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Texas oil lease

Producing

GRACE B

Grace B is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.

1 well

6,781bbl oil, last 12 months−42% vs prior year
RRC lease
7C-20965

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
362,044 mcf
Oil in Jul 2026
533 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for GRACE B, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 6,781 bbl in the 12 months through Jul 2026, against 11,788 bbl in the 12 months before.Last 12 months: 6,781 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for GRACE B, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 6,781 bbl in the 12 months through Jul 2026, against 11,788 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.9% of the gas in May 2026.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of GRACE B gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.9% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of GRACE B gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.9% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 3.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 359,142 mcf

  • Flared (4)

    0.8% · 2,902 mcf

0.8% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Dec 2023

Operators of this lease over timeHibernia Resources III, LLC, Sep 2020 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 2026202120222023202420252026Changed Dec 2023Hibernia Resources III, LLCSep 2020 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now
Operators of this lease over timeHibernia Resources III, LLC, Sep 2020 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 2026202120222023202420252026Changed Dec 2023Hibernia Resources III, LLCSep 2020 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GRACE B
API numberWell no.Status
42-383-408292HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Aug 31, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 31, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 31, 2020

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

1,300.44 acres on the newest permit

An allocation well is on this lease

Permits for Grace B
API numberWell no.Acreson the permit
42-383-408292H1,300.44

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for GRACE B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Civitas Permian53353328,23428,124110$80.46$2.89
Jun 2026Civitas Permian72877830,67230,214458$84.81$3.15
May 2026Civitas Permian58960629,15228,0021,150$102.13$2.94
Apr 2026Civitas Permian61957429,48528,531954$100.32$2.77
Mar 2026Civitas Permian70567130,61330,470143$91.38$3.04
Feb 2026Civitas Permian47748827,29527,21580$64.51$3.62
Jan 2026Civitas Permian73572133,31533,3087$60.04$7.72
Dec 2025Civitas Permian47850126,86926,8690$57.97$4.26
Nov 2025Civitas Permian60861530,41130,4110$60.06$3.79
Oct 2025Civitas Permian60959632,42432,4240$60.89$3.19
Sep 2025Civitas Permian66061339,64039,6400$63.96$2.97
Aug 2025Civitas Permian405723,93423,9340$64.86$2.91
Jul 2025Civitas Permian18822422,26522,2650$68.39$3.20
Jun 2025Civitas Permian51355524,98424,9840$68.17$3.02
May 2025Civitas Permian1,1951,17334,64934,6490$62.17$3.12
Apr 2025Civitas Permian1,00998634,77434,7740$63.54$3.42
Mar 2025Civitas Permian86887036,49136,4910$68.24$4.12
Feb 2025Civitas Permian79780831,51131,5110$71.53$4.19
Jan 2025Civitas Permian1,00199637,81037,8100$75.74$4.13
Dec 2024Civitas Permian1,0431,04836,66136,6610$70.12$3.01
Nov 2024Civitas Permian1,2661,26235,66235,6620$69.95$2.12
Oct 2024Civitas Permian1,4131,42236,02136,0210$71.99$2.20
Sep 2024Civitas Permian1,3221,30029,74329,7430$70.24$2.28
Aug 2024Civitas Permian1,1731,17330,44130,4410$76.68$1.99
Jul 2024Civitas Permian80280122,83522,8350$81.80$2.07
Jun 2024Civitas Permian1,4831,52436,24536,2450$79.77$2.54
May 2024Civitas Permian1,6551,64338,41538,4150$80.02$2.12
Apr 2024Civitas Permian1,3501,35136,06536,0650$85.35$1.60
Mar 2024Civitas Permian1,5271,52641,42841,4280$81.28$1.49
Feb 2024Civitas Permian1,8541,88834,14934,1490$77.25$1.72
Jan 2024Civitas Permian1,7531,72137,53637,5360$74.15$3.18
Dec 2023Civitas Permian1,9502,00239,97239,9720$71.90$2.52
Nov 2023Hibernia Resources1,7601,81939,99439,9940$77.69$2.71
Oct 2023Hibernia Resources1,8591,80744,72544,7250$85.64$2.98
Sep 2023Hibernia Resources1,9781,96244,19144,1910$89.43$2.64
Aug 2023Hibernia Resources1,9921,98947,13947,1390$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Civitas Permian Operating, LLC in Reagan County

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Spraberry (Trend Area) R 40 Exc field

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