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Texas oil lease

Producing

RCR 180-197 ALLOC 02

RCR 180-197 Alloc 02 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.

Oil lease dossier

5,538bbl oil, last 12 months−29% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-20682

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
248,523 mcf
Oil in Jul 2026
470 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for RCR 180-197 ALLOC 02, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 5,538 bbl in the 12 months through Jul 2026, against 7,821 bbl in the 12 months before.Last 12 months: 5,538 bblbbl per monthmcf per month0025010k50020k75030k1,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for RCR 180-197 ALLOC 02, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 5,538 bbl in the 12 months through Jul 2026, against 7,821 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025010k50020k75030k1,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 40.6% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of RCR 180-197 ALLOC 02 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 40.6% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 40.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of RCR 180-197 ALLOC 02 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 40.6% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 40.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 233,882 mcf

  • Lease fuel (1)

    4.5% · 11,209 mcf

  • Flared (4)

    1.4% · 3,432 mcf

1.4% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2020–
Canes Midstream Logistics LLCCasinghead gasBuys50Jun 27, 2024–
Targa Midstream Services LLCCasinghead gasBuys50Jun 27, 2024–
Canes Midstream Logistics LLCCasinghead gasGathers50Jun 27, 2024–
Targa Midstream Services LLCCasinghead gasGathers50Jun 27, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Nov 1, 2023Jun 27, 2024
Targa Midstream Services LLCCasinghead gasBuys100Nov 1, 2023Jun 27, 2024
Cogent Midstream Logistics, LLCCasinghead gasGathers50Mar 1, 2020Nov 1, 2023
Targa Midstream Services LLCCasinghead gasGathers50Mar 1, 2020Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys50Mar 1, 2020Nov 1, 2023
Targa Midstream Services LLCCasinghead gasBuys50May 1, 2022Nov 1, 2023

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

Who buys my oilOil price check

648.68 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 RCR 180-197 Alloc 02
API numberWell no.Acreson the permit
42-383-4022234HT648.68
42-383-4021135HC648.68

SourceRailroad Commission drilling permits, Oct 3, 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 RCR 180-197 ALLOC 02
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources47048229,63528,30628$80.46$2.89
Jun 2026Permian Resources39545124,29022,81415$84.81$3.15
May 2026Permian Resources41638620,07718,03843$102.13$2.94
Apr 2026Permian Resources3513518,1214,1503,297$100.32$2.77
Mar 2026Permian Resources50747724,63923,8988$91.38$3.04
Feb 2026Permian Resources41141119,99919,22116$64.51$3.62
Jan 2026Permian Resources44044922,52721,7642$60.04$7.72
Dec 2025Permian Resources50056021,36320,7442$57.97$4.26
Nov 2025Permian Resources69664127,63426,56915$60.06$3.79
Oct 2025Permian Resources41641110,3729,8000$60.89$3.19
Sep 2025Permian Resources46846520,13219,4816$63.96$2.97
Aug 2025Permian Resources46848819,73419,0970$64.86$2.91
Jul 2025Permian Resources52551322,63621,9874$68.39$3.20
Jun 2025Permian Resources50449528,18827,2270$68.17$3.02
May 2025Permian Resources66168721,22220,5053$62.17$3.12
Apr 2025Permian Resources57153726,34925,61614$63.54$3.42
Mar 2025Permian Resources50551723,14722,46014$68.24$4.12
Feb 2025Permian Resources63064016,83216,18044$71.53$4.19
Jan 2025Permian Resources71871616,43415,89710$75.74$4.13
Dec 2024Permian Resources78580719,42118,6910$70.12$3.01
Nov 2024Permian Resources85086719,28418,61014$69.95$2.12
Oct 2024Permian Resources97794316,81816,3330$71.99$2.20
Sep 2024Permian Resources5445329,2918,9790$70.24$2.28
Aug 2024Permian Resources55153124,06424,0260$76.68$1.99
Jul 2024Permian Resources51351621,38821,3826$81.80$2.07
Jun 2024Permian Resources53351523,45423,4486$79.77$2.54
May 2024Permian Resources39840322,56222,53725$80.02$2.12
Apr 2024Permian Resources41741619,48419,4831$85.35$1.60
Mar 2024Permian Resources60961120,70820,7035$81.28$1.49
Feb 2024Permian Resources67568120,38920,36524$77.25$1.72
Jan 2024Permian Resources51650828,48928,381108$74.15$3.18
Dec 2023Permian Resources61262121,67121,26022$71.90$2.52
Nov 2023Permian Resources58458817,25216,76410$77.69$2.71
Oct 2023Earthstone Operating,74673823,46622,81782$85.64$2.98
Sep 2023Earthstone Operating,66966922,51921,90815$89.43$2.64
Aug 2023Earthstone Operating,71971625,52724,5541$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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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area) R 40 ExcCountyReagan County

Permian Resources Operating, LLC in Reagan County

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Spraberry (Trend Area) R 40 Exc field

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