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Texas oil lease

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KREPS 257

Kreps 257 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

2 wells

0bbl oil, last 12 months
RRC lease
08-42667

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

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

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

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Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for KREPS 257, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The state shows zero output for every month we hold.Last 12 months: 0 bblbbl per monthmcf per month00110220330440Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for KREPS 257, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The state shows zero output for every month we hold.Last 12 monthsbbl per monthmcf per month00110220330440Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the only month reported

All of the gas went to a processing plant in the only month reportedShare of KREPS 257 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the only month reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the only month reportedShare of KREPS 257 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the only month reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

2 wells on this lease

Wells on KREPS 257
API numberWell no.Status
42-389-331811RShut-in
42-389-336492Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Concord Crude Oil Marketing LLCOilGathers50Jun 1, 2018
Bridger Transportation, LLCOilGathers25Jun 1, 2018
Plains Marketing, L.p.OilGathers25Jun 1, 2018
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015

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

319.95 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 319.95 and 640.72 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Kreps 257
API numberWell no.Acreson the permit
42-389-336492319.95
42-389-331811R640.72

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

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 KREPS 257
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources000$80.46$2.89
Jun 2026Permian Resources000$84.81$3.15
May 2026Permian Resources000$102.13$2.94
Apr 2026Permian Resources000$100.32$2.77
Mar 2026Permian Resources000$91.38$3.04
Feb 2026Permian Resources000$64.51$3.62
Jan 2026Permian Resources000$60.04$7.72
Dec 2025Permian Resources000$57.97$4.26
Nov 2025Permian Resources000$60.06$3.79
Oct 2025Permian Resources000$60.89$3.19
Sep 2025Permian Resources000$63.96$2.97
Aug 2025Permian Resources000$64.86$2.91
Jul 2025Permian Resources000$68.39$3.20
Jun 2025Permian Resources000$68.17$3.02
May 2025Permian Resources000$62.17$3.12
Apr 2025Permian Resources000$63.54$3.42
Mar 2025Permian Resources000$68.24$4.12
Feb 2025Permian Resources000$71.53$4.19
Jan 2025Permian Resources000$75.74$4.13
Dec 2024Permian Resources000$70.12$3.01
Nov 2024Permian Resources27270$69.95$2.12
Oct 2024OXY USA000$71.99$2.20
Sep 2024OXY USA000$70.24$2.28
Aug 2024OXY USA000$76.68$1.99
Jul 2024OXY USA000$81.80$2.07
Jun 2024OXY USA000$79.77$2.54
May 2024OXY USA000$80.02$2.12
Apr 2024OXY USA000$85.35$1.60
Mar 2024OXY USA000$81.28$1.49
Feb 2024OXY USA000$77.25$1.72
Jan 2024OXY USA000$74.15$3.18
Dec 2023OXY USA000$71.90$2.52
Nov 2023OXY USA000$77.69$2.71
Oct 2023OXY USA000$85.64$2.98
Sep 2023OXY USA000$89.43$2.64
Aug 2023OXY USA000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

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