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Texas oil lease

Producing

PANTHER 23

Panther 23 is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Wolfbone (Trend Area) field.

2 wells

3,275bbl oil, last 12 months−4% vs prior year
RRC lease
08-40472

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
2,177 mcf
Oil in Jul 2026
453 bbl

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for PANTHER 23, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 3,275 bbl in the 12 months through Jul 2026, against 3,397 bbl in the 12 months before.Last 12 months: 3,275 bblbbl per monthmcf per month002002504005006007508001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for PANTHER 23, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 3,275 bbl in the 12 months through Jul 2026, against 3,397 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

75% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Dec 2023.

  • Processing plant (3)
  • Flared (4)
75% of the gas went to flaring in the last 12 monthsShare of PANTHER 23 gas by disposition code each month, Aug 2023 to Jul 2026. 75% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
75% of the gas went to flaring in the last 12 monthsShare of PANTHER 23 gas by disposition code each month, Aug 2023 to Jul 2026. 75% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    75% · 1,631 mcf

  • Processing plant (3)

    25% · 546 mcf

74.9% of the gas flared in the last 12 months. 24 months above 3%.

Who has run this lease

The operator changed once, most recently in Sep 2023

Operators of this lease over timePri Operating, LLC, Jan 2020 to Aug 2023; VTX Energy Operating, LLC, Sep 2023 to Jul 20262020202120222023202420252026Changed Sep 2023Pri Operating, LLCJan 2020 to Aug 2023VTX Energy Operating, LLCSep 2023 to now
Operators of this lease over timePri Operating, LLC, Jan 2020 to Aug 2023; VTX Energy Operating, LLC, Sep 2023 to Jul 20262020202120222023202420252026Changed Sep 2023Pri Operating, LLCJan 2020 to Aug 2023VTX Energy Operating, LLCSep 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PANTHER 23
API numberWell no.Status
42-389-326261Active
42-389-333232Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers50Jan 1, 2020–
Plains Marketing, L.p.OilGathers50Jan 9, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
United Energy Trading LLCOilGathers50Aug 1, 2019Jan 9, 2024
Etc Texas P/L, LTDCasinghead gasBuys100Aug 1, 2019Oct 1, 2023
Oryx So. Delaware Ogt LLCOilGathers50Feb 1, 2016Jan 1, 2020
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Aug 1, 2019
Shell Trading (Us) CompanyOilGathers50Feb 1, 2016Aug 1, 2019

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

639.13 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 319.53 and 639.13 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Panther 23
API numberWell no.Acreson the permit
42-389-333232639.13
42-389-326261319.53

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for PANTHER 23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026VTX Energy453381752103649$80.46$2.89
Jun 2026VTX Energy47350853234498$84.81$3.15
May 2026VTX Energy21519521198113$102.13$2.94
Apr 2026VTX Energy13715833033$100.32$2.77
Mar 2026VTX Energy16214328028$91.38$3.04
Feb 2026VTX Energy17229222121$64.51$3.62
Jan 2026VTX Energy319199482226$60.04$7.72
Dec 2025VTX Energy328330835132$57.97$4.26
Nov 2025VTX Energy196169311120$60.06$3.79
Oct 2025VTX Energy2732841010101$60.89$3.19
Sep 2025VTX Energy2924341214576$63.96$2.97
Aug 2025VTX Energy25528021518134$64.86$2.91
Jul 2025VTX Energy26204594572$68.39$3.20
Jun 2025VTX Energy2804112922866$68.17$3.02
May 2025VTX Energy3031391021002$62.17$3.12
Apr 2025VTX Energy2703891073$63.54$3.42
Mar 2025VTX Energy3082471931930$68.24$4.12
Feb 2025VTX Energy3644862782780$71.53$4.19
Jan 2025VTX Energy2817110$75.74$4.13
Dec 2024VTX Energy952231831830$70.12$3.01
Nov 2024VTX Energy39220357755522$69.95$2.12
Oct 2024VTX Energy29731745140546$71.99$2.20
Sep 2024VTX Energy41141981276943$70.24$2.28
Aug 2024VTX Energy3874036886862$76.68$1.99
Jul 2024VTX Energy32135559858216$81.80$2.07
Jun 2024VTX Energy33524055449064$79.77$2.54
May 2024VTX Energy48654252142596$80.02$2.12
Apr 2024VTX Energy1312252152105$85.35$1.60
Mar 2024VTX Energy1750664509155$81.28$1.49
Feb 2024VTX Energy3673395540554$77.25$1.72
Jan 2024VTX Energy2634104554550$74.15$3.18
Dec 2023VTX Energy5265195760576$71.90$2.52
Nov 2023VTX Energy512628292133159$77.69$2.71
Oct 2023VTX Energy3741963673607$85.64$2.98
Sep 2023VTX Energy743515312924$89.43$2.64
Aug 2023Pri Operating,10827314012020$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.

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Nearby

VTX Energy Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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