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Texas oil lease

Producing

SECTION 235-220 ALLOC 07

Section 235-220 Alloc 07 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.

Oil lease dossier

2,281bbl oil, last 12 months−44% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-20784

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
251,374 mcf
Oil in Jul 2026
372 bbl

Production by month

Oil output fell 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for SECTION 235-220 ALLOC 07, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 2,281 bbl in the 12 months through Jul 2026, against 4,061 bbl in the 12 months before.Last 12 months: 2,281 bblbbl per monthmcf per month0020010k40020k60030k80040k1,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for SECTION 235-220 ALLOC 07, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 2,281 bbl in the 12 months through Jul 2026, against 4,061 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020010k40020k60030k80040k1,00050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 39.1% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of SECTION 235-220 ALLOC 07 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 39.1% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 39.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of SECTION 235-220 ALLOC 07 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 39.1% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 39.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 243,456 mcf

  • Flared (4)

    2.6% · 6,639 mcf

  • Lease fuel (1)

    0.5% · 1,279 mcf

2.6% of the gas flared in the last 12 months. 5 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2020–
Canes Midstream Logistics LLCCasinghead gasBuys100May 30, 2024–
Canes Midstream Logistics LLCCasinghead gasGathers100May 30, 2024–
Cogent Midstream Logistics, LLCCasinghead gasGathers50Mar 1, 2020Nov 1, 2023
Wtg Gas Processing, L.p.Casinghead gasGathers50Mar 1, 2020Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys50Mar 1, 2020Nov 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys50Mar 1, 2020Nov 1, 2023

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

Who buys my oilOil price check

1,290.10 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.

Check your decimal on this lease
Permits for Section 235-220 Alloc 07
API numberWell no.Acreson the permit
42-383-4052017HA1,290.10

SourceRailroad Commission drilling permits, Sep 26, 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 SECTION 235-220 ALLOC 07
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources37236422,12821,92822$80.46$2.89
Jun 2026Permian Resources10011014,48914,4360$84.81$3.15
May 2026Permian Resources22203,7302,3881,333$102.13$2.94
Apr 2026Permian Resources10310613,4118,1615,244$100.32$2.77
Mar 2026Permian Resources22021331,39231,3580$91.38$3.04
Feb 2026Permian Resources19119428,92028,8331$64.51$3.62
Jan 2026Permian Resources24925132,30532,1120$60.04$7.72
Dec 2025Permian Resources36135931,33431,1409$57.97$4.26
Nov 2025Permian Resources13812613,45613,37830$60.06$3.79
Oct 2025Permian Resources19262,3072,2730$60.89$3.19
Sep 2025Permian Resources23723527,72327,4930$63.96$2.97
Aug 2025Permian Resources26927030,17929,9560$64.86$2.91
Jul 2025Permian Resources28228330,01529,8041$68.39$3.20
Jun 2025Permian Resources30230227,41027,2146$68.17$3.02
May 2025Permian Resources25826932,29632,0730$62.17$3.12
Apr 2025Permian Resources29729731,85531,66518$63.54$3.42
Mar 2025Permian Resources31531732,34132,1550$68.24$4.12
Feb 2025Permian Resources30530629,61429,4210$71.53$4.19
Jan 2025Permian Resources37637631,40331,18522$75.74$4.13
Dec 2024Permian Resources34734832,40432,2110$70.12$3.01
Nov 2024Permian Resources37137730,65230,0089$69.95$2.12
Oct 2024Permian Resources39839132,80431,79249$71.99$2.20
Sep 2024Permian Resources38137832,03630,713224$70.24$2.28
Aug 2024Permian Resources42942930,10428,357830$76.68$1.99
Jul 2024Permian Resources44844226,05625,22658$81.80$2.07
Jun 2024Permian Resources44143434,81433,76919$79.77$2.54
May 2024Permian Resources46047035,88333,1821,619$80.02$2.12
Apr 2024Permian Resources41541228,46427,03654$85.35$1.60
Mar 2024Permian Resources50952438,66136,88050$81.28$1.49
Feb 2024Permian Resources53052434,78932,250914$77.25$1.72
Jan 2024Permian Resources60060442,19439,990641$74.15$3.18
Dec 2023Permian Resources59059538,13936,664367$71.90$2.52
Nov 2023Permian Resources49148924,82923,676284$77.69$2.71
Oct 2023Earthstone Operating,54052323,49621,852525$85.64$2.98
Sep 2023Earthstone Operating,61161722,94818,9142,895$89.43$2.64
Aug 2023Earthstone Operating,42242118,24514,0083,282$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.

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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area) R 40 ExcCountyReagan County

Permian Resources Operating, LLC in Reagan County

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Spraberry (Trend Area) R 40 Exc field

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