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Texas oil lease

Producing

REAGAN 6-51-8

Reagan 6-51-8 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Hoefs T-K (Wolfcamp) field.

1 well

69bbl oil, last 12 months−95% vs prior year
Operator
Noble Energy Inc
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-45977

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
79 mcf
Oil in Jul 2026
47 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 95% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 95% over the last 12 monthsMonthly oil production and gas for REAGAN 6-51-8, Aug 2023 to Jul 2026. Oil output fell 95% over the last 12 months. 69 bbl in the 12 months through Jul 2026, against 1,492 bbl in the 12 months before.Last 12 months: 69 bblbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 95% over the last 12 monthsMonthly oil production and gas for REAGAN 6-51-8, Aug 2023 to Jul 2026. Oil output fell 95% over the last 12 months. 69 bbl in the 12 months through Jul 2026, against 1,492 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Jan 24JulJan 25JulJan 26Jul

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 lease fuel

Flaring peaked at 6.2% of the gas in Jan 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2025 the lease's gas goes to a processing plant instead of lease fuelShare of REAGAN 6-51-8 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 6.2% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2025: fuel to plantFlared 6.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2025 the lease's gas goes to a processing plant instead of lease fuelShare of REAGAN 6-51-8 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 6.2% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Jul 25: fuel to plantFlared 6.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    76% · 1,717 mcf

  • Lease fuel (1)

    24% · 534 mcf

  • Flared (4)

    0.3% · 6 mcf

0.3% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on REAGAN 6-51-8
API numberWell no.Status
42-389-343121HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers25Oct 1, 2024–
Et Gathering & Processing LLCOilGathers25Oct 1, 2024–
Noble Energy INCOilGathers25Oct 1, 2024–
Plains Marketing, L.p.OilGathers25Oct 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Oct 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys50Oct 1, 2024–
Noble Energy INCCasinghead gasGathers100Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Oct 1, 2024
Noble Energy INCOilGathers50Jan 1, 2023Oct 1, 2024
Plains Marketing, L.p.OilGathers50Aug 1, 2018Oct 1, 2024
Noble Midstream Services, LLCCasinghead gasGathers100Dec 1, 2019Jan 1, 2023
Noble Midstream Services, LLCOilGathers50Dec 1, 2019Jan 1, 2023
Clayton Williams Pipeline CorpCasinghead gasGathers100Dec 12, 2014Dec 1, 2019

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

Who buys my oilOil price check

650.70 acres on the newest permit

Check your decimal on this lease
Permits for Reagan 6-51-8
API numberWell no.Acreson the permit
42-389-343121H650.70

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

Unit decimal checker

What Chevron Corporation told investors it received

Noble Energy 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 REAGAN 6-51-8
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202647031290$80.46$2.89
Jun 202600000$84.81$3.15
May 202680000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 20263014130$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 20255026250$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202560870$64.86$2.91
Jul 20250051480$68.39$3.20
Jun 202525236800$68.17$3.02
May 202500000$62.17$3.12
Apr 2025750000$63.54$3.42
Mar 2025168000$68.24$4.12
Feb 2025170126564$71.53$4.19
Jan 2025807000$75.74$4.13
Dec 202414092200$70.12$3.01
Nov 202400000$69.95$2.12
Oct 20242776282261560$71.99$2.20
Sep 202417403722980$70.24$2.28
Aug 20248869551,1731,0652$76.68$1.99
Jul 20244713757226245$81.80$2.07
Jun 202468079292880621$79.77$2.54
May 20249916801,05993215$80.02$2.12
Apr 20245368038206940$85.35$1.60
Mar 20249717741,1671,02612$81.28$1.49
Feb 20248038911,02790114$77.25$1.72
Jan 20241,0421,0891,3781,13186$74.15$3.18
Dec 20237075697846750$71.90$2.52
Nov 202380000$77.69$2.71
Oct 202318237000$85.64$2.98
Sep 20231,1301,2241,7201,56217$89.43$2.64
Aug 20235714516885880$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

OperatorNoble Energy IncFieldHoefs T-K (Wolfcamp)CountyReeves County

Noble Energy Inc in Reeves County

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Hoefs T-K (Wolfcamp) field

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