Texas oil lease
ProducingNICKEL SALOON C
Nickel Saloon C is an oil lease in Upton County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Permian Resources Operating, LLC
- County
- Upton County
- RRC lease
- 7C-21512
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 373,981 mcf
- Oil in Jul 2026
- 2,436 bbl
Production by month
Oil output fell 32% 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
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 39.3% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
93% · 346,852 mcf
Flared (4)
7.3% · 27,129 mcf
7.3% of the gas flared in the last 12 months. 7 months above 3%.
Who has run this lease
The operator changed once, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC Feb 2022 to Oct 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-461-41856 | 4C | Active |
| 42-461-41857 | 5BU | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 50 | Jun 1, 2022 | – |
| Plains Pipeline L.p. | Oil | Gathers | 50 | Jun 1, 2022 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Buys | 100 | May 30, 2024 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Gathers | 100 | May 30, 2024 | – |
| Cogent Midstream Westex, LLC | Casinghead gas | Gathers | 100 | Dec 3, 2021 | Nov 1, 2023 |
| Cogent Midstream Westex, LLC | Casinghead gas | Buys | 100 | Dec 3, 2021 | Nov 1, 2023 |
| Plains Pipeline L.p. | Oil | Gathers | 100 | Dec 3, 2021 | Jun 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
750.34 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- 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 |
|---|---|---|---|---|
| 42-461-41856 | 4C | Jul 1, 2021 | Dec 3, 2021 | 750.34 |
| 42-461-41857 | 5BU | Jul 1, 2021 | Dec 14, 2021 | 750.34 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 2,436 | 2,395 | 39,670 | 39,050 | 620 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 2,351 | 2,427 | 39,201 | 35,932 | 3,269 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,692 | 1,714 | 19,841 | 18,826 | 1,015 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 2,145 | 2,222 | 34,993 | 21,234 | 13,759 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 2,606 | 2,540 | 34,440 | 33,071 | 1,369 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 2,635 | 2,738 | 31,956 | 30,646 | 1,310 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 2,533 | 2,445 | 33,534 | 27,747 | 5,787 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 2,827 | 2,858 | 31,767 | 31,767 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 2,879 | 2,887 | 32,821 | 32,821 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 3,312 | 3,184 | 29,138 | 29,138 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 2,311 | 2,333 | 20,340 | 20,340 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 2,329 | 2,363 | 26,280 | 26,280 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 3,233 | 3,193 | 34,919 | 34,919 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 3,020 | 3,048 | 33,798 | 33,798 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 3,406 | 3,394 | 36,442 | 36,442 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 3,624 | 3,651 | 33,562 | 33,562 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 3,626 | 3,573 | 35,950 | 35,950 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 3,927 | 3,946 | 34,711 | 34,711 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 3,935 | 3,926 | 27,035 | 27,035 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 3,503 | 3,508 | 23,535 | 23,535 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 4,095 | 4,055 | 31,499 | 31,483 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 4,728 | 4,779 | 33,890 | 33,249 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 3,672 | 3,672 | 18,596 | 17,780 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 3,744 | 3,755 | 29,237 | 26,013 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 4,851 | 4,920 | 26,475 | 25,384 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 4,554 | 4,466 | 15,634 | 14,622 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 4,347 | 4,373 | 28,676 | 28,382 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 5,628 | 5,772 | 39,575 | 39,122 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 6,871 | 6,789 | 24,154 | 24,154 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 7,791 | 7,834 | 29,815 | 29,398 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 8,179 | 8,044 | 29,394 | 29,394 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 9,160 | 9,153 | 29,744 | 29,716 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 11,839 | 12,456 | 32,062 | 32,062 | 0 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 12,073 | 11,561 | 34,768 | 34,763 | 0 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 16,154 | 16,613 | 38,311 | 38,311 | 0 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 16,324 | 16,061 | 32,669 | 29,934 | 1,652 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Upton County
- BENEDUM 3-6 B
51,115 bbl
- BENEDUM 3 EAST A
48,656 bbl
- NICKEL SALOON B
39,929 bbl
- BENEDUM 3-6 A
28,487 bbl
- RATLIFF 9-7 D
26,941 bbl
- RATLIFF 9-7 E
30,711 bbl
- RATLIFF 9-7 C
24,255 bbl
- RATLIFF 9-7 B
10,932 bbl
- NICKEL SALOON A
19,032 bbl
- HAMMAN 30F
13,983 bbl
Spraberry (Trend Area) field
- BRUCE B
34,727 bbl
- SIDEWINDER E
42,847 bbl
- E DAVIDSON 48B
6,041 bbl
- UNIVERSITY "3-33"
37,619 bbl
- UL WILLIE A
35,437 bbl
- KLONDIKE B3
33,535 bbl
- KING C 167-158 UB
25,614 bbl
- BAST-BIRD 28H
23,740 bbl
- UNIVERSITY 14-11A
43,163 bbl
- EL GUAPO D
25,620 bbl
Leases within 10 km
- NICKEL SALOON B
39,929 bbl · 0 km
- NICKEL SALOON A
19,032 bbl · 0 km
- RATLIFF 9-7 A
11,129 bbl · 0.3 km
- RATLIFF 9-7 B
10,932 bbl · 0.3 km
- BENEDUM /SPRABERRY/ UNIT
6,661 bbl · 0.6 km
- WHISKEY RIVER
68,367 bbl · 0.6 km
- RATLIFF 9-7 C
24,255 bbl · 0.6 km
- RATLIFF 9-7 D
26,941 bbl · 0.6 km
- RATLIFF 9-7 E
30,711 bbl · 0.6 km
- ELLIOTT "A"
0 mcf · 0.8 km
Drilling permits within 10 km
NEAL '14-B' #3903
re-entry · Aqua Terra Permian, LLC · Upton County · 1.6 km
Permit 0917858 · Aug 14, 2026
NEAL 9C #103H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Upton County · 8.2 km
Permit 0916914 · Aug 11, 2026
NEAL 9F #106H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Upton County · 8.3 km
Permit 0916918 · Aug 7, 2026
NEAL 9E #105H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Upton County · 8.3 km
Permit 0916916 · Aug 7, 2026
NEAL 9D #104H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Upton County · 8.2 km
Permit 0916915 · Aug 7, 2026