Texas oil lease
Shut inKREPS 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
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- RRC lease
- 08-42667
Is your check right?
Where it sits
This 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.
See why checks stop on this leaseProduction by month
No oil produced in the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Nov 2024
- Permian Resources Operating, LLC Nov 2024 to now
- OXY USA WTP LP Jan 2020 to Oct 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-33181 | 1R | Shut-in |
| 42-389-33649 | 2 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Concord Crude Oil Marketing LLC | Oil | Gathers | 50 | Jun 1, 2018 |
| Bridger Transportation, LLC | Oil | Gathers | 25 | Jun 1, 2018 |
| Plains Marketing, L.p. | Oil | Gathers | 25 | Jun 1, 2018 |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Nov 1, 2015 |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Nov 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-33649 | 2 | Feb 15, 2013 | Aug 22, 2013 | 319.95 |
| 42-389-33181 | 1R | Feb 6, 2012 | Apr 20, 2012 | 640.72 |
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 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|
| Jul 2026Permian Resources | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 27 | 27 | 0 | $69.95 | $2.12 |
| Oct 2024OXY USA | 0 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024OXY USA | 0 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024OXY USA | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024OXY USA | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024OXY USA | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024OXY USA | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024OXY USA | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024OXY USA | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024OXY USA | 0 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024OXY USA | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023OXY USA | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023OXY USA | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023OXY USA | 0 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023OXY USA | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023OXY USA | 0 | 0 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reeves County
- WORSHAM, JOE A.
462 mcf
- CARPENTER STATE B
15 bbl
- GROVE STATE 72-21
296 mcf
- INTERSTATE
10 bbl
- REGAN TRUST 6
7 bbl
- COMPTON
7 bbl
- ANGELS ENVY 4-3W UNIT
79 mcf
- JOBE STATE 70-1
102 mcf
- HEAVEN HILL 23-13E UNIT
74 mcf
Wolfbone (Trend Area) field
- BUSHBUCK 12
40 bbl
- KING FISHER 23
36 bbl
- UL 23 MERCURY
31 bbl
- BEAUCHAMP
798 mcf
- ENDEAVOUR
32 bbl
- UL 23 CURIOSITY
31 bbl
- BONEBRAKE 1
201 mcf
- REGAN TRUST 6
7 bbl
- COMPTON
7 bbl
- BIG LUB
62 mcf
Leases within 10 km
- PECK STATE 258
7,454 bbl · 0.6 km
- REGAN 257-1S
0 bbl · 0.8 km
- PERRY STATE 264
2,251 bbl · 1 km
- REGAN 257
567 bbl · 1.2 km
- CHEVRON MINERALS 263
1,737 bbl · 1.3 km
- KREPS UNIT 257 1N
16,892 bbl · 1.3 km
- STATE PECK 258-257-2N
20,872 bbl · 1.3 km
- STATE PECK 258-257-3N
18,376 bbl · 1.3 km
- PERRY STATE 204
0 bbl · 1.5 km
- STATE PECK 258-257-1N
15,495 bbl · 1.5 km
Drilling permits within 10 km
LOCH NESS STATE D #4H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.8 km
Permit 0917509 · Aug 5, 2026
LOCH NESS STATE B #2H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.1 km
Permit 0917505 · Aug 5, 2026
LOCH NESS STATE C #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.1 km
Permit 0917506 · Aug 5, 2026
LOCH NESS STATE E #5H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.8 km
Permit 0917513 · Aug 5, 2026
LOCH NESS STATE A #1H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.1 km
Permit 0917503 · Aug 5, 2026