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Texas gas well

Producing

KNIGHT 4-51

Knight 4-51 is a gas well in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

1 well

126,607mcf gas, last 12 months−44% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-271644

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
1,316 bbl
Gas in Jul 2026
0 mcf

Checks stopped on this lease?

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from gas wells on Dec 1, 2024.

  • Sales

    No sales reported for the last 4 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Gas output fell 44% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 44% over the last 12 monthsMonthly gas production and oil for KNIGHT 4-51, Aug 2023 to Jul 2026. Gas output fell 44% over the last 12 months. 126,607 mcf in the 12 months through Jul 2026, against 226,874 mcf in the 12 months before.Last 12 months: 126,607 mcfmcf per monthbbl per month005,00020010k40015k60020k80025k1,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 44% over the last 12 monthsMonthly gas production and oil for KNIGHT 4-51, Aug 2023 to Jul 2026. Gas output fell 44% over the last 12 months. 126,607 mcf in the 12 months through Jul 2026, against 226,874 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,00020010k40015k60020k80025k1,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line

Flaring peaked at 5.9% of the gas in Nov 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of KNIGHT 4-51 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 5.9% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: line to fuelFlared 5.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of KNIGHT 4-51 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 5.9% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Apr 26: line to fuelFlared 5.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 178,031 mcf

  • Lease fuel (1)

    0.0% · 82 mcf

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating,…Jan 2023 to now
Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KNIGHT 4-51
API numberWell no.Status
42-389-331471HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers100Dec 1, 2024–
Kinetik Holdings LPGas-well gasBuys100Dec 1, 2024–
Kinetik Holdings LPGas-well gasGathers100Dec 1, 2024–
Trimac Transportation Inc.CondensateGathers100Mar 1, 2022Dec 1, 2024
Eagleclaw Midstream Ventures,llcGas-well gasGathers100Sep 1, 2016Dec 1, 2024
Eagleclaw Midstream Ventures,llcGas-well gasBuys100Sep 1, 2016Dec 1, 2024
Gibson Energy Marketing, LLCCondensateGathers100Nov 1, 2017Mar 1, 2022

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

Who buys my oilOil price check

639 acres on the newest permit

Check your decimal on this lease
Permits for Knight 4-51
API numberWell no.Acreson the permit
42-389-331471H639

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 KNIGHT 4-51
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources30000$80.46$2.89
Jun 2026Permian Resources20000$84.81$3.15
May 2026Permian Resources00000$102.13$2.94
Apr 2026Permian Resources208200$100.32$2.77
Mar 2026Permian Resources001,1901,1900$91.38$3.04
Feb 2026Permian Resources69014,87014,8700$64.51$3.62
Jan 2026Permian Resources17818320,85620,8560$60.04$7.72
Dec 2025Permian Resources12318216,24016,2400$57.97$4.26
Nov 2025Permian Resources24818420,90820,9080$60.06$3.79
Oct 2025Permian Resources17318512,23212,2320$60.89$3.19
Sep 2025Permian Resources23918419,83919,8390$63.96$2.97
Aug 2025Permian Resources27936720,39020,3900$64.86$2.91
Jul 2025Permian Resources29018417,65217,6520$68.39$3.20
Jun 2025Permian Resources13218312,89112,8910$68.17$3.02
May 2025Permian Resources27318620,96320,9630$62.17$3.12
Apr 2025Permian Resources24335719,10919,1090$63.54$3.42
Mar 2025Permian Resources23818618,87818,8699$68.24$4.12
Feb 2025Permian Resources21836218,58118,5810$71.53$4.19
Jan 2025Permian Resources26018118,68718,6870$75.74$4.13
Dec 2024Permian Resources24018419,61119,6110$70.12$3.01
Nov 2024Permian Resources22436918,46018,4600$69.95$2.12
Oct 2024Permian Resources22236820,55720,5570$71.99$2.20
Sep 2024Permian Resources50617820,22020,2200$70.24$2.28
Aug 2024Permian Resources16218021,26521,2650$76.68$1.99
Jul 2024Permian Resources15217720,61020,6100$81.80$2.07
Jun 2024Permian Resources19818018,35118,101250$79.77$2.54
May 2024Permian Resources25215121,23321,15380$80.02$2.12
Apr 2024Permian Resources22334519,69119,6910$85.35$1.60
Mar 2024Permian Resources25218421,65721,6570$81.28$1.49
Feb 2024Permian Resources22236619,79419,7940$77.25$1.72
Jan 2024Permian Resources24318320,23519,901334$74.15$3.18
Dec 2023Permian Resources25035020,94120,9410$71.90$2.52
Nov 2023Permian Resources29518621,11119,8591,252$77.69$2.71
Oct 2023Permian Resources24618621,68621,6860$85.64$2.98
Sep 2023Permian Resources26250421,31021,3100$89.43$2.64
Aug 2023Permian Resources41836422,35222,3520$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, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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