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Texas oil lease

Producing

CWI 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

10,284bbl oil, last 12 months−5% vs prior year
RRC lease
08-49771

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves 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 lease

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for CWI STATE A, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 10,284 bbl in the 12 months through Jul 2026, against 10,860 bbl in the 12 months before.Last 12 months: 10,284 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for CWI STATE A, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 10,284 bbl in the 12 months through Jul 2026, against 10,860 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Jan 24JulJan 25JulJan 26Jul

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)
82% of the gas went to a transmission line in the last 12 monthsShare of CWI STATE A gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
82% of the gas went to a transmission line in the last 12 monthsShare of CWI STATE A gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of gas by disposition code0%50%100%Flared 5.3%Jan 24JulJan 25JulJan 26Jul

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

Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating,…Jan 2023 to now
Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CWI STATE A
API numberWell no.Status
42-389-3606410HActive

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 gasBuys100May 1, 2026–
Kinetik Holdings LPCasinghead gasGathers100May 1, 2026–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Nov 29, 2017May 1, 2026
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Nov 29, 2017May 1, 2026
Oryx Delaware Oil Transport LLCOilGathers100Jan 1, 2020May 1, 2026
Oryx So. Delaware Ogt LLCOilGathers100Feb 21, 2019Jan 1, 2020
Oryx So. Delaware Ogt LLCOilGathers80Nov 29, 2017Feb 21, 2019
Permian Crude Transport, LPOilGathers20Nov 29, 2017Feb 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.

Check your decimal on this lease
Permits for Cwi State A
API numberWell no.Acreson the permit
42-389-3606410H1,280

SourceRailroad Commission drilling permits, Sep 26, 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 CWI STATE A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources9729472,3961,9400$80.46$2.89
Jun 2026Permian Resources7938434853930$84.81$3.15
May 2026Permian Resources8237361,3911,1230$102.13$2.94
Apr 2026Permian Resources7196418636960$100.32$2.77
Mar 2026Permian Resources7948212,5121,958133$91.38$3.04
Feb 2026Permian Resources8668741,7591,4100$64.51$3.62
Jan 2026Permian Resources7667391,4031,0810$60.04$7.72
Dec 2025Permian Resources9969522,9182,4560$57.97$4.26
Nov 2025Permian Resources8579042,5512,1850$60.06$3.79
Oct 2025Permian Resources9119243,2302,7440$60.89$3.19
Sep 2025Permian Resources8788453,0242,5330$63.96$2.97
Aug 2025Permian Resources9091,0063,1602,5830$64.86$2.91
Jul 2025Permian Resources9369503,6983,1240$68.39$3.20
Jun 2025Permian Resources7436411,9111,3750$68.17$3.02
May 2025Permian Resources9371,0082,9072,3050$62.17$3.12
Apr 2025Permian Resources8878432,9872,4460$63.54$3.42
Mar 2025Permian Resources1,0211,0243,0072,4500$68.24$4.12
Feb 2025Permian Resources7447251,4691,1410$71.53$4.19
Jan 2025Permian Resources8568581,6841,3030$75.74$4.13
Dec 2024Permian Resources1,0071,0131,9231,5340$70.12$3.01
Nov 2024Permian Resources9811,0972,5432,0280$69.95$2.12
Oct 2024Permian Resources9058363,5892,9660$71.99$2.20
Sep 2024Permian Resources9261,0473,5252,9560$70.24$2.28
Aug 2024Permian Resources9178452,8412,3650$76.68$1.99
Jul 2024Permian Resources8778392,9492,4830$81.80$2.07
Jun 2024Permian Resources8011,0463,0102,5390$79.77$2.54
May 2024Permian Resources8907302,0351,6690$80.02$2.12
Apr 2024Permian Resources9258401,0329030$85.35$1.60
Mar 2024Permian Resources9969491,7381,4430$81.28$1.49
Feb 2024Permian Resources9041,0123,3332,9980$77.25$1.72
Jan 2024Permian Resources1,0161,0132,6132,2520$74.15$3.18
Dec 2023Permian Resources1,0029712,2982,0320$71.90$2.52
Nov 2023Permian Resources1,0159821,5371,1530$77.69$2.71
Oct 2023Permian Resources9779943,5572,9720$85.64$2.98
Sep 2023Permian Resources9561,0224,8984,18828$89.43$2.64
Aug 2023Permian Resources1,0309543,5183,0550$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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Phantom (Wolfcamp) field

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