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Texas oil lease

Producing

PERSEPHONE 42/31 W

Persephone 42/31 W is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Parks (Consolidated) field.

1 well

31,249bbl oil, last 12 months−44% vs prior year
RRC lease
08-54426

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
86,010 mcf
Oil in Jul 2026
2,348 bbl

Production by month

Oil output fell 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for PERSEPHONE 42/31 W, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 31,249 bbl in the 12 months through Jul 2026, against 55,486 bbl in the 12 months before.Last 12 months: 31,249 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for PERSEPHONE 42/31 W, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 31,249 bbl in the 12 months through Jul 2026, against 55,486 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of PERSEPHONE 42/31 W gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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
96% of the gas went to a processing plant in the last 12 monthsShare of PERSEPHONE 42/31 W gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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.

  • Processing plant (3)

    96% · 94,286 mcf

  • Other (5 to 8)

    3.4% · 3,299 mcf

  • Transmission line (2)

    0.3% · 326 mcf

  • Flared (4)

    0.3% · 250 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on PERSEPHONE 42/31 W
API numberWell no.Status
42-329-435320132LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Texon L.p.OilGathers34Jun 1, 2024–
Enterprise Crude Oil LLCOilGathers33Jun 1, 2024–
Enterprise Crude Pipeline LLCOilGathers33Jun 1, 2024–
Chevron U. S. A. Inc.Casinghead gasBuys100Jun 1, 2024–
Chevron U. S. A. Inc.Casinghead gasGathers100Jan 9, 2020–
Chevron U. S. A. Inc.Casinghead gasBuys100Jan 9, 2020Jun 1, 2024
Enterprise Crude Oil LLCOilGathers50Jan 9, 2020Jun 1, 2024
Enterprise Crude Pipeline LLCOilGathers50Jan 9, 2020Jun 1, 2024

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

6,536.40 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 Persephone 42/31 W
API numberWell no.Acreson the permit
42-329-435320132LS6,536.40

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Chevron Corporation told investors it received

Chevron U. S. A. 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 PERSEPHONE 42/31 W
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,3482,3405,2374,72411$80.46$2.89
Jun 20262,0442,0664,9474,42810$84.81$3.15
May 20261,9731,9442,4992,3165$102.13$2.94
Apr 20261,8131,8002,7862,3521$100.32$2.77
Mar 202687862462240$91.38$3.04
Feb 2026020000$64.51$3.62
Jan 20261,8491,8525,8695,42231$60.04$7.72
Dec 20253,7333,73113,14512,41533$57.97$4.26
Nov 20254,3624,37913,98013,52160$60.06$3.79
Oct 20254,2194,21413,90213,68673$60.89$3.19
Sep 20254,3074,30712,45812,4553$63.96$2.97
Aug 20254,5144,52110,94110,92714$64.86$2.91
Jul 20254,9684,97412,15112,1429$68.39$3.20
Jun 20254,2634,2639,8689,8626$68.17$3.02
May 20254,4254,41111,05711,04710$62.17$3.12
Apr 20254,3994,4139,1059,08619$63.54$3.42
Mar 20254,3544,3689,2289,2235$68.24$4.12
Feb 20254,0374,0127,7937,7894$71.53$4.19
Jan 20254,8274,82610,59510,58312$75.74$4.13
Dec 20244,7204,7378,5478,52522$70.12$3.01
Nov 20245,2915,2916,6606,5145$69.95$2.12
Oct 20245,1865,1816,7576,7552$71.99$2.20
Sep 20244,2934,2865,5245,5213$70.24$2.28
Aug 20244,7234,7085,2475,2372$76.68$1.99
Jul 20244,7464,7624,5814,4845$81.80$2.07
Jun 20243,9323,9162,5092,4331$79.77$2.54
May 20243,9993,9841,7461,6903$80.02$2.12
Apr 202488090863620$85.35$1.60
Mar 20242,9062,91410,26310,0366$81.28$1.49
Feb 20245,1765,17314,82514,62341$77.25$1.72
Jan 20244,9794,97316,13115,668127$74.15$3.18
Dec 20235,3685,37215,81515,37575$71.90$2.52
Nov 20235,8005,83217,52617,03492$77.69$2.71
Oct 20236,1956,15717,38516,72697$85.64$2.98
Sep 20235,8895,90716,18415,52744$89.43$2.64
Aug 20236,0496,03618,37517,65056$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

Parks (Consolidated) field

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