Texas oil lease
ProducingPERKINS 2-1S
Perkins 2-1S is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-53506
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 106,110 mcf
- Oil in Jul 2026
- 1,296 bbl
Production by month
Oil output fell 34% 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
99% of the gas went to a processing plant in the last 12 months
Flaring peaked at 7.4% of the gas in Jan 2025.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
99% · 105,183 mcf
Flared (4)
0.9% · 927 mcf
0.9% of the gas flared in the last 12 months. One month above 3%.
Who has run this lease
The operator changed 2 times, most recently in Mar 2023
- Permian Resources Operating, LLC Mar 2023 to now
- Colgate Operating, LLC Sep 2021 to Feb 2023
- OXY USA Inc. Jan 2020 to Aug 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-38296 | 31H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Pilot Travel Centers LLC | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Plains Pipeline L.p. | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Shell Trading (Us) Company | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Jan 1, 2022 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Oct 16, 2019 | – |
| Occidental Energy Marketing,inc. | Casinghead gas | Buys | 100 | Oct 16, 2019 | Jan 1, 2022 |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 100 | Oct 16, 2019 | Jan 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
600 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-38296 | 31H | Apr 17, 2019 | Oct 16, 2019 | 600 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 1,296 | 1,294 | 8,498 | 8,444 | 54 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,191 | 1,188 | 7,817 | 7,631 | 186 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,236 | 1,236 | 9,160 | 9,160 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,171 | 1,202 | 8,393 | 8,382 | 11 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,169 | 1,142 | 8,615 | 8,446 | 169 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,144 | 1,146 | 8,267 | 8,267 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,263 | 1,259 | 8,693 | 8,441 | 252 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,416 | 1,419 | 8,763 | 8,763 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,696 | 1,698 | 9,763 | 9,742 | 21 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,500 | 1,497 | 9,470 | 9,470 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,566 | 1,574 | 9,191 | 9,158 | 33 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,732 | 1,722 | 9,480 | 9,279 | 201 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,958 | 1,973 | 10,238 | 10,093 | 145 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 2,552 | 2,545 | 11,976 | 11,976 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 2,410 | 2,386 | 11,593 | 11,593 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 0 | 25 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 2,306 | 2,302 | 9,511 | 9,511 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 2,097 | 2,092 | 5,476 | 5,476 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 2,450 | 2,489 | 6,710 | 6,212 | 498 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 2,552 | 2,568 | 10,173 | 10,005 | 168 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 2,372 | 2,352 | 9,734 | 9,734 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 2,154 | 2,204 | 10,125 | 10,125 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 1,897 | 1,852 | 9,390 | 9,390 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 2,130 | 2,118 | 9,595 | 9,595 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 1,992 | 1,981 | 9,320 | 9,292 | 28 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 1,746 | 1,759 | 9,101 | 9,101 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 2,224 | 2,249 | 9,563 | 9,563 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 2,321 | 2,331 | 9,231 | 9,231 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 2,459 | 2,422 | 9,522 | 9,522 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 2,168 | 2,170 | 6,702 | 6,702 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 3,053 | 3,045 | 8,941 | 8,941 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 3,116 | 3,123 | 10,585 | 10,585 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 3,571 | 3,580 | 12,491 | 12,233 | 258 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 3,281 | 3,247 | 14,638 | 14,638 | 0 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 1,136 | 1,144 | 66 | 66 | 0 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 2,653 | 2,670 | 12,997 | 12,997 | 0 | $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
Permian Resources Operating, LLC in Reeves County
- WEINERT STATE 34-39-6S
18,972 bbl
- STEPHENS C
20,133 bbl
- ORPHEUM 11-14-2N
18,854 bbl
- THORNY ROSE A4
14,303 bbl
- BODACIOUS C7-19 B
19,039 bbl
- ADMIRAL 4-48 47
83,740 mcf
- STATE PECK 258-257-3N
18,376 bbl
- STATE SARAH LINK 3-2-9W
17,234 bbl
- TIN STAR A
110,206 mcf
- PERKINS 2-4S
102,802 mcf
Phantom (Wolfcamp) field
- SILVERTIP C 76-8-5 A
17,833 bbl
- UL 19 STONEFLY A
19,272 bbl
- AVIATOR STATE
47,217 mcf
- WHIRLAWAY 99
20,326 bbl
- TROLL 57-3-9
170,086 mcf
- LANGLEY 2-36
19,266 bbl
- GRIZZLY B
198,118 mcf
- ARENA A1
19,105 bbl
- HAWKS 55-1-28 UNIT
44,648 mcf
- KATE 33-40
144,801 mcf
Leases within 10 km
- PERKINS 2-2S
0 bbl · 0 km
- PERKINS -F-
21,490 bbl · 0.2 km
- WORSHAM -42-
214,071 bbl · 0.3 km
- SHELL
74,604 bbl · 0.3 km
- PERKINS 2-3S
0 bbl · 0.4 km
- PERKINS 2-4S
0 bbl · 0.4 km
- BLACKWELL
0 bbl · 0.4 km
- LAYDEN -A
0 bbl · 0.6 km
- MATTHEWS CAMP -A-
2,636 bbl · 0.8 km
- CARSON STATE
0 bbl · 1.1 km
Drilling permits within 10 km
JAKE 201-200 UNIT #223HR
new drill · horizontal · Permian Resources Operating, LLC · Ward County · 5.6 km
Permit 0916576 · Jun 22, 2026
DAVIS 201-200-199 UNIT #222HR
new drill · horizontal · Permian Resources Operating, LLC · Ward County · 5.6 km
Permit 0916575 · Jun 22, 2026
J. F. PATTEE ET AL UNIT #5R
new drill · Jetta Operating Company, Inc. · Ward County · 4.4 km
Permit 0916323 · Jun 9, 2026
JAKE 201-200 UNIT #223H
new drill · horizontal · Permian Resources Operating, LLC · Ward County · 5.6 km
Permit 0915115 · May 7, 2026
JIM ED UNIT #4
new drill · Jetta Operating Company, Inc. · Ward County · 7.6 km
Permit 0914749 · May 6, 2026