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Texas oil lease

Producing

J. W. MCCULLOUGH UNIT

J. W. McCullough Unit is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

3 wells

886bbl oil, last 12 months−73% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-40641

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
205 mcf
Oil in Jul 2026
39 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Mar 31, 2026.

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

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Production by month

Oil output fell 73% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for J. W. MCCULLOUGH UNIT, Aug 2023 to Jul 2026. Oil output fell 73% over the last 12 months. 886 bbl in the 12 months through Jul 2026, against 3,234 bbl in the 12 months before.Last 12 months: 886 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for J. W. MCCULLOUGH UNIT, Aug 2023 to Jul 2026. Oil output fell 73% over the last 12 months. 886 bbl in the 12 months through Jul 2026, against 3,234 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2024 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 100.0% of the gas in Feb 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since May 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of J. W. MCCULLOUGH UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 100.0% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: line to plantFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of J. W. MCCULLOUGH UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 100.0% of the gas in Feb 2025.Share of gas by disposition code0%50%100%May 24: line to plantFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    94% · 2,025 mcf

  • Processing plant (3)

    4.5% · 97 mcf

  • Transmission line (2)

    1.5% · 33 mcf

94.0% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating,…Nov 2024 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on J. W. MCCULLOUGH UNIT
API numberWell no.Status
42-389-316871Shut-in
42-389-329202Shut-in
42-389-333553Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Kinetik Holdings LPOilGathers90Mar 31, 2026–
Enterprise Crude Oil LLCOilGathers10Mar 31, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasGathers100Mar 31, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Mar 31, 2026
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Mar 31, 2026
Bridger Transportation, LLCOilGathers50Aug 1, 2014Mar 31, 2026
Shell Trading (Us) CompanyOilGathers50Dec 23, 2013Mar 31, 2026

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

Who buys my oilOil price check

483.07 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 483.07 and 644.07 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for J. W. McCullough Unit
API numberWell no.Acreson the permit
42-389-333553483.07
42-389-329202483.07
42-389-316871644.07

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 J. W. MCCULLOUGH UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources3940532$80.46$2.89
Jun 2026Permian Resources4336404$84.81$3.15
May 2026Permian Resources1619110$102.13$2.94
Apr 2026Permian Resources232613013$100.32$2.77
Mar 2026Permian Resources4046532$91.38$3.04
Feb 2026Permian Resources7014613013$64.51$3.62
Jan 2026Permian Resources20415811011$60.04$7.72
Dec 2025Permian Resources19116318018$57.97$4.26
Nov 2025Permian Resources636830264$60.06$3.79
Oct 2025Permian Resources8610944404$60.89$3.19
Sep 2025Permian Resources1116561574$63.96$2.97
Aug 2025Permian Resources00000$64.86$2.91
Jul 2025Permian Resources08000$68.39$3.20
Jun 2025Permian Resources00000$68.17$3.02
May 2025Permian Resources037000$62.17$3.12
Apr 2025Permian Resources2302541,95001,950$63.54$3.42
Mar 2025Permian Resources4014294240424$68.24$4.12
Feb 2025Permian Resources24642636036$71.53$4.19
Jan 2025Permian Resources529430000$75.74$4.13
Dec 2024Permian Resources57151521210$70.12$3.01
Nov 2024Permian Resources5795237667660$69.95$2.12
Oct 2024OXY USA2583053283280$71.99$2.20
Sep 2024OXY USA2632182722684$70.24$2.28
Aug 2024OXY USA1571962962960$76.68$1.99
Jul 2024OXY USA27525355550$81.80$2.07
Jun 2024OXY USA21124231310$79.77$2.54
May 2024OXY USA2452222892890$80.02$2.12
Apr 2024OXY USA221340000$85.35$1.60
Mar 2024OXY USA5206503003000$81.28$1.49
Feb 2024OXY USA8989031,1861,1842$77.25$1.72
Jan 2024OXY USA9771,1221,0981,0980$74.15$3.18
Dec 2023OXY USA1,3971,3395375370$71.90$2.52
Nov 2023OXY USA1,2521,059000$77.69$2.71
Oct 2023OXY USA9191,1164754750$85.64$2.98
Sep 2023OXY USA1,4551,4141,2541,2531$89.43$2.64
Aug 2023OXY USA1,6671,6481,3521,3520$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, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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