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Producing

CATS PICASSO 4801K

Cats Picasso 4801K is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

1 well

29,276bbl oil, last 12 months−52% vs prior year
Operator
Civitas Permian Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22558

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
307,111 mcf
Oil in Jul 2026
2,307 bbl

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for CATS PICASSO 4801K, Apr 2024 to Jul 2026. Oil output fell 52% over the last 12 months. 29,276 bbl in the 12 months through Jul 2026, against 61,266 bbl in the 12 months before.Last 12 months: 29,276 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for CATS PICASSO 4801K, Apr 2024 to Jul 2026. Oil output fell 52% over the last 12 months. 29,276 bbl in the 12 months through Jul 2026, against 61,266 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJul 24Jan 25JulJan 26Jul

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)
96% of the gas went to a processing plant in the last 12 monthsShare of CATS PICASSO 4801K gas by disposition code each month, Apr 2024 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 11.1%Apr 24JulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of CATS PICASSO 4801K gas by disposition code each month, Apr 2024 to Jul 2026. 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.Share of gas by disposition code0%50%100%Flared 11.1%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 294,458 mcf

  • Flared (4)

    2.7% · 8,301 mcf

  • Lease fuel (1)

    1.4% · 4,352 mcf

2.7% of the gas flared in the last 12 months. 5 months above 3%.

1 well on this lease

Wells on CATS PICASSO 4801K
API numberWell no.Status
42-383-4136313HCActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers50Sep 1, 2024–
Transoil Marketing, LLCOilGathers50Sep 1, 2024–
Enterprise M B Midstream LLCCasinghead gasBuys100Sep 1, 2024–
Enterprise Products Operating LLCCasinghead gasGathers100Sep 1, 2024–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Nov 27, 2023Sep 1, 2024
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Nov 27, 2023Sep 1, 2024
Medallion Operating Company, LLCOilGathers90Nov 27, 2023Sep 1, 2024
Transoil Marketing, LLCOilGathers10Nov 27, 2023Sep 1, 2024

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

Who buys my oilOil price check

1,042.63 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 Cats Picasso 4801K
API numberWell no.Acreson the permit
42-383-4136313HC1,042.63

SourceRailroad Commission drilling permits, Oct 3, 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

28 months, newest first

Ledger for CATS PICASSO 4801K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,3072,35312,59512,188234$80.46$2.89
Jun 20263,1423,12311,4109,9651,264$84.81$3.15
May 20261,9481,91821,37919,3051,743$102.13$2.94
Apr 20261,7291,73619,24918,529433$100.32$2.77
Mar 20261,8781,88421,28119,0881,848$91.38$3.04
Feb 20262,3242,31927,31426,084828$64.51$3.62
Jan 20262,2412,25336,26635,7410$60.04$7.72
Dec 20252,5192,51331,65331,1900$57.97$4.26
Nov 20252,5152,51231,34730,9370$60.06$3.79
Oct 20252,7362,72231,41530,94936$60.89$3.19
Sep 20252,9933,01430,06828,746937$63.96$2.97
Aug 20252,9442,96533,13431,736978$64.86$2.91
Jul 20253,3473,33629,77129,305131$68.39$3.20
Jun 20253,6293,61132,89132,292234$68.17$3.02
May 20253,6103,61036,98136,319263$62.17$3.12
Apr 20253,6463,65035,97734,898699$63.54$3.42
Mar 20254,1604,16741,16239,999747$68.24$4.12
Feb 20254,0684,05839,16138,350412$71.53$4.19
Jan 20254,9524,95343,73943,005296$75.74$4.13
Dec 20245,6235,62346,60045,825332$70.12$3.01
Nov 20246,5156,53249,42548,741225$69.95$2.12
Oct 20248,5238,49957,82157,148179$71.99$2.20
Sep 20246,6606,66351,33650,269655$70.24$2.28
Aug 20246,5336,58442,31541,740252$76.68$1.99
Jul 202414,85114,81954,12753,119631$81.80$2.07
Jun 202415,63215,67338,11036,8271,033$79.77$2.54
May 202423,00322,88632,50831,530674$80.02$2.12
Apr 202400000$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.

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Nearby

This lease belongs to

OperatorCivitas Permian Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Civitas Permian Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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