Texas oil lease
ProducingCHICO COMPANY W
Chico Company W is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Lin (Wolfcamp) field.
2 wells
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- Field
- Lin (Wolfcamp)
- RRC lease
- 7C-18348
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 55,067 mcf
- Oil in Jul 2026
- 380 bbl
Production by month
Oil output fell 24% 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
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 50.3% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
97% · 53,395 mcf
Flared (4)
3.0% · 1,672 mcf
3.0% of the gas flared in the last 12 months. 2 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Feb 2021 to Apr 2022
- Sable Permian Resources, LLC Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-38278 | 0101H | Active |
| 42-383-39535 | 56HS | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Apr 30, 2016 | – |
| Canes Midstream G&p LLC | Casinghead gas | Buys | 50 | Apr 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Buys | 50 | Apr 1, 2026 | – |
| Canes Midstream G&p LLC | Casinghead gas | Gathers | 50 | Apr 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 50 | Apr 1, 2026 | – |
| Canes Midstream G&p LLC | Casinghead gas | Gathers | 100 | Oct 1, 2023 | Apr 1, 2026 |
| Canes Midstream G&p LLC | Casinghead gas | Buys | 100 | Oct 1, 2023 | Apr 1, 2026 |
| Cogent Midstream Logistics, LLC | Casinghead gas | Gathers | 100 | Jan 1, 2019 | Oct 1, 2023 |
| Cogent Midstream Logistics, LLC | Casinghead gas | Buys | 100 | Jan 1, 2019 | Oct 1, 2023 |
| Lucid Energy Westex, LLC | Casinghead gas | Gathers | 100 | Apr 30, 2016 | Jan 1, 2019 |
| Lucid Energy Westex, LLC | Casinghead gas | Buys | 100 | Apr 30, 2016 | Jan 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,118.30 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.
- Good to know
A pooling certificate (P-12) was filed
Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
- Good to know
The wells on this lease state different acreage
The permits state between 1,118.3 and 1,280 acres. Use the acres from your own division order for the well you are paid on.
- 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 |
|---|---|---|---|---|
| 42-383-38278 | 0101H | Jan 19, 2017 | Jun 13, 2013 | 1,118.30 |
| 42-383-39535 | 56HS | Dec 4, 2015 | Jan 19, 2016 | 1,280 |
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 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 380 | 390 | 4,236 | 4,236 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 337 | 280 | 5,477 | 5,337 | 140 | $84.81 | $3.15 |
| May 2026Permian Resources | 77 | 92 | 1,480 | 1,480 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 182 | 239 | 2,645 | 1,314 | 1,331 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 375 | 358 | 5,314 | 5,314 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 356 | 312 | 5,474 | 5,474 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 282 | 277 | 3,001 | 3,001 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 213 | 229 | 4,607 | 4,538 | 69 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 285 | 274 | 6,165 | 6,137 | 28 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 299 | 321 | 4,804 | 4,736 | 68 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 397 | 435 | 5,849 | 5,813 | 36 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 458 | 414 | 6,015 | 6,015 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 390 | 379 | 8,539 | 8,539 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 238 | 231 | 10,271 | 10,271 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 237 | 251 | 7,510 | 7,510 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 333 | 322 | 6,854 | 6,854 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 450 | 493 | 6,963 | 6,962 | 1 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 363 | 339 | 7,127 | 7,127 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 310 | 342 | 7,590 | 7,444 | 146 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 468 | 430 | 7,390 | 7,221 | 169 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 278 | 290 | 7,028 | 6,880 | 148 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 378 | 429 | 7,169 | 7,143 | 26 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 653 | 745 | 10,985 | 10,985 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 724 | 568 | 8,150 | 8,115 | 35 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 617 | 723 | 5,020 | 4,985 | 35 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 909 | 818 | 7,317 | 7,317 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 816 | 880 | 7,560 | 7,560 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 992 | 1,111 | 7,373 | 7,373 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 1,030 | 1,029 | 6,983 | 6,983 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 982 | 934 | 7,451 | 7,451 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 983 | 952 | 7,197 | 7,197 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 949 | 1,015 | 7,286 | 7,257 | 29 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 1,040 | 996 | 7,507 | 7,507 | 0 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 1,002 | 961 | 7,937 | 7,242 | 695 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 1,143 | 1,087 | 7,646 | 7,571 | 75 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 986 | 1,027 | 13,226 | 12,888 | 338 | $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.
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
Permian Resources Operating, LLC in Reagan County
- UNIVERSITY 48-1
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Lin (Wolfcamp) field
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