Skip to content
Royalty Clerk

Texas oil lease

Producing

CAROLINE K

Caroline K is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

1 well

1,793bbl oil, last 12 months−88% vs prior year
Operator
Civitas Permian Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-21893

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
117,824 mcf
Oil in Jul 2026
122 bbl

Production by month

Oil output fell 88% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 88% over the last 12 monthsMonthly oil production and gas for CAROLINE K, Aug 2023 to Jul 2026. Oil output fell 88% over the last 12 months. 1,793 bbl in the 12 months through Jul 2026, against 14,420 bbl in the 12 months before.Last 12 months: 1,793 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 88% over the last 12 monthsMonthly oil production and gas for CAROLINE K, Aug 2023 to Jul 2026. Oil output fell 88% over the last 12 months. 1,793 bbl in the 12 months through Jul 2026, against 14,420 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 6.7% of the gas in Apr 2025.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of CAROLINE K gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.7% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of CAROLINE K gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.7% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 6.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 203,365 mcf

  • Flared (4)

    0.6% · 1,278 mcf

0.6% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Dec 2023

Operators of this lease over timeHibernia Resources III, LLC, Jan 2023 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 20262023202420252026Changed Dec 2023Hibernia Resources III, LLCJan 2023 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now
Operators of this lease over timeHibernia Resources III, LLC, Jan 2023 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 20262023202420252026Changed Dec 2023Hibernia Resources III, LLCJan 2023 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CAROLINE K
API numberWell no.Status
42-383-4119311HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Oct 3, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 3, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 3, 2022

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

Who buys my oilOil price check

483.12 acres on the newest permit

An allocation well is on this lease

Permits for Caroline K
API numberWell no.Acreson the permit
42-383-4119311H483.12

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for CAROLINE K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Civitas Permian12212416,68516,64045$80.46$2.89
Jun 2026Civitas Permian929713,97913,94039$84.81$3.15
May 2026Civitas Permian17117011,82611,77749$102.13$2.94
Apr 2026Civitas Permian1841767,1667,12541$100.32$2.77
Mar 2026Civitas Permian60639,2459,20342$91.38$3.04
Feb 2026Civitas Permian10710919,56019,52337$64.51$3.62
Jan 2026Civitas Permian140153000$60.04$7.72
Dec 2025Civitas Permian461466000$57.97$4.26
Nov 2025Civitas Permian275250000$60.06$3.79
Oct 2025Civitas Permian5150000$60.89$3.19
Sep 2025Civitas Permian535619,38519,3850$63.96$2.97
Aug 2025Civitas Permian777919,97819,9708$64.86$2.91
Jul 2025Civitas Permian14215024,53924,5372$68.39$3.20
Jun 2025Civitas Permian19620625,53025,5300$68.17$3.02
May 2025Civitas Permian23823321,58221,5820$62.17$3.12
Apr 2025Civitas Permian25228015,16814,1531,015$63.54$3.42
Mar 2025Civitas Permian79082025,55625,5560$68.24$4.12
Feb 2025Civitas Permian1,4401,44618,92218,9220$71.53$4.19
Jan 2025Civitas Permian1,7451,72634,17834,1780$75.74$4.13
Dec 2024Civitas Permian1,8831,96113,99413,9940$70.12$3.01
Nov 2024Civitas Permian2,4042,3437,9747,9740$69.95$2.12
Oct 2024Civitas Permian1,7701,7647,3937,3930$71.99$2.20
Sep 2024Civitas Permian1,7531,75032,39632,3960$70.24$2.28
Aug 2024Civitas Permian1,8071,81132,80732,8070$76.68$1.99
Jul 2024Civitas Permian2,2872,29530,73830,7380$81.80$2.07
Jun 2024Civitas Permian2,2162,24428,04028,0400$79.77$2.54
May 2024Civitas Permian1,8451,78928,02128,0210$80.02$2.12
Apr 2024Civitas Permian1,8281,80932,14132,1410$85.35$1.60
Mar 2024Civitas Permian1,1711,22333,21833,2180$81.28$1.49
Feb 2024Civitas Permian2,4642,49931,75731,7570$77.25$1.72
Jan 2024Civitas Permian3,2563,26634,37334,3730$74.15$3.18
Dec 2023Civitas Permian3,2163,21735,86835,8680$71.90$2.52
Nov 2023Hibernia Resources2,9252,97234,94934,9490$77.69$2.71
Oct 2023Hibernia Resources3,2563,22643,34043,3400$85.64$2.98
Sep 2023Hibernia Resources3,4933,49944,16044,1600$89.43$2.64
Aug 2023Hibernia Resources4,1494,14444,44244,4420$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorCivitas Permian Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Civitas Permian Operating, LLC in Reagan County

All Civitas Permian Operating, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km