Skip to content
Royalty Clerk

Texas oil lease

Producing

REGAN 257

Regan 257 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

2 wells

567bbl oil, last 12 months−53% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-43594

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
88 mcf
Oil in Jul 2026
22 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Mar 31, 2026.

  • Sales

    No sales reported for the last 4 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 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for REGAN 257, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 567 bbl in the 12 months through Jul 2026, against 1,197 bbl in the 12 months before.Last 12 months: 567 bblbbl per monthmcf per month00200104002060030800401,00050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for REGAN 257, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 567 bbl in the 12 months through Jul 2026, against 1,197 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200104002060030800401,00050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plantShare of REGAN 257 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plantShare of REGAN 257 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Feb 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    67% · 88 mcf

  • Processing plant (3)

    33% · 43 mcf

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating,…Nov 2024 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on REGAN 257
API numberWell no.Status
42-389-335171Active
42-389-336502Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Mar 31, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasGathers100Mar 31, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Mar 31, 2026
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Mar 31, 2026
Bridger Transportation, LLCOilGathers25Jun 1, 2018Mar 31, 2026
Concord Crude Oil Marketing LLCOilGathers50Jun 1, 2018Mar 31, 2026
Plains Marketing, L.p.OilGathers25Jun 1, 2018Mar 31, 2026

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

Who buys my oilOil price check

319.95 acres on the newest permit

Check your decimal on this lease
Permits for Regan 257
API numberWell no.Acreson the permit
42-389-336502319.95
42-389-335171319.95

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 REGAN 257
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources22043430$80.46$2.89
Jun 2026Permian Resources00440$84.81$3.15
May 2026Permian Resources00000$102.13$2.94
Apr 2026Permian Resources10000$100.32$2.77
Mar 2026Permian Resources215201440$91.38$3.04
Feb 2026Permian Resources13237370$64.51$3.62
Jan 2026Permian Resources68220000$60.04$7.72
Dec 2025Permian Resources615000$57.97$4.26
Nov 2025Permian Resources533000$60.06$3.79
Oct 2025Permian Resources50201000$60.89$3.19
Sep 2025Permian Resources192000$63.96$2.97
Aug 2025Permian Resources651000$64.86$2.91
Jul 2025Permian Resources117184000$68.39$3.20
Jun 2025Permian Resources690000$68.17$3.02
May 2025Permian Resources34043430$62.17$3.12
Apr 2025Permian Resources80000$63.54$3.42
Mar 2025Permian Resources98885000$68.24$4.12
Feb 2025Permian Resources7860000$71.53$4.19
Jan 2025Permian Resources00000$75.74$4.13
Dec 2024Permian Resources10000$70.12$3.01
Nov 2024Permian Resources00000$69.95$2.12
Oct 2024OXY USA00000$71.99$2.20
Sep 2024OXY USA00000$70.24$2.28
Aug 2024OXY USA840000$76.68$1.99
Jul 2024OXY USA152352000$81.80$2.07
Jun 2024OXY USA00000$79.77$2.54
May 2024OXY USA00000$80.02$2.12
Apr 2024OXY USA00000$85.35$1.60
Mar 2024OXY USA00000$81.28$1.49
Feb 2024OXY USA00000$77.25$1.72
Jan 2024OXY USA700000$74.15$3.18
Dec 2023OXY USA0172000$71.90$2.52
Nov 2023OXY USA11000$77.69$2.71
Oct 2023OXY USA33000$85.64$2.98
Sep 2023OXY USA00000$89.43$2.64
Aug 2023OXY USA1430000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

All Permian Resources Operating, LLC leases →

Wolfbone (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km