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Texas oil lease

Producing

PAPAYA B 199-178 LB

Papaya B 199-178 LB is an oil lease in Reagan County, Texas, operated by RP Operating, L.L.C. in the Spraberry (Trend Area) field.

1 well

26,290bbl oil, last 12 months−40% vs prior year
RRC lease
7C-21641

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
133,740 mcf
Oil in Jul 2026
2,267 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA PL MID-CONT WESTTEX LLC replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from oil wells on Oct 1, 2024.

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

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Production by month

Oil output fell 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for PAPAYA B 199-178 LB, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 26,290 bbl in the 12 months through Jul 2026, against 43,922 bbl in the 12 months before.Last 12 months: 26,290 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for PAPAYA B 199-178 LB, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 26,290 bbl in the 12 months through Jul 2026, against 43,922 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 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

All of the gas went to a processing plant in the last 12 monthsShare of PAPAYA B 199-178 LB 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 PAPAYA B 199-178 LB 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.

1 well on this lease

Wells on PAPAYA B 199-178 LB
API numberWell no.Status
42-383-410482HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Pipeline LLCOilGathers100Oct 1, 2024–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 1, 2024–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2024–
Dcp Operating Company, LPCasinghead gasGathers100Sep 1, 2022Oct 1, 2024
Dcp Operating Company, LPCasinghead gasBuys100Sep 1, 2022Oct 1, 2024
Shell Trading (Us) CompanyOilGathers100Sep 1, 2022Oct 1, 2024
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Mar 5, 2022Sep 1, 2022
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Mar 5, 2022Sep 1, 2022
Enterprise Crude Oil LLCOilGathers100Mar 5, 2022Sep 1, 2022

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

801.90 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 Papaya B 199-178 LB
API numberWell no.Acreson the permit
42-383-410482H801.90

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

Estimate your royalty

36 months, newest first

Ledger for PAPAYA B 199-178 LB
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,2672,26711,00211,0020$80.46$2.89
Jun 20262,5982,59812,24512,2450$84.81$3.15
May 20262,0132,01312,05712,0570$102.13$2.94
Apr 20262,3102,31012,55512,5550$100.32$2.77
Mar 20262,4152,41510,74410,7440$91.38$3.04
Feb 20262,3742,37410,27610,2760$64.51$3.62
Jan 20262,4512,45111,55311,5530$60.04$7.72
Dec 20252,0502,05011,19811,1980$57.97$4.26
Nov 20251,9121,9129,5059,5050$60.06$3.79
Oct 20251,9221,9229,2719,2710$60.89$3.19
Sep 20251,9011,90111,32411,3240$63.96$2.97
Aug 20252,0772,07712,01012,0100$64.86$2.91
Jul 20252,3092,30912,72412,7240$68.39$3.20
Jun 20252,5702,57011,92211,9220$68.17$3.02
May 20253,2253,22512,95012,9500$62.17$3.12
Apr 20253,2723,27212,57212,5720$63.54$3.42
Mar 20253,6683,66812,41912,4190$68.24$4.12
Feb 20253,3743,3749,3329,3320$71.53$4.19
Jan 20253,8123,81211,66211,6620$75.74$4.13
Dec 20244,0844,08410,73610,7360$70.12$3.01
Nov 20244,2754,2759,5399,5390$69.95$2.12
Oct 20244,6314,6316,4696,4690$71.99$2.20
Sep 20244,2134,2134,1264,1260$70.24$2.28
Aug 20244,4894,4893,1743,1740$76.68$1.99
Jul 20244,2474,2471,9971,9970$81.80$2.07
Jun 20243,7013,7015515510$79.77$2.54
May 20241,7171,7171081080$80.02$2.12
Apr 20242,6122,612000$85.35$1.60
Mar 20241,3221,322000$81.28$1.49
Feb 20241118180$77.25$1.72
Jan 20242922928798790$74.15$3.18
Dec 20233,0613,06118,06018,0600$71.90$2.52
Nov 20232,7422,74210,77910,7790$77.69$2.71
Oct 20232,4902,49014,85514,8550$85.64$2.98
Sep 20234,2054,20511,63011,6300$89.43$2.64
Aug 20234,8924,89616,87816,8780$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

RP Operating, L.L.C. in Reagan County

All RP Operating, L.L.C. leases →

Spraberry (Trend Area) field

All leases in this field →

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