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Producing

PEPPADEW STATE 243-244 UNIT A-1

Peppadew State 243-244 Unit A-1 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Hoefs T-K (Wolfcamp) field.

1 well

12,838bbl oil, last 12 months−26% vs prior year
RRC lease
08-51155

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
21,192 mcf
Oil in Jul 2026
977 bbl

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for PEPPADEW STATE 243-244 UNIT A-1, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 12,838 bbl in the 12 months through Jul 2026, against 17,462 bbl in the 12 months before.Last 12 months: 12,838 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for PEPPADEW STATE 243-244 UNIT A-1, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 12,838 bbl in the 12 months through Jul 2026, against 17,462 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.0% of the gas in Jun 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a processing plant in the last 12 monthsShare of PEPPADEW STATE 243-244 UNIT A-1 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.0% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of PEPPADEW STATE 243-244 UNIT A-1 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.0% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 4.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 33,229 mcf

  • Lease fuel (1)

    4.0% · 1,443 mcf

  • Transmission line (2)

    1.8% · 655 mcf

  • Flared (4)

    1.7% · 613 mcf

1.7% of the gas flared in the last 12 months. 4 months above 3%.

1 well on this lease

Wells on PEPPADEW STATE 243-244 UNIT A-1
API numberWell no.Status
42-389-3696511HLActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers25Oct 1, 2024–
Et Gathering & Processing LLCOilGathers25Oct 1, 2024–
Noble Energy INCOilGathers25Oct 1, 2024–
Plains Marketing, L.p.OilGathers25Oct 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Oct 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys50Oct 1, 2024–
Noble Energy INCCasinghead gasGathers100Oct 1, 2024–
Energy Transfer CompanyCasinghead gasGathers50Aug 9, 2018Oct 1, 2024
Noble Energy INCCasinghead gasGathers50Jan 1, 2023Oct 1, 2024
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023Oct 1, 2024
Noble Energy INCOilGathers50Jan 1, 2023Oct 1, 2024
Plains Marketing, L.p.OilGathers50Jan 1, 2023Oct 1, 2024
Etc Texas P/L, LTDCasinghead gasBuys100Aug 9, 2018Oct 1, 2023

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

920 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives 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 Peppadew State 243-244 Unit A-1
API numberWell no.Acreson the permit
42-389-3696511HL920

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 PEPPADEW STATE 243-244 UNIT A-1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269779772,2602,1062$80.46$2.89
Jun 20267337331,3531,3027$84.81$3.15
May 20261,1891,1892,5652,45511$102.13$2.94
Apr 20262,4242,4243,9673,8220$100.32$2.77
Mar 20261,7701,7701,8561,8080$91.38$3.04
Feb 202600000$64.51$3.62
Jan 20269129121,5971,5233$60.04$7.72
Dec 20253,6493,6494,3774,12159$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 20251,1841,1843,2172,982100$64.86$2.91
Jul 20252,9722,9726,8516,421167$68.39$3.20
Jun 20253,8083,8085,4845,078217$68.17$3.02
May 20251,4171,4171,2831,19042$62.17$3.12
Apr 202500000$63.54$3.42
Mar 20251,5361,5361,1301,0765$68.24$4.12
Feb 20259529521,6691,55932$71.53$4.19
Jan 20252,3172,3172,8582,67051$75.74$4.13
Dec 20241,7101,7101,8951,75035$70.12$3.01
Nov 202473673681871815$69.95$2.12
Oct 20241,4341,4341,5091,32331$71.99$2.20
Sep 20241711711541393$70.24$2.28
Aug 20244094094173788$76.68$1.99
Jul 202454054058153711$81.80$2.07
Jun 202478078086879917$79.77$2.54
May 20241,3941,3941,8651,70720$80.02$2.12
Apr 20241,2431,2431,1291,1117$85.35$1.60
Mar 20241,1031,1031,2421,17028$81.28$1.49
Feb 20241,2991,2991,5371,46219$77.25$1.72
Jan 20241,4581,4582,1442,0599$74.15$3.18
Dec 20231,3041,3041,6131,53817$71.90$2.52
Nov 20236956958698326$77.69$2.71
Oct 20231,8031,8032,8382,71720$85.64$2.98
Sep 20231,6661,6661,6611,57825$89.43$2.64
Aug 20237197191,2791,18946$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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Nearby

Hoefs T-K (Wolfcamp) field

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