Texas oil lease
ProducingORBIT 51-7-21-16 G
Orbit 51-7-21-16 G is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- RRC lease
- 08-60066
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 219,170 mcf
- Oil in Jul 2026
- 2,695 bbl
Checks stopped on this lease?
- Operator
Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.
- Buyer
Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced OCCIDENTAL ENERGY MARKETING,INC., VAQUERO PERMIAN PROCESSING LLC as the buyer of this lease's gas from oil wells on Mar 31, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 34% 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 Nov 2025 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 42.3% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
67% · 147,154 mcf
Processing plant (3)
25% · 54,189 mcf
Flared (4)
8.1% · 17,827 mcf
8.1% of the gas flared in the last 12 months. 14 months above 3%.
Who has run this lease
The operator changed once, most recently in Nov 2024
- Permian Resources Operating, LLC Nov 2024 to now
- OXY USA WTP LP Aug 2023 to Oct 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-40462 | 87H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Kinetik Holdings LP | Oil | Gathers | 90 | Mar 31, 2026 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 10 | Mar 31, 2026 | – |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 50 | Mar 31, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Buys | 50 | Mar 31, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | Mar 31, 2026 | – |
| Oxy USA Wtp LP | Casinghead gas | Gathers | 100 | Aug 16, 2023 | Mar 31, 2026 |
| Occidental Energy Marketing,inc. | Casinghead gas | Buys | 90 | Aug 16, 2023 | Mar 31, 2026 |
| Vaquero Permian Processing LLC | Casinghead gas | Buys | 10 | Aug 16, 2023 | Mar 31, 2026 |
| Indeca Crude Xpress, LLC | Oil | Gathers | 10 | Aug 16, 2023 | Mar 31, 2026 |
| Plains Marketing, L.p. | Oil | Gathers | 90 | Aug 16, 2023 | Mar 31, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,267.99 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 |
|---|---|---|---|---|
| 42-389-40462 | 87H | Feb 16, 2023 | Aug 16, 2023 | 1,267.99 |
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 | 2,695 | 2,734 | 12,461 | 11,934 | 527 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 4,187 | 4,171 | 22,192 | 20,311 | 1,881 | $84.81 | $3.15 |
| May 2026Permian Resources | 4,798 | 4,797 | 22,345 | 21,412 | 933 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 4,611 | 4,800 | 19,251 | 11,101 | 8,150 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 4,059 | 3,860 | 17,728 | 17,138 | 590 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 3,655 | 3,654 | 16,896 | 15,324 | 1,572 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 2,119 | 2,145 | 10,273 | 9,989 | 284 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 4,755 | 4,758 | 18,976 | 18,557 | 419 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 4,793 | 4,777 | 22,434 | 21,388 | 1,046 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 5,021 | 5,034 | 19,359 | 18,539 | 820 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 4,879 | 4,857 | 17,064 | 16,854 | 210 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 5,336 | 5,354 | 20,191 | 18,796 | 1,395 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 5,965 | 5,975 | 21,755 | 21,172 | 583 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 4,615 | 4,557 | 18,088 | 17,479 | 609 | $68.17 | $3.02 |
| May 2025Permian Resources | 2,444 | 2,653 | 10,610 | 9,396 | 1,214 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 10,858 | 10,716 | 50,899 | 29,724 | 21,175 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 4,336 | 4,333 | 17,496 | 16,155 | 1,341 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 4,530 | 4,626 | 19,268 | 11,712 | 7,556 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 9,930 | 9,792 | 17,994 | 17,994 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 6,102 | 6,134 | 11,881 | 11,881 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 5,253 | 5,266 | 15,591 | 15,501 | 90 | $69.95 | $2.12 |
| Oct 2024OXY USA | 7,839 | 7,879 | 22,749 | 22,721 | 28 | $71.99 | $2.20 |
| Sep 2024OXY USA | 7,791 | 7,798 | 21,137 | 20,875 | 262 | $70.24 | $2.28 |
| Aug 2024OXY USA | 7,771 | 7,719 | 23,496 | 23,496 | 0 | $76.68 | $1.99 |
| Jul 2024OXY USA | 7,357 | 7,408 | 23,765 | 23,728 | 37 | $81.80 | $2.07 |
| Jun 2024OXY USA | 10,191 | 10,226 | 34,757 | 34,757 | 0 | $79.77 | $2.54 |
| May 2024OXY USA | 10,821 | 10,769 | 42,617 | 42,617 | 0 | $80.02 | $2.12 |
| Apr 2024OXY USA | 10,500 | 10,506 | 43,776 | 43,592 | 184 | $85.35 | $1.60 |
| Mar 2024OXY USA | 12,707 | 12,655 | 42,618 | 42,618 | 0 | $81.28 | $1.49 |
| Feb 2024OXY USA | 14,652 | 14,806 | 43,060 | 42,997 | 63 | $77.25 | $1.72 |
| Jan 2024OXY USA | 21,280 | 21,252 | 58,121 | 58,121 | 0 | $74.15 | $3.18 |
| Dec 2023OXY USA | 17,729 | 17,606 | 35,802 | 35,802 | 0 | $71.90 | $2.52 |
| Nov 2023OXY USA | 25,054 | 25,079 | 46,235 | 46,235 | 0 | $77.69 | $2.71 |
| Oct 2023OXY USA | 22,855 | 22,875 | 32,046 | 32,046 | 0 | $85.64 | $2.98 |
| Sep 2023OXY USA | 45,742 | 45,747 | 59,284 | 59,263 | 21 | $89.43 | $2.64 |
| Aug 2023OXY USA | 18,928 | 18,776 | 20,698 | 20,698 | 0 | $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 Reeves County
- BAT MASTERSON E
53,247 bbl
- RUSSELL LONG D
57,161 bbl
- ST. LUCIA 17 UNIT
374,200 mcf
- ORBIT 51-7-21-16 E
46,556 bbl
- DOC SEUSS B
43,835 bbl
- WYATT EARP 22-21 B1
52,549 bbl
- SHADRACH 68 UNIT
594,177 mcf
- GOLIATH MIPA UNIT
281,188 mcf
- MOSES MIPA UNIT
242,543 mcf
- DOC HUDSON
44,759 bbl
Wolfbone (Trend Area) field
- REV CON STATE T8-50-21 A
58,604 bbl
- DALE EVANS 196-25 UNIT C
46,227 bbl
- UL EMPIRE 15-16 B
53,721 bbl
- REV BX STEVE GREEN B
57,528 bbl
- BEXAR 46-1 WEST UNIT 2
52,054 bbl
- ORBIT 51-7-21-16 E
46,556 bbl
- UL EMPIRE 15-16 D
50,635 bbl
- MONROE 28-39 UNIT D
54,985 bbl
- UL TILDEN 16-31-32 TB12
50,834 bbl
- UL TILDEN 16-31-32 WA5
54,275 bbl
Leases within 10 km
- ORBIT 51-7-21-16 F
37,045 bbl · 0 km
- ORBIT 51-7-21-16 E
46,556 bbl · 0 km
- LYDA 21
2,911 bbl · 0.2 km
- ORBIT 51-7-21-16 D
42,168 bbl · 0.3 km
- ORBIT 51-7-21-16 C
53,696 bbl · 0.3 km
- WALKER STATE 28
4,574 bbl · 0.5 km
- ALYX STATE 22
6,919 bbl · 0.6 km
- BEAR CLAW STATE 29-28 UNIT
82,049 bbl · 0.7 km
- ORBIT 51-7-21-16 B
44,926 bbl · 0.8 km
- ORBIT 51-7-21-16 A
113,340 bbl · 0.8 km
Drilling permits within 10 km
CHEVRON MINERALS 19 #1H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.3 km
Permit 0917621 · Aug 13, 2026
CHEVRON MINERALS 19 #2H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.3 km
Permit 0917622 · Aug 13, 2026
BARILLA DRAW #1H
new drill · horizontal · Lakewood Energy LLC · Reeves County · 7.5 km
Permit 0917647 · Aug 7, 2026
BARILLA DRAW #2HU
new drill · horizontal · Lakewood Energy LLC · Reeves County · 7.5 km
Permit 0917648 · Aug 7, 2026
ZUTOPIA A #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.3 km
Permit 0917610 · Aug 7, 2026