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Texas oil lease

Producing

CARPENTER STATE B

Carpenter State B is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

1 well

15bbl oil, last 12 months−100% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-50228

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Where it sits

This county

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

Checks stopped on this lease?

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on May 1, 2026.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 100% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for CARPENTER STATE B, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 15 bbl in the 12 months through Jul 2026, against 10,659 bbl in the 12 months before.Last 12 months: 15 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,0002,50010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for CARPENTER STATE B, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 15 bbl in the 12 months through Jul 2026, against 10,659 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

94% of the gas went to a transmission line in the last 12 months

Flaring peaked at 26.5% of the gas in Nov 2024.

  • Transmission line (2)
  • Flared (4)
94% of the gas went to a transmission line in the last 12 monthsShare of CARPENTER STATE B gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 26.5% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 26.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a transmission line in the last 12 monthsShare of CARPENTER STATE B gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 26.5% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 26.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 29,005 mcf

  • Flared (4)

    5.7% · 1,763 mcf

5.7% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating,…Jan 2023 to now
Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 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 CARPENTER STATE B
API numberWell no.Status
42-389-36283U 39HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers49May 1, 2026–
Plains Pipeline L.p.OilGathers49May 1, 2026–
Enterprise Crude Oil LLCOilGathers2May 1, 2026–
Kinetik Holdings LPCasinghead gasBuys100May 1, 2026–
Kinetik Holdings LPCasinghead gasGathers100May 1, 2026–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Mar 5, 2018May 1, 2026
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Mar 5, 2018May 1, 2026
Oryx Delaware Oil Transport LLCOilGathers100Jan 1, 2020May 1, 2026
Oryx So. Delaware Ogt LLCOilGathers100Mar 5, 2018Jan 1, 2020

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

Who buys my oilOil price check

1,040 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 Carpenter State B
API numberWell no.Acreson the permit
42-389-36283U 39H1,040

SourceRailroad Commission drilling permits, Sep 26, 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 CARPENTER STATE B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources00330$80.46$2.89
Jun 2026Permian Resources60330$84.81$3.15
May 2026Permian Resources00000$102.13$2.94
Apr 2026Permian Resources10220$100.32$2.77
Mar 2026Permian Resources00000$91.38$3.04
Feb 2026Permian Resources10000$64.51$3.62
Jan 2026Permian Resources10000$60.04$7.72
Dec 2025Permian Resources00000$57.97$4.26
Nov 2025Permian Resources30000$60.06$3.79
Oct 2025Permian Resources00000$60.89$3.19
Sep 2025Permian Resources20000$63.96$2.97
Aug 2025Permian Resources10000$64.86$2.91
Jul 2025Permian Resources10000$68.39$3.20
Jun 2025Permian Resources20000$68.17$3.02
May 2025Permian Resources3593971,6161,52096$62.17$3.12
Apr 2025Permian Resources6626872,5412,52120$63.54$3.42
Mar 2025Permian Resources1781987387380$68.24$4.12
Feb 2025Permian Resources6146052,4322,4320$71.53$4.19
Jan 2025Permian Resources9229333,5483,5480$75.74$4.13
Dec 2024Permian Resources1,0991,1084,1584,1517$70.12$3.01
Nov 2024Permian Resources1,2721,3085,3663,9431,423$69.95$2.12
Oct 2024Permian Resources1,5341,5735,2355,018217$71.99$2.20
Sep 2024Permian Resources1,8591,8845,1265,1260$70.24$2.28
Aug 2024Permian Resources2,1572,2385,4665,4660$76.68$1.99
Jul 2024Permian Resources2,3882,4135,1985,1980$81.80$2.07
Jun 2024Permian Resources2,1081,8774,1504,1500$79.77$2.54
May 2024Permian Resources1,2771,4634,2784,2780$80.02$2.12
Apr 2024Permian Resources2,1382,1247,6567,6560$85.35$1.60
Mar 2024Permian Resources1,4621,3768,8668,8660$81.28$1.49
Feb 2024Permian Resources1,4731,4519,2659,2650$77.25$1.72
Jan 2024Permian Resources1,7171,8319,1589,1580$74.15$3.18
Dec 2023Permian Resources1,6711,5937,8087,8080$71.90$2.52
Nov 2023Permian Resources7717745,9425,9420$77.69$2.71
Oct 2023Permian Resources1,1601,2026,7796,7790$85.64$2.98
Sep 2023Permian Resources1,2201,1645,4425,4420$89.43$2.64
Aug 2023Permian Resources1,5001,4766,7796,7790$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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