Texas oil lease
Shut inMASTERSON 48, T.R.B.
Masterson 48, T.r.b. is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Civitas Permian Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-04671
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Buyer
Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.
- Sales
No sales reported for the last 3 months of state data (through Jul 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 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
All of the gas went to lease fuel in the 3 months reported
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed 2 times, most recently in Jan 2024
- Civitas Permian Operating, LLC Jan 2024 to now
- Vencer Energy, LLC Aug 2021 to Dec 2023
- Hunt Oil Company Jan 2020 to Jul 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-10498 | 2 | Active |
| 42-383-34421 | 3 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Rio Energy International, Inc. | Oil | Gathers | 100 | May 1, 2023 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 1, 2024 | – |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Aug 1, 2024 | Mar 1, 2026 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Aug 1, 2018 | Aug 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | May 1, 2023 | Aug 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Aug 1, 2018 | May 1, 2023 |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Aug 1, 2018 | May 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
160 acres on the newest permit
- 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 |
|---|---|---|---|---|
| 42-383-34421 | 3 | Jul 10, 1995 | Aug 1, 1995 | 160 |
| 42-383-10339 | 1 | – | – | – |
| 42-383-10498 | 2 | – | Jan 12, 1984 | – |
What SM Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.85 | $0.17 | $24.69 | SEC filing |
| Q1 2026 | $73.69 | $1.72 | $21.58 | SEC filing |
| Q3 2025 | $65.24 | $1.29 | $18.21 | SEC filing |
| Q2 2025 | $63.87 | $1.00 | $18.99 | SEC filing |
| Q1 2025 | $70.90 | $2.48 | $24.07 | SEC filing |
| Q4 2024 | $69.96 | $1.14 | $21.47 | SEC filing |
SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Civitas Permian | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Civitas Permian | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Civitas Permian | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Civitas Permian | 2 | 2 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Civitas Permian | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Civitas Permian | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Civitas Permian | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Civitas Permian | 10 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Civitas Permian | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Civitas Permian | 0 | 0 | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Vencer Energy, | 0 | 0 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Vencer Energy, | 0 | 0 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Vencer Energy, | 0 | 0 | 18 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Vencer Energy, | 0 | 0 | 45 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Vencer Energy, | 46 | 190 | 47 | 0 | 0 | $81.39 | $2.58 |
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
Civitas Permian Operating, LLC in Reagan County
- TEICHMAN G
2,732 bbl
- VICTOR 1223
2,598 bbl
- UNIVERSITY LAURA
954 bbl
- CAMILLE G
473 bbl
- WELCH
563 bbl
- BRANCH
13,022 mcf
- JEFFS
241 bbl
- UNIVERSITY MICHELLE
158 bbl
- UNIVERSITY DELBRA
102 bbl
- JEFFS 3A
1 bbl
Spraberry (Trend Area) field
- SUGG "G"
348 mcf
- BOREN, PAN-AM HUGHES -B-
327 mcf
- CLARK "10B"
323 mcf
- SUGG 'F'
281 mcf
- SUGG "F"
186 mcf
- SUGG "G"
279 mcf
- M.B. NOELKE "2"
274 mcf
- SUGG "F"
150 mcf
- SHEEN "8A"
217 mcf
- PFLUGER "B"
9 bbl
Leases within 10 km
- CATS PICASSO 4801E
24,184 bbl · 0.3 km
- CATS PICASSO 4801F
28,366 bbl · 0.3 km
- CATS PICASSO 4801G
42,465 bbl · 0.3 km
- CATS PICASSO 4801H
32,702 bbl · 0.3 km
- CATS PICASSO 4801I
38,234 bbl · 0.3 km
- CATS PICASSO 4801J
38,402 bbl · 0.3 km
- CATS PICASSO 4801K
29,276 bbl · 0.3 km
- CATS PICASSO 4801L
40,882 bbl · 0.3 km
- CC SABATHIA 37-36-F
1,460 bbl · 0.5 km
- CC SABATHIA 37-36-G
6,407 bbl · 0.5 km
Drilling permits within 10 km
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County · 7.8 km
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County · 7.8 km
Permit 0918891 · Sep 25, 2026
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County · 7.8 km
Permit 0918888 · Sep 25, 2026
HILL WEST C 28-35 #4203H
new drill · horizontal · De Central Operating, LLC · Reagan County · 7.8 km
Permit 0918889 · Sep 25, 2026
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County · 7.8 km
Permit 0918897 · Sep 25, 2026