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Texas oil lease

Producing

PALMITO RANCH F

Palmito Ranch F is an oil lease in Glasscock County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

2 wells

64,075bbl oil, last 12 months−41% vs prior year
RRC lease
08-61523

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
263,991 mcf
Oil in Jul 2026
3,773 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Civitas Permian Operating, LLC took over from Oxyrock Operating, LLC in May 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for PALMITO RANCH F, Feb 2024 to Jul 2026. Oil output fell 41% over the last 12 months. 64,075 bbl in the 12 months through Jul 2026, against 107,927 bbl in the 12 months before.Last 12 months: 64,075 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for PALMITO RANCH F, Feb 2024 to Jul 2026. Oil output fell 41% over the last 12 months. 64,075 bbl in the 12 months through Jul 2026, against 107,927 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 24Jan 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

Flaring peaked at 9.5% of the gas in May 2024.

  • Processing plant (3)
  • Other (5 to 8)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of PALMITO RANCH F gas by disposition code each month, Feb 2024 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.5% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.5%Apr 24JulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of PALMITO RANCH F gas by disposition code each month, Feb 2024 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.5% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 9.5%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in May 2025

Operators of this lease over timeCrownquest Operating, LLC, Feb 2024 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Apr 2025; Civitas Permian Operating, LLC, May 2025 to Jul 202620252026Changed Aug 2024Changed May 2025Crownquest Operating, LLCFeb 2024 to Jul 2024Oxyrock Operating, LLCAug 2024 to Apr 2025Civitas Permian Operating, LLCMay 2025 to now
Operators of this lease over timeCrownquest Operating, LLC, Feb 2024 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Apr 2025; Civitas Permian Operating, LLC, May 2025 to Jul 202620252026Changed Aug 2024Changed May 2025Crownquest Operating, LLCFeb 2024 to Jul 2024Oxyrock Operating, LLCAug 2024 to Apr 2025Civitas Permian Operating, LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PALMITO RANCH F
API numberWell no.Status
42-173-389397HDActive
42-173-389408HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Nustar Permian Trans and Stg,llcOilGathers50May 1, 2025–
Shell Trading (Us) CompanyOilGathers50Feb 19, 2024–
Enlink Gas Marketing, LPCasinghead gasBuys100Feb 19, 2024–
Enlink Permian, LLCCasinghead gasGathers100Feb 19, 2024–
Energy Transfer CompanyOilGathers50Feb 1, 2025May 1, 2025
Nustar Permian Trans and Stg,llcOilGathers50Feb 19, 2024Feb 1, 2025

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

752 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.

Check your decimal on this lease
Permits for Palmito Ranch F
API numberWell no.Acreson the permit
42-173-389397HD752
42-173-389408HA752

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

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

30 months, newest first

Ledger for PALMITO RANCH F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Civitas Permian3,7733,76216,30816,3080$80.46$2.89
Jun 2026Civitas Permian3,9543,97821,64121,6410$84.81$3.15
May 2026Civitas Permian4,6254,62322,81122,8110$102.13$2.94
Apr 2026Civitas Permian4,4214,38621,89621,8960$100.32$2.77
Mar 2026Civitas Permian4,5924,62324,56324,5630$91.38$3.04
Feb 2026Civitas Permian5,1705,20223,70423,7040$64.51$3.62
Jan 2026Civitas Permian5,7085,64417,63817,6380$60.04$7.72
Dec 2025Civitas Permian4,4044,41521,90321,9030$57.97$4.26
Nov 2025Civitas Permian5,4745,47325,61625,6160$60.06$3.79
Oct 2025Civitas Permian5,6335,71325,08225,0820$60.89$3.19
Sep 2025Civitas Permian6,2506,24418,66618,6660$63.96$2.97
Aug 2025Civitas Permian10,07110,05724,16324,1630$64.86$2.91
Jul 2025Civitas Permian7,3167,27829,23729,2370$68.39$3.20
Jun 2025Civitas Permian8,0828,09626,71626,7160$68.17$3.02
May 2025Civitas Permian7,8047,79326,28226,2820$62.17$3.12
Apr 2025Oxyrock Operating,6,4596,42826,02326,0230$63.54$3.42
Mar 2025Oxyrock Operating,7,4787,47626,14526,1450$68.24$4.12
Feb 2025Oxyrock Operating,7,4997,52826,67226,6670$71.53$4.19
Jan 2025Oxyrock Operating,8,5448,49232,03331,831180$75.74$4.13
Dec 2024Oxyrock Operating,7,8057,86521,78121,7670$70.12$3.01
Nov 2024Oxyrock Operating,8,1368,12925,85025,8490$69.95$2.12
Oct 2024Oxyrock Operating,11,47511,44237,27937,128123$71.99$2.20
Sep 2024Oxyrock Operating,12,78312,81539,76538,0291,730$70.24$2.28
Aug 2024Oxyrock Operating,14,54614,51246,32245,2491,060$76.68$1.99
Jul 2024Crownquest Operating,17,77817,74757,33757,162175$81.80$2.07
Jun 2024Crownquest Operating,21,01620,99763,40761,9261,481$79.77$2.54
May 2024Crownquest Operating,28,87928,89174,09066,8907,072$80.02$2.12
Apr 2024Crownquest Operating,42,22742,21575,85170,5035,348$85.35$1.60
Mar 2024Crownquest Operating,14,03314,03318,03017,662360$81.28$1.49
Feb 2024Crownquest Operating,00000$77.25$1.72

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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Nearby

Spraberry (Trend Area) field

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