Texas oil lease
ProducingHOLT 1222-1221 ALLOC 02
Holt 1222-1221 Alloc 02 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.
Oil lease dossier
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20704
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 67,744 mcf
- Oil in Jul 2026
- 2,119 bbl
Production by month
Oil output rose 41% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 31.7% of the gas in Aug 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
76% · 51,605 mcf
Lease fuel (1)
20% · 13,683 mcf
Flared (4)
3.6% · 2,456 mcf
3.6% of the gas flared in the last 12 months. 6 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Feb 2021 to Apr 2022
- Sable Permian Resources, LLC Mar 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Mar 1, 2020 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Buys | 100 | May 30, 2024 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Gathers | 100 | May 30, 2024 | – |
| Cogent Midstream Logistics, LLC | Casinghead gas | Gathers | 100 | Mar 1, 2020 | Nov 1, 2023 |
| Cogent Midstream Logistics, LLC | Casinghead gas | Buys | 100 | Mar 1, 2020 | Nov 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,150.86 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Good to know
The wells on this lease state different acreage
The permits state between 1,054.86 and 1,150.86 acres. Use the acres from your own division order for the well you are paid on.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-40399 | 03HK | Sep 21, 2018 | Feb 19, 2019 | 1,150.86 |
| 42-383-40398 | 02HA | Sep 20, 2018 | Feb 19, 2019 | 1,054.86 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 2,119 | 2,136 | 9,244 | 7,866 | 54 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 2,373 | 2,352 | 7,107 | 5,978 | 22 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,896 | 1,919 | 4,804 | 3,989 | 8 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,916 | 1,989 | 6,028 | 3,460 | 1,480 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 2,504 | 2,402 | 7,769 | 6,174 | 351 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 2,514 | 2,533 | 4,384 | 3,428 | 162 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,848 | 1,830 | 5,889 | 4,589 | 263 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 2,674 | 2,680 | 8,280 | 6,552 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 2,583 | 2,611 | 6,371 | 4,746 | 23 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 2,621 | 2,639 | 3,180 | 1,577 | 35 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 3,358 | 3,336 | 4,481 | 3,093 | 53 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,413 | 1,359 | 207 | 153 | 5 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 759 | 722 | 166 | 162 | 3 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 124 | 121 | 843 | 654 | 4 | $68.17 | $3.02 |
| May 2025Permian Resources | 36 | 127 | 520 | 279 | 14 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,726 | 1,698 | 14,579 | 13,130 | 14 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,710 | 1,698 | 13,861 | 11,916 | 62 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 1,679 | 1,688 | 16,749 | 13,478 | 3 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 2,229 | 2,225 | 19,387 | 16,332 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 2,333 | 2,347 | 19,198 | 17,327 | 156 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 2,485 | 2,494 | 20,489 | 18,573 | 53 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 2,676 | 2,626 | 21,241 | 19,117 | 26 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 1,892 | 1,903 | 14,078 | 9,695 | 2,761 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 2,049 | 2,057 | 16,174 | 9,323 | 5,133 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 2,441 | 2,435 | 22,899 | 20,482 | 156 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 2,455 | 2,465 | 19,916 | 17,836 | 1 | $79.77 | $2.54 |
| May 2024Permian Resources | 2,511 | 2,527 | 20,690 | 17,426 | 204 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 2,722 | 2,692 | 22,278 | 19,835 | 2 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 2,821 | 2,827 | 22,194 | 19,685 | 9 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 2,765 | 2,748 | 19,763 | 17,336 | 44 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 2,825 | 2,825 | 14,186 | 11,089 | 23 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 2,866 | 2,894 | 11,887 | 10,409 | 6 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 2,777 | 2,763 | 13,392 | 11,694 | 82 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 2,963 | 2,991 | 15,288 | 13,105 | 137 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 2,932 | 2,901 | 13,541 | 11,591 | 118 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 3,026 | 3,070 | 13,978 | 12,115 | 105 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reagan County
- TSRH EAST 18-20 D
17,567 bbl
- TSRH WEST 19-20 D
19,547 bbl
- ULANDS 48 3-13 D
21,824 bbl
- TSRH EAST 18-20 F
14,666 bbl
- HARTGROVE UNIT 22
17,842 bbl
- TSRH EAST 18-20 A
19,827 bbl
- WEATHERBY 1225-1226 E
21,180 bbl
- UNIVERSITY 09 10-15 ALLOC 12
24,513 bbl
- UNIVERSITY 43-14
6,787 bbl
- TSRH UNIT 28N
8,668 bbl
Spraberry (Trend Area) R 40 Exc field
- HAIL TAP ROCK
18,315 bbl
- KASHMIR EAST J
25,741 bbl
- BROOK D-E3B
14,757 bbl
- ATKINS #14-11
18,649 bbl
- BROOK D-31I
28,756 bbl
- ATKINS '14-11'
18,437 bbl
- GRIMES A 19-18
28,357 bbl
- LATZEL 3946 B
15,650 bbl
- DRIVER W28P
16,098 bbl
- BROOK N-7C
23,505 bbl
New drilling permits in Reagan County
Newest in the county: this lease has no coordinates.
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918897 · Sep 25, 2026
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918891 · Sep 25, 2026
HILL WEST E 28-35 #4305H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918894 · Sep 25, 2026
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918888 · Sep 25, 2026