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Texas oil lease

Producing

MAKO STATE 2-32

Mako State 2-32 is an oil lease in Reeves County, Texas, operated by Anadarko E&P Onshore LLC in the Phantom (Wolfcamp) field.

2 wells

8,544bbl oil, last 12 months+6% vs prior year
RRC lease
08-41569

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
50,318 mcf
Oil in Jul 2026
570 bbl

Production by month

Oil output rose 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for MAKO STATE 2-32, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 8,544 bbl in the 12 months through Jul 2026, against 8,058 bbl in the 12 months before.Last 12 months: 8,544 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for MAKO STATE 2-32, Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 8,544 bbl in the 12 months through Jul 2026, against 8,058 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 4.5% of the gas in Dec 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MAKO STATE 2-32 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 4.5% of the gas in Dec 2025.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: plant to lineFlared 4.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MAKO STATE 2-32 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 4.5% of the gas in Dec 2025.Share of gas by disposition code0%50%100%Dec 25: plant to lineFlared 4.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    57% · 28,860 mcf

  • Transmission line (2)

    42% · 20,988 mcf

  • Flared (4)

    0.9% · 470 mcf

0.9% of the gas flared in the last 12 months. One month above 3%.

2 wells on this lease

Wells on MAKO STATE 2-32
API numberWell no.Status
42-389-326951HActive
42-389-346912HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dbm Oil Services LLCOilGathers55Jul 21, 2025–
Eastex Crude Company, LLCOilGathers15Jul 21, 2025–
Ngl Crude Assets and Mktg, LLCOilGathers15Jul 21, 2025–
Plains Marketing, L.p.OilGathers15Jul 21, 2025–
Anadarko Energy Services CompanyCasinghead gasBuys100Feb 23, 2011–
Delaware Basin Midstream LLCCasinghead gasGathers100Jul 1, 2023–
Dbm Oil Services LLCOilGathers25Jul 1, 2023Jul 21, 2025
Eastex Crude Company, LLCOilGathers25Jul 1, 2023Jul 21, 2025
Ngl Crude Logistics, LLCOilGathers25Jan 1, 2023Jul 21, 2025
Plains Marketing, L.p.OilGathers25Jan 1, 2023Jul 21, 2025
Delaware Basin Jv Gathering LLCCasinghead gasGathers100Jan 1, 2023Jul 1, 2023
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Jul 1, 2023

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

640 acres on the newest permit

Permits for Mako State 2-32
API numberWell no.Acreson the permit
42-389-326951H640
42-389-346912H632.74

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Occidental Petroleum Corporation told investors it received

Anadarko E&P Onshore LLC is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MAKO STATE 2-32
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265706272,5722,53735$80.46$2.89
Jun 20267356823,4493,40148$84.81$3.15
May 20267047563,3013,28120$102.13$2.94
Apr 20267757953,5903,53951$100.32$2.77
Mar 20266986753,4343,38747$91.38$3.04
Feb 20266206011,4921,45537$64.51$3.62
Jan 20265695452,8332,79835$60.04$7.72
Dec 202532625961859028$57.97$4.26
Nov 2025841971,1071,1025$60.06$3.79
Oct 20259051,21112,84212,79052$60.89$3.19
Sep 20251,5731,3468,5068,43868$63.96$2.97
Aug 20259858436,5746,53044$64.86$2.91
Jul 202529938610,51610,49422$68.39$3.20
Jun 20259516714,48014,46020$68.17$3.02
May 202568668514,84414,79747$62.17$3.12
Apr 202587475012,77712,73344$63.54$3.42
Mar 20254935038,9998,97128$68.24$4.12
Feb 20254585069,9319,90328$71.53$4.19
Jan 202583677414,39414,34747$75.74$4.13
Dec 202484584614,34514,29847$70.12$3.01
Nov 202479689014,46414,41846$69.95$2.12
Oct 20241,06199117,46917,40861$71.99$2.20
Sep 202476780412,65812,61345$70.24$2.28
Aug 202484881112,42712,37849$76.68$1.99
Jul 202483682912,55012,50149$81.80$2.07
Jun 202472676813,39913,35643$79.77$2.54
May 202484286513,95113,90249$80.02$2.12
Apr 202434337511,46811,44226$85.35$1.60
Mar 2024322613,15413,13915$81.28$1.49
Feb 202442638614,86114,83031$77.25$1.72
Jan 202482881112,58012,53644$74.15$3.18
Dec 202394290613,41513,36451$71.90$2.52
Nov 202371877711,49311,45241$77.69$2.71
Oct 20231,04698012,83812,78157$85.64$2.98
Sep 202343430912,05412,03222$89.43$2.64
Aug 20231341347,6927,67418$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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