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Texas oil lease

Producing

MILLER 1242

Miller 1242 is an oil lease in Irion County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

3,179bbl oil, last 12 months−36% vs prior year
Operator
Permian Resources Operating, LLC
County
Irion County
Field
Spraberry (Trend Area)
RRC lease
7C-20588

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Where it sits

This county

Irion CountyIrionTom GreenSchleicherSterlingGlasscockReaganCokeIrion County
Irion County
Gas, last 12 months
217,827 mcf
Oil in Jul 2026
656 bbl

Production by month

Oil output fell 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for MILLER 1242, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 3,179 bbl in the 12 months through Jul 2026, against 4,987 bbl in the 12 months before.Last 12 months: 3,179 bblbbl per monthmcf per month0020010k40020k60030k80040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for MILLER 1242, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 3,179 bbl in the 12 months through Jul 2026, against 4,987 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020010k40020k60030k80040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 77.8% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of MILLER 1242 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 77.8% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 77.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of MILLER 1242 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 77.8% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 77.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 214,044 mcf

  • Flared (4)

    1.7% · 3,783 mcf

1.7% of the gas flared in the last 12 months. 14 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mv Purchasing, LLCOilGathers100Jun 1, 2022–
Canes Midstream Logistics LLCCasinghead gasBuys100Nov 1, 2023–
Canes Midstream Logistics LLCCasinghead gasGathers100Nov 1, 2023–
Cogent Midstream Logistics, LLCCasinghead gasGathers100Mar 1, 2020Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys100Mar 1, 2020Nov 1, 2023
Shell Trading (Us) CompanyOilGathers100Mar 1, 2020Jun 1, 2022

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

Who buys my oilOil price check

872.78 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 872.73 and 872.78 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Miller 1242
API numberWell no.Acreson the permit
42-235-3565306H872.78
42-235-3563607H872.78
42-235-3563703H872.73
42-235-3563804H872.73

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 MILLER 1242
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources65644832,08932,0890$80.46$2.89
Jun 2026Permian Resources369415,37015,3700$84.81$3.15
May 2026Permian Resources50696,1536,08964$102.13$2.94
Apr 2026Permian Resources701654,6971,0453,652$100.32$2.77
Mar 2026Permian Resources28630922,71122,7110$91.38$3.04
Feb 2026Permian Resources32242616,56316,5630$64.51$3.62
Jan 2026Permian Resources45250722,46022,4600$60.04$7.72
Dec 2025Permian Resources50522036,79236,7920$57.97$4.26
Nov 2025Permian Resources3204,8634,8630$60.06$3.79
Oct 2025Permian Resources562974,2034,2030$60.89$3.19
Sep 2025Permian Resources34123325,80825,8080$63.96$2.97
Aug 2025Permian Resources37334226,11826,05167$64.86$2.91
Jul 2025Permian Resources38242025,33825,27860$68.39$3.20
Jun 2025Permian Resources37845124,68524,65134$68.17$3.02
May 2025Permian Resources43532725,88425,499385$62.17$3.12
Apr 2025Permian Resources33637624,96824,473495$63.54$3.42
Mar 2025Permian Resources35554325,37224,3591,013$68.24$4.12
Feb 2025Permian Resources42732323,25023,2500$71.53$4.19
Jan 2025Permian Resources50046626,66526,63827$75.74$4.13
Dec 2024Permian Resources51856626,03826,0380$70.12$3.01
Nov 2024Permian Resources38329125,28724,967320$69.95$2.12
Oct 2024Permian Resources45643127,96827,9680$71.99$2.20
Sep 2024Permian Resources42742426,80226,246556$70.24$2.28
Aug 2024Permian Resources39032924,42422,7891,635$76.68$1.99
Jul 2024Permian Resources38846624,37221,1743,198$81.80$2.07
Jun 2024Permian Resources46047425,34524,638707$79.77$2.54
May 2024Permian Resources45147526,53524,7471,788$80.02$2.12
Apr 2024Permian Resources30536925,30422,4472,857$85.35$1.60
Mar 2024Permian Resources56265425,36323,4691,894$81.28$1.49
Feb 2024Permian Resources56349627,24423,8563,388$77.25$1.72
Jan 2024Permian Resources59460128,19323,7024,491$74.15$3.18
Dec 2023Permian Resources45049428,63924,9883,651$71.90$2.52
Nov 2023Permian Resources39225825,83324,6851,148$77.69$2.71
Oct 2023Earthstone Operating,56373929,40520,2629,143$85.64$2.98
Sep 2023Earthstone Operating,62160529,0087,93121,077$89.43$2.64
Aug 2023Earthstone Operating,48035628,15112,96915,182$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.

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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area)CountyIrion County

Permian Resources Operating, LLC in Irion County

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Spraberry (Trend Area) field

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