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Texas oil lease

Producing

PEARL JAM

Pearl Jam is an oil lease in Midland County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

29 wells

87,555bbl oil, last 12 months−47% vs prior year
Operator
Permian Resources Operating, LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-40265

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
883,988 mcf
Oil in Jul 2026
10,311 bbl

Production by month

Oil output fell 47% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for PEARL JAM, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 87,555 bbl in the 12 months through Jul 2026, against 164,048 bbl in the 12 months before.Last 12 months: 87,555 bblbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for PEARL JAM, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 87,555 bbl in the 12 months through Jul 2026, against 164,048 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 7.3% of the gas in Mar 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PEARL JAM gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 7.3% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 7.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PEARL JAM gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 7.3% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 7.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    82% · 720,588 mcf

  • Lease fuel (1)

    16% · 139,176 mcf

  • Flared (4)

    2.7% · 24,224 mcf

2.7% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Nov 2023

Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Apr 2021Changed Nov 2023Independence Resources Mgmt,…Jan 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Apr 2021Changed Nov 2023Independence Resources Mgmt, LLCJan 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

29 wells on this lease

Wells on PEARL JAM
API numberWell no.Status
42-329-360622401Shut-in
42-329-367482402Active
42-329-372442403Shut-in
42-329-378562405Active
42-329-378602404DActive
42-329-379822407 DActive
42-329-379962408DShut-in
42-329-380812409DShut-in
42-329-380822406DActive
42-329-382422410DShut-in
42-329-382442411DActive
42-329-386612412DActive
42-329-387962417HActive
42-329-4270113WAActive
42-329-4270214LSActive
42-329-4270315WAActive
42-329-4270415LSActive
42-329-4270513LSActive
42-329-4270615MSActive
42-329-432687LSActive
42-329-432698LSActive
42-329-432709LSActive
42-329-4327110LSActive
42-329-4327211LSActive
42-329-4327312LSActive
42-329-434542AActive
42-329-434561LSActive
42-329-434574AActive
42-329-434583LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Buckhead Midstream, LLCOilGathers50Oct 1, 2022–
Plains Marketing, L.p.OilGathers50Oct 1, 2022–
Enlink Gas Marketing, LPCasinghead gasBuys100Mar 1, 2021–
Enlink Permian, LLCCasinghead gasGathers100Mar 1, 2021–
Dorado Oil CompanyOilGathers10Mar 1, 2021Oct 1, 2022
Plains Marketing, L.p.OilGathers5Mar 1, 2021Oct 1, 2022
Plains Pipeline L.p.OilGathers85Mar 1, 2021Oct 1, 2022
Plains Marketing, L.p.OilGathers100Mar 1, 2017Mar 1, 2021

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

Who buys my oilOil price check

653.20 acres on the newest permit

29 wells are listed on this lease

Permits for Pearl Jam
API numberWell no.Acreson the permit
42-329-434542A653.20
42-329-434561LS653.20
42-329-434574A653.20
42-329-434583LS653.20
42-329-432687LS653.20
42-329-432698LS653.20
42-329-432709LS653.20
42-329-4327110LS653.20
42-329-4327211LS653.20
42-329-4327312LS653.20
42-329-4270113WA653.62
42-329-4270214LS653.62

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

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What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for PEARL JAM
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources10,31110,31282,18469,591228$80.46$2.89
Jun 2026Permian Resources6,8166,72959,71247,721299$84.81$3.15
May 2026Permian Resources5,2005,22133,05324,9541,023$102.13$2.94
Apr 2026Permian Resources6,1936,57464,60050,8581,594$100.32$2.77
Mar 2026Permian Resources5,5575,23471,94454,6025,229$91.38$3.04
Feb 2026Permian Resources4,3824,40854,85541,8351,912$64.51$3.62
Jan 2026Permian Resources7,5427,59076,65063,4351,401$60.04$7.72
Dec 2025Permian Resources8,2638,55389,66976,556873$57.97$4.26
Nov 2025Permian Resources7,3446,83882,06865,3494,801$60.06$3.79
Oct 2025Permian Resources8,1068,08087,37572,4122,580$60.89$3.19
Sep 2025Permian Resources9,1039,40893,66179,9161,743$63.96$2.97
Aug 2025Permian Resources8,7388,47288,21773,3592,541$64.86$2.91
Jul 2025Permian Resources9,6989,90689,05975,4781,298$68.39$3.20
Jun 2025Permian Resources10,77510,59791,37278,0161,356$68.17$3.02
May 2025Permian Resources11,94811,95388,47276,507232$62.17$3.12
Apr 2025Permian Resources12,51012,33593,07081,4950$63.54$3.42
Mar 2025Permian Resources14,97515,287103,59591,2620$68.24$4.12
Feb 2025Permian Resources11,76712,26574,89569,5450$71.53$4.19
Jan 2025Permian Resources12,84612,23164,94358,7760$75.74$4.13
Dec 2024Permian Resources14,85714,88993,52787,3270$70.12$3.01
Nov 2024Permian Resources14,98114,90893,82888,9950$69.95$2.12
Oct 2024Permian Resources15,78015,779106,809101,0840$71.99$2.20
Sep 2024Permian Resources15,98616,237104,01198,2110$70.24$2.28
Aug 2024Permian Resources17,92517,957115,206105,9040$76.68$1.99
Jul 2024Permian Resources17,19917,15798,56998,5690$81.80$2.07
Jun 2024Permian Resources16,84216,64094,86992,4400$79.77$2.54
May 2024Permian Resources18,85418,921101,732100,3790$80.02$2.12
Apr 2024Permian Resources18,77118,90294,89094,4550$85.35$1.60
Mar 2024Permian Resources18,89018,84886,33282,1870$81.28$1.49
Feb 2024Permian Resources19,74119,89586,62185,4660$77.25$1.72
Jan 2024Permian Resources18,75718,71483,50980,4390$74.15$3.18
Dec 2023Permian Resources20,36620,88690,40586,5760$71.90$2.52
Nov 2023Permian Resources19,19919,32685,84581,6200$77.69$2.71
Oct 2023Earthstone Operating,20,63720,566106,57299,6610$85.64$2.98
Sep 2023Earthstone Operating,23,50223,212108,704101,3600$89.43$2.64
Aug 2023Earthstone Operating,23,37723,230103,91196,1230$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area)CountyMidland County

Permian Resources Operating, LLC in Midland County

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