Texas oil lease
ProducingRUSSELL LONG C
Russell Long C is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-54248
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 45,084 mcf
- Oil in Jul 2026
- 3,051 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on May 1, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 8% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Over 99% of the gas went to a transmission line in the last 12 months
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
100% · 45,060 mcf
Flared (4)
0.1% · 24 mcf
0.1% 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 Jan 2023
- Permian Resources Operating, LLC Jan 2023 to now
- Centennial Resource Prod, LLC Apr 2020 to Dec 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-38943 | U 41H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Plains Pipeline L.p. | Oil | Gathers | 49 | May 1, 2026 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 2 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Buys | 100 | May 1, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | May 1, 2026 | – |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Gathers | 100 | Apr 9, 2020 | May 1, 2026 |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Buys | 100 | Apr 9, 2020 | May 1, 2026 |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 100 | Apr 9, 2020 | May 1, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,120 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-38943 | U 41H | Feb 6, 2020 | Apr 9, 2020 | 1,120 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 3,051 | 2,919 | 4,858 | 4,834 | 24 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 2,109 | 2,131 | 2,498 | 2,498 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 2,928 | 3,007 | 4,306 | 4,306 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 2,741 | 2,707 | 3,986 | 3,986 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 2,958 | 2,931 | 4,566 | 4,566 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 2,839 | 2,849 | 3,627 | 3,627 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 3,056 | 3,028 | 3,360 | 3,360 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 4,129 | 4,108 | 3,328 | 3,328 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,392 | 1,458 | 1,667 | 1,667 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,388 | 1,353 | 3,059 | 3,059 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 2,250 | 2,264 | 3,998 | 3,998 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 2,861 | 2,892 | 5,831 | 5,831 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 2,518 | 2,624 | 6,755 | 6,755 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 2,951 | 2,999 | 6,348 | 6,348 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 3,291 | 3,158 | 6,305 | 6,305 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 2,958 | 3,029 | 6,605 | 6,601 | 4 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 3,343 | 3,188 | 6,213 | 6,213 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 1,195 | 1,318 | 2,698 | 2,698 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 2,296 | 2,252 | 5,941 | 5,941 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 2,901 | 2,921 | 6,443 | 6,443 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 2,873 | 2,848 | 6,499 | 6,499 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 3,316 | 3,297 | 6,910 | 6,910 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 3,228 | 3,222 | 7,656 | 7,656 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 3,616 | 3,624 | 8,350 | 8,350 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 3,468 | 3,752 | 7,893 | 7,893 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 3,635 | 3,539 | 7,530 | 7,530 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 3,467 | 3,276 | 7,305 | 7,305 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 2,830 | 2,808 | 6,129 | 6,129 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 2,765 | 2,765 | 7,254 | 7,254 | 0 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 2,722 | 2,769 | 7,335 | 7,335 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 3,027 | 3,096 | 8,367 | 8,367 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 3,269 | 3,282 | 7,560 | 7,560 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 2,093 | 2,045 | 4,244 | 4,244 | 0 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 3,191 | 3,149 | 4,390 | 4,390 | 0 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 3,187 | 3,262 | 4,331 | 4,318 | 13 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 3,329 | 3,227 | 4,471 | 4,471 | 0 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reeves County
- NICHOLAS F
22,367 bbl
- JERSEY LILLY 17-7 A3
27,585 bbl
- CANTALOUPE MIPA UNIT
231,883 mcf
- OKINAWA 24-11 UNIT
26,490 bbl
- VINTAGE B
358,983 mcf
- WEINERT STATE 34-39-3S
28,085 bbl
- NICHOLAS E
22,969 bbl
- C.H. KNIGHT
26,964 bbl
- NINJA 4-50 49
286,922 mcf
- STRONG FUNDAMENTAL A
247,474 mcf
Phantom (Wolfcamp) field
- KHC '33-26'
31,582 bbl
- TORTILLA 34-0-179-178 A
25,647 bbl
- DRAINAGE 34-136
32,189 bbl
- STATE JAMES 57-T2-42
199,383 mcf
- CHIMICHANGA 34-223 UNIT
30,601 bbl
- DREADNAUGHT C
28,983 bbl
- CBR 35-38-56-1A
200,377 mcf
- PEP 8-21 C
28,361 bbl
- KAYCEE STATE 57-3-33 UNIT
308,120 mcf
- BULL RUN STATE 55-4-22 UNIT
161,705 mcf
Leases within 10 km
- RUSSELL LONG A
47,904 bbl · 0 km
- BROOKS
26,484 bbl · 0.2 km
- COMPTON
7 bbl · 0.9 km
- THREE RIVERS STATE 10
0 bbl · 1.1 km
- HOWARD STATE 2-52-8
69 bbl · 1.2 km
- RIVERFRONT STATE 276
0 bbl · 1.5 km
- COMPTON
8,784 bbl · 1.6 km
- BLAKE FOWLER UNIT
12,504 bbl · 2 km
- BARRACUDA H
19,742 bbl · 2 km
- BARRACUDA I
26,069 bbl · 2 km
Drilling permits within 10 km
VIPERFISH UNIT A #1WA
new drill · horizontal · Petroplex Energy Inc. · Reeves County · 8.6 km
Permit 0918110 · Aug 28, 2026
VIPERFISH UNIT B #2WB
new drill · horizontal · Petroplex Energy Inc. · Reeves County · 8.6 km
Permit 0918112 · Aug 28, 2026
VIPERFISH UNIT A #3BS
new drill · horizontal · Petroplex Energy Inc. · Reeves County · 8.6 km
Permit 0918111 · Aug 28, 2026
STILL TIPPIN A1 UNIT #3805U
new drill · horizontal · Greenlake Energy Operating, LLC · Reeves County · 6.2 km
Permit 0916840 · Jul 8, 2026
STILL TIPPIN A2 UNIT #4505U
new drill · horizontal · Greenlake Energy Operating, LLC · Reeves County · 6.2 km
Permit 0916841 · Jul 8, 2026