Texas oil lease
ProducingHORNET STATE E
Hornet State E is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-60554
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 382,840 mcf
- Oil in Jul 2026
- 7,748 bbl
Production by month
Oil output fell 32% 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
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 375,811 mcf
Lease fuel (1)
1.1% · 4,386 mcf
Flared (4)
0.7% · 2,643 mcf
0.7% of the gas flared in the last 12 months. 2 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-40490 | 132H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 25 | Aug 3, 2023 |
| Lpc Crude Iii, LLC | Oil | Gathers | 25 | Aug 3, 2023 |
| Noble Energy INC | Oil | Gathers | 25 | Aug 3, 2023 |
| Shell Trading (Us) Company | Oil | Gathers | 25 | Aug 3, 2023 |
| Noble Energy INC | Casinghead gas | Buys | 100 | Aug 3, 2023 |
| Noble Energy INC | Casinghead gas | Gathers | 100 | Aug 3, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 2026 | 7,748 | 7,782 | 28,444 | 27,983 | 47 | $80.46 | $2.89 |
| Jun 2026 | 8,110 | 8,051 | 28,409 | 27,618 | 411 | $84.81 | $3.15 |
| May 2026 | 8,384 | 8,377 | 25,666 | 25,170 | 115 | $102.13 | $2.94 |
| Apr 2026 | 8,561 | 8,823 | 29,752 | 28,660 | 718 | $100.32 | $2.77 |
| Mar 2026 | 9,245 | 9,152 | 32,213 | 31,354 | 464 | $91.38 | $3.04 |
| Feb 2026 | 8,634 | 8,673 | 28,175 | 27,717 | 129 | $64.51 | $3.62 |
| Jan 2026 | 10,102 | 10,071 | 32,426 | 32,052 | 11 | $60.04 | $7.72 |
| Dec 2025 | 10,814 | 10,884 | 33,519 | 33,159 | 0 | $57.97 | $4.26 |
| Nov 2025 | 10,572 | 10,592 | 31,300 | 30,944 | 7 | $60.06 | $3.79 |
| Oct 2025 | 11,712 | 11,575 | 37,041 | 36,528 | 161 | $60.89 | $3.19 |
| Sep 2025 | 11,565 | 11,549 | 36,501 | 35,745 | 412 | $63.96 | $2.97 |
| Aug 2025 | 13,123 | 13,150 | 39,394 | 38,881 | 168 | $64.86 | $2.91 |
| Jul 2025 | 9,838 | 9,820 | 27,471 | 26,878 | 308 | $68.39 | $3.20 |
| Jun 2025 | 11,529 | 11,526 | 33,110 | 32,341 | 454 | $68.17 | $3.02 |
| May 2025 | 12,818 | 12,812 | 37,161 | 36,307 | 521 | $62.17 | $3.12 |
| Apr 2025 | 12,738 | 12,780 | 37,180 | 36,668 | 214 | $63.54 | $3.42 |
| Mar 2025 | 14,703 | 14,676 | 41,771 | 41,320 | 137 | $68.24 | $4.12 |
| Feb 2025 | 13,919 | 13,950 | 37,774 | 37,280 | 160 | $71.53 | $4.19 |
| Jan 2025 | 17,244 | 17,105 | 41,530 | 40,655 | 502 | $75.74 | $4.13 |
| Dec 2024 | 5,231 | 5,310 | 16,718 | 15,263 | 1,294 | $70.12 | $3.01 |
| Nov 2024 | 17,338 | 17,362 | 53,643 | 53,226 | 168 | $69.95 | $2.12 |
| Oct 2024 | 19,423 | 19,405 | 58,576 | 58,098 | 174 | $71.99 | $2.20 |
| Sep 2024 | 20,399 | 20,354 | 62,100 | 61,509 | 295 | $70.24 | $2.28 |
| Aug 2024 | 19,575 | 19,628 | 60,609 | 58,655 | 1,676 | $76.68 | $1.99 |
| Jul 2024 | 22,424 | 22,413 | 62,052 | 61,305 | 474 | $81.80 | $2.07 |
| Jun 2024 | 23,070 | 23,005 | 68,906 | 68,541 | 55 | $79.77 | $2.54 |
| May 2024 | 20,191 | 20,214 | 53,748 | 53,410 | 107 | $80.02 | $2.12 |
| Apr 2024 | 21,812 | 21,832 | 54,550 | 54,319 | 99 | $85.35 | $1.60 |
| Mar 2024 | 23,930 | 23,909 | 59,109 | 58,839 | 77 | $81.28 | $1.49 |
| Feb 2024 | 26,269 | 26,313 | 63,275 | 62,730 | 340 | $77.25 | $1.72 |
| Jan 2024 | 29,633 | 29,679 | 74,046 | 73,684 | 121 | $74.15 | $3.18 |
| Dec 2023 | 36,660 | 36,665 | 87,451 | 86,710 | 533 | $71.90 | $2.52 |
| Nov 2023 | 42,153 | 42,260 | 102,026 | 97,459 | 4,334 | $77.69 | $2.71 |
| Oct 2023 | 53,670 | 53,819 | 135,379 | 134,781 | 344 | $85.64 | $2.98 |
| Sep 2023 | 64,905 | 64,706 | 159,359 | 158,200 | 932 | $89.43 | $2.64 |
| Aug 2023 | 43,717 | 43,419 | 96,053 | 94,243 | 1,624 | $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.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reeves County
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126,210 bbl
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Leases within 10 km
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36,979 bbl · 0 km
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Drilling permits within 10 km
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CHEVY D #4H
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