Texas oil lease
ProducingRUSSELL LONG G
Russell Long G 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
- 08-60325
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 146,957 mcf
- Oil in Jul 2026
- 2,735 bbl
Production by month
Oil output fell 43% 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
98% of the gas went to a transmission line in the last 12 months
Flaring peaked at 11.0% of the gas in May 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 144,391 mcf
Flared (4)
1.0% · 1,486 mcf
Lease fuel (1)
0.7% · 1,080 mcf
1.0% of the gas flared in the last 12 months. 5 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-40155 | C 37H | 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 | Apr 4, 2024 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | Apr 4, 2024 | – |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 100 | Apr 4, 2024 | 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 |
|---|---|---|---|---|
| 42-389-40155 | C 37H | Aug 5, 2022 | Mar 26, 2023 | 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 2026 | 2,735 | 2,740 | 15,435 | 15,143 | 183 | $80.46 | $2.89 |
| Jun 2026 | 3,141 | 3,109 | 14,703 | 14,568 | 28 | $84.81 | $3.15 |
| May 2026 | 3,318 | 3,389 | 15,152 | 14,946 | 91 | $102.13 | $2.94 |
| Apr 2026 | 3,555 | 3,690 | 14,647 | 14,399 | 131 | $100.32 | $2.77 |
| Mar 2026 | 3,530 | 3,350 | 11,875 | 11,667 | 118 | $91.38 | $3.04 |
| Feb 2026 | 3,117 | 3,133 | 8,714 | 8,486 | 154 | $64.51 | $3.62 |
| Jan 2026 | 3,892 | 3,896 | 8,721 | 8,578 | 69 | $60.04 | $7.72 |
| Dec 2025 | 5,032 | 5,011 | 8,619 | 8,494 | 55 | $57.97 | $4.26 |
| Nov 2025 | 2,396 | 2,379 | 3,298 | 3,260 | 6 | $60.06 | $3.79 |
| Oct 2025 | 1,581 | 1,610 | 7,111 | 6,841 | 216 | $60.89 | $3.19 |
| Sep 2025 | 4,338 | 4,340 | 19,296 | 18,867 | 310 | $63.96 | $2.97 |
| Aug 2025 | 4,432 | 4,423 | 19,386 | 19,142 | 125 | $64.86 | $2.91 |
| Jul 2025 | 3,979 | 3,976 | 14,323 | 13,901 | 334 | $68.39 | $3.20 |
| Jun 2025 | 3,618 | 3,646 | 17,359 | 15,775 | 1,478 | $68.17 | $3.02 |
| May 2025 | 4,947 | 4,960 | 22,904 | 20,260 | 2,512 | $62.17 | $3.12 |
| Apr 2025 | 5,263 | 5,264 | 22,471 | 21,818 | 526 | $63.54 | $3.42 |
| Mar 2025 | 5,716 | 5,708 | 24,540 | 23,470 | 934 | $68.24 | $4.12 |
| Feb 2025 | 5,531 | 5,525 | 22,635 | 21,973 | 540 | $71.53 | $4.19 |
| Jan 2025 | 6,349 | 6,283 | 26,536 | 25,959 | 435 | $75.74 | $4.13 |
| Dec 2024 | 6,488 | 6,544 | 26,588 | 26,107 | 337 | $70.12 | $3.01 |
| Nov 2024 | 6,473 | 6,550 | 23,300 | 21,722 | 1,451 | $69.95 | $2.12 |
| Oct 2024 | 7,720 | 7,641 | 27,119 | 26,428 | 539 | $71.99 | $2.20 |
| Sep 2024 | 8,013 | 8,006 | 26,862 | 26,326 | 397 | $70.24 | $2.28 |
| Aug 2024 | 8,130 | 8,140 | 27,669 | 27,147 | 394 | $76.68 | $1.99 |
| Jul 2024 | 8,151 | 8,151 | 24,941 | 24,384 | 459 | $81.80 | $2.07 |
| Jun 2024 | 8,459 | 8,650 | 26,169 | 25,512 | 544 | $79.77 | $2.54 |
| May 2024 | 9,884 | 9,970 | 26,028 | 25,156 | 608 | $80.02 | $2.12 |
| Apr 2024 | 9,692 | 9,695 | 24,063 | 23,675 | 160 | $85.35 | $1.60 |
| Mar 2024 | 10,905 | 10,787 | 26,966 | 26,201 | 498 | $81.28 | $1.49 |
| Feb 2024 | 10,893 | 10,879 | 26,593 | 26,347 | 0 | $77.25 | $1.72 |
| Jan 2024 | 11,593 | 11,864 | 25,462 | 25,226 | 0 | $74.15 | $3.18 |
| Dec 2023 | 12,198 | 12,205 | 23,539 | 23,234 | 91 | $71.90 | $2.52 |
| Nov 2023 | 12,525 | 12,376 | 25,208 | 25,001 | 0 | $77.69 | $2.71 |
| Oct 2023 | 14,168 | 14,048 | 25,027 | 24,822 | 0 | $85.64 | $2.98 |
| Sep 2023 | 14,642 | 14,529 | 23,532 | 23,532 | 0 | $89.43 | $2.64 |
| Aug 2023 | 15,642 | 15,755 | 25,038 | 25,038 | 0 | $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.
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
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