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Texas oil lease · RRC district 08 · Lease 41854

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GLOBE 1

Globe 1 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field. The Railroad Commission shows 2,285 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

2,285bbl oil, last 12 months−23% vs prior year
RRC lease
08-41854

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Gas, last 12 months
127 mcf
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 23% over the last 12 months

2,285 bbl in the 12 months through Jul 2026, against 2,957 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for GLOBE 1, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 2,285 bbl in the 12 months through Jul 2026, against 2,957 bbl in the 12 months before.Last 12 months: 2,285 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for GLOBE 1, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 2,285 bbl in the 12 months through Jul 2026, against 2,957 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 41854, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Apr 2024 the lease's gas goes to a processing plant instead of a transmission line

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 13.3% of the gas in Nov 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of GLOBE 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 13.3% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: line to plantFlared 13.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of GLOBE 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a processing plant instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 13.3% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Apr 24: line to plantFlared 13.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 41854, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.8% of the gas was flared. One month went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Nov 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating,…Nov 2024 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 41854 in district 08. The API number is the state’s ID for a well.
Wells on GLOBE 1
API numberWell no.Status
42-389-327431Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 41854.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Enterprise Crude Oil LLC gathers it.

    100% of it, on the list since Mar 31, 2026

  • Gas from oil wells

    Enterprise Products Operating LLC buys it; Kinetik Holdings LP buys and gathers it.

    Enterprise Products Operating LLC buys it: 50% of it, on the list since Mar 31, 2026 · Kinetik Holdings LP buys it: 50% of it, on the list since Mar 31, 2026 · Kinetik Holdings LP gathers it: 100% of it, on the list since Mar 31, 2026

Companies that used to be listed: Energy Transfer Company (gathers it, until Mar 31, 2026); Energy Transfer Company (buys it, until Mar 31, 2026); Bridger Transportation, LLC (gathers it, until Mar 31, 2026); Shell Trading (Us) Company (gathers it, until Mar 31, 2026).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

655.23 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
0
First completion
May 2, 2011
Latest permit
Feb 2, 2011
Wells and acres on the permits for Globe 1
API numberWell no.Acreson the permit
42-389-327431655.23

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

What the operator reported

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says GLOBE 1 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for GLOBE 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Permian Resources00000$80.46$2.89
Jun 2026Permian Resources00000$84.81$3.15
May 2026Permian Resources00000$102.13$2.94
Apr 2026Permian Resources11000$100.32$2.77
Mar 2026Permian Resources120193000$91.38$3.04
Feb 2026Permian Resources109180000$64.51$3.62
Jan 2026Permian Resources310390000$60.04$7.72
Dec 2025Permian Resources279221000$57.97$4.26
Nov 2025Permian Resources352346000$60.06$3.79
Oct 2025Permian Resources34938338380$60.89$3.19
Sep 2025Permian Resources37242267670$63.96$2.97
Aug 2025Permian Resources39338322220$64.86$2.91
Jul 2025Permian Resources43352388880$68.39$3.20
Jun 2025Permian Resources4123731151150$68.17$3.02
May 2025Permian Resources710732000$62.17$3.12
Apr 2025Permian Resources95039390$63.54$3.42
Mar 2025Permian Resources18617840400$68.24$4.12
Feb 2025Permian Resources00000$71.53$4.19
Jan 2025Permian Resources2443475215210$75.74$4.13
Dec 2024Permian Resources3135311,1511,1510$70.12$3.01
Nov 2024Permian Resources31222,8422,8420$69.95$2.12
Oct 2024OXY USA891841,0011,0001$71.99$2.20
Sep 2024OXY USA1601767,7997,696103$70.24$2.28
Aug 2024OXY USA307,2937,2930$76.68$1.99
Jul 2024OXY USA002,4402,4364$81.80$2.07
Jun 2024OXY USA13103,1483,1480$79.77$2.54
May 2024OXY USA1481764,0534,0530$80.02$2.12
Apr 2024OXY USA2893517,6787,64434$85.35$1.60
Mar 2024OXY USA2191776,1756,1750$81.28$1.49
Feb 2024OXY USA1031701,7501,7473$77.25$1.72
Jan 2024OXY USA3108348340$74.15$3.18
Dec 2023OXY USA1230000$71.90$2.52
Nov 2023OXY USA611734,1073,562545$77.69$2.71
Oct 2023OXY USA113,6293,6290$85.64$2.98
Sep 2023OXY USA5603223220$89.43$2.64
Aug 2023OXY USA1931602552550$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for GLOBE 1. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Permian Resources Operating, LLC.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

Permian Resources Operating, LLC in Reeves County

All Permian Resources Operating, LLC leases →

Wolfbone (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 41854, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.