Texas oil lease · RRC district 08 · Lease 56868
ProducingCARPENTER STATE UNIT
Carpenter State Unit is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 8,668 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-56868
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Where it sits
This county
- Gas, last 12 months
- 12,445 mcf
- Oil in Jul 2026
- 681 bbl
- Reporting to the state
- since May 2022
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output fell 22% over the last 12 months
8,668 bbl in the 12 months through Jul 2026, against 11,125 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 56868, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
88% of the gas went to lease fuel in the last 12 months
Flaring peaked at 53.6% of the gas in Apr 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 56868, district 08. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
Lease fuel (1)
Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.
Flared (4)
Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.
None of the gas was flared in the last 12 months. 6 months went above 3%, which we mark in the ledger below.
Operator history
Who has run this lease
The operator changed once, most recently in Jan 2023
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Permian Resources Operating, LLC Jan 2023 to now
- Centennial Resource Prod, LLC May 2022 to Dec 2022
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
Wells on this lease
No wells are linked to this lease in our data
Who buys and gathers
Who moves and buys this lease's production
Oil
Plains Marketing, L.p., Plains Pipeline L.p. and Enterprise Crude Oil LLC gather it.
Plains Marketing, L.p. gathers it: 49% of it, on the list since May 1, 2026 · Plains Pipeline L.p. gathers it: 49% of it, on the list since May 1, 2026 · Enterprise Crude Oil LLC gathers it: 2% of it, on the list since May 1, 2026
Gas from oil wells
Kinetik Holdings LP buys and gathers it.
Kinetik Holdings LP buys it: 100% of it, on the list since May 1, 2026 · Kinetik Holdings LP gathers it: 100% of it, on the list since May 1, 2026
Companies that used to be listed: Eagleclaw Midstream Ventures,llc (gathers it, until May 1, 2026); Eagleclaw Midstream Ventures,llc (buys it, until May 1, 2026); Oryx Delaware Oil Transport LLC (gathers it, until May 1, 2026).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
640 acres on the newest permit
- Wells on the permits
- 22 not plugged
- Horizontal
- 2
- First completion
- Feb 6, 2017
- Latest permit
- May 29, 2018
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-37195 | U 47H | May 29, 2018 | Jun 11, 2018 | 640 |
| 42-389-35479 | 2H | Oct 27, 2016 | Feb 6, 2017 | 640 |
What the operator reported
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says CARPENTER STATE UNIT sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 681 | 701 | 1,102 | 216 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 763 | 807 | 1,505 | 570 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 682 | 663 | 1,287 | 354 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 586 | 536 | 1,215 | 284 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 677 | 735 | 930 | 8 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 657 | 693 | 878 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 712 | 629 | 935 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 728 | 842 | 975 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 788 | 743 | 849 | 1 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 823 | 809 | 927 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 768 | 794 | 904 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 803 | 761 | 938 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 861 | 883 | 972 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 855 | 827 | 828 | 0 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 1,037 | 970 | 1,040 | 0 | 65 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 887 | 999 | 2,015 | 0 | 1,080 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,074 | 1,007 | 1,162 | 0 | 191 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 890 | 856 | 1,216 | 0 | 336 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 785 | 894 | 920 | 0 | 116 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 914 | 1,020 | 931 | 0 | 27 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 965 | 907 | 920 | 0 | 61 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 1,179 | 1,226 | 975 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 893 | 837 | 878 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 785 | 685 | 838 | 11 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 910 | 1,046 | 831 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 718 | 590 | 937 | 0 | 25 | $79.77 | $2.54 |
| May 2024Permian Resources | 912 | 1,035 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 1,038 | 999 | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 921 | 932 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 842 | 800 | 0 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 1,012 | 1,018 | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 1,011 | 1,053 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 1,009 | 1,201 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 1,162 | 1,209 | 0 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 1,253 | 1,005 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 1,405 | 1,411 | 0 | 0 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for CARPENTER STATE UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Permian Resources Operating, LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Permian Resources Operating, LLC in Reeves County
- GRAVES STATE
509,763 bbl last 12 months
- THISSIE STATE 19-7 E
370,837 bbl last 12 months
- THISSIE STATE 19-7 D
353,999 bbl last 12 months
- THISSIE STATE 19-7 B
350,489 bbl last 12 months
- WEBSTER STATE 20-17 A
316,388 bbl last 12 months
Phantom (Wolfcamp) field
- RATTLER 54-2-1-12 UNIT
1,660,576 bbl last 12 months
- PECAN STATE UNIT
1,334,838 bbl last 12 months
- SEALY RANCH
1,154,877 bbl last 12 months
- THUNDERBALL
1,149,611 bbl last 12 months
- JOEY CHESTNUT
857,661 bbl last 12 months
New drilling permits in Reeves County
We do not have coordinates for this lease, so these are the newest permits in its county.
TERRY #4
new drill · Perun Energy LLC · Reeves County
Permit 0918818 · Sep 21, 2026
TERRY #3
new drill · Perun Energy LLC · Reeves County
Permit 0918817 · Sep 21, 2026
TERRY #2
new drill · Perun Energy LLC · Reeves County
Permit 0918816 · Sep 21, 2026
TERRY #1
new drill · Perun Energy LLC · Reeves County
Permit 0918815 · Sep 21, 2026
ESPRESSO 0805A #01H
new drill · horizontal · Continental Resources, Inc. · Reeves County
Permit 0918717 · Sep 21, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 56868, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.