Skip to content
Royalty Clerk

Texas oil lease

Producing

MIDWAY 45-46 UNIT

Midway 45-46 Unit is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

4 wells

11,989bbl oil, last 12 months−26% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-52574

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
39,032 mcf
Oil in Jul 2026
891 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on May 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for MIDWAY 45-46 UNIT, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 11,989 bbl in the 12 months through Jul 2026, against 16,258 bbl in the 12 months before.Last 12 months: 11,989 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for MIDWAY 45-46 UNIT, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 11,989 bbl in the 12 months through Jul 2026, against 16,258 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kJan 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 17.8% of the gas in Apr 2025.

  • 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 MIDWAY 45-46 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 17.8% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: fuel to lineFlared 17.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a transmission line instead of lease fuelShare of MIDWAY 45-46 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 17.8% of the gas in Apr 2025.Share of gas by disposition code0%50%100%May 25: fuel to lineFlared 17.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 38,345 mcf

  • Lease fuel (1)

    1.1% · 430 mcf

  • Flared (4)

    0.7% · 257 mcf

0.7% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeColgate Operating, LLC, Jan 2020 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Colgate Operating, LLCJan 2020 to Feb 2023Permian Resources Operating,…Mar 2023 to now
Operators of this lease over timeColgate Operating, LLC, Jan 2020 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Colgate Operating, LLCJan 2020 to Feb 2023Permian Resources Operating, LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on MIDWAY 45-46 UNIT
API numberWell no.Status
42-389-369811HActive
42-389-375252HActive
42-389-377193HActive
42-389-383334HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers49May 1, 2026–
Plains Pipeline L.p.OilGathers49May 1, 2026–
Enterprise Crude Oil LLCOilGathers2May 1, 2026–
Kinetik Holdings LPCasinghead gasBuys100May 1, 2026–
Kinetik Holdings LPCasinghead gasGathers100May 1, 2026–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Aug 21, 2018May 1, 2026
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Aug 21, 2018May 1, 2026
Enterprise Crude Oil LLCOilGathers50Aug 21, 2018May 1, 2026
Oryx Delaware Oil Transport LLCOilGathers50Jan 1, 2020May 1, 2026
Oryx So. Delaware Ogt LLCOilGathers50Aug 21, 2018Jan 1, 2020

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

Who buys my oilOil price check

1,280 acres on the newest permit

Check your decimal on this lease
Permits for Midway 45-46 Unit
API numberWell no.Acreson the permit
42-389-383334H1,280
42-389-377193H1,280
42-389-375252H1,280
42-389-369811H1,280

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 MIDWAY 45-46 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources8918232,0822,0770$80.46$2.89
Jun 2026Permian Resources3303432,0982,05517$84.81$3.15
May 2026Permian Resources4985532,5152,42859$102.13$2.94
Apr 2026Permian Resources9141,0203,6213,55125$100.32$2.77
Mar 2026Permian Resources1,2641,2575,2255,11054$91.38$3.04
Feb 2026Permian Resources1,3071,3214,6114,5534$64.51$3.62
Jan 2026Permian Resources1,5511,5335,1445,03754$60.04$7.72
Dec 2025Permian Resources1,5651,6675,3285,2761$57.97$4.26
Nov 2025Permian Resources1,4061,2473,9593,9025$60.06$3.79
Oct 2025Permian Resources1,2611,2422,8832,82023$60.89$3.19
Sep 2025Permian Resources9368191,4561,42715$63.96$2.97
Aug 2025Permian Resources661181101090$64.86$2.91
Jul 2025Permian Resources4996161,3571,3450$68.39$3.20
Jun 2025Permian Resources1,5291,4525,8375,7891$68.17$3.02
May 2025Permian Resources1,2391,4306,0846,0310$62.17$3.12
Apr 2025Permian Resources1,7411,54673013$63.54$3.42
Mar 2025Permian Resources2,0922,0866,5496,4800$68.24$4.12
Feb 2025Permian Resources1,8141,8145,3325,23654$71.53$4.19
Jan 2025Permian Resources1,1751,0852,9672,91725$75.74$4.13
Dec 2024Permian Resources019000$70.12$3.01
Nov 2024Permian Resources3295191,9321,90911$69.95$2.12
Oct 2024Permian Resources1,9751,88811,29211,20817$71.99$2.20
Sep 2024Permian Resources1,9332,04810,54010,324150$70.24$2.28
Aug 2024Permian Resources1,9321,93910,57910,47929$76.68$1.99
Jul 2024Permian Resources1,8591,8079,4419,3750$81.80$2.07
Jun 2024Permian Resources1,3731,3307,1007,0560$79.77$2.54
May 2024Permian Resources1,8191,7988,6798,58939$80.02$2.12
Apr 2024Permian Resources1,9331,9178,9018,85419$85.35$1.60
Mar 2024Permian Resources1,9632,1129,6149,59321$81.28$1.49
Feb 2024Permian Resources2,5742,4246,9656,9641$77.25$1.72
Jan 2024Permian Resources2,0992,0906,6755,994681$74.15$3.18
Dec 2023Permian Resources1,9021,9569,0058,99015$71.90$2.52
Nov 2023Permian Resources1,8181,7377,9727,266706$77.69$2.71
Oct 2023Permian Resources1,9892,0208,2118,085126$85.64$2.98
Sep 2023Permian Resources1,7441,7626,9936,9894$89.43$2.64
Aug 2023Permian Resources1,9041,8287,3817,33447$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)CountyReeves County

Permian Resources Operating, LLC in Reeves County

All Permian Resources Operating, LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km