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CHEVRON MINERALS 263

Chevron Minerals 263 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

4 wells

1,737bbl oil, last 12 months+6% vs prior year
RRC lease
08-42241

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
412 mcf
Oil in Jul 2026
115 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Mar 31, 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 rose 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for CHEVRON MINERALS 263, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 1,737 bbl in the 12 months through Jul 2026, against 1,639 bbl in the 12 months before.Last 12 months: 1,737 bblbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for CHEVRON MINERALS 263, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 1,737 bbl in the 12 months through Jul 2026, against 1,639 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 24.0% of the gas in Sep 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plantShare of CHEVRON MINERALS 263 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 24.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: plant to lineFlared 24.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plantShare of CHEVRON MINERALS 263 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 24.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Dec 25: plant to lineFlared 24.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    62% · 1,444 mcf

  • Transmission line (2)

    38% · 887 mcf

  • Flared (4)

    0.1% · 2 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating,…Nov 2024 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on CHEVRON MINERALS 263
API numberWell no.Status
42-389-329321Active
42-389-338464Active
42-389-338475Active
42-389-339716Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Mar 31, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasGathers100Mar 31, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Mar 31, 2026
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Mar 31, 2026
Bridger Transportation, LLCOilGathers50Aug 1, 2014Mar 31, 2026
Shell Trading (Us) CompanyOilGathers50Dec 23, 2013Mar 31, 2026

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

485.80 acres on the newest permit

Permits for Chevron Minerals 263
API numberWell no.Acreson the permit
42-389-339716485.80
42-389-338464485.80
42-389-338475485.80
42-389-329321485.80

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 CHEVRON MINERALS 263
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources11517930300$80.46$2.89
Jun 2026Permian Resources5821911910$84.81$3.15
May 2026Permian Resources3217835350$102.13$2.94
Apr 2026Permian Resources25311471470$100.32$2.77
Mar 2026Permian Resources64188000$91.38$3.04
Feb 2026Permian Resources99000$64.51$3.62
Jan 2026Permian Resources96000$60.04$7.72
Dec 2025Permian Resources9419990$57.97$4.26
Nov 2025Permian Resources150192000$60.06$3.79
Oct 2025Permian Resources356327000$60.89$3.19
Sep 2025Permian Resources240211000$63.96$2.97
Aug 2025Permian Resources357401000$64.86$2.91
Jul 2025Permian Resources292000$68.39$3.20
Jun 2025Permian Resources00000$68.17$3.02
May 2025Permian Resources21188000$62.17$3.12
Apr 2025Permian Resources2150000$63.54$3.42
Mar 2025Permian Resources104180000$68.24$4.12
Feb 2025Permian Resources188349000$71.53$4.19
Jan 2025Permian Resources530000$75.74$4.13
Dec 2024Permian Resources153170000$70.12$3.01
Nov 2024Permian Resources290228110$69.95$2.12
Oct 2024OXY USA450000$71.99$2.20
Sep 2024OXY USA257349000$70.24$2.28
Aug 2024OXY USA284351330$76.68$1.99
Jul 2024OXY USA4283472572570$81.80$2.07
Jun 2024OXY USA3383332582580$79.77$2.54
May 2024OXY USA375506000$80.02$2.12
Apr 2024OXY USA4273541711701$85.35$1.60
Mar 2024OXY USA4785312992990$81.28$1.49
Feb 2024OXY USA7426959329311$77.25$1.72
Jan 2024OXY USA7937171,1221,1220$74.15$3.18
Dec 2023OXY USA4123485445440$71.90$2.52
Nov 2023OXY USA7277085815810$77.69$2.71
Oct 2023OXY USA8399525775770$85.64$2.98
Sep 2023OXY USA1,011894986749237$89.43$2.64
Aug 2023OXY USA8069038648640$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

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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