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Texas gas well

Producing

MURCHISON 87

Murchison 87 is a gas well in Reeves County, Texas, operated by CPX Energy Operating, LLC in the Phantom (Wolfcamp) field.

1 well

155,545mcf gas, last 12 months−23% vs prior year
RRC lease
08-293727

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
26,106 bbl
Gas in Jul 2026
11,712 mcf

Production by month

Gas output fell 23% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for MURCHISON 87, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 155,545 mcf in the 12 months through Jul 2026, against 200,867 mcf in the 12 months before.Last 12 months: 155,545 mcfmcf per monthbbl per month005,0001,00010k2,00015k3,00020k4,00025k5,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for MURCHISON 87, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 155,545 mcf in the 12 months through Jul 2026, against 200,867 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,0001,00010k2,00015k3,00020k4,00025k5,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to a processing plant in the last 12 months

Flaring peaked at 46.3% of the gas in Mar 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
81% of the gas went to a processing plant in the last 12 monthsShare of MURCHISON 87 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 46.3% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 46.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to a processing plant in the last 12 monthsShare of MURCHISON 87 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 46.3% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Flared 46.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    81% · 126,330 mcf

  • Flared (4)

    15% · 22,818 mcf

  • Lease fuel (1)

    4.1% · 6,397 mcf

14.7% of the gas flared in the last 12 months. 23 months above 3%.

Who has run this lease

The operator changed once, most recently in Oct 2023

Operators of this lease over timeCP Exploration III Operating,llc, Nov 2022 to Sep 2023; CPX Energy Operating, LLC, Oct 2023 to Jul 20262023202420252026Changed Oct 2023CP Exploration III Operating,…Nov 2022 to Sep 2023CPX Energy Operating, LLCOct 2023 to now
Operators of this lease over timeCP Exploration III Operating,llc, Nov 2022 to Sep 2023; CPX Energy Operating, LLC, Oct 2023 to Jul 20262023202420252026Changed Oct 2023CP Exploration III Operating,llcNov 2022 to Sep 2023CPX Energy Operating, LLCOct 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MURCHISON 87
API numberWell no.Status
42-389-399854HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Energy Trans Crude Marketing LLCCondensateGathers100Nov 8, 2022
Energy Transfer CompanyGas-well gasBuys100Nov 8, 2022
Energy Transfer CompanyGas-well gasGathers100Nov 8, 2022

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

320 acres on the newest permit

Permits for Murchison 87
API numberWell no.Acreson the permit
42-389-399854H320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for MURCHISON 87
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026CPX Energy1,9021,84911,71210,574627$80.46$2.89
Jun 2026CPX Energy1,9131,91311,83410,2381,090$84.81$3.15
May 2026CPX Energy2,0632,16212,7888,3123,925$102.13$2.94
Apr 2026CPX Energy1,9492,06112,36410,0481,774$100.32$2.77
Mar 2026CPX Energy2,1322,06012,2616,0785,679$91.38$3.04
Feb 2026CPX Energy1,8861,93911,3126,5334,309$64.51$3.62
Jan 2026CPX Energy2,1562,04612,33710,0421,777$60.04$7.72
Dec 2025CPX Energy2,2792,24013,37810,8032,047$57.97$4.26
Nov 2025CPX Energy2,4512,65114,40213,758104$60.06$3.79
Oct 2025CPX Energy2,4582,52714,37113,78925$60.89$3.19
Sep 2025CPX Energy2,4452,20413,88213,181132$63.96$2.97
Aug 2025CPX Energy2,4722,46414,90412,9741,329$64.86$2.91
Jul 2025CPX Energy2,7252,62516,59715,497455$68.39$3.20
Jun 2025CPX Energy2,6942,69316,44114,5261,266$68.17$3.02
May 2025CPX Energy2,7872,80016,89815,704531$62.17$3.12
Apr 2025CPX Energy2,5542,55215,35514,372366$63.54$3.42
Mar 2025CPX Energy2,7242,79815,71313,6821,368$68.24$4.12
Feb 2025CPX Energy2,3122,30512,0489,9071,596$71.53$4.19
Jan 2025CPX Energy2,8212,74815,83110,2844,894$75.74$4.13
Dec 2024CPX Energy3,0773,20217,58616,379555$70.12$3.01
Nov 2024CPX Energy3,0532,84617,58716,046902$69.95$2.12
Oct 2024CPX Energy3,2533,42818,16317,232285$71.99$2.20
Sep 2024CPX Energy3,2013,10818,36717,420314$70.24$2.28
Aug 2024CPX Energy3,4133,45620,28119,442193$76.68$1.99
Jul 2024CPX Energy3,5973,62021,18619,877643$81.80$2.07
Jun 2024CPX Energy3,0273,07117,83616,986243$79.77$2.54
May 2024CPX Energy3,5323,38519,55418,84366$80.02$2.12
Apr 2024CPX Energy3,4993,59120,21318,701872$85.35$1.60
Mar 2024CPX Energy3,5863,44720,73418,9801,089$81.28$1.49
Feb 2024CPX Energy3,4353,53019,65618,538490$77.25$1.72
Jan 2024CPX Energy3,8684,07621,60420,531396$74.15$3.18
Dec 2023CPX Energy3,8523,64821,36719,1801,619$71.90$2.52
Nov 2023CPX Energy3,9764,00822,00520,555900$77.69$2.71
Oct 2023CPX Energy4,3084,39222,63220,1421,922$85.64$2.98
Sep 2023CP Exploration4,2534,30320,48219,620312$89.43$2.64
Aug 2023CP Exploration4,7575,10623,95421,9721,414$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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CPX Energy Operating, LLC in Reeves County

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