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Texas oil lease

Producing

PENN, R. C.

Penn, R. C. is an oil lease in Midland County, Texas, operated by Platform Operating, LLC in the Parks (Consolidated) field.

1 well

787bbl oil, last 12 months+19% vs prior year
Operator
Platform Operating, LLC
County
Midland County
Field
Parks (Consolidated)
RRC lease
08-44664

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
5,085 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 3 months of state data (through Jul 2026).

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

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Production by month

Oil output rose 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 19% over the last 12 monthsMonthly oil production and gas for PENN, R. C., Aug 2023 to Jul 2026. Oil output rose 19% over the last 12 months. 787 bbl in the 12 months through Jul 2026, against 664 bbl in the 12 months before.Last 12 months: 787 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 19% over the last 12 monthsMonthly oil production and gas for PENN, R. C., Aug 2023 to Jul 2026. Oil output rose 19% over the last 12 months. 787 bbl in the 12 months through Jul 2026, against 664 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050200100400150600200800Jan 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 PENN, R. C. 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 PENN, R. C. 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 PENN, R. C.
API numberWell no.Status
42-329-376061Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Mar 1, 2014
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

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160 acres on the newest permit

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Permits for Penn, R. C.
API numberWell no.Acreson the permit
42-329-376061160

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

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36 months, newest first

Ledger for PENN, R. C.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20260076760$80.46$2.89
Jun 2026002472470$84.81$3.15
May 20265004294290$102.13$2.94
Apr 2026751694214210$100.32$2.77
Mar 20269404584580$91.38$3.04
Feb 2026861692912910$64.51$3.62
Jan 20266105105100$60.04$7.72
Dec 2025731615125120$57.97$4.26
Nov 20258505255250$60.06$3.79
Oct 20257405345340$60.89$3.19
Sep 20251071785235230$63.96$2.97
Aug 20258205595590$64.86$2.91
Jul 2025741655085080$68.39$3.20
Jun 20251091664654650$68.17$3.02
May 202510104264260$62.17$3.12
Apr 20251061662742740$63.54$3.42
Mar 20254102702700$68.24$4.12
Feb 20251181673033030$71.53$4.19
Jan 20252030300$75.74$4.13
Dec 202400330$70.12$3.01
Nov 202400440$69.95$2.12
Oct 2024001641640$71.99$2.20
Sep 20242203533530$70.24$2.28
Aug 2024911704814810$76.68$1.99
Jul 20241571793373370$81.80$2.07
Jun 2024680000$79.77$2.54
May 2024140000$80.02$2.12
Apr 2024152171000$85.35$1.60
Mar 202413618051510$81.28$1.49
Feb 20241540000$77.25$1.72
Jan 20241321712782780$74.15$3.18
Dec 2023831711851850$71.90$2.52
Nov 202355085850$77.69$2.71
Oct 20231481702472470$85.64$2.98
Sep 20236601571570$89.43$2.64
Aug 2023881671281280$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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This lease belongs to

OperatorPlatform Operating, LLCFieldParks (Consolidated)CountyMidland County

Platform Operating, LLC in Midland County

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Parks (Consolidated) field

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