Texas oil lease · RRC district 08 · Lease 41952
ProducingLEVERETT
Leverett is an oil lease in Midland County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 913 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 3 wells
- Operator
- Permian Resources Operating, LLC
- County
- Midland County
- RRC lease
- 08-41952
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Where it sits
This county
- Gas, last 12 months
- 10,426 mcf
- Oil in Jul 2026
- 58 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 3
Production
Month by month, from the state record
Oil output fell 63% over the last 12 months
913 bbl in the 12 months through Jul 2026, against 2,497 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 41952, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.
- Processing plant (3)
- Transmission line (2)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 41952, district 08. Reported through Jul 2026.
Processing plant (3)
Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
The operator changed 2 times, most recently in Nov 2023
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC Apr 2021 to Oct 2023
- Independence Resources Mgmt, LLC Jan 2020 to Mar 2021
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
3 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-329-37297 | 2603 | Active | – |
| 42-329-37629 | 2606 | Shut-in | – |
| 42-329-38772 | 2615 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 41952.
Who buys and gathers
Who moves and buys this lease's production
Oil
Buckhead Midstream, LLC and Plains Marketing, L.p. gather it.
Buckhead Midstream, LLC gathers it: 50% of it, on the list since Oct 1, 2022 · Plains Marketing, L.p. gathers it: 50% of it, on the list since Oct 1, 2022
Gas from oil wells
Enlink Gas Marketing, LP buys it; Enlink Permian, LLC gathers it.
Enlink Gas Marketing, LP buys it: 100% of it, on the list since Mar 1, 2021 · Enlink Permian, LLC gathers it: 100% of it, on the list since Mar 1, 2021
Companies that used to be listed: Dorado Oil Company (gathers it, until Oct 1, 2022); Plains Marketing, L.p. (gathers it, until Mar 1, 2021).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
164.58 acres on the newest permit
- Wells on the permits
- 33 not plugged
- Horizontal
- 0
- First completion
- Aug 1, 2011
- Latest permit
- Jun 24, 2013
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-38772 | 2615 | Jun 24, 2013 | Oct 9, 2013 | 164.58 |
| 42-329-37629 | 2606 | Sep 27, 2011 | Dec 27, 2011 | 164.58 |
| 42-329-37297 | 2603 | May 16, 2011 | Aug 1, 2011 | 164.58 |
What the operator reported
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 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says LEVERETT sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 58 | 178 | 731 | 731 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 67 | 0 | 596 | 596 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 58 | 172 | 478 | 478 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 70 | 0 | 486 | 486 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 76 | 0 | 849 | 849 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 64 | 165 | 807 | 807 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 70 | 0 | 930 | 930 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 71 | 176 | 973 | 973 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 62 | 0 | 918 | 918 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 89 | 0 | 1,104 | 1,104 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 107 | 179 | 1,165 | 1,165 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 121 | 170 | 1,389 | 1,389 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 195 | 169 | 1,608 | 1,608 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 303 | 356 | 1,594 | 1,594 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 159 | 0 | 1,430 | 1,430 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 182 | 179 | 1,397 | 1,397 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 191 | 347 | 1,481 | 1,481 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 180 | 175 | 1,301 | 1,301 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 207 | 166 | 1,518 | 1,518 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 214 | 180 | 1,426 | 1,426 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 225 | 180 | 1,420 | 1,420 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 221 | 349 | 1,537 | 1,537 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 197 | 179 | 1,483 | 1,483 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 223 | 178 | 1,552 | 1,552 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 232 | 178 | 1,541 | 1,541 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 174 | 179 | 1,324 | 1,324 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 230 | 180 | 1,415 | 1,415 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 308 | 366 | 1,482 | 1,482 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 209 | 363 | 1,568 | 1,568 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 320 | 354 | 1,705 | 1,705 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 274 | 180 | 1,849 | 1,849 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 274 | 535 | 1,710 | 1,710 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 453 | 352 | 1,464 | 1,464 | 0 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 212 | 0 | 1,211 | 1,211 | 0 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 91 | 169 | 718 | 718 | 0 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 72 | 0 | 397 | 397 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
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Around this lease
Walk the neighborhood
This lease belongs to
Permian Resources Operating, LLC in Midland County
- HAMMAN 45
243,261 bbl last 12 months
- PEARL JAM
87,555 bbl last 12 months
- MID-STATES EAST UNIT 37-5
59,408 bbl last 12 months
- MID-STATES WEST UNIT 37-5
50,199 bbl last 12 months
- HAMMAN 45A TIG
50,408 bbl last 12 months
Spraberry (Trend Area) field
- FEE 'BP'
4,094,243 bbl last 12 months
- YELLOW BELLY
3,313,031 bbl last 12 months
- SOUTH CURTIS RANCH
2,812,875 bbl last 12 months
- FEE "BM"
3,039,124 bbl last 12 months
- SILVER BULLET
2,685,879 bbl last 12 months
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Drilling permits within 10 km
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How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 41952, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.