Texas oil lease
ProducingCATS PICASSO 4801A
Cats Picasso 4801A is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.
3 wells
- Operator
- Civitas Permian Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-22544
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 435,380 mcf
- Oil in Jul 2026
- 5,964 bbl
Production by month
Oil output fell 57% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
96% of the gas went to a processing plant in the last 12 months
Flaring peaked at 11.1% of the gas in Jun 2026.
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
96% · 415,906 mcf
Flared (4)
3.1% · 13,477 mcf
Lease fuel (1)
1.4% · 5,997 mcf
3.1% of the gas flared in the last 12 months. 5 months above 3%.
3 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-41351 | 1HB | Active |
| 42-383-41352 | 2HC | Active |
| 42-383-41353 | 3HA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 50 | Sep 1, 2024 | – |
| Transoil Marketing, LLC | Oil | Gathers | 50 | Sep 1, 2024 | – |
| Enterprise M B Midstream LLC | Casinghead gas | Buys | 100 | Sep 1, 2024 | – |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Sep 1, 2024 | – |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Gathers | 100 | Oct 13, 2023 | Sep 1, 2024 |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Buys | 100 | Oct 13, 2023 | Sep 1, 2024 |
| Medallion Operating Company, LLC | Oil | Gathers | 90 | Oct 13, 2023 | Sep 1, 2024 |
| Transoil Marketing, LLC | Oil | Gathers | 10 | Oct 13, 2023 | Sep 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
800 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-41351 | 1HB | Mar 27, 2023 | Oct 13, 2023 | 800 |
| 42-383-41352 | 2HC | Mar 27, 2023 | Oct 20, 2023 | 800 |
| 42-383-41353 | 3HA | Mar 27, 2023 | Sep 24, 2023 | 800 |
What SM Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.85 | $0.17 | $24.69 | SEC filing |
| Q1 2026 | $73.69 | $1.72 | $21.58 | SEC filing |
| Q3 2025 | $65.24 | $1.29 | $18.21 | SEC filing |
| Q2 2025 | $63.87 | $1.00 | $18.99 | SEC filing |
| Q1 2025 | $70.90 | $2.48 | $24.07 | SEC filing |
| Q4 2024 | $69.96 | $1.14 | $21.47 | SEC filing |
SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
28 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 5,964 | 6,050 | 37,765 | 36,541 | 705 | $80.46 | $2.89 |
| Jun 2026 | 6,826 | 6,945 | 31,538 | 27,524 | 3,512 | $84.81 | $3.15 |
| May 2026 | 8,982 | 8,777 | 24,186 | 21,904 | 1,918 | $102.13 | $2.94 |
| Apr 2026 | 4,427 | 4,443 | 28,207 | 27,159 | 631 | $100.32 | $2.77 |
| Mar 2026 | 4,738 | 4,740 | 24,723 | 22,190 | 2,135 | $91.38 | $3.04 |
| Feb 2026 | 5,273 | 5,234 | 19,870 | 18,975 | 603 | $64.51 | $3.62 |
| Jan 2026 | 3,743 | 3,711 | 16,465 | 16,234 | 0 | $60.04 | $7.72 |
| Dec 2025 | 2,010 | 2,116 | 15,613 | 15,387 | 0 | $57.97 | $4.26 |
| Nov 2025 | 7,233 | 7,242 | 41,316 | 40,784 | 0 | $60.06 | $3.79 |
| Oct 2025 | 8,653 | 8,601 | 64,989 | 64,038 | 73 | $60.89 | $3.19 |
| Sep 2025 | 8,976 | 9,015 | 62,658 | 59,942 | 1,926 | $63.96 | $2.97 |
| Aug 2025 | 9,450 | 9,503 | 68,050 | 65,228 | 1,974 | $64.86 | $2.91 |
| Jul 2025 | 9,942 | 9,917 | 73,189 | 72,053 | 320 | $68.39 | $3.20 |
| Jun 2025 | 10,218 | 10,201 | 73,478 | 72,154 | 518 | $68.17 | $3.02 |
| May 2025 | 11,220 | 11,237 | 76,868 | 75,512 | 539 | $62.17 | $3.12 |
| Apr 2025 | 11,409 | 11,407 | 70,466 | 68,392 | 1,343 | $63.54 | $3.42 |
| Mar 2025 | 11,986 | 12,016 | 87,323 | 84,870 | 1,575 | $68.24 | $4.12 |
| Feb 2025 | 12,314 | 12,234 | 78,781 | 77,160 | 824 | $71.53 | $4.19 |
| Jan 2025 | 13,962 | 13,963 | 96,366 | 94,755 | 650 | $75.74 | $4.13 |
| Dec 2024 | 15,854 | 15,862 | 95,810 | 94,226 | 678 | $70.12 | $3.01 |
| Nov 2024 | 15,086 | 15,135 | 85,991 | 84,801 | 391 | $69.95 | $2.12 |
| Oct 2024 | 20,796 | 20,771 | 96,596 | 95,472 | 299 | $71.99 | $2.20 |
| Sep 2024 | 20,564 | 20,600 | 100,340 | 98,255 | 1,280 | $70.24 | $2.28 |
| Aug 2024 | 23,032 | 23,097 | 106,749 | 105,298 | 637 | $76.68 | $1.99 |
| Jul 2024 | 36,747 | 36,664 | 117,515 | 115,327 | 1,370 | $81.80 | $2.07 |
| Jun 2024 | 38,125 | 38,235 | 147,113 | 142,161 | 3,986 | $79.77 | $2.54 |
| May 2024 | 57,629 | 57,559 | 95,620 | 92,745 | 1,982 | $80.02 | $2.12 |
| Apr 2024 | 16,842 | 16,618 | 6,719 | 6,505 | 62 | $85.35 | $1.60 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Civitas Permian Operating, LLC in Reagan County
- UL HUTTON W
85,781 bbl
- UNIVERSITY 35-19 40
79,674 bbl
- COWTOWNS CAT 3903E
81,509 bbl
- UL HUTTON N
75,491 bbl
- HOLLY J
84,615 bbl
- COWTOWNS CAT 3903C
75,970 bbl
- HOLLY A
69,228 bbl
- DIXON-TURNER G
79,781 bbl
- COWTOWNS CAT 4603D
66,811 bbl
- UL LINDSEY DIXON C
74,612 bbl
Spraberry (Trend Area) field
- JACK 25C-13-A
74,984 bbl
- DAUNTLESS WEST E 22-11
86,948 bbl
- COWTOWNS CAT 3903E
81,509 bbl
- HUGHES R
76,806 bbl
- CAUBLE 21-30
59,257 bbl
- BODINE A2 09
79,774 bbl
- STATE PINK FLOYD WEST G 1218-2
70,632 bbl
- WHISKEY RIVER
68,367 bbl
- MERCURY 4H
67,037 bbl
- UNIVERSITY C 22-15
89,526 bbl
Leases within 10 km
- CATS PICASSO 4801B
19,690 bbl · 0 km
- CATS PICASSO 4801C
31,616 bbl · 0 km
- CATS PICASSO 4801D
18,081 bbl · 0 km
- MASTERSON, T. R. B.
2 bbl · 0.1 km
- DALLAS KEUCHEL 36-37
20,783 bbl · 0.2 km
- DALLAS KEUCHEL '37-36'
7,738 bbl · 0.4 km
- LEESON
0 bbl · 0.5 km
- MASTERSON 48, T.R.B.
12 bbl · 0.6 km
- WRIGHT, H. J. "A"
238 bbl · 0.6 km
- WRIGHT
41 bbl · 0.7 km
Drilling permits within 10 km
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County · 8.3 km
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County · 8.3 km
Permit 0918891 · Sep 25, 2026
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County · 8.2 km
Permit 0918888 · Sep 25, 2026
HILL WEST C 28-35 #4203H
new drill · horizontal · De Central Operating, LLC · Reagan County · 8.2 km
Permit 0918889 · Sep 25, 2026
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County · 8.3 km
Permit 0918897 · Sep 25, 2026