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Texas oil lease

Producing

RANGER C4-7

Ranger C4-7 is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Phantom (Wolfcamp) field.

3 wells

41,255bbl oil, last 12 months−7% vs prior year
Operator
VTX Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-47905

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
45,394 mcf
Oil in Jul 2026
3,170 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for RANGER C4-7, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 41,255 bbl in the 12 months through Jul 2026, against 44,261 bbl in the 12 months before.Last 12 months: 41,255 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for RANGER C4-7, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 41,255 bbl in the 12 months through Jul 2026, against 44,261 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Sep 2024 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 65.5% of the gas in Jul 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Sep 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of RANGER C4-7 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 65.5% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Sep 2024: line to plantFlared 65.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Sep 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of RANGER C4-7 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 65.5% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Sep 24: line to plantFlared 65.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 49,398 mcf

  • Flared (4)

    8.4% · 4,508 mcf

8.4% of the gas flared in the last 12 months. 15 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jul 2023

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jun 2023; VTX Energy Operating, LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Changed Jul 2023Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to Jun 2023VTX Energy Operating, LLCJul 2023 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jun 2023; VTX Energy Operating, LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Changed Jul 2023Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to Jun 2023VTX Energy Operating, LLCJul 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on RANGER C4-7
API numberWell no.Status
42-389-351714309HActive
42-389-364314301HActive
42-389-364324303HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Oct 1, 2023–
Vaquero Permian Processing LLCCasinghead gasBuys100Oct 1, 2023–
Vaquero Permian Processing LLCCasinghead gasGathers100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100May 28, 2016Oct 1, 2023
Energy Transfer CompanyCasinghead gasBuys100May 28, 2016Oct 1, 2023
Medallion Operating Company, LLCOilGathers50Feb 1, 2019Oct 1, 2023
Shell Trading (Us) CompanyOilGathers50Feb 1, 2019Oct 1, 2023
Lion Oil Trading & Trans, LLCOilGathers100Mar 1, 2018Feb 1, 2019

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

Who buys my oilOil price check

725 acres on the newest permit

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Permits for Ranger C4-7
API numberWell no.Acreson the permit
42-389-364314301H725
42-389-364324303H725
42-389-351714309H725

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

Unit decimal checker

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36 months, newest first

Ledger for RANGER C4-7
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026VTX Energy3,1703,2755,5665,48185$80.46$2.89
Jun 2026VTX Energy3,2043,2214,7163,6751,041$84.81$3.15
May 2026VTX Energy3,3673,3655,5455,195350$102.13$2.94
Apr 2026VTX Energy3,3123,4876,8676,8670$100.32$2.77
Mar 2026VTX Energy3,6543,5398,6698,6690$91.38$3.04
Feb 2026VTX Energy3,8343,7187,3247,3240$64.51$3.62
Jan 2026VTX Energy3,3783,576000$60.04$7.72
Dec 2025VTX Energy3,7753,570000$57.97$4.26
Nov 2025VTX Energy3,1023,1671,0291,0290$60.06$3.79
Oct 2025VTX Energy3,5583,5311,6701,6700$60.89$3.19
Sep 2025VTX Energy3,3793,3861,4461,201245$63.96$2.97
Aug 2025VTX Energy3,5223,3442,5621,931631$64.86$2.91
Jul 2025VTX Energy3,0003,1203,2941,1382,156$68.39$3.20
Jun 2025VTX Energy3,8643,8555,2185,2180$68.17$3.02
May 2025VTX Energy3,7763,9874,5444,024520$62.17$3.12
Apr 2025VTX Energy4,3604,2226,1466,05294$63.54$3.42
Mar 2025VTX Energy4,0224,0375,9385,524414$68.24$4.12
Feb 2025VTX Energy3,6233,71462,22460,1082,116$71.53$4.19
Jan 2025VTX Energy4,1824,0285,6944,3951,299$75.74$4.13
Dec 2024VTX Energy3,7463,5494,4433,928515$70.12$3.01
Nov 2024VTX Energy3,3423,4287,2817,116165$69.95$2.12
Oct 2024VTX Energy4,1274,09411,0729,8991,173$71.99$2.20
Sep 2024VTX Energy3,1513,4386,2894,5531,736$70.24$2.28
Aug 2024VTX Energy3,0682,8867,3377,091246$76.68$1.99
Jul 2024VTX Energy4,5954,50416,34714,6211,726$81.80$2.07
Jun 2024VTX Energy4,1524,69022,19021,329409$79.77$2.54
May 2024VTX Energy5,1334,69420,13419,6190$80.02$2.12
Apr 2024VTX Energy4,7174,88512,64612,1620$85.35$1.60
Mar 2024VTX Energy5,4074,99715,60914,9210$81.28$1.49
Feb 2024VTX Energy3,0803,25815,01014,3631$77.25$1.72
Jan 2024VTX Energy2,8373,3273,8933,2300$74.15$3.18
Dec 2023VTX Energy5,7845,56417,97417,2790$71.90$2.52
Nov 2023VTX Energy5,6015,32117,63016,9520$77.69$2.71
Oct 2023VTX Energy4,5104,51615,82214,934200$85.64$2.98
Sep 2023VTX Energy4,8674,84120,32718,0591,299$89.43$2.64
Aug 2023VTX Energy4,8565,37719,31618,3620$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.

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This lease belongs to

OperatorVTX Energy Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

VTX Energy Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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