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Texas oil lease

Producing

PRIEST STATE UNIT

Priest State Unit is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.

Oil lease dossier

114,448bbl oil, since Sep 2025
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-64022

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, since Sep 2025
591,379 mcf
Oil in Jul 2026
9,840 bbl

Production by month

Oil output fell 34% since Sep 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 34% since Sep 2025Monthly oil production and gas for PRIEST STATE UNIT, Sep 2025 to Jul 2026. Oil output fell 34% since Sep 2025. Monthly average of 9,089 bbl in the latest 3 months, against 13,791 bbl in the first 3.bbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 25Jan 26AprJul
Oil output fell 34% since Sep 2025Monthly oil production and gas for PRIEST STATE UNIT, Sep 2025 to Jul 2026. Oil output fell 34% since Sep 2025. Monthly average of 9,089 bbl in the latest 3 months, against 13,791 bbl in the first 3.bbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the 11 months reported

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the 11 months reportedShare of PRIEST STATE UNIT gas by disposition code each month, Sep 2025 to Jul 2026. 99% of the gas went to a processing plant in the 11 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
99% of the gas went to a processing plant in the 11 months reportedShare of PRIEST STATE UNIT gas by disposition code each month, Sep 2025 to Jul 2026. 99% of the gas went to a processing plant in the 11 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 586,771 mcf

  • Flared (4)

    0.8% · 4,608 mcf

0.8% of the gas flared in the 11 months reported. No month above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Sep 1, 2025
Plains Pipeline L.p.OilGathers50Sep 1, 2025
Kinetik Holdings LPCasinghead gasBuys100Sep 1, 2025
Kinetik Holdings LPCasinghead gasGathers100Sep 1, 2025

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

Who buys my oilOil price check

655.09 acres on the newest permit

Permits for Priest State Unit
API numberWell no.Acreson the permit
42-389-41370233H655.09
42-389-41369133H655.09

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

11 months, newest first

Ledger for PRIEST STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269,8409,82046,92746,630297$80.46$2.89
Jun 20268,7338,70450,39749,1971,200$84.81$3.15
May 20268,6948,70352,46752,4670$102.13$2.94
Apr 20268,8629,09651,61951,54871$100.32$2.77
Mar 20268,7968,58757,77156,6401,131$91.38$3.04
Feb 20268,3358,35552,19552,1950$64.51$3.62
Jan 20269,6299,59754,54252,9611,581$60.04$7.72
Dec 202510,18510,19256,64556,6450$57.97$4.26
Nov 202510,99011,08450,95250,841111$60.06$3.79
Oct 202515,24715,20857,89657,8960$60.89$3.19
Sep 202515,13715,21459,96859,751217$63.96$2.97

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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New drilling permits in Reeves County

Newest in the county: this lease has no coordinates.