Skip to content
Royalty Clerk

Texas oil lease

Producing

NEW MEXICO 27-51-8

New Mexico 27-51-8 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Hoefs T-K (Wolfcamp) field.

1 well

3,333bbl oil, last 12 months−52% vs prior year
Operator
Noble Energy Inc
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-45975

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
2,693 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 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 lease

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for NEW MEXICO 27-51-8, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 3,333 bbl in the 12 months through Jul 2026, against 7,003 bbl in the 12 months before.Last 12 months: 3,333 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for NEW MEXICO 27-51-8, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 3,333 bbl in the 12 months through Jul 2026, against 7,003 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 9.1% of the gas in Jan 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2025 the lease's gas goes to a processing plant instead of lease fuelShare of NEW MEXICO 27-51-8 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 9.1% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: fuel to plantFlared 9.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a processing plant instead of lease fuelShare of NEW MEXICO 27-51-8 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 9.1% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Feb 25: fuel to plantFlared 9.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    79% · 4,085 mcf

  • Lease fuel (1)

    17% · 897 mcf

  • Flared (4)

    3.1% · 159 mcf

3.1% of the gas flared in the last 12 months. 6 months above 3%.

1 well on this lease

Wells on NEW MEXICO 27-51-8
API numberWell no.Status
42-389-343371HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers25Oct 1, 2024–
Et Gathering & Processing LLCOilGathers25Oct 1, 2024–
Noble Energy INCOilGathers25Oct 1, 2024–
Plains Marketing, L.p.OilGathers25Oct 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Oct 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys50Oct 1, 2024–
Noble Energy INCCasinghead gasGathers100Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Oct 1, 2024
Noble Energy INCOilGathers50Jan 1, 2023Oct 1, 2024
Plains Marketing, L.p.OilGathers50Aug 1, 2018Oct 1, 2024
Noble Midstream Services, LLCCasinghead gasGathers100Dec 1, 2019Jan 1, 2023
Noble Midstream Services, LLCOilGathers50Dec 1, 2019Jan 1, 2023
Clayton Williams Pipeline CorpCasinghead gasGathers100Sep 16, 2014Dec 1, 2019

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

Who buys my oilOil price check

641.90 acres on the newest permit

Check your decimal on this lease
Permits for New Mexico 27-51-8
API numberWell no.Acreson the permit
42-389-343371H641.90

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

Unit decimal checker

What Chevron Corporation told investors it received

Noble Energy Inc is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

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

Estimate your royalty

36 months, newest first

Ledger for NEW MEXICO 27-51-8
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600980$84.81$3.15
May 20268349657375951$102.13$2.94
Apr 20262,0392,1371,5481,31880$100.32$2.77
Mar 20264462013772920$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500870$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202514014130$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 20251,2421,4169918700$68.39$3.20
Jun 20251,1258652071300$68.17$3.02
May 20254030000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 202530873520311116$68.24$4.12
Feb 2025447062950632$71.53$4.19
Jan 202500000$75.74$4.13
Dec 2024729383120$70.12$3.01
Nov 202428364833522330$69.95$2.12
Oct 20246257326726020$71.99$2.20
Sep 20241,7151,1461,9181,8160$70.24$2.28
Aug 20241,2111,0471,5081,3892$76.68$1.99
Jul 20241,1351,2731,5221,38911$81.80$2.07
Jun 20242,0162,0872,3842,16957$79.77$2.54
May 20241,9821,9751,9691,77742$80.02$2.12
Apr 20241,2821,2181,2331,0750$85.35$1.60
Mar 20241,8451,8282,0001,80521$81.28$1.49
Feb 20241,7381,9951,9231,7660$77.25$1.72
Jan 20242,2442,2882,3061,876209$74.15$3.18
Dec 20232,9793,2393,0712,719127$71.90$2.52
Nov 20232,2851,7511,9851,8521$77.69$2.71
Oct 20231,3151,3441,5031,3570$85.64$2.98
Sep 202390880$89.43$2.64
Aug 202300000$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

OperatorNoble Energy IncFieldHoefs T-K (Wolfcamp)CountyReeves County

Noble Energy Inc in Reeves County

All Noble Energy Inc leases →

Hoefs T-K (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km