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Texas oil lease

Producing

REV DRAGONS BREATH T8-51-22

Rev Dragons Breath T8-51-22 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Wolfbone (Trend Area) field.

5 wells

1,386,061bbl oil, last 12 months
RRC lease
08-62996

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,387,973 mcf
Oil in Jul 2026
93,026 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: NOBLE ENERGY INC replaced ETC TEXAS P/L, LTD as the buyer of this lease's gas from oil wells on Jul 23, 2025.

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

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Production by month

Oil output fell 51% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 51% since May 2025Monthly oil production and gas for REV DRAGONS BREATH T8-51-22, May 2025 to Jul 2026. Oil output fell 51% since May 2025. Monthly average of 83,027 bbl in the latest 3 months, against 167,786 bbl in the first 3.bbl per monthmcf per month0050k50k100k100k150k150k200k200kJul 25OctJan 26AprJul
Oil output fell 51% since May 2025Monthly oil production and gas for REV DRAGONS BREATH T8-51-22, May 2025 to Jul 2026. Oil output fell 51% since May 2025. Monthly average of 83,027 bbl in the latest 3 months, against 167,786 bbl in the first 3.bbl per monthmcf per month0050k50k100k100k150k150k200k200kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.0% of the gas in Jun 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of REV DRAGONS BREATH T8-51-22 gas by disposition code each month, May 2025 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.0% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.0%Jul 25OctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of REV DRAGONS BREATH T8-51-22 gas by disposition code each month, May 2025 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.0% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 4.0%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 1,291,480 mcf

  • Lease fuel (1)

    3.9% · 54,396 mcf

  • Transmission line (2)

    1.9% · 26,816 mcf

  • Flared (4)

    1.1% · 15,281 mcf

1.1% of the gas flared in the last 12 months. 3 months above 3%.

5 wells on this lease

Wells on REV DRAGONS BREATH T8-51-22
API numberWell no.Status
42-389-41287081WAActive
42-389-41288082WAActive
42-389-41289083WAActive
42-389-41290084WAActive
42-389-41291085WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Noble Energy INCOilGathers100Dec 10, 2024–
Noble Energy INCCasinghead gasBuys100Jul 23, 2025–
Noble Energy INCCasinghead gasGathers100Dec 10, 2024–
Etc Texas P/L, LTDCasinghead gasBuys100Dec 10, 2024Jul 23, 2025

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

1,804.89 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.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,804.89 and 2,114.14 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Rev Dragons Breath T8-51-22
API numberWell no.Acreson the permit
42-389-41288082WA1,804.89
42-389-41287081WA1,804.89
42-389-41289083WA1,804.89
42-389-41290084WA1,804.89
42-389-41291085WA2,114.14

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

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

15 months, newest first

Ledger for REV DRAGONS BREATH T8-51-22
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202693,02693,02656,77252,91154$80.46$2.89
Jun 202686,09186,09177,94975,043388$84.81$3.15
May 202669,96369,96366,80363,945273$102.13$2.94
Apr 202688,04388,04391,24187,9180$100.32$2.77
Mar 202696,73996,73994,76492,3090$91.38$3.04
Feb 202698,34598,34590,97488,54261$64.51$3.62
Jan 2026115,229115,229133,800127,611250$60.04$7.72
Dec 2025127,890127,890146,627138,0281,989$57.97$4.26
Nov 2025147,374147,374173,522164,2082,569$60.06$3.79
Oct 2025160,849160,849169,049159,9662,425$60.89$3.19
Sep 2025145,270145,270149,830141,1303,043$63.96$2.97
Aug 2025157,242157,242136,642126,6854,229$64.86$2.91
Jul 2025187,114187,114183,672172,1424,485$68.39$3.20
Jun 2025197,087197,087195,203180,7347,733$68.17$3.02
May 2025119,156119,156104,79497,1703,462$62.17$3.12

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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