Texas oil lease
ProducingKING DAVID MIPA UNIT
King David Mipa Unit is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.
2 wells
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-55173
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Where it sits
This county
- Gas, last 12 months
- 458,915 mcf
- Oil in Jul 2026
- 6,245 bbl
Production by month
Oil output fell 16% 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
Since Apr 2025 the lease's gas goes to a transmission line instead of lease fuel
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 448,543 mcf
Lease fuel (1)
2.2% · 10,063 mcf
Flared (4)
0.1% · 309 mcf
0.1% 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 Mar 2023
- Permian Resources Operating, LLC Mar 2023 to now
- Colgate Operating, LLC Jan 2020 to Feb 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-36331 | 1H | Active |
| 42-389-39924 | 221H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Plains Pipeline L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 2 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Buys | 100 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | May 1, 2026 | – |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Gathers | 100 | Feb 2, 2019 | May 1, 2026 |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Buys | 100 | Feb 2, 2019 | May 1, 2026 |
| Enterprise Crude Oil LLC | Oil | Gathers | 50 | Feb 2, 2019 | May 1, 2026 |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 50 | Feb 2, 2019 | May 1, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
644.06 acres on the newest permit
The wells on this lease state different acreage
The permits state between 154.99 and 644.06 acres.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-39924 | 221H | Apr 1, 2022 | Oct 14, 2022 | 644.06 |
| 42-389-36331 | 1H | Nov 21, 2017 | Feb 2, 2019 | 154.99 |
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 2026Permian Resources | 6,245 | 6,274 | 37,101 | 36,033 | 88 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 6,182 | 6,220 | 34,106 | 33,174 | 82 | $84.81 | $3.15 |
| May 2026Permian Resources | 5,647 | 5,595 | 29,162 | 28,573 | 29 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 5,957 | 6,079 | 30,705 | 29,851 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 4,762 | 4,612 | 25,846 | 24,955 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 5,283 | 5,293 | 30,722 | 29,874 | 76 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 6,836 | 6,829 | 42,418 | 41,584 | 34 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 6,889 | 6,878 | 43,499 | 42,651 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 6,664 | 6,666 | 43,878 | 43,159 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 7,358 | 7,355 | 47,191 | 46,245 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 7,111 | 7,136 | 46,592 | 45,760 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 7,688 | 7,653 | 47,695 | 46,684 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 8,211 | 8,209 | 45,648 | 44,867 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 5,972 | 6,082 | 31,934 | 30,954 | 54 | $68.17 | $3.02 |
| May 2025Permian Resources | 8,092 | 8,066 | 48,792 | 47,827 | 2 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 7,789 | 7,807 | 48,556 | 46,629 | 1,050 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 8,087 | 8,102 | 933 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 7,680 | 7,713 | 41,165 | 40,299 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 9,153 | 9,079 | 41,481 | 40,564 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 7,241 | 7,236 | 32,662 | 31,739 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 7,319 | 7,289 | 31,182 | 30,270 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 6,050 | 6,038 | 32,345 | 31,331 | 24 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 7,616 | 7,685 | 46,462 | 45,814 | 21 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 8,067 | 8,057 | 42,177 | 40,885 | 536 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 9,008 | 9,023 | 49,438 | 48,031 | 26 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 10,032 | 10,030 | 49,788 | 48,110 | 191 | $79.77 | $2.54 |
| May 2024Permian Resources | 10,917 | 10,942 | 52,898 | 51,344 | 125 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 11,473 | 11,448 | 51,464 | 50,391 | 298 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 11,863 | 11,855 | 50,082 | 48,691 | 281 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 11,668 | 11,718 | 46,694 | 45,414 | 73 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 10,652 | 10,563 | 37,238 | 36,034 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 11,878 | 11,881 | 46,405 | 45,077 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 13,109 | 13,141 | 49,460 | 48,228 | 0 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 13,439 | 13,418 | 52,020 | 50,486 | 42 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 13,088 | 13,074 | 49,951 | 48,445 | 0 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 14,173 | 14,124 | 52,301 | 51,497 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Permian Resources Operating, LLC in Reeves County
- COLLINS STATE B
89,571 bbl
- HORNET STATE C
88,148 bbl
- THORNY ROSE B3
76,278 bbl
- SIEBER TRUST
72,423 bbl
- BEAR CLAW STATE 29-28 UNIT
82,049 bbl
- JANEY 24-25 WEST STATE UNIT
78,337 bbl
- ORYX ROAN STATE C
90,574 bbl
- THISSIE STATE 19
85,456 bbl
- BAGPIPE STATE 13-0-269-27 E
83,083 bbl
- WYATT EARP 22-21 UNIT B
83,604 bbl
Phantom (Wolfcamp) field
- JJ WHEAT NW 89-TTT-B01 WF
73,226 bbl
- STATE EINHORN UNIT
776,679 mcf
- MCGREGOR B UNIT
279,620 mcf
- EILAND 8-33
83,526 bbl
- FOWLER 193/194 C
252,269 mcf
- HAT TRICK 56-T1-42X31 BB
675,022 mcf
- CBR 12-1J-56-1
521,695 mcf
- GREAT DANE STATE 55-4-23-20 D
547,848 mcf
- MOOSEHORN 54-1-41-44 M
515,427 mcf
- WEST TUGBOAT STATE 8-11
760,364 mcf
Leases within 10 km
- KING DAVID MIPA UNIT
286,790 mcf · 0.2 km
- KING DAVID MIPA UNIT
262,625 mcf · 0.2 km
- KING DAVID MIPA UNIT
227,596 mcf · 0.2 km
- GOLIATH MIPA UNIT
653,578 mcf · 0.7 km
- GOLIATH MIPA UNIT
281,188 mcf · 0.7 km
- GOLIATH MIPA UNIT
170,341 mcf · 0.9 km
- CANTALOUPE MIPA UNIT
96,410 mcf · 1.2 km
- RAMSES MIPA UNIT
259,852 mcf · 1.2 km
- RAMSES MIPA UNIT
92,944 bbl · 1.2 km
- CANTALOUPE MIPA UNIT
231,883 mcf · 1.3 km
Drilling permits within 10 km
JAKE 201-200 UNIT #223HR
new drill · horizontal · Permian Resources Operating, LLC · Ward County · 8.3 km
Permit 0916576 · Jun 22, 2026
DAVIS 201-200-199 UNIT #222HR
new drill · horizontal · Permian Resources Operating, LLC · Ward County · 8.3 km
Permit 0916575 · Jun 22, 2026
J. F. PATTEE ET AL UNIT #5R
new drill · Jetta Operating Company, Inc. · Ward County · 9.5 km
Permit 0916323 · Jun 9, 2026
JAKE 201-200 UNIT #223H
new drill · horizontal · Permian Resources Operating, LLC · Ward County · 8.3 km
Permit 0915115 · May 7, 2026
DAVIS 201-200-199 UNIT #221H
new drill · horizontal · Permian Resources Operating, LLC · Ward County · 8.3 km
Permit 0915112 · May 1, 2026