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Texas oil lease

Producing

HORNET STATE C

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

1 well

88,148bbl oil, last 12 months−38% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-60551

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
231,022 mcf
Oil in Jul 2026
6,168 bbl

Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for HORNET STATE C, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 88,148 bbl in the 12 months through Jul 2026, against 141,536 bbl in the 12 months before.Last 12 months: 88,148 bblbbl per monthmcf per month0020k50k40k100k60k150k80k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for HORNET STATE C, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 88,148 bbl in the 12 months through Jul 2026, against 141,536 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k50k40k100k60k150k80k200kJan 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 C 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 C 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% · 226,754 mcf

  • Lease fuel (1)

    1.1% · 2,649 mcf

  • Flared (4)

    0.7% · 1,619 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 C
API numberWell no.Status
42-389-40487131HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers25Aug 3, 2023
Lpc Crude Iii, LLCOilGathers25Aug 3, 2023
Noble Energy INCOilGathers25Aug 3, 2023
Shell Trading (Us) CompanyOilGathers25Aug 3, 2023
Noble Energy INCCasinghead gasBuys100Aug 3, 2023
Noble Energy INCCasinghead gasGathers100Aug 3, 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 C
API numberWell no.Acreson the permit
42-389-40487131H996.02

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 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,1686,19118,20017,90530$80.46$2.89
Jun 20266,2326,18917,56117,072254$84.81$3.15
May 20266,6416,63516,18015,86773$102.13$2.94
Apr 20266,7306,91818,43017,753445$100.32$2.77
Mar 20266,8026,73618,48317,990266$91.38$3.04
Feb 20266,4236,44516,51916,25076$64.51$3.62
Jan 20267,2927,27018,23318,0236$60.04$7.72
Dec 20257,8247,87118,94218,7380$57.97$4.26
Nov 20257,5157,53917,79817,5964$60.06$3.79
Oct 20258,6648,56322,50922,19798$60.89$3.19
Sep 20258,5618,54323,00722,530260$63.96$2.97
Aug 20259,2969,37425,16024,833107$64.86$2.91
Jul 20259,5179,47425,91525,356290$68.39$3.20
Jun 20259,7389,73326,25725,648360$68.17$3.02
May 202510,67910,67828,45327,799399$62.17$3.12
Apr 202510,89010,92429,56629,159170$63.54$3.42
Mar 202512,42912,37832,49032,138107$68.24$4.12
Feb 20259,99810,00926,10125,760110$71.53$4.19
Jan 202511,52211,60031,58430,918382$75.74$4.13
Dec 202411,90611,79736,34833,1832,814$70.12$3.01
Nov 202412,52612,54338,16337,867119$69.95$2.12
Oct 202413,95513,92642,07341,729125$71.99$2.20
Sep 202413,01413,00736,12635,782172$70.24$2.28
Aug 202415,36215,39433,36932,293923$76.68$1.99
Jul 202416,54016,52345,79145,239350$81.80$2.07
Jun 202415,80115,78940,99940,78233$79.77$2.54
May 202419,12119,11646,08145,79192$80.02$2.12
Apr 202416,64116,66242,23042,05177$85.35$1.60
Mar 202419,12319,10047,49547,27862$81.28$1.49
Feb 202420,11720,15852,16151,712280$77.25$1.72
Jan 202423,74523,78763,56663,255104$74.15$3.18
Dec 202330,19830,21177,02276,370469$71.90$2.52
Nov 202336,05136,14491,87787,7643,903$77.69$2.71
Oct 202346,32346,471119,375118,848303$85.64$2.98
Sep 202358,49758,337145,404144,346851$89.43$2.64
Aug 202342,27741,989109,259107,1991,848$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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