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Texas oil lease

Producing

HIGHTOWER STATE UNIT

Hightower State Unit is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

6 wells

228,936bbl oil, last 12 months+341% vs prior year
RRC lease
08-46762

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
422,671 mcf
Oil in Jul 2026
21,568 bbl

Production by month

Oil output rose 341% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 341% over the last 12 monthsMonthly oil production and gas for HIGHTOWER STATE UNIT, Aug 2023 to Jul 2026. Oil output rose 341% over the last 12 months. 228,936 bbl in the 12 months through Jul 2026, against 51,929 bbl in the 12 months before.Last 12 months: 228,936 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 341% over the last 12 monthsMonthly oil production and gas for HIGHTOWER STATE UNIT, Aug 2023 to Jul 2026. Oil output rose 341% over the last 12 months. 228,936 bbl in the 12 months through Jul 2026, against 51,929 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a transmission line in the last 12 months

Flaring peaked at 47.2% of the gas in Aug 2025.

  • Transmission line (2)
  • Flared (4)
93% of the gas went to a transmission line in the last 12 monthsShare of HIGHTOWER STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 47.2% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 47.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of HIGHTOWER STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 47.2% of the gas in Aug 2025.Share of gas by disposition code0%50%100%Flared 47.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 393,273 mcf

  • Flared (4)

    7.0% · 29,398 mcf

7.0% of the gas flared in the last 12 months. 19 months above 3%.

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.

6 wells on this lease

Wells on HIGHTOWER STATE UNIT
API numberWell no.Status
42-389-343751HActive
42-389-357582HActive
42-389-36333U 43HActive
42-389-36334U 34HActive
42-389-41809333HShut-in
42-389-41810332HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Feb 21, 2019–
Energy Transfer CompanyCasinghead gasBuys100Jun 4, 2018–
Energy Transfer CompanyCasinghead gasGathers100Jun 4, 2018–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jun 4, 2018Feb 21, 2019

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

640 acres on the newest permit

Permits for Hightower State Unit
API numberWell no.Acreson the permit
42-389-41810332H640
42-389-41809333H640
42-389-343751H667.91
42-389-36333U 43H640
42-389-36334U 34H640
42-389-357582H640

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

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 HIGHTOWER STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources21,56821,53251,81948,0213,798$80.46$2.89
Jun 2026Permian Resources23,00223,04150,05043,2636,787$84.81$3.15
May 2026Permian Resources27,17327,15957,92656,4091,517$102.13$2.94
Apr 2026Permian Resources26,28927,04248,51044,8723,638$100.32$2.77
Mar 2026Permian Resources34,22333,48958,21053,3544,856$91.38$3.04
Feb 2026Permian Resources33,17732,85154,24553,305940$64.51$3.62
Jan 2026Permian Resources48,71948,93963,76462,933831$60.04$7.72
Dec 2025Permian Resources3644768938930$57.97$4.26
Nov 2025Permian Resources2,1632,0685,6904,704986$60.06$3.79
Oct 2025Permian Resources4,0324,11910,25110,118133$60.89$3.19
Sep 2025Permian Resources4,1164,03210,2439,551692$63.96$2.97
Aug 2025Permian Resources4,1103,96511,0705,8505,220$64.86$2.91
Jul 2025Permian Resources4,3124,4689,9629,434528$68.39$3.20
Jun 2025Permian Resources3,6023,3968,6856,2122,473$68.17$3.02
May 2025Permian Resources5,0455,23211,3978,1653,232$62.17$3.12
Apr 2025Permian Resources3,7404,1479,0006,3622,638$63.54$3.42
Mar 2025Permian Resources3,4563,6798,8468,292554$68.24$4.12
Feb 2025Permian Resources2,9513,2837,2417,2410$71.53$4.19
Jan 2025Permian Resources4,3033,11711,33611,3360$75.74$4.13
Dec 2024Permian Resources4,5914,79512,97512,9750$70.12$3.01
Nov 2024Permian Resources4,3144,29211,76811,7680$69.95$2.12
Oct 2024Permian Resources5,7745,94114,19813,987211$71.99$2.20
Sep 2024Permian Resources5,7195,58512,57812,042536$70.24$2.28
Aug 2024Permian Resources4,1224,15610,29510,2950$76.68$1.99
Jul 2024Permian Resources4,0604,13510,68610,327359$81.80$2.07
Jun 2024Permian Resources4,8584,86611,20410,732472$79.77$2.54
May 2024Permian Resources6,1796,23212,97510,5652,410$80.02$2.12
Apr 2024Permian Resources4,0543,9939,5899,57613$85.35$1.60
Mar 2024Permian Resources1,9491,9826,6656,6650$81.28$1.49
Feb 2024Permian Resources1,8961,9587,0787,0780$77.25$1.72
Jan 2024Permian Resources2,1812,1318,5208,5200$74.15$3.18
Dec 2023Permian Resources3,7373,74210,74410,7440$71.90$2.52
Nov 2023Permian Resources3,6353,63510,55810,378180$77.69$2.71
Oct 2023Permian Resources3,8183,68110,2886,8483,440$85.64$2.98
Sep 2023Permian Resources3,6623,66010,8159,0811,734$89.43$2.64
Aug 2023Permian Resources4,1254,17312,98511,7691,216$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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