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Texas gas well

Producing

EXPEDITION STATE UNIT 71-67

Expedition State Unit 71-67 is a gas well in Reeves County, Texas, operated by Eqv Operating LLC in the Phantom (Wolfcamp) field.

1 well

368,934mcf gas, last 12 months−18% vs prior year
Operator
Eqv Operating LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-293866

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
31,545 bbl
Gas in Jul 2026
30,018 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Eqv Operating LLC took over from Rio Oil and Gas (Permian) Ii,llc in Dec 2024.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jun 27, 2025 (last P-5 filed Oct 4, 2024).

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

See why checks stop on this lease

Production by month

Gas output fell 18% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for EXPEDITION STATE UNIT 71-67, Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 368,934 mcf in the 12 months through Jul 2026, against 447,702 mcf in the 12 months before.Last 12 months: 368,934 mcfmcf per monthbbl per month0020k2,00040k4,00060k6,00080k8,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for EXPEDITION STATE UNIT 71-67, Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 368,934 mcf in the 12 months through Jul 2026, against 447,702 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020k2,00040k4,00060k6,00080k8,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 3.8% of the gas in Feb 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plantShare of EXPEDITION STATE UNIT 71-67 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 3.8% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: plant to lineFlared 3.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plantShare of EXPEDITION STATE UNIT 71-67 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 3.8% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Apr 26: plant to lineFlared 3.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    67% · 245,946 mcf

  • Transmission line (2)

    31% · 113,491 mcf

  • Lease fuel (1)

    2.3% · 8,462 mcf

  • Flared (4)

    0.3% · 1,035 mcf

0.3% 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 Dec 2024

Operators of this lease over timeRio Oil and Gas (Permian) Ii,llc, Aug 2022 to Nov 2024; Eqv Operating LLC, Dec 2024 to Jul 20262023202420252026Changed Dec 2024Rio Oil and Gas (Permian) Ii,…Aug 2022 to Nov 2024Eqv Operating LLCDec 2024 to now
Operators of this lease over timeRio Oil and Gas (Permian) Ii,llc, Aug 2022 to Nov 2024; Eqv Operating LLC, Dec 2024 to Jul 20262023202420252026Changed Dec 2024Rio Oil and Gas (Permian) Ii,llcAug 2022 to Nov 2024Eqv Operating LLCDec 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on EXPEDITION STATE UNIT 71-67
API numberWell no.Status
42-389-399733HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCCondensateGathers100Dec 19, 2024–
Delaware Basin Midstream LLCGas-well gasBuys100Jan 1, 2024–
Delaware Basin Midstream LLCGas-well gasGathers100Jan 1, 2024–
Dk Trading & Supply, LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Enterprise Crude Oil LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Oryx Delaware Oil Transport LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Trafigura Trading LLCCondensateGathers25Jan 1, 2024Dec 19, 2024
Dk Trading & Supply, LLCCondensateGathers33.34Aug 21, 2022Jan 1, 2024
Enterprise Crude Oil LLCCondensateGathers33.33Aug 21, 2022Jan 1, 2024

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

Who buys my oilOil price check

1,287 acres on the newest permit

Check your decimal on this lease
Permits for Expedition State Unit 71-67
API numberWell no.Acreson the permit
42-389-399733H1,287

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

Unit decimal checker

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36 months, newest first

Ledger for EXPEDITION STATE UNIT 71-67
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Eqv Operating2,4502,46330,01828,42879$80.46$2.89
Jun 2026Eqv Operating2,3902,34828,37626,9650$84.81$3.15
May 2026Eqv Operating2,6052,60229,73328,3023$102.13$2.94
Apr 2026Eqv Operating2,6392,73431,26929,7960$100.32$2.77
Mar 2026Eqv Operating2,7172,62831,43130,32521$91.38$3.04
Feb 2026Eqv Operating2,4492,45128,44227,458217$64.51$3.62
Jan 2026Eqv Operating2,3492,30026,82126,153101$60.04$7.72
Dec 2025Eqv Operating2,6012,60131,75631,298238$57.97$4.26
Nov 2025Eqv Operating2,6752,71132,01932,0109$60.06$3.79
Oct 2025Eqv Operating2,9352,92732,56832,225343$60.89$3.19
Sep 2025Eqv Operating2,7982,74132,86032,8600$63.96$2.97
Aug 2025Eqv Operating2,9372,97733,64133,61724$64.86$2.91
Jul 2025Eqv Operating3,0192,99633,53633,350186$68.39$3.20
Jun 2025Eqv Operating2,8772,88733,87333,8730$68.17$3.02
May 2025Eqv Operating2,9953,02734,64034,494146$62.17$3.12
Apr 2025Eqv Operating2,9112,90534,74234,472270$63.54$3.42
Mar 2025Eqv Operating3,0043,01039,72139,7210$68.24$4.12
Feb 2025Eqv Operating2,7192,70335,17734,651525$71.53$4.19
Jan 2025Eqv Operating2,9652,98135,76135,267494$75.74$4.13
Dec 2024Eqv Operating3,1453,13640,79240,75933$70.12$3.01
Nov 2024Rio Oil2,9602,96538,35738,32730$69.95$2.12
Oct 2024Rio Oil3,2703,25940,54340,372171$71.99$2.20
Sep 2024Rio Oil3,1763,26738,74538,625120$70.24$2.28
Aug 2024Rio Oil3,4723,44941,81541,461354$76.68$1.99
Jul 2024Rio Oil3,5173,54543,12442,527597$81.80$2.07
Jun 2024Rio Oil3,6543,63145,36645,195171$79.77$2.54
May 2024Rio Oil3,8153,83548,71648,62195$80.02$2.12
Apr 2024Rio Oil3,8333,87948,67648,59383$85.35$1.60
Mar 2024Rio Oil4,2984,29353,89353,82865$81.28$1.49
Feb 2024Rio Oil4,0754,03351,26749,3341,933$77.25$1.72
Jan 2024Rio Oil4,0074,11851,82150,945876$74.15$3.18
Dec 2023Rio Oil4,6494,68260,21560,012203$71.90$2.52
Nov 2023Rio Oil4,7544,73559,00158,357644$77.69$2.71
Oct 2023Rio Oil4,6684,62851,97751,420326$85.64$2.98
Sep 2023Rio Oil4,5884,71050,25449,8203$89.43$2.64
Aug 2023Rio Oil5,2705,21656,06055,254330$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

This lease belongs to

OperatorEqv Operating LLCFieldPhantom (Wolfcamp)CountyReeves County

Eqv Operating LLC in Reeves County

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Phantom (Wolfcamp) field

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