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Texas oil lease

Producing

KRAMER M 1217-12

Kramer M 1217-12 is an oil lease in Reagan County, Texas, operated by De Central Operating, LLC in the Spraberry (Trend Area) field.

1 well

49,597bbl oil, last 12 months−73% vs prior year
Operator
De Central Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22433

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
333,208 mcf
Oil in Jul 2026
4,997 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: De Central Operating, LLC took over from De IV Operating, LLC in Mar 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

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

See why checks stop on this lease

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 KRAMER M 1217-12, Apr 2024 to Jul 2026. Oil output fell 73% over the last 12 months. 49,597 bbl in the 12 months through Jul 2026, against 185,496 bbl in the 12 months before.Last 12 months: 49,597 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for KRAMER M 1217-12, Apr 2024 to Jul 2026. Oil output fell 73% over the last 12 months. 49,597 bbl in the 12 months through Jul 2026, against 185,496 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 16.3% of the gas in May 2024.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of KRAMER M 1217-12 gas by disposition code each month, Apr 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.3% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 16.3%Apr 24JulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of KRAMER M 1217-12 gas by disposition code each month, Apr 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.3% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 16.3%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 398,193 mcf

  • Flared (4)

    0.5% · 2,146 mcf

0.5% of the gas flared in the last 12 months. 8 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2025

Operators of this lease over timeDe IV Operating, LLC, Apr 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCApr 2024 to Feb 2025De Central Operating, LLCMar 2025 to now
Operators of this lease over timeDe IV Operating, LLC, Apr 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCApr 2024 to Feb 2025De Central Operating, LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on KRAMER M 1217-12
API numberWell no.Status
42-383-415094313HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Apr 1, 2024–
Canes Midstream G&p LLCCasinghead gasBuys70Aug 1, 2024–
Targa Pipeline Mid-Continent LLCCasinghead gasBuys16Aug 1, 2024–
Brazos Midland Gas, LLCCasinghead gasBuys14Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers70Aug 1, 2024–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers16Aug 1, 2024–
Brazos Midland Gas, LLCCasinghead gasGathers14Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers100Apr 1, 2024Aug 1, 2024
Canes Midstream G&p LLCCasinghead gasBuys100Apr 1, 2024Aug 1, 2024

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

Who buys my oilOil price check

891.82 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Kramer M 1217-12
API numberWell no.Acreson the permit
42-383-415094313H891.82

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

28 months, newest first

Ledger for KRAMER M 1217-12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central4,9975,02156,87856,720158$80.46$2.89
Jun 2026De Central5,1785,14151,03250,400632$84.81$3.15
May 2026De Central5,5185,49047,90847,9062$102.13$2.94
Apr 2026De Central5,6665,67047,40747,38027$100.32$2.77
Mar 2026De Central5,9796,02946,48446,334150$91.38$3.04
Feb 2026De Central5,8835,84542,47942,45326$64.51$3.62
Jan 2026De Central6,7456,73530,19829,797401$60.04$7.72
Dec 2025De Central4,9024,8935,4645,40262$57.97$4.26
Nov 2025De Central2,6952,693000$60.06$3.79
Oct 2025De Central1,4541,448110$60.89$3.19
Sep 2025De Central2020220$63.96$2.97
Aug 2025De Central5605955,3555,33322$64.86$2.91
Jul 2025De Central7,8787,88867,13166,465666$68.39$3.20
Jun 2025De Central8,6988,68677,58777,357230$68.17$3.02
May 2025De Central9,3159,33372,06971,443626$62.17$3.12
Apr 2025De Central10,62210,64075,15774,0061,151$63.54$3.42
Mar 2025De Central11,20611,18688,34386,5601,783$68.24$4.12
Feb 2025De IV12,31512,32571,84671,099747$71.53$4.19
Jan 2025De IV14,49914,51573,69172,939752$75.74$4.13
Dec 2024De IV12,46512,48679,83376,5943,239$70.12$3.01
Nov 2024De IV21,31721,29678,81073,8364,974$69.95$2.12
Oct 2024De IV23,71523,71880,57379,2491,324$71.99$2.20
Sep 2024De IV27,87427,88881,36677,6923,674$70.24$2.28
Aug 2024De IV25,59225,58748,18543,2084,977$76.68$1.99
Jul 2024De IV35,22935,23746,41843,5112,907$81.80$2.07
Jun 2024De IV15,28515,28620,47519,668807$79.77$2.54
May 2024De IV27,27827,29130,47225,5184,954$80.02$2.12
Apr 2024De IV8,4258,3168,1297,363766$85.35$1.60

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

OperatorDe Central Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

De Central Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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