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Texas gas well

Producing

HEAGNEY 4-48

Heagney 4-48 is a gas well in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

1 well

43,446mcf gas, last 12 months+24% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-270391

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
983 bbl
Gas in Jul 2026
5,276 mcf

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 gas wells on Dec 1, 2024.

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

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Production by month

Gas output rose 24% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 24% over the last 12 monthsMonthly gas production and oil for HEAGNEY 4-48, Aug 2023 to Jul 2026. Gas output rose 24% over the last 12 months. 43,446 mcf in the 12 months through Jul 2026, against 34,989 mcf in the 12 months before.Last 12 months: 43,446 mcfmcf per monthbbl per month002,000504,0001006,0001508,00020010k250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 24% over the last 12 monthsMonthly gas production and oil for HEAGNEY 4-48, Aug 2023 to Jul 2026. Gas output rose 24% over the last 12 months. 43,446 mcf in the 12 months through Jul 2026, against 34,989 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000504,0001006,0001508,00020010k250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

80% of the gas went to a transmission line in the last 12 months

Flaring peaked at 4.4% of the gas in Nov 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
80% of the gas went to a transmission line in the last 12 monthsShare of HEAGNEY 4-48 gas by disposition code each month, Aug 2023 to Jul 2026. 80% of the gas went to a transmission line in the last 12 months. Flaring peaked at 4.4% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
80% of the gas went to a transmission line in the last 12 monthsShare of HEAGNEY 4-48 gas by disposition code each month, Aug 2023 to Jul 2026. 80% of the gas went to a transmission line in the last 12 months. Flaring peaked at 4.4% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 4.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    80% · 34,859 mcf

  • Lease fuel (1)

    20% · 8,587 mcf

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 HEAGNEY 4-48
API numberWell no.Status
42-389-331741HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers100Dec 1, 2024–
Kinetik Holdings LPGas-well gasBuys100Dec 1, 2024–
Kinetik Holdings LPGas-well gasGathers100Dec 1, 2024–
Trimac Transportation Inc.CondensateGathers100Mar 1, 2022Dec 1, 2024
Eagleclaw Midstream Ventures,llcGas-well gasGathers100Sep 1, 2016Dec 1, 2024
Eagleclaw Midstream Ventures,llcGas-well gasBuys100Sep 1, 2016Dec 1, 2024
Gibson Energy Marketing, LLCCondensateGathers100Nov 1, 2017Mar 1, 2022

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

Who buys my oilOil price check

645.12 acres on the newest permit

Check your decimal on this lease
Permits for Heagney 4-48
API numberWell no.Acreson the permit
42-389-331741H645.12

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

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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 HEAGNEY 4-48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources13405,2764,4140$80.46$2.89
Jun 2026Permian Resources1423154,8974,0800$84.81$3.15
May 2026Permian Resources10504,3583,4900$102.13$2.94
Apr 2026Permian Resources1414614,1353,2950$100.32$2.77
Mar 2026Permian Resources2504,2133,4650$91.38$3.04
Feb 2026Permian Resources2905,1434,3590$64.51$3.62
Jan 2026Permian Resources3103,7532,9410$60.04$7.72
Dec 2025Permian Resources1304,1573,2890$57.97$4.26
Nov 2025Permian Resources1001,2691,1290$60.06$3.79
Oct 2025Permian Resources1404763080$60.89$3.19
Sep 2025Permian Resources1913252,7691,9290$63.96$2.97
Aug 2025Permian Resources14803,0002,1600$64.86$2.91
Jul 2025Permian Resources1333602,9152,0470$68.39$3.20
Jun 2025Permian Resources13502,6441,8546$68.17$3.02
May 2025Permian Resources1481832,8842,0160$62.17$3.12
Apr 2025Permian Resources1251842,7022,0930$63.54$3.42
Mar 2025Permian Resources1471802,9262,0840$68.24$4.12
Feb 2025Permian Resources13102,6911,9190$71.53$4.19
Jan 2025Permian Resources1721842,8952,0460$75.74$4.13
Dec 2024Permian Resources1631862,9732,1050$70.12$3.01
Nov 2024Permian Resources1453502,7211,82782$69.95$2.12
Oct 2024Permian Resources1561843,1272,2590$71.99$2.20
Sep 2024Permian Resources14203,0132,19930$70.24$2.28
Aug 2024Permian Resources1541833,4982,6580$76.68$1.99
Jul 2024Permian Resources1531823,3692,5570$81.80$2.07
Jun 2024Permian Resources1611823,5362,7050$79.77$2.54
May 2024Permian Resources1741843,1782,30535$80.02$2.12
Apr 2024Permian Resources1651843,2792,4670$85.35$1.60
Mar 2024Permian Resources1921833,1522,3510$81.28$1.49
Feb 2024Permian Resources1741833,0082,2450$77.25$1.72
Jan 2024Permian Resources2211833,0102,1560$74.15$3.18
Dec 2023Permian Resources1631803,0692,2380$71.90$2.52
Nov 2023Permian Resources1761863,1492,170139$77.69$2.71
Oct 2023Permian Resources16703,4682,6000$85.64$2.98
Sep 2023Permian Resources1873693,1852,3450$89.43$2.64
Aug 2023Permian Resources1501813,4442,6040$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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This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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