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Texas oil lease

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RIALTO 23

Rialto 23 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

1 well

4,800bbl oil, last 12 months−18% vs prior year
RRC lease
08-47163

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
658 mcf
Oil in Jul 2026
330 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.

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

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Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for RIALTO 23, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 4,800 bbl in the 12 months through Jul 2026, against 5,864 bbl in the 12 months before.Last 12 months: 4,800 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for RIALTO 23, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 4,800 bbl in the 12 months through Jul 2026, against 5,864 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plantShare of RIALTO 23 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 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%Jun 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plantShare of RIALTO 23 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Jun 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    78% · 28,440 mcf

  • Transmission line (2)

    21% · 7,745 mcf

  • Flared (4)

    0.2% · 79 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

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.

1 well on this lease

Wells on RIALTO 23
API numberWell no.Status
42-389-3478418HActive

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, LLCOilGathers100Jul 11, 2015Mar 31, 2026

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

322.56 acres on the newest permit

Permits for Rialto 23
API numberWell no.Acreson the permit
42-389-3478418H322.56

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

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 RIALTO 23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources3301903853850$80.46$2.89
Jun 2026Permian Resources3563702732730$84.81$3.15
May 2026Permian Resources324531000$102.13$2.94
Apr 2026Permian Resources334549000$100.32$2.77
Mar 2026Permian Resources495372000$91.38$3.04
Feb 2026Permian Resources249199000$64.51$3.62
Jan 2026Permian Resources364403000$60.04$7.72
Dec 2025Permian Resources529599000$57.97$4.26
Nov 2025Permian Resources451399000$60.06$3.79
Oct 2025Permian Resources431375000$60.89$3.19
Sep 2025Permian Resources434401000$63.96$2.97
Aug 2025Permian Resources503611000$64.86$2.91
Jul 2025Permian Resources493557000$68.39$3.20
Jun 2025Permian Resources445379000$68.17$3.02
May 2025Permian Resources368376000$62.17$3.12
Apr 2025Permian Resources274193000$63.54$3.42
Mar 2025Permian Resources6671,274000$68.24$4.12
Feb 2025Permian Resources3321000$71.53$4.19
Jan 2025Permian Resources607356000$75.74$4.13
Dec 2024Permian Resources6481,262000$70.12$3.01
Nov 2024Permian Resources4962184,3434,3430$69.95$2.12
Oct 2024OXY USA4701794,9104,9046$71.99$2.20
Sep 2024OXY USA6305164,8344,77064$70.24$2.28
Aug 2024OXY USA4346947,0777,0770$76.68$1.99
Jul 2024OXY USA5823535,1205,1128$81.80$2.07
Jun 2024OXY USA6466932,6872,6870$79.77$2.54
May 2024OXY USA5996943,6353,6350$80.02$2.12
Apr 2024OXY USA229177000$85.35$1.60
Mar 2024OXY USA7326981,0561,0560$81.28$1.49
Feb 2024OXY USA6585274774761$77.25$1.72
Jan 2024OXY USA980000$74.15$3.18
Dec 2023OXY USA410524000$71.90$2.52
Nov 2023OXY USA152172000$77.69$2.71
Oct 2023OXY USA300370000$85.64$2.98
Sep 2023OXY USA543364000$89.43$2.64
Aug 2023OXY USA5617311,4671,4670$81.39$2.58

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

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Nearby

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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