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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 61031

Producing

LOS VAQUEROS UNIT 3

Los Vaqueros Unit 3 is an oil lease in Loving County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 262,012 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

262,012bbl oil, last 12 months+63% vs prior year
Operator
Permian Resources Operating, LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-61031

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County · RRC district 08Open Loving County →
Gas, last 12 months
691,272 mcf
Oil in Jul 2026
23,694 bbl
Reporting to the state
since May 2024
Wells
5

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 63% over the last 12 months

262,012 bbl in the 12 months through Jul 2026, against 160,630 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 63% over the last 12 monthsMonthly oil production and gas for LOS VAQUEROS UNIT 3, May 2024 to Jul 2026. Oil output rose 63% over the last 12 months. 262,012 bbl in the 12 months through Jul 2026, against 160,630 bbl in the 12 months before.Last 12 months: 262,012 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output rose 63% over the last 12 monthsMonthly oil production and gas for LOS VAQUEROS UNIT 3, May 2024 to Jul 2026. Oil output rose 63% over the last 12 months. 262,012 bbl in the 12 months through Jul 2026, against 160,630 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 61031, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

99% of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of LOS VAQUEROS UNIT 3 gas by disposition code each month, May 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Jul 24OctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of LOS VAQUEROS UNIT 3 gas by disposition code each month, May 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 61031, district 08. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.2% of the gas was flared. No month went above 3%.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Permian Resources Operating, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timePermian Resources Operating, LLC, May 2024 to Jul 202620252026Permian Resources Operating,…May 2024 to nowthrough Jul 2026
Operators of this lease over timePermian Resources Operating, LLC, May 2024 to Jul 202620252026Permian Resources Operating, LLCMay 2024 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 61031 in district 08. The API number is the state’s ID for a well.
Wells on LOS VAQUEROS UNIT 3
API numberWell no.Status
42-301-36689443HActive
42-301-36690523HActive
42-301-36691463HActive
42-301-37347113HShut-in
42-301-37348123HShut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 61031.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p. and Plains Pipeline L.p. gather it.

    Plains Marketing, L.p. gathers it: 50% of it, on the list since Oct 20, 2025 · Plains Pipeline L.p. gathers it: 50% of it, on the list since Oct 20, 2025

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Oct 20, 2025 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Oct 20, 2025

Companies that used to be listed: Plains Marketing, L.p. (gathers it, until Oct 20, 2025).

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.

Who buys my oil and gasIs my oil price fair?

Unit and wells

115.88 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
55 not plugged
Horizontal
5
First completion
Mar 9, 2024
Latest permit
Apr 11, 2025
Wells and acres on the permits for Los Vaqueros Unit 3
API numberWell no.Acreson the permit
42-301-37347113H115.88
42-301-37348123H115.88
42-301-36689443H115.88
42-301-36690523H115.88
42-301-36691463H115.88

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 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.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

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 LOS VAQUEROS UNIT 3 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

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

27 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for LOS VAQUEROS UNIT 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Permian Resources23,69423,67788,20687,61032$80.46$2.89
Jun 2026Permian Resources27,82427,83099,37398,68367$84.81$3.15
May 2026Permian Resources31,47331,534104,163102,92154$102.13$2.94
Apr 2026Permian Resources37,11137,520107,979106,547308$100.32$2.77
Mar 2026Permian Resources43,89143,482105,127103,687195$91.38$3.04
Feb 2026Permian Resources41,63741,54795,50794,570499$64.51$3.62
Jan 2026Permian Resources12,75712,77526,29125,907169$60.04$7.72
Dec 2025Permian Resources7,8867,89711,00810,95553$57.97$4.26
Nov 2025Permian Resources8,2128,18811,88411,84836$60.06$3.79
Oct 2025Permian Resources8,8538,87113,52113,5210$60.89$3.19
Sep 2025Permian Resources8,9849,01513,65413,6531$63.96$2.97
Aug 2025Permian Resources9,6909,63514,55914,5536$64.86$2.91
Jul 2025Permian Resources10,33210,35915,65315,6530$68.39$3.20
Jun 2025Permian Resources10,29110,47415,62315,6230$68.17$3.02
May 2025Permian Resources11,32711,10216,74016,7400$62.17$3.12
Apr 2025Permian Resources11,19611,19917,02216,98636$63.54$3.42
Mar 2025Permian Resources12,53012,51018,67818,6753$68.24$4.12
Feb 2025Permian Resources11,87812,01817,61817,6180$71.53$4.19
Jan 2025Permian Resources13,48713,43420,61820,56652$75.74$4.13
Dec 2024Permian Resources13,50113,54720,23220,21715$70.12$3.01
Nov 2024Permian Resources14,18414,10321,71321,7130$69.95$2.12
Oct 2024Permian Resources14,81414,91422,57022,0820$71.99$2.20
Sep 2024Permian Resources16,41116,32625,73025,6040$70.24$2.28
Aug 2024Permian Resources20,67920,70332,69232,4440$76.68$1.99
Jul 2024Permian Resources25,03525,13336,68936,6890$81.80$2.07
Jun 2024Permian Resources30,71730,64839,61239,57240$79.77$2.54
May 2024Permian Resources21,72721,49529,45928,884397$80.02$2.12

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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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyLoving County

Permian Resources Operating, LLC in Loving County

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Phantom (Wolfcamp) field

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Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

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 61031, 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.

FAQ

Questions about LOS VAQUEROS UNIT 3

Who operates the LOS VAQUEROS UNIT 3 lease?

The Railroad Commission lists Permian Resources Operating, LLC (operator number 100852) as the operator of this lease in Loving County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the LOS VAQUEROS UNIT 3 lease produced?

The lease reported 262,012 bbl of oil and 691,272 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 27 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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