Texas oil lease
ProducingCWI STATE A
Cwi State A is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-49771
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 25,692 mcf
- Oil in Jul 2026
- 972 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on May 1, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 5% 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
82% of the gas went to a transmission line in the last 12 months
Flaring peaked at 5.3% of the gas in Mar 2026.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
82% · 21,102 mcf
Lease fuel (1)
17% · 4,457 mcf
Flared (4)
0.5% · 133 mcf
0.5% 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 Jan 2023
- Permian Resources Operating, LLC Jan 2023 to now
- Centennial Resource Prod, LLC Jan 2020 to Dec 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-36064 | 10H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Plains Pipeline L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 2 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Buys | 100 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | May 1, 2026 | – |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Gathers | 100 | Nov 29, 2017 | May 1, 2026 |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Buys | 100 | Nov 29, 2017 | May 1, 2026 |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 100 | Jan 1, 2020 | May 1, 2026 |
| Oryx So. Delaware Ogt LLC | Oil | Gathers | 100 | Feb 21, 2019 | Jan 1, 2020 |
| Oryx So. Delaware Ogt LLC | Oil | Gathers | 80 | Nov 29, 2017 | Feb 21, 2019 |
| Permian Crude Transport, LP | Oil | Gathers | 20 | Nov 29, 2017 | Feb 21, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,280 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-36064 | 10H | Jun 15, 2017 | Nov 29, 2017 | 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 | 972 | 947 | 2,396 | 1,940 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 793 | 843 | 485 | 393 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 823 | 736 | 1,391 | 1,123 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 719 | 641 | 863 | 696 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 794 | 821 | 2,512 | 1,958 | 133 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 866 | 874 | 1,759 | 1,410 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 766 | 739 | 1,403 | 1,081 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 996 | 952 | 2,918 | 2,456 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 857 | 904 | 2,551 | 2,185 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 911 | 924 | 3,230 | 2,744 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 878 | 845 | 3,024 | 2,533 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 909 | 1,006 | 3,160 | 2,583 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 936 | 950 | 3,698 | 3,124 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 743 | 641 | 1,911 | 1,375 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 937 | 1,008 | 2,907 | 2,305 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 887 | 843 | 2,987 | 2,446 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,021 | 1,024 | 3,007 | 2,450 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 744 | 725 | 1,469 | 1,141 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 856 | 858 | 1,684 | 1,303 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 1,007 | 1,013 | 1,923 | 1,534 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 981 | 1,097 | 2,543 | 2,028 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 905 | 836 | 3,589 | 2,966 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 926 | 1,047 | 3,525 | 2,956 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 917 | 845 | 2,841 | 2,365 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 877 | 839 | 2,949 | 2,483 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 801 | 1,046 | 3,010 | 2,539 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 890 | 730 | 2,035 | 1,669 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 925 | 840 | 1,032 | 903 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 996 | 949 | 1,738 | 1,443 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 904 | 1,012 | 3,333 | 2,998 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 1,016 | 1,013 | 2,613 | 2,252 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 1,002 | 971 | 2,298 | 2,032 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 1,015 | 982 | 1,537 | 1,153 | 0 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 977 | 994 | 3,557 | 2,972 | 0 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 956 | 1,022 | 4,898 | 4,188 | 28 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 1,030 | 954 | 3,518 | 3,055 | 0 | $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 Reeves County
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Phantom (Wolfcamp) field
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- KENTZEL STATE 42
45,402 mcf
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Drilling permits within 10 km
BARILLA DRAW #1H
new drill · horizontal · Lakewood Energy LLC · Reeves County · 8 km
Permit 0917647 · Aug 7, 2026
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new drill · horizontal · Lakewood Energy LLC · Reeves County · 8 km
Permit 0917648 · Aug 7, 2026
LOCH NESS STATE E #5H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.4 km
Permit 0917513 · Aug 5, 2026
LOCH NESS STATE B #2H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.9 km
Permit 0917505 · Aug 5, 2026
LOCH NESS STATE C #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.9 km
Permit 0917506 · Aug 5, 2026