Texas oil lease

No report in 6+ months

DEGUELLO UNIT 54-7-2

Name: DEGUELLO UNIT 54-7-2 monthly oil and gas production, Reeves County, Texas
Creator: Texas Railroad Commission

Deguello Unit 54-7-2 is an oil lease in Reeves County, Texas, operated by TRP Operating LLC in the Phantom (Wolfcamp) field.

7 wells

0bbl oil, last 12 months

Operator: TRP Operating LLC
County: Reeves County
Field: Phantom (Wolfcamp)
RRC lease: 08-51887

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Where it sits

This county

Reeves County

Oil in Dec 2025: 0 bbl
Reporting since: Jan 2020

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Operator
Operator changed: TRP Operating LLC took over from Diamondback E&P LLC in Feb 2025.
Sales
No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Jan 2023 to Dec 2025). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Feb 2025

TRP Operating LLC Feb 2025 to now
Diamondback E&P LLC Jan 2020 to Jan 2025

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on DEGUELLO UNIT 54-7-2
API number	Well no.	Status
42-389-37334	601H	Active
42-389-37335	701H	Active
42-389-38133	602H	Active
42-389-38147	603H	Active
42-389-38171	604H	Active
42-389-38172	605H	Active
42-389-38173	606H	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From	Until
Cr Permian Crude, LLC	Oil	Gathers	50	Dec 2, 2020	–
Plains Marketing, L.p.	Oil	Gathers	50	Jan 31, 2019	–
Vaquero Permian Processing LLC	Casinghead gas	Buys	100	Jan 31, 2019	–
Vaquero Permian Processing LLC	Casinghead gas	Gathers	100	Jan 31, 2019	–
Caprock Permian Crude LLC	Oil	Gathers	50	Jan 31, 2019	Dec 2, 2020

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

Who buys my oil Oil price check

1,280 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.
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.

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Permits for Deguello Unit 54-7-2
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-389-38173	606H	Apr 16, 2019	Sep 25, 2019	1,280	Horizontal
42-389-38171	604H	Apr 2, 2019	Aug 10, 2019	1,280	Horizontal
42-389-38172	605H	Apr 2, 2019	Sep 3, 2019	1,280	Horizontal
42-389-38147	603H	Apr 1, 2019	Aug 24, 2019	1,280	Horizontal
42-389-38133	602H	Mar 28, 2019	Sep 6, 2019	1,280	Horizontal
42-389-37334	601H	Jul 16, 2018	Jan 31, 2019	1,280	Horizontal
42-389-37335	701H	Jul 16, 2018	Feb 1, 2019	1,280	Horizontal

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for DEGUELLO UNIT 54-7-2
Month	Operator	WTI$/bbl	Henry Hub$/MMBtu
Dec 2025TRP Operating	TRP Operating LLC	$57.97	$4.26
Nov 2025TRP Operating	TRP Operating LLC	$60.06	$3.79
Oct 2025TRP Operating	TRP Operating LLC	$60.89	$3.19
Sep 2025TRP Operating	TRP Operating LLC	$63.96	$2.97
Aug 2025TRP Operating	TRP Operating LLC	$64.86	$2.91
Jul 2025TRP Operating	TRP Operating LLC	$68.39	$3.20
Jun 2025TRP Operating	TRP Operating LLC	$68.17	$3.02
May 2025TRP Operating	TRP Operating LLC	$62.17	$3.12
Apr 2025TRP Operating	TRP Operating LLC	$63.54	$3.42
Mar 2025TRP Operating	TRP Operating LLC	$68.24	$4.12
Feb 2025TRP Operating	TRP Operating LLC	$71.53	$4.19
Jan 2025Diamondback E&P	Diamondback E&P LLC	$75.74	$4.13
Dec 2024Diamondback E&P	Diamondback E&P LLC	$70.12	$3.01
Nov 2024Diamondback E&P	Diamondback E&P LLC	$69.95	$2.12
Oct 2024Diamondback E&P	Diamondback E&P LLC	$71.99	$2.20
Sep 2024Diamondback E&P	Diamondback E&P LLC	$70.24	$2.28
Aug 2024Diamondback E&P	Diamondback E&P LLC	$76.68	$1.99
Jul 2024Diamondback E&P	Diamondback E&P LLC	$81.80	$2.07
Jun 2024Diamondback E&P	Diamondback E&P LLC	$79.77	$2.54
May 2024Diamondback E&P	Diamondback E&P LLC	$80.02	$2.12
Apr 2024Diamondback E&P	Diamondback E&P LLC	$85.35	$1.60
Mar 2024Diamondback E&P	Diamondback E&P LLC	$81.28	$1.49
Feb 2024Diamondback E&P	Diamondback E&P LLC	$77.25	$1.72
Jan 2024Diamondback E&P	Diamondback E&P LLC	$74.15	$3.18
Dec 2023Diamondback E&P	Diamondback E&P LLC	$71.90	$2.52
Nov 2023Diamondback E&P	Diamondback E&P LLC	$77.69	$2.71
Oct 2023Diamondback E&P	Diamondback E&P LLC	$85.64	$2.98
Sep 2023Diamondback E&P	Diamondback E&P LLC	$89.43	$2.64
Aug 2023Diamondback E&P	Diamondback E&P LLC	$81.39	$2.58
Jul 2023Diamondback E&P	Diamondback E&P LLC	$76.07	$2.55
Jun 2023Diamondback E&P	Diamondback E&P LLC	$70.25	$2.18
May 2023Diamondback E&P	Diamondback E&P LLC	$71.58	$2.15
Apr 2023Diamondback E&P	Diamondback E&P LLC	$79.45	$2.16
Mar 2023Diamondback E&P	Diamondback E&P LLC	$73.28	$2.31
Feb 2023Diamondback E&P	Diamondback E&P LLC	$76.83	$2.38
Jan 2023Diamondback E&P	Diamondback E&P LLC	$78.12	$3.27

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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