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Texas oil lease

Producing

HORNET STATE B

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

1 well

29,148bbl oil, last 12 months−39% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-60550

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
66,583 mcf
Oil in Jul 2026
37 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for HORNET STATE B, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 29,148 bbl in the 12 months through Jul 2026, against 47,448 bbl in the 12 months before.Last 12 months: 29,148 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for HORNET STATE B, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 29,148 bbl in the 12 months through Jul 2026, against 47,448 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 7.7% of the gas in Dec 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of HORNET STATE B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 7.7% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of HORNET STATE B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 7.7% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 7.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 65,384 mcf

  • Lease fuel (1)

    1.1% · 737 mcf

  • Flared (4)

    0.7% · 462 mcf

0.7% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on HORNET STATE B
API numberWell no.Status
42-389-40488221HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers25Aug 2, 2023
Lpc Crude Iii, LLCOilGathers25Aug 2, 2023
Noble Energy INCOilGathers25Aug 2, 2023
Shell Trading (Us) CompanyOilGathers25Aug 2, 2023
Noble Energy INCCasinghead gasBuys100Aug 2, 2023
Noble Energy INCCasinghead gasGathers100Aug 2, 2023

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

Who buys my oilOil price check

996.02 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.

  • 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.

Check your decimal on this lease
Permits for Hornet State B
API numberWell no.Acreson the permit
42-389-40488221H996.02

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

Unit decimal checker

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 HORNET STATE B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026376986850$80.46$2.89
Jun 20261,7781,7674,2524,13461$84.81$3.15
May 20261,9781,9774,7834,69121$102.13$2.94
Apr 20262,0642,1304,9634,781120$100.32$2.77
Mar 20262,3202,2995,4485,30279$91.38$3.04
Feb 20262,2442,2565,0504,96823$64.51$3.62
Jan 20262,6662,6585,9135,8452$60.04$7.72
Dec 20252,8912,9146,2386,1710$57.97$4.26
Nov 20252,9432,9496,1926,1221$60.06$3.79
Oct 20253,2773,2397,4627,35932$60.89$3.19
Sep 20253,2743,2697,6727,51387$63.96$2.97
Aug 20253,6763,7098,5248,41336$64.86$2.91
Jul 20253,8753,8668,9828,788101$68.39$3.20
Jun 20254,4004,39810,76010,510148$68.17$3.02
May 20254,8224,82511,67111,403163$62.17$3.12
Apr 20255,1255,14412,75912,58374$63.54$3.42
Mar 20256,0476,00714,54414,38748$68.24$4.12
Feb 20253,9133,8958,4678,35636$71.53$4.19
Jan 20252,9102,9505,3575,24465$75.74$4.13
Dec 20244,0113,9688,1567,446631$70.12$3.01
Nov 20243,6143,6047,0677,01222$69.95$2.12
Oct 20242,6602,6624,4974,46113$71.99$2.20
Sep 20243,2603,2505,8115,75528$70.24$2.28
Aug 20242,8112,8205,4895,312152$76.68$1.99
Jul 20243,3373,3427,1997,11255$81.80$2.07
Jun 20244,3184,3199,1259,0777$79.77$2.54
May 20245,9065,91614,40414,31329$80.02$2.12
Apr 20246,7506,76016,26216,19429$85.35$1.60
Mar 20248,0378,03018,91718,83025$81.28$1.49
Feb 20248,9278,94822,29022,098120$77.25$1.72
Jan 202410,84610,87328,07227,93546$74.15$3.18
Dec 202315,15915,14138,05937,737232$71.90$2.52
Nov 202313,78913,82032,57531,1171,384$77.69$2.71
Oct 202317,04217,12038,88538,71399$85.64$2.98
Sep 202324,53924,52354,53454,137319$89.43$2.64
Aug 202325,29825,12656,11955,061949$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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Nearby

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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