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Texas oil lease

Producing

HORNET STATE G

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

1 well

50,249bbl oil, last 12 months−32% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-60555

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
103,722 mcf
Oil in Jul 2026
3,094 bbl

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for HORNET STATE G, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 50,249 bbl in the 12 months through Jul 2026, against 73,987 bbl in the 12 months before.Last 12 months: 50,249 bblbbl per monthmcf per month0020k50k40k100k60k150k80k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for HORNET STATE G, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 50,249 bbl in the 12 months through Jul 2026, against 73,987 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 G 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 G 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% · 102,063 mcf

  • Lease fuel (1)

    1.1% · 1,112 mcf

  • Flared (4)

    0.5% · 547 mcf

0.5% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on HORNET STATE G
API numberWell no.Status
42-389-40492133HActive

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

1,116.02 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 G
API numberWell no.Acreson the permit
42-389-40492133H1,116.02

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 G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,0943,1043,6883,6286$80.46$2.89
Jun 20263,0313,0103,3163,22448$84.81$3.15
May 20263,2233,2213,2183,15614$102.13$2.94
Apr 20263,3353,4423,8023,66292$100.32$2.77
Mar 20263,7403,7034,0483,94058$91.38$3.04
Feb 20263,5353,5528,7228,58040$64.51$3.62
Jan 20264,1484,13710,92610,8004$60.04$7.72
Dec 20254,5184,54811,41611,2930$57.97$4.26
Nov 20254,4334,44310,62410,5042$60.06$3.79
Oct 20254,9844,93112,71412,53855$60.89$3.19
Sep 20255,2205,22913,59513,314153$63.96$2.97
Aug 20256,9886,95517,65317,42475$64.86$2.91
Jul 20253,1843,1448,3398,16093$68.39$3.20
Jun 20251,8051,8054,4414,33861$68.17$3.02
May 20252,0452,0494,9124,79969$62.17$3.12
Apr 20252,3662,3686,0345,95135$63.54$3.42
Mar 20252,3642,3255,8225,75919$68.24$4.12
Feb 202500000$71.53$4.19
Jan 2025054000$75.74$4.13
Dec 20242,6662,7487,5186,863582$70.12$3.01
Nov 202412,72512,74335,20634,933110$69.95$2.12
Oct 202414,26414,25841,40041,062123$71.99$2.20
Sep 202415,70215,68045,64245,208217$70.24$2.28
Aug 202416,86616,87551,95350,2791,436$76.68$1.99
Jul 202415,10715,11238,39037,928293$81.80$2.07
Jun 202417,01916,99342,19941,97534$79.77$2.54
May 202418,53618,55646,29946,00892$80.02$2.12
Apr 202419,85619,87846,63146,43385$85.35$1.60
Mar 202422,29122,25950,06649,83765$81.28$1.49
Feb 202422,30022,33953,36752,907287$77.25$1.72
Jan 202425,45125,48862,76762,460103$74.15$3.18
Dec 202331,16331,16971,68971,082437$71.90$2.52
Nov 202335,94936,04680,98277,3573,440$77.69$2.71
Oct 202346,81246,941110,220109,734280$85.64$2.98
Sep 202356,43256,258131,456130,500769$89.43$2.64
Aug 202337,77437,51684,67083,0741,432$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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