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IKE STATE

Ike State is an oil lease in Reeves County, Texas, operated by U.S. Energy Development Corp in the Wolfbone (Trend Area) field.

1 well

2,287bbl oil, last 12 months−63% vs prior year
Operator
U.S. Energy Development Corp
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-41941

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
4,004 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: U.S. Energy Development Corp took over from Cog Operating LLC in Apr 2025.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on Apr 1, 2025.

  • Sales

    No sales reported for the last 5 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 63% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for IKE STATE, Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 2,287 bbl in the 12 months through Jul 2026, against 6,132 bbl in the 12 months before.Last 12 months: 2,287 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for IKE STATE, Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 2,287 bbl in the 12 months through Jul 2026, against 6,132 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plantShare of IKE STATE gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plantShare of IKE STATE gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Apr 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    77% · 9,392 mcf

  • Processing plant (3)

    23% · 2,826 mcf

  • Flared (4)

    0.2% · 24 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed once, most recently in Apr 2025

Operators of this lease over timeCog Operating LLC, Jan 2020 to Mar 2025; U.S. Energy Development Corp, Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Cog Operating LLCJan 2020 to Mar 2025U.S. Energy Development CorpApr 2025 to now
Operators of this lease over timeCog Operating LLC, Jan 2020 to Mar 2025; U.S. Energy Development Corp, Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Cog Operating LLCJan 2020 to Mar 2025U.S. Energy Development CorpApr 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on IKE STATE
API numberWell no.Status
42-389-327392501Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Sep 1, 2017–
Kinetik Holdings LPCasinghead gasBuys100Apr 1, 2025–
Kinetik Holdings LPCasinghead gasGathers100Apr 1, 2025–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Sep 1, 2017Apr 1, 2025
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Sep 1, 2017Apr 1, 2025

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

Who buys my oilOil price check

320 acres on the newest permit

Check your decimal on this lease
Permits for Ike State
API numberWell no.Acreson the permit
42-389-327392501320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for IKE STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026U.S. Energy00000$80.46$2.89
Jun 2026U.S. Energy00000$84.81$3.15
May 2026U.S. Energy00000$102.13$2.94
Apr 2026U.S. Energy00000$100.32$2.77
Mar 2026U.S. Energy00000$91.38$3.04
Feb 2026U.S. Energy01000$64.51$3.62
Jan 2026U.S. Energy68413130$60.04$7.72
Dec 2025U.S. Energy4504697987980$57.97$4.26
Nov 2025U.S. Energy4364286336330$60.06$3.79
Oct 2025U.S. Energy4594647887880$60.89$3.19
Sep 2025U.S. Energy53450891990910$63.96$2.97
Aug 2025U.S. Energy4024148538530$64.86$2.91
Jul 2025U.S. Energy4924838628620$68.39$3.20
Jun 2025U.S. Energy4654941,1701,1700$68.17$3.02
May 2025U.S. Energy5606071,4371,4370$62.17$3.12
Apr 2025U.S. Energy6386221,9431,92914$63.54$3.42
Mar 2025Cog Operating5524961,5611,5610$68.24$4.12
Feb 2025Cog Operating4384391,2651,2650$71.53$4.19
Jan 2025Cog Operating4984881,1231,1230$75.74$4.13
Dec 2024Cog Operating5585758988980$70.12$3.01
Nov 2024Cog Operating5295131,1831,1830$69.95$2.12
Oct 2024Cog Operating5896029589580$71.99$2.20
Sep 2024Cog Operating4354369069060$70.24$2.28
Aug 2024Cog Operating3783807287280$76.68$1.99
Jul 2024Cog Operating4274261,1001,1000$81.80$2.07
Jun 2024Cog Operating3593851,1941,1940$79.77$2.54
May 2024Cog Operating12162000$80.02$2.12
Apr 2024Cog Operating55773863860$85.35$1.60
Mar 2024Cog Operating3803759979970$81.28$1.49
Feb 2024Cog Operating4013861,2131,2130$77.25$1.72
Jan 2024Cog Operating3263211,1051,1050$74.15$3.18
Dec 2023Cog Operating2732621,0731,0730$71.90$2.52
Nov 2023Cog Operating2212258118110$77.69$2.71
Oct 2023Cog Operating2071977897890$85.64$2.98
Sep 2023Cog Operating2342221,0941,07024$89.43$2.64
Aug 2023Cog Operating1641581,5081,5080$81.39$2.58

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

OperatorU.S. Energy Development CorpFieldWolfbone (Trend Area)CountyReeves County

U.S. Energy Development Corp in Reeves County

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Wolfbone (Trend Area) field

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