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PECOS BILL STATE 204-203 UNIT A

Pecos Bill State 204-203 Unit A is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Phantom (Wolfcamp) field.

3 wells

38,987bbl oil, last 12 months−39% vs prior year
RRC lease
08-54116

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
210,361 mcf
Oil in Jul 2026
3,561 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for PECOS BILL STATE 204-203 UNIT A, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 38,987 bbl in the 12 months through Jul 2026, against 64,279 bbl in the 12 months before.Last 12 months: 38,987 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for PECOS BILL STATE 204-203 UNIT A, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 38,987 bbl in the 12 months through Jul 2026, against 64,279 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.2% of the gas in Apr 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a processing plant in the last 12 monthsShare of PECOS BILL STATE 204-203 UNIT A gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.2% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a processing plant in the last 12 monthsShare of PECOS BILL STATE 204-203 UNIT A gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.2% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 3.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 191,108 mcf

  • Lease fuel (1)

    5.1% · 10,667 mcf

  • Transmission line (2)

    3.0% · 6,212 mcf

  • Flared (4)

    1.1% · 2,374 mcf

1.1% of the gas flared in the last 12 months. One month above 3%.

3 wells on this lease

Wells on PECOS BILL STATE 204-203 UNIT A
API numberWell no.Status
42-389-386032HActive
42-389-386064HActive
42-389-386076HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers20Oct 1, 2024–
Etp Crude LLCOilGathers20Oct 1, 2024–
Noble Energy INCOilGathers20Oct 1, 2024–
Oryx Delaware Oil Transport LLCOilGathers20Oct 1, 2024–
Plains Marketing, L.p.OilGathers20Oct 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers50Mar 2, 2020–
Noble Energy INCCasinghead gasGathers50Jan 1, 2023–
Noble Energy INCOilGathers100Jan 1, 2023Oct 1, 2024
Etc Texas P/L, LTDCasinghead gasBuys100Mar 2, 2020Oct 1, 2023
Noble Midstream Services, LLCCasinghead gasGathers50Mar 2, 2020Jan 1, 2023
Noble Midstream Services, LLCOilGathers100Mar 2, 2020Jan 1, 2023

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

640.96 acres on the newest permit

  • 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 Pecos Bill State 204-203 Unit A
API numberWell no.Acreson the permit
42-389-386064H640.96
42-389-386032H640.96
42-389-386076H640.96

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

What Chevron Corporation told investors it received

Noble Energy Inc is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

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

Estimate your royalty

36 months, newest first

Ledger for PECOS BILL STATE 204-203 UNIT A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,5613,56113,05112,211100$80.46$2.89
Jun 20263,1653,16513,12412,34596$84.81$3.15
May 20261,8321,8329,9169,46549$102.13$2.94
Apr 20263,2643,26421,84220,742182$100.32$2.77
Mar 20263,4913,49115,03214,033220$91.38$3.04
Feb 20262,9892,98913,43612,85652$64.51$3.62
Jan 20263,0873,08715,24514,41994$60.04$7.72
Dec 20254,2954,29523,43422,201150$57.97$4.26
Nov 20251,0201,0205,3965,11038$60.06$3.79
Oct 20253,1553,15522,34420,92779$60.89$3.19
Sep 20254,2434,24328,54226,510478$63.96$2.97
Aug 20254,8854,88528,99926,501836$64.86$2.91
Jul 20254,4294,42929,19626,855602$68.39$3.20
Jun 20254,2794,27930,50528,012701$68.17$3.02
May 20255,1035,10332,44129,907836$62.17$3.12
Apr 20255,1515,15130,21427,913506$63.54$3.42
Mar 20255,5135,51332,03229,254725$68.24$4.12
Feb 20255,5155,51530,80328,163697$71.53$4.19
Jan 20255,9265,92636,80633,619751$75.74$4.13
Dec 20245,3775,37733,33030,627669$70.12$3.01
Nov 20243,8213,82127,53925,599644$69.95$2.12
Oct 20246,5456,54541,04038,1311,076$71.99$2.20
Sep 20245,9425,94244,50941,663770$70.24$2.28
Aug 20246,6786,67841,43938,2141,084$76.68$1.99
Jul 20246,4976,49751,02947,1851,112$81.80$2.07
Jun 20245,4165,41642,24038,9031,155$79.77$2.54
May 20246,8276,82747,67543,7131,375$80.02$2.12
Apr 20247,6717,67148,34744,1731,543$85.35$1.60
Mar 20247,7557,75555,66651,5231,284$81.28$1.49
Feb 20245,1815,18139,63937,245663$77.25$1.72
Jan 20245,1095,10945,17442,1051,004$74.15$3.18
Dec 20237,1127,11260,45156,681531$71.90$2.52
Nov 20237,4847,48472,07166,8791,962$77.69$2.71
Oct 202310,24210,24278,47473,3671,558$85.64$2.98
Sep 202310,24810,24875,05569,5911,597$89.43$2.64
Aug 202310,63810,63874,28868,7571,648$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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