Texas oil lease
ProducingPECOS 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
- Operator
- Noble Energy Inc
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-54116
Is your check right?
Where it sits
This 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
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)
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
| API number | Well no. | Status |
|---|---|---|
| 42-389-38603 | 2H | Active |
| 42-389-38606 | 4H | Active |
| 42-389-38607 | 6H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Eastex Crude Company, LLC | Oil | Gathers | 20 | Oct 1, 2024 | – |
| Etp Crude LLC | Oil | Gathers | 20 | Oct 1, 2024 | – |
| Noble Energy INC | Oil | Gathers | 20 | Oct 1, 2024 | – |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 20 | Oct 1, 2024 | – |
| Plains Marketing, L.p. | Oil | Gathers | 20 | Oct 1, 2024 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Oct 1, 2023 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 50 | Mar 2, 2020 | – |
| Noble Energy INC | Casinghead gas | Gathers | 50 | Jan 1, 2023 | – |
| Noble Energy INC | Oil | Gathers | 100 | Jan 1, 2023 | Oct 1, 2024 |
| Etc Texas P/L, LTD | Casinghead gas | Buys | 100 | Mar 2, 2020 | Oct 1, 2023 |
| Noble Midstream Services, LLC | Casinghead gas | Gathers | 50 | Mar 2, 2020 | Jan 1, 2023 |
| Noble Midstream Services, LLC | Oil | Gathers | 100 | Mar 2, 2020 | Jan 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-38606 | 4H | Sep 24, 2019 | Mar 2, 2020 | 640.96 |
| 42-389-38603 | 2H | Sep 23, 2019 | Mar 2, 2020 | 640.96 |
| 42-389-38607 | 6H | Sep 23, 2019 | Mar 2, 2020 | 640.96 |
What Chevron Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $99.38 | $7.84 | $27.00 | SEC filing |
| Q2 2026 | $95.66 | $0.91 | $21.56 | SEC filing |
| Q1 2026 | $80.12 | $6.99 | $25.16 | SEC filing |
| Q1 2026 | $68.83 | $2.48 | $18.19 | SEC filing |
| Q4 2025 | – | $6.97 | – | SEC filing |
| Q4 2025 | – | $2.21 | – | SEC filing |
SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 3,561 | 3,561 | 13,051 | 12,211 | 100 | $80.46 | $2.89 |
| Jun 2026 | 3,165 | 3,165 | 13,124 | 12,345 | 96 | $84.81 | $3.15 |
| May 2026 | 1,832 | 1,832 | 9,916 | 9,465 | 49 | $102.13 | $2.94 |
| Apr 2026 | 3,264 | 3,264 | 21,842 | 20,742 | 182 | $100.32 | $2.77 |
| Mar 2026 | 3,491 | 3,491 | 15,032 | 14,033 | 220 | $91.38 | $3.04 |
| Feb 2026 | 2,989 | 2,989 | 13,436 | 12,856 | 52 | $64.51 | $3.62 |
| Jan 2026 | 3,087 | 3,087 | 15,245 | 14,419 | 94 | $60.04 | $7.72 |
| Dec 2025 | 4,295 | 4,295 | 23,434 | 22,201 | 150 | $57.97 | $4.26 |
| Nov 2025 | 1,020 | 1,020 | 5,396 | 5,110 | 38 | $60.06 | $3.79 |
| Oct 2025 | 3,155 | 3,155 | 22,344 | 20,927 | 79 | $60.89 | $3.19 |
| Sep 2025 | 4,243 | 4,243 | 28,542 | 26,510 | 478 | $63.96 | $2.97 |
| Aug 2025 | 4,885 | 4,885 | 28,999 | 26,501 | 836 | $64.86 | $2.91 |
| Jul 2025 | 4,429 | 4,429 | 29,196 | 26,855 | 602 | $68.39 | $3.20 |
| Jun 2025 | 4,279 | 4,279 | 30,505 | 28,012 | 701 | $68.17 | $3.02 |
| May 2025 | 5,103 | 5,103 | 32,441 | 29,907 | 836 | $62.17 | $3.12 |
| Apr 2025 | 5,151 | 5,151 | 30,214 | 27,913 | 506 | $63.54 | $3.42 |
| Mar 2025 | 5,513 | 5,513 | 32,032 | 29,254 | 725 | $68.24 | $4.12 |
| Feb 2025 | 5,515 | 5,515 | 30,803 | 28,163 | 697 | $71.53 | $4.19 |
| Jan 2025 | 5,926 | 5,926 | 36,806 | 33,619 | 751 | $75.74 | $4.13 |
| Dec 2024 | 5,377 | 5,377 | 33,330 | 30,627 | 669 | $70.12 | $3.01 |
| Nov 2024 | 3,821 | 3,821 | 27,539 | 25,599 | 644 | $69.95 | $2.12 |
| Oct 2024 | 6,545 | 6,545 | 41,040 | 38,131 | 1,076 | $71.99 | $2.20 |
| Sep 2024 | 5,942 | 5,942 | 44,509 | 41,663 | 770 | $70.24 | $2.28 |
| Aug 2024 | 6,678 | 6,678 | 41,439 | 38,214 | 1,084 | $76.68 | $1.99 |
| Jul 2024 | 6,497 | 6,497 | 51,029 | 47,185 | 1,112 | $81.80 | $2.07 |
| Jun 2024 | 5,416 | 5,416 | 42,240 | 38,903 | 1,155 | $79.77 | $2.54 |
| May 2024 | 6,827 | 6,827 | 47,675 | 43,713 | 1,375 | $80.02 | $2.12 |
| Apr 2024 | 7,671 | 7,671 | 48,347 | 44,173 | 1,543 | $85.35 | $1.60 |
| Mar 2024 | 7,755 | 7,755 | 55,666 | 51,523 | 1,284 | $81.28 | $1.49 |
| Feb 2024 | 5,181 | 5,181 | 39,639 | 37,245 | 663 | $77.25 | $1.72 |
| Jan 2024 | 5,109 | 5,109 | 45,174 | 42,105 | 1,004 | $74.15 | $3.18 |
| Dec 2023 | 7,112 | 7,112 | 60,451 | 56,681 | 531 | $71.90 | $2.52 |
| Nov 2023 | 7,484 | 7,484 | 72,071 | 66,879 | 1,962 | $77.69 | $2.71 |
| Oct 2023 | 10,242 | 10,242 | 78,474 | 73,367 | 1,558 | $85.64 | $2.98 |
| Sep 2023 | 10,248 | 10,248 | 75,055 | 69,591 | 1,597 | $89.43 | $2.64 |
| Aug 2023 | 10,638 | 10,638 | 74,288 | 68,757 | 1,648 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Noble Energy Inc in Reeves County
- CHARLES GOODNIGHT 266-265 UNIT A
44,883 bbl
- PECOS BILL STATE 204-203 UNIT B
39,249 bbl
- WILD BILL HICKOK 205-206 UNIT B
40,678 bbl
- WILD BILL HICKOK 205-206 UNIT A
42,064 bbl
- SKY KING 47-36 UNIT B
37,944 bbl
- CHARLES GOODNIGHT 266-265 UNIT C
37,210 bbl
- RAGAN SMITH STATE 36-37 UNIT A
39,655 bbl
- REV RED AMAZON T8-51-19 B
44,432 bbl
- BLACK JACK 16
40,847 bbl
- JALAPENO STATE 216-215 UNIT B
38,985 bbl
Phantom (Wolfcamp) field
- CONSTRICTOR 53-35 T
237,582 mcf
- LINK VJ RANCH 24-13 M
367,946 mcf
- QUINN 37-36-29I
45,394 bbl
- BUCKSKIN STATE 1003 2U
301,704 mcf
- CASHMERE 29-0-15-10 D
43,405 bbl
- BROOKE 184-185 UNIT
349,925 mcf
- SILVERTIP C 76-8-5 D
43,000 bbl
- SENTINEL STATE 55-28 UNIT
453,373 mcf
- STATE OREDIGGER UNIT
373,240 mcf
- BOWFIN STATE 57-1-48 UNIT
214,994 mcf
Leases within 10 km
- WILD BILL HICKOK 205-206 UNIT A
42,064 bbl · 0.2 km
- PERRY STATE 204
0 bbl · 0.4 km
- WILD BILL HICKOK 205-206 UNIT B
40,678 bbl · 0.4 km
- WILD BILL HICKOK 205
0 bbl · 0.6 km
- CWEI-CHK "199-13"
0 bbl · 0.6 km
- PECOS BILL STATE 204-203 UNIT B
39,249 bbl · 0.7 km
- LULU PARR STATE 199-200 UNIT B-3
15,815 bbl · 0.8 km
- LULU PARR STATE 199-200 UNIT B-2
13,336 bbl · 0.8 km
- WILD BILL HICKOK 205 'A'
0 bbl · 0.8 km
- LULU PARR STATE 199-200 UNIT B-1
15,564 bbl · 1.1 km
Drilling permits within 10 km
BLACK COBRA 1-2 UNIT A #7H
new drill · horizontal · Perun Energy LLC · Reeves County · 8.3 km
Permit 0918018 · Aug 21, 2026
BLACK COBRA 1-2 UNIT B #5H
new drill · horizontal · Perun Energy LLC · Reeves County · 8.3 km
Permit 0918007 · Aug 21, 2026
BLACK COBRA 1-2 UNIT B #6H
new drill · horizontal · Perun Energy LLC · Reeves County · 8.3 km
Permit 0918009 · Aug 21, 2026
LOCH NESS STATE E #5H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 7.2 km
Permit 0917513 · Aug 5, 2026
LOCH NESS STATE C #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 6.6 km
Permit 0917506 · Aug 5, 2026