATE UNIT B-4 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.0% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 4.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 28,417 mcf

  • Lease fuel (1)

    3.9% · 1,175 mcf

  • Transmission line (2)

    1.9% · 575 mcf

  • Flared (4)

    0.8% · 256 mcf

0.8% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on CAROLINA REAPER STATE UNIT B-4
API numberWell no.Status
42-389-3777110HLActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers25Oct 1, 2024–
Et Gathering & Processing LLCOilGathers25Oct 1, 2024–
Noble Energy INCOilGathers25Oct 1, 2024–
Plains Marketing, L.p.OilGathers25Oct 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Oct 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys50Oct 1, 2024–
Noble Energy INCCasinghead gasGathers100Oct 1, 2024–
Energy Transfer CompanyCasinghead gasGathers50May 4, 2019Oct 1, 2024
Noble Energy INCCasinghead gasGathers50Jan 1, 2023Oct 1, 2024
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023Oct 1, 2024
Noble Energy INCOilGathers50Jan 1, 2023Oct 1, 2024
Plains Marketing, L.p.OilGathers50Jan 1, 2023Oct 1, 2024
Etc Texas P/L, LTDCasinghead gasBuys100May 4, 2019Oct 1, 2023

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

Who buys my oilOil price check

640 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 Carolina Reaper State Unit B-4
API numberWell no.Acreson the permit
42-389-3777110HL640

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

Unit decimal checker

What Chevron Corporation told investors it received

Noble Energy Inc is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for CAROLINA REAPER STATE UNIT B-4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,5481,5482,1031,9602$80.46$2.89
Jun 20268238231,0099715$84.81$3.15
May 20261,4401,4401,9591,8758$102.13$2.94
Apr 20261,3241,3241,8931,8240$100.32$2.77
Mar 20261,2011,2012,2122,1550$91.38$3.04
Feb 20261,6431,6435,0724,9373$64.51$3.62
Jan 20261,5411,5412,5712,4525$60.04$7.72
Dec 20251,7691,7693,5593,35148$57.97$4.26
Nov 20252,2352,2353,4653,27951$60.06$3.79
Oct 20251,9271,9272,5302,39436$60.89$3.19
Sep 20251,7471,7472,6362,48354$63.96$2.97
Aug 20251,4701,4701,4141,31144$64.86$2.91
Jul 20251,9261,9263,7713,53492$68.39$3.20
Jun 20252,0852,0852,6062,413103$68.17$3.02
May 20251,6901,6901,5161,40650$62.17$3.12
Apr 20252,1482,1482,5332,35066$63.54$3.42
Mar 20252,0532,0533,4033,24314$68.24$4.12
Feb 20251,9191,9193,5313,29868$71.53$4.19
Jan 20251,9971,9972,4552,29344$75.74$4.13
Dec 20242,0012,0012,4902,29946$70.12$3.01
Nov 20241,8201,8204,1413,62978$69.95$2.12
Oct 20241,9881,9882,3722,08148$71.99$2.20
Sep 20241,6881,6882,4342,18746$70.24$2.28
Aug 20241,9301,9302,9222,64159$76.68$1.99
Jul 20241,9031,9031,2831,18425$81.80$2.07
Jun 20241,2921,292000$79.77$2.54
May 20242,0402,0401,7391,59219$80.02$2.12
Apr 20242,0892,0892,3642,32714$85.35$1.60
Mar 20242,3472,3473,4763,27579$81.28$1.49
Feb 20241,8941,894000$77.25$1.72
Jan 20241,4571,4572,1572,0729$74.15$3.18
Dec 20232,1772,1771,6321,55617$71.90$2.52
Nov 20232,1132,1139849427$77.69$2.71
Oct 20231,8451,8453483342$85.64$2.98
Sep 2023119119000$89.43$2.64
Aug 2023240240000$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

OperatorNoble Energy IncFieldHoefs T-K (Wolfcamp)CountyReeves County

Noble Energy Inc in Reeves County

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Hoefs T-K (Wolfcamp) field

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