Texas oil lease
No report in 6+ monthsPRIEST STATE UNIT
Priest State Unit is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.
4 wells
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- RRC lease
- 08-62794
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 763,866 mcf
- Oil in Dec 2025
- 0 bbl
Production by month
Oil output fell 100% since Jan 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Jul 2025 the lease's gas goes to a processing plant instead of a transmission line
Flaring peaked at 7.6% of the gas in Jan 2025.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
81% · 617,670 mcf
Processing plant (3)
17% · 133,016 mcf
Flared (4)
1.7% · 13,180 mcf
1.7% of the gas flared in the 8 months reported. One month above 3%.
4 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-41369 | 133H | Active |
| 42-389-41370 | 233H | Active |
| 42-389-41371 | 333H | Active |
| 42-389-41372 | 334H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 50 | Nov 10, 2024 |
| Plains Pipeline L.p. | Oil | Gathers | 50 | Nov 10, 2024 |
| Kinetik Holdings LP | Casinghead gas | Buys | 100 | Nov 10, 2024 |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | Nov 10, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
655.09 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-41371 | 333H | Oct 20, 2025 | Oct 30, 2024 | 655.09 |
| 42-389-41370 | 233H | Oct 9, 2025 | Nov 10, 2024 | 655.09 |
| 42-389-41372 | 334H | Oct 9, 2025 | Nov 14, 2024 | 655.09 |
| 42-389-41369 | 133H | Sep 11, 2024 | Oct 29, 2024 | 655.09 |
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 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
12 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Dec 2025 | 0 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025 | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025 | 0 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025 | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025 | 17,055 | 17,189 | 64,202 | 62,841 | 1,361 | $64.86 | $2.91 |
| Jul 2025 | 16,238 | 16,313 | 71,184 | 70,175 | 1,009 | $68.39 | $3.20 |
| Jun 2025 | 17,282 | 17,287 | 80,364 | 80,364 | 0 | $68.17 | $3.02 |
| May 2025 | 21,342 | 21,342 | 95,556 | 95,556 | 0 | $62.17 | $3.12 |
| Apr 2025 | 18,801 | 18,838 | 85,298 | 85,298 | 0 | $63.54 | $3.42 |
| Mar 2025 | 23,430 | 23,477 | 109,758 | 109,758 | 0 | $68.24 | $4.12 |
| Feb 2025 | 29,640 | 29,577 | 115,652 | 115,652 | 0 | $71.53 | $4.19 |
| Jan 2025 | 36,368 | 36,133 | 141,852 | 131,042 | 10,810 | $75.74 | $4.13 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reeves County
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Leases within 10 km
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