Texas oil lease
ProducingLYDA 33-40-2S STATE
Lyda 33-40-2S State is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- RRC lease
- 08-50609
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 49,176 mcf
- Oil in Jul 2026
- 946 bbl
Checks stopped on this lease?
- Operator
Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.
- Buyer
Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced OCCIDENTAL ENERGY MARKETING,INC. as the buyer of this lease's gas from oil wells on Mar 31, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 24% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 100.0% of the gas in Jul 2025.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
77% · 37,707 mcf
Processing plant (3)
18% · 8,770 mcf
Flared (4)
5.5% · 2,699 mcf
5.5% of the gas flared in the last 12 months. 8 months above 3%.
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.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-36573 | 12H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Kinetik Holdings LP | Oil | Gathers | 90 | Mar 31, 2026 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 10 | Mar 31, 2026 | – |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 50 | Mar 31, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Buys | 50 | Mar 31, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | Mar 31, 2026 | – |
| Oxy USA Wtp LP | Casinghead gas | Gathers | 100 | Jun 1, 2018 | Mar 31, 2026 |
| Occidental Energy Marketing,inc. | Casinghead gas | Buys | 100 | Jun 1, 2018 | Mar 31, 2026 |
| Plains Pipeline L.p. | Oil | Gathers | 100 | Jun 1, 2018 | Mar 31, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,256.19 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-36573 | 12H | Nov 27, 2017 | Jun 1, 2018 | 1,256.19 |
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 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 946 | 933 | 2,175 | 2,175 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,103 | 1,113 | 2,423 | 2,423 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,220 | 1,220 | 3,777 | 3,777 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,235 | 1,284 | 1,829 | 1,829 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,136 | 1,002 | 4,166 | 4,166 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 927 | 1,021 | 5,925 | 5,925 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 915 | 960 | 3,827 | 3,346 | 481 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,389 | 1,383 | 7,670 | 7,670 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,302 | 1,284 | 6,621 | 6,396 | 225 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 940 | 944 | 3,052 | 2,580 | 472 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 697 | 677 | 3,386 | 1,865 | 1,521 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 987 | 1,070 | 4,325 | 4,325 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,383 | 1,298 | 102 | 0 | 102 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 704 | 720 | 1,540 | 1,248 | 292 | $68.17 | $3.02 |
| May 2025Permian Resources | 854 | 930 | 638 | 475 | 163 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,273 | 1,145 | 301 | 301 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,404 | 1,478 | 1,165 | 1,099 | 66 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 1,334 | 1,689 | 6,251 | 6,251 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 1,391 | 1,049 | 3,032 | 3,032 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 1,906 | 1,912 | 4,286 | 4,286 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 1,831 | 1,823 | 3,761 | 3,761 | 0 | $69.95 | $2.12 |
| Oct 2024OXY USA | 1,725 | 1,705 | 5,147 | 5,141 | 6 | $71.99 | $2.20 |
| Sep 2024OXY USA | 1,328 | 1,302 | 7,237 | 7,141 | 96 | $70.24 | $2.28 |
| Aug 2024OXY USA | 1,679 | 1,675 | 4,453 | 4,453 | 0 | $76.68 | $1.99 |
| Jul 2024OXY USA | 1,679 | 1,709 | 4,496 | 4,489 | 7 | $81.80 | $2.07 |
| Jun 2024OXY USA | 1,789 | 1,766 | 4,606 | 4,606 | 0 | $79.77 | $2.54 |
| May 2024OXY USA | 1,800 | 1,816 | 5,462 | 5,462 | 0 | $80.02 | $2.12 |
| Apr 2024OXY USA | 2,124 | 2,138 | 5,807 | 5,781 | 26 | $85.35 | $1.60 |
| Mar 2024OXY USA | 2,137 | 2,229 | 6,812 | 6,812 | 0 | $81.28 | $1.49 |
| Feb 2024OXY USA | 2,112 | 2,073 | 4,756 | 4,749 | 7 | $77.25 | $1.72 |
| Jan 2024OXY USA | 2,224 | 2,169 | 5,741 | 5,741 | 0 | $74.15 | $3.18 |
| Dec 2023OXY USA | 2,304 | 2,349 | 5,674 | 5,674 | 0 | $71.90 | $2.52 |
| Nov 2023OXY USA | 2,084 | 2,020 | 6,083 | 6,083 | 0 | $77.69 | $2.71 |
| Oct 2023OXY USA | 1,618 | 1,597 | 6,305 | 6,305 | 0 | $85.64 | $2.98 |
| Sep 2023OXY USA | 1,837 | 1,857 | 5,063 | 5,061 | 2 | $89.43 | $2.64 |
| Aug 2023OXY USA | 1,951 | 1,987 | 3,222 | 3,222 | 0 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reeves County
- RED ROCK B
12,458 bbl
- POP E 4-59 60
115,754 mcf
- NINJA 4-50 49
129,003 mcf
- AFFIRMED 48
13,686 bbl
- WOLFMAN B 21-24
193,053 mcf
- GIGI STATE 12-13-1N
12,359 bbl
- EADY A 4 59-60
186,605 mcf
- TIN STAR B
97,657 mcf
- BIG FUNDAMENTAL 4-52
83,171 mcf
- BLUE DUCK 35
12,897 bbl
Wolfbone (Trend Area) field
- AGATE 179SE
11,083 bbl
- TUMBLER STATE G
13,036 bbl
- MILAGRO-STATE
14,252 bbl
- GIGI STATE 12-13-1N
12,359 bbl
- TRIGGER 39-40 A
11,346 bbl
- BLACK BEAR STATE H
14,309 bbl
- BEANZ STATE UNIT 159-158W
12,443 bbl
- SWORDFISH UNIT 24N3
14,135 bbl
- TRIGGER 39-40 A-1
8,831 bbl
- IRON MIKE WA6
10,067 bbl
Leases within 10 km
- LYDA 33-40-3S STATE
9,063 bbl · 0 km
- LYDA 33
7,594 bbl · 0.5 km
- LYDA 33-40-4S STATE
15,905 bbl · 0.5 km
- WALKER STATE 28
4,574 bbl · 0.5 km
- LYDA 33-40-1S STATE
5,263 bbl · 0.8 km
- CHEVRON MINERALS 29
0 bbl · 0.9 km
- CHAPMAN STATE 32-41-5S
8,928 bbl · 1 km
- CHAPMAN STATE 32-41-4S
19,639 bbl · 1 km
- CHAPMAN STATE 32-41-3S
10,225 bbl · 1 km
- BEAR CLAW STATE 29-28 UNIT
82,049 bbl · 1.1 km
Drilling permits within 10 km
CHEVRON MINERALS 19 #1H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 6.2 km
Permit 0917621 · Aug 13, 2026
CHEVRON MINERALS 19 #2H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 6.2 km
Permit 0917622 · Aug 13, 2026
ZUTOPIA A #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 6.2 km
Permit 0917610 · Aug 7, 2026
BARILLA DRAW #2HU
new drill · horizontal · Lakewood Energy LLC · Reeves County · 9.3 km
Permit 0917648 · Aug 7, 2026
BARILLA DRAW #1H
new drill · horizontal · Lakewood Energy LLC · Reeves County · 9.3 km
Permit 0917647 · Aug 7, 2026