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Texas oil lease

Producing

PERRY STATE 40

Perry State 40 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

4 wells

1,304bbl oil, last 12 months−11% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-40368

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
771 mcf
Oil in Jul 2026
71 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Mar 31, 2026.

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

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Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for PERRY STATE 40, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 1,304 bbl in the 12 months through Jul 2026, against 1,472 bbl in the 12 months before.Last 12 months: 1,304 bblbbl per monthmcf per month002502005004007506001,0008001,2501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for PERRY STATE 40, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 1,304 bbl in the 12 months through Jul 2026, against 1,472 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502005004007506001,0008001,2501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of PERRY STATE 40 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of PERRY STATE 40 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 686 mcf

  • Processing plant (3)

    11% · 85 mcf

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating,…Nov 2024 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on PERRY STATE 40
API numberWell no.Status
42-389-326291Active
42-389-326302Active
42-389-326663Shut-in
42-389-326694Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Mar 31, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasGathers100Mar 31, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Mar 31, 2026
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Mar 31, 2026
Bridger Transportation, LLCOilGathers25Jun 1, 2018Mar 31, 2026
Concord Crude Oil Marketing LLCOilGathers50Jun 1, 2018Mar 31, 2026
Plains Marketing, L.p.OilGathers25Jun 1, 2018Mar 31, 2026

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

Who buys my oilOil price check

641.05 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 640 and 641.05 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Perry State 40
API numberWell no.Acreson the permit
42-389-326694641.05
42-389-326663641.05
42-389-326291640
42-389-326302640

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

Unit decimal checker

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

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

Estimate your royalty

36 months, newest first

Ledger for PERRY STATE 40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources71596960$80.46$2.89
Jun 2026Permian Resources80141410$84.81$3.15
May 2026Permian Resources62177440$102.13$2.94
Apr 2026Permian Resources10111131130$100.32$2.77
Mar 2026Permian Resources1161881501500$91.38$3.04
Feb 2026Permian Resources512101181180$64.51$3.62
Jan 2026Permian Resources1091484840$60.04$7.72
Dec 2025Permian Resources1335245450$57.97$4.26
Nov 2025Permian Resources19321035350$60.06$3.79
Oct 2025Permian Resources105226990$60.89$3.19
Sep 2025Permian Resources1791223230$63.96$2.97
Aug 2025Permian Resources10420453530$64.86$2.91
Jul 2025Permian Resources702110$68.39$3.20
Jun 2025Permian Resources12518332320$68.17$3.02
May 2025Permian Resources1781881411410$62.17$3.12
Apr 2025Permian Resources70047470$63.54$3.42
Mar 2025Permian Resources7935930300$68.24$4.12
Feb 2025Permian Resources265017170$71.53$4.19
Jan 2025Permian Resources00000$75.74$4.13
Dec 2024Permian Resources00000$70.12$3.01
Nov 2024Permian Resources99396000$69.95$2.12
Oct 2024OXY USA2001772462460$71.99$2.20
Sep 2024OXY USA5601371352$70.24$2.28
Aug 2024OXY USA3303473193190$76.68$1.99
Jul 2024OXY USA4193492602600$81.80$2.07
Jun 2024OXY USA2213532002000$79.77$2.54
May 2024OXY USA3813564334330$80.02$2.12
Apr 2024OXY USA4403534434412$85.35$1.60
Mar 2024OXY USA1170000$81.28$1.49
Feb 2024OXY USA140000$77.25$1.72
Jan 2024OXY USA112176000$74.15$3.18
Dec 2023OXY USA130175990$71.90$2.52
Nov 2023OXY USA112057570$77.69$2.71
Oct 2023OXY USA226371660$85.64$2.98
Sep 2023OXY USA1,0521,2896026020$89.43$2.64
Aug 2023OXY USA5543594454450$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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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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