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CHEVRON MINERALS 5

Chevron Minerals 5 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

7 wells

21,927bbl oil, last 12 months+11% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-43734

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
30,002 mcf
Oil in Jul 2026
1,477 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.

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Production by month

Oil output rose 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 11% over the last 12 monthsMonthly oil production and gas for CHEVRON MINERALS 5, Aug 2023 to Jul 2026. Oil output rose 11% over the last 12 months. 21,927 bbl in the 12 months through Jul 2026, against 19,766 bbl in the 12 months before.Last 12 months: 21,927 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 11% over the last 12 monthsMonthly oil production and gas for CHEVRON MINERALS 5, Aug 2023 to Jul 2026. Oil output rose 11% over the last 12 months. 21,927 bbl in the 12 months through Jul 2026, against 19,766 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 52.3% of the gas in Feb 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of CHEVRON MINERALS 5 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 52.3% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: plant to lineFlared 52.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of CHEVRON MINERALS 5 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 52.3% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Nov 25: plant to lineFlared 52.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    83% · 24,984 mcf

  • Processing plant (3)

    16% · 4,693 mcf

  • Flared (4)

    1.1% · 325 mcf

1.1% of the gas flared in the last 12 months. 6 months 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.

7 wells on this lease

Wells on CHEVRON MINERALS 5
API numberWell no.Status
42-389-334871Shut-in
42-389-336912Shut-in
42-389-337653Active
42-389-337664Active
42-389-341395HActive
42-389-341906HActive
42-389-341917HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Kinetik Holdings LPOilGathers90Mar 31, 2026–
Enterprise Crude Oil LLCOilGathers10Mar 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
Shell Trading (Us) CompanyOilGathers100Mar 5, 2013Mar 31, 2026

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

Who buys my oilOil price check

638.33 acres on the newest permit

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Chevron Minerals 5
API numberWell no.Acreson the permit
42-389-341906H638.33
42-389-341917H638.33
42-389-341395H638.33
42-389-337653638.33
42-389-337664638.33
42-389-336912638.33
42-389-334871638.33

SourceRailroad Commission drilling permits, Oct 3, 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 CHEVRON MINERALS 5
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources1,4771,4531,2491,2490$80.46$2.89
Jun 2026Permian Resources1,4271,6042,3952,3950$84.81$3.15
May 2026Permian Resources2,4922,3296,3956,3896$102.13$2.94
Apr 2026Permian Resources1,4621,5412,9022,703199$100.32$2.77
Mar 2026Permian Resources1,5041,4132,2092,2090$91.38$3.04
Feb 2026Permian Resources1,4601,5931,3921,3920$64.51$3.62
Jan 2026Permian Resources1,7411,7091,2111,2110$60.04$7.72
Dec 2025Permian Resources2,9512,9332,5662,5660$57.97$4.26
Nov 2025Permian Resources2,4112,4224,9904,870120$60.06$3.79
Oct 2025Permian Resources1,8431,8102,0522,0520$60.89$3.19
Sep 2025Permian Resources2,0382,0581,9331,9330$63.96$2.97
Aug 2025Permian Resources1,1211,1097087080$64.86$2.91
Jul 2025Permian Resources1,3501,3904484480$68.39$3.20
Jun 2025Permian Resources1,3211,2585635630$68.17$3.02
May 2025Permian Resources1,3241,2793,0053,0050$62.17$3.12
Apr 2025Permian Resources1,2401,2524844840$63.54$3.42
Mar 2025Permian Resources1,8382,06732831117$68.24$4.12
Feb 2025Permian Resources1,7061,530964460504$71.53$4.19
Jan 2025Permian Resources1,8172,3959969960$75.74$4.13
Dec 2024Permian Resources1,7701,1824704691$70.12$3.01
Nov 2024Permian Resources1,2921,2102372352$69.95$2.12
Oct 2024OXY USA2,1722,1842952950$71.99$2.20
Sep 2024OXY USA1,7931,7702382299$70.24$2.28
Aug 2024OXY USA2,1432,1452192145$76.68$1.99
Jul 2024OXY USA2,7373,14170869216$81.80$2.07
Jun 2024OXY USA2,4782,127770660110$79.77$2.54
May 2024OXY USA2,4362,4505,3015,3010$80.02$2.12
Apr 2024OXY USA2,3422,39713,18013,10971$85.35$1.60
Mar 2024OXY USA2,8232,7435,6205,58535$81.28$1.49
Feb 2024OXY USA1,8661,8693,7043,68816$77.25$1.72
Jan 2024OXY USA2,4272,4254,7324,7293$74.15$3.18
Dec 2023OXY USA3,5223,8609,4739,4730$71.90$2.52
Nov 2023OXY USA5,6765,5229,5269,5260$77.69$2.71
Oct 2023OXY USA2,0472,03313,59113,207384$85.64$2.98
Sep 2023OXY USA2,5892,47263457955$89.43$2.64
Aug 2023OXY USA3,2763,3295,3495,32920$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

This lease belongs to

OperatorPermian Resources Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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