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Texas oil lease

Producing

COLLINS STATE B

Collins State B is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

1 well

89,571bbl oil, last 12 months
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-62856

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
202,656 mcf
Oil in Jul 2026
4,996 bbl

Production by month

Oil output fell 66% since Jan 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 66% since Jan 2025Monthly oil production and gas for COLLINS STATE B, Jan 2025 to Jul 2026. Oil output fell 66% since Jan 2025. Monthly average of 6,008 bbl in the latest 3 months, against 17,698 bbl in the first 3.Last 12 months: 89,571 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 25AprJulOctJan 26AprJul
Oil output fell 66% since Jan 2025Monthly oil production and gas for COLLINS STATE B, Jan 2025 to Jul 2026. Oil output fell 66% since Jan 2025. Monthly average of 6,008 bbl in the latest 3 months, against 17,698 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 16.7% of the gas in Jan 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of COLLINS STATE B gas by disposition code each month, Jan 2025 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 16.7% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 16.7%Jan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of COLLINS STATE B gas by disposition code each month, Jan 2025 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 16.7% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 16.7%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 199,279 mcf

  • Lease fuel (1)

    1.5% · 3,069 mcf

  • Flared (4)

    0.2% · 308 mcf

0.2% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on COLLINS STATE B
API numberWell no.Status
42-389-41356221HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers49May 1, 2026–
Plains Pipeline L.p.OilGathers49May 1, 2026–
Enterprise Crude Oil LLCOilGathers2May 1, 2026–
Kinetik Holdings LPCasinghead gasBuys100Nov 14, 2024–
Kinetik Holdings LPCasinghead gasGathers100Nov 14, 2024–
Plains Marketing, L.p.OilGathers50Nov 14, 2024May 1, 2026
Plains Pipeline L.p.OilGathers50Nov 14, 2024May 1, 2026

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

Who buys my oilOil price check

674.14 acres on the newest permit

An allocation well is on this lease

Permits for Collins State B
API numberWell no.Acreson the permit
42-389-41356221H674.14

SourceRailroad Commission drilling permits, Sep 26, 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

19 months, newest first

Ledger for COLLINS STATE B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,9965,05711,69211,64844$80.46$2.89
Jun 20267,1727,10713,23313,2312$84.81$3.15
May 20265,8565,87214,59814,57523$102.13$2.94
Apr 20265,9016,20813,83113,79734$100.32$2.77
Mar 20266,6226,30715,07415,0740$91.38$3.04
Feb 20265,4425,42814,67314,3060$64.51$3.62
Jan 20266,1516,17016,62816,19820$60.04$7.72
Dec 20256,8866,88317,06816,6530$57.97$4.26
Nov 20257,3497,35917,84017,4290$60.06$3.79
Oct 20259,6099,71320,87120,294125$60.89$3.19
Sep 202511,95211,96721,78821,26543$63.96$2.97
Aug 202511,63511,59825,36024,80917$64.86$2.91
Jul 202511,98812,04027,17626,154426$68.39$3.20
Jun 202514,92115,01429,82729,21012$68.17$3.02
May 202519,72319,63431,65430,714331$62.17$3.12
Apr 202522,81922,76631,26729,975748$63.54$3.42
Mar 202521,58421,96822,98722,96312$68.24$4.12
Feb 202530,51930,00928,62728,57948$71.53$4.19
Jan 20259919591,3421,118224$75.74$4.13

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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