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Texas oil lease

Producing

CARPENTER STATE C

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

1 well

4,871bbl oil, last 12 months−56% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-51260

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
14,160 mcf
Oil in Jul 2026
353 bbl

Production by month

Oil output fell 56% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 56% over the last 12 monthsMonthly oil production and gas for CARPENTER STATE C, Aug 2023 to Jul 2026. Oil output fell 56% over the last 12 months. 4,871 bbl in the 12 months through Jul 2026, against 11,022 bbl in the 12 months before.Last 12 months: 4,871 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 56% over the last 12 monthsMonthly oil production and gas for CARPENTER STATE C, Aug 2023 to Jul 2026. Oil output fell 56% over the last 12 months. 4,871 bbl in the 12 months through Jul 2026, against 11,022 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 27.7% of the gas in Nov 2024.

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of CARPENTER STATE C gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 27.7% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 27.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of CARPENTER STATE C gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 27.7% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 27.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 14,124 mcf

  • Flared (4)

    0.3% · 36 mcf

0.3% of the gas flared in the last 12 months. 4 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 C
API numberWell no.Status
42-389-37024U 09HActive

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 gasGathers100Oct 19, 2018May 1, 2026
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Oct 19, 2018May 1, 2026
Oryx Delaware Oil Transport LLCOilGathers100Jan 1, 2020May 1, 2026
Oryx So. Delaware Ogt LLCOilGathers100Feb 21, 2019Jan 1, 2020
Enterprise Crude Oil LLCOilGathers100Oct 19, 2018Feb 21, 2019

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

Who buys my oilOil price check

800 acres on the newest permit

An allocation well is on this lease

Permits for Carpenter State C
API numberWell no.Acreson the permit
42-389-37024U 09H800

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 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources3533939799790$80.46$2.89
Jun 2026Permian Resources3983771,2841,2840$84.81$3.15
May 2026Permian Resources4174111,0611,0610$102.13$2.94
Apr 2026Permian Resources3753839999990$100.32$2.77
Mar 2026Permian Resources3973981,1001,1000$91.38$3.04
Feb 2026Permian Resources3543301,01397736$64.51$3.62
Jan 2026Permian Resources3793651,0961,0960$60.04$7.72
Dec 2025Permian Resources3684491,0051,0050$57.97$4.26
Nov 2025Permian Resources4423849179170$60.06$3.79
Oct 2025Permian Resources4304111,4161,4160$60.89$3.19
Sep 2025Permian Resources4444851,5811,5810$63.96$2.97
Aug 2025Permian Resources5145161,7091,7090$64.86$2.91
Jul 2025Permian Resources5946321,7381,7380$68.39$3.20
Jun 2025Permian Resources5555381,4911,4874$68.17$3.02
May 2025Permian Resources5234981,3051,22877$62.17$3.12
Apr 2025Permian Resources5235361,3021,29210$63.54$3.42
Mar 2025Permian Resources6005941,3861,3860$68.24$4.12
Feb 2025Permian Resources5365181,1431,1430$71.53$4.19
Jan 2025Permian Resources6676841,3271,3270$75.74$4.13
Dec 2024Permian Resources7267121,3171,3152$70.12$3.01
Nov 2024Permian Resources8248811,5631,130433$69.95$2.12
Oct 2024Permian Resources1,4601,4522,1822,09290$71.99$2.20
Sep 2024Permian Resources1,7031,7972,4192,4190$70.24$2.28
Aug 2024Permian Resources2,3112,2603,0903,0900$76.68$1.99
Jul 2024Permian Resources2,5772,5543,0393,0390$81.80$2.07
Jun 2024Permian Resources2,0471,9422,1862,1860$79.77$2.54
May 2024Permian Resources1,4631,5321,9091,9090$80.02$2.12
Apr 2024Permian Resources2,0302,1832,5952,5950$85.35$1.60
Mar 2024Permian Resources1,1451,0564,4614,4610$81.28$1.49
Feb 2024Permian Resources8128344,5564,5560$77.25$1.72
Jan 2024Permian Resources7758183,7833,7830$74.15$3.18
Dec 2023Permian Resources1,0431,0595,3925,3920$71.90$2.52
Nov 2023Permian Resources9919975,6955,6950$77.69$2.71
Oct 2023Permian Resources1,1051,0315,7095,7090$85.64$2.98
Sep 2023Permian Resources7647305,1255,1250$89.43$2.64
Aug 2023Permian Resources8509125,6045,6040$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

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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