Skip to content
Royalty Clerk

Texas gas well

Producing

LUCY 203-204 UNIT

Lucy 203-204 Unit is a gas well in Ward County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

1 well

312,083mcf gas, last 12 months−25% vs prior year
Operator
Permian Resources Operating, LLC
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-292748

Is your check right?

Check my statement

Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Oil, last 12 months
23,841 bbl
Gas in Jul 2026
30,026 mcf

Production by month

Gas output fell 25% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 25% over the last 12 monthsMonthly gas production and oil for LUCY 203-204 UNIT, Aug 2023 to Jul 2026. Gas output fell 25% over the last 12 months. 312,083 mcf in the 12 months through Jul 2026, against 414,055 mcf in the 12 months before.Last 12 months: 312,083 mcfmcf per monthbbl per month0020k1,00040k2,00060k3,00080k4,000100k5,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 25% over the last 12 monthsMonthly gas production and oil for LUCY 203-204 UNIT, Aug 2023 to Jul 2026. Gas output fell 25% over the last 12 months. 312,083 mcf in the 12 months through Jul 2026, against 414,055 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020k1,00040k2,00060k3,00080k4,000100k5,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 28.3% of the gas in Apr 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2025 the lease's gas goes to a transmission line instead of lease fuelShare of LUCY 203-204 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 28.3% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: fuel to lineFlared 28.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a transmission line instead of lease fuelShare of LUCY 203-204 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 28.3% of the gas in Apr 2026.Share of gas by disposition code0%50%100%May 25: fuel to lineFlared 28.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 295,765 mcf

  • Lease fuel (1)

    3.6% · 11,232 mcf

  • Flared (4)

    1.6% · 5,086 mcf

1.6% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeColgate Operating, LLC, Dec 2021 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 202620222023202420252026Changed Mar 2023Colgate Operating, LLCDec 2021 to Feb 2023Permian Resources Operating,…Mar 2023 to now
Operators of this lease over timeColgate Operating, LLC, Dec 2021 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 202620222023202420252026Changed Mar 2023Colgate Operating, LLCDec 2021 to Feb 2023Permian Resources Operating, LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LUCY 203-204 UNIT
API numberWell no.Status
42-475-38236232HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Brazos Midstream Operating, LLCCondensateGathers33.34May 1, 2026–
Plains Marketing, L.p.CondensateGathers33.33May 1, 2026–
Plains Pipeline L.p.CondensateGathers33.33May 1, 2026–
Brazos Midstream Operating, LLCGas-well gasBuys100Dec 4, 2021–
Brazos Midstream Operating, LLCGas-well gasGathers100Dec 4, 2021–
Brazos Midstream Operating, LLCCondensateGathers50Dec 4, 2021May 1, 2026
Enterprise Crude Oil LLCCondensateGathers50Dec 4, 2021May 1, 2026

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

Who buys my oilOil price check

643.30 acres on the newest permit

Check your decimal on this lease
Permits for Lucy 203-204 Unit
API numberWell no.Acreson the permit
42-475-38236232H643.30

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

Unit decimal checker

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 LUCY 203-204 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources2,2132,15830,02628,8987$80.46$2.89
Jun 2026Permian Resources12362082080$84.81$3.15
May 2026Permian Resources74276712,40912,4090$102.13$2.94
Apr 2026Permian Resources1,2211,33117,95411,8405,075$100.32$2.77
Mar 2026Permian Resources2,4382,32932,65331,0090$91.38$3.04
Feb 2026Permian Resources2,3122,30330,58729,1910$64.51$3.62
Jan 2026Permian Resources2,4752,46930,86129,7370$60.04$7.72
Dec 2025Permian Resources2,4832,49929,92028,9430$57.97$4.26
Nov 2025Permian Resources2,3282,32529,62329,0304$60.06$3.79
Oct 2025Permian Resources2,5282,51133,06331,6070$60.89$3.19
Sep 2025Permian Resources2,4792,49231,27530,5870$63.96$2.97
Aug 2025Permian Resources2,6102,61033,50432,3060$64.86$2.91
Jul 2025Permian Resources2,7072,71034,20633,2510$68.39$3.20
Jun 2025Permian Resources2,6582,66934,84033,1190$68.17$3.02
May 2025Permian Resources2,7932,78635,97534,2770$62.17$3.12
Apr 2025Permian Resources2,7602,7611,73500$63.54$3.42
Mar 2025Permian Resources2,9002,88737,20435,4200$68.24$4.12
Feb 2025Permian Resources2,4132,46934,33832,8530$71.53$4.19
Jan 2025Permian Resources2,6812,62838,68337,2276$75.74$4.13
Dec 2024Permian Resources2,9112,91038,89237,0360$70.12$3.01
Nov 2024Permian Resources2,8162,82538,13136,6410$69.95$2.12
Oct 2024Permian Resources3,1963,17239,09037,2610$71.99$2.20
Sep 2024Permian Resources3,3213,34139,32737,7130$70.24$2.28
Aug 2024Permian Resources3,2203,20941,63439,7640$76.68$1.99
Jul 2024Permian Resources3,2623,27742,22940,5830$81.80$2.07
Jun 2024Permian Resources3,1423,14541,15039,5360$79.77$2.54
May 2024Permian Resources3,2673,23344,10342,3010$80.02$2.12
Apr 2024Permian Resources2,6302,64142,55841,6120$85.35$1.60
Mar 2024Permian Resources3,5023,50445,80244,3120$81.28$1.49
Feb 2024Permian Resources3,6753,67442,56142,3430$77.25$1.72
Jan 2024Permian Resources3,8423,84046,99945,1500$74.15$3.18
Dec 2023Permian Resources3,9153,93550,53748,6950$71.90$2.52
Nov 2023Permian Resources4,2344,21249,18047,4120$77.69$2.71
Oct 2023Permian Resources4,3714,37852,76350,7950$85.64$2.98
Sep 2023Permian Resources4,2714,27050,70548,9640$89.43$2.64
Aug 2023Permian Resources4,5714,58348,00946,266122$81.39$2.58

Flared above 3%

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 reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyWard County

Permian Resources Operating, LLC in Ward County

All Permian Resources Operating, LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km