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Texas oil lease

Producing

NORTH ELEPHANT 2 UNIT

North Elephant 2 Unit is an oil lease in Reeves County, Texas, operated by Resolute Natural Res. Co., LLC in the Phantom (Wolfcamp) field.

2 wells

10,857bbl oil, last 12 months−18% vs prior year
RRC lease
08-47936

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
62,755 mcf
Oil in Jul 2026
275 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for NORTH ELEPHANT 2 UNIT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 10,857 bbl in the 12 months through Jul 2026, against 13,211 bbl in the 12 months before.Last 12 months: 10,857 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for NORTH ELEPHANT 2 UNIT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 10,857 bbl in the 12 months through Jul 2026, against 13,211 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of NORTH ELEPHANT 2 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of NORTH ELEPHANT 2 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on NORTH ELEPHANT 2 UNIT
API numberWell no.Status
42-389-351421001HActive
42-389-35527U 06HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Caprock Permian Crude LLCOilGathers50May 1, 2017
Plains Marketing, L.p.OilGathers50May 1, 2017
Energy Transfer CompanyCasinghead gasBuys100Jul 31, 2016
Energy Transfer CompanyCasinghead gasGathers100Jul 31, 2016

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

637.06 acres on the newest permit

  • 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.

Check your decimal on this lease
Permits for North Elephant 2 Unit
API numberWell no.Acreson the permit
42-389-35527U 06H637.06
42-389-351421001H637.06

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

Estimate your royalty

36 months, newest first

Ledger for NORTH ELEPHANT 2 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262752853,6853,6850$80.46$2.89
Jun 20264273834,0804,0800$84.81$3.15
May 20262382792,6782,6780$102.13$2.94
Apr 20264695232,6422,6420$100.32$2.77
Mar 20261,1201,0967,4067,4060$91.38$3.04
Feb 20261,2891,2317,0027,0020$64.51$3.62
Jan 20261,1171,2246,2336,2330$60.04$7.72
Dec 20251,0381,0425,0255,0250$57.97$4.26
Nov 20251,6341,6229,3089,3080$60.06$3.79
Oct 20256396262,9432,9430$60.89$3.19
Sep 20251,1631,1355,0425,0420$63.96$2.97
Aug 20251,4481,4866,7116,7110$64.86$2.91
Jul 20251,7381,6917,8157,8150$68.39$3.20
Jun 20251,6771,7027,8047,8040$68.17$3.02
May 20251,6291,6386,4146,4140$62.17$3.12
Apr 20251,2061,1585,1905,1900$63.54$3.42
Mar 20252,4422,48410,25010,2500$68.24$4.12
Feb 20251,0661,0613,0833,0830$71.53$4.19
Jan 20251,3041,2994,3784,3780$75.74$4.13
Dec 20249989044,0774,0770$70.12$3.01
Nov 20241081245265260$69.95$2.12
Oct 20242863111,2581,2580$71.99$2.20
Sep 20244884541,7821,7820$70.24$2.28
Aug 20242692687597590$76.68$1.99
Jul 20243883851,2581,2580$81.80$2.07
Jun 20245545571,5201,5200$79.77$2.54
May 20243313318578570$80.02$2.12
Apr 20243823651,3361,3360$85.35$1.60
Mar 202465793,5673,5670$81.28$1.49
Feb 2024215196000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202306000$77.69$2.71
Oct 2023851646306300$85.64$2.98
Sep 20238918294,8084,79216$89.43$2.64
Aug 20232393233,9243,9159$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Phantom (Wolfcamp) field

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