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Texas oil lease

Producing

INTREPID STATE UNIT

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

2 wells

94,497bbl oil, last 12 months−52% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-61668

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
241,476 mcf
Oil in Jul 2026
6,318 bbl

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for INTREPID STATE UNIT, Feb 2024 to Jul 2026. Oil output fell 52% over the last 12 months. 94,497 bbl in the 12 months through Jul 2026, against 195,499 bbl in the 12 months before.Last 12 months: 94,497 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for INTREPID STATE UNIT, Feb 2024 to Jul 2026. Oil output fell 52% over the last 12 months. 94,497 bbl in the 12 months through Jul 2026, against 195,499 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of INTREPID STATE UNIT gas by disposition code each month, Feb 2024 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of INTREPID STATE UNIT gas by disposition code each month, Feb 2024 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 241,248 mcf

  • Flared (4)

    0.1% · 228 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on INTREPID STATE UNIT
API numberWell no.Status
42-389-40938223HActive
42-389-40942133HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Noble Energy INCOilGathers100Feb 8, 2024
Kinetik Holdings LPCasinghead gasBuys100Feb 8, 2024
Kinetik Holdings LPCasinghead gasGathers100Feb 8, 2024

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

Who buys my oilOil price check

418.69 acres on the newest permit

The wells on this lease state different acreage

The permits state between 81.59 and 418.69 acres.

Permits for Intrepid State Unit
API numberWell no.Acreson the permit
42-389-40938223H418.69
42-389-40942133H81.59

SourceRailroad Commission drilling permits, Sep 26, 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

30 months, newest first

Ledger for INTREPID STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,3186,32216,98516,9850$80.46$2.89
Jun 20266,1836,18418,75418,7477$84.81$3.15
May 20267,2717,19718,69918,62178$102.13$2.94
Apr 20267,2167,60018,29618,2960$100.32$2.77
Mar 20267,6017,27919,51619,5160$91.38$3.04
Feb 20267,4887,47118,71718,7170$64.51$3.62
Jan 20267,8447,69618,13718,12116$60.04$7.72
Dec 20258,6198,63821,55021,5500$57.97$4.26
Nov 20258,4718,45220,61620,6160$60.06$3.79
Oct 20258,8288,91923,58223,5820$60.89$3.19
Sep 20259,0829,14922,45922,332127$63.96$2.97
Aug 20259,5769,46124,16524,1650$64.86$2.91
Jul 202510,17610,14224,56024,54614$68.39$3.20
Jun 202510,15210,16924,90624,88620$68.17$3.02
May 202510,90810,88425,81225,80111$62.17$3.12
Apr 202511,30511,46226,02926,01415$63.54$3.42
Mar 202512,41812,27127,84027,79545$68.24$4.12
Feb 202511,98412,07625,73225,7320$71.53$4.19
Jan 202515,22315,14331,08931,01871$75.74$4.13
Dec 202416,06216,26434,07434,0740$70.12$3.01
Nov 202417,80317,89037,04937,0490$69.95$2.12
Oct 202425,82425,68445,79245,029763$71.99$2.20
Sep 202424,35724,28544,67044,60664$70.24$2.28
Aug 202429,28729,28057,84657,694152$76.68$1.99
Jul 202433,94733,91769,51669,5133$81.80$2.07
Jun 202442,39442,44872,61471,5211,093$79.77$2.54
May 202429,00329,65249,40748,712695$80.02$2.12
Apr 202437,56237,00565,30864,545763$85.35$1.60
Mar 202453,00352,99496,37395,2681,105$81.28$1.49
Feb 202434,47334,17747,89147,247644$77.25$1.72

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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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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