Skip to content
Royalty Clerk

Texas oil lease

Producing

STATE 54-6

State 54-6 is an oil lease in Reeves County, Texas, operated by TRP Operating LLC in the Two Georges (Bone Spring) field.

2 wells

515bbl oil, last 12 months−55% vs prior year
Operator
TRP Operating LLC
County
Reeves County
Field
Two Georges (Bone Spring)
RRC lease
08-41565

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
230 mcf
Oil in Jul 2026
41 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: TRP Operating LLC took over from Diamondback E&P LLC in Feb 2025.

  • Sales

    No sales reported for the last 4 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output fell 55% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for STATE 54-6, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 515 bbl in the 12 months through Jul 2026, against 1,156 bbl in the 12 months before.Last 12 months: 515 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for STATE 54-6, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 515 bbl in the 12 months through Jul 2026, against 1,156 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 3.1% of the gas in Dec 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of STATE 54-6 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 3.1% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: line to plantFlared 3.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of STATE 54-6 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 3.1% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Nov 25: line to plantFlared 3.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    71% · 209 mcf

  • Transmission line (2)

    29% · 84 mcf

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Jan 2025; TRP Operating LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Diamondback E&P LLCJan 2020 to Jan 2025TRP Operating LLCFeb 2025 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Jan 2025; TRP Operating LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Diamondback E&P LLCJan 2020 to Jan 2025TRP Operating LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on STATE 54-6
API numberWell no.Status
42-389-327271Active
42-389-327572HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers75Nov 1, 2018
Rio Energy International, Inc.OilGathers25Nov 1, 2018
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015

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

Who buys my oilOil price check

640 acres on the newest permit

The wells on this lease state different acreage

The permits state between 320 and 640 acres.

Permits for State 54-6
API numberWell no.Acreson the permit
42-389-327572640
42-389-327572H640
42-389-327271320
42-389-327271H320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE 54-6
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026TRP Operating410440$80.46$2.89
Jun 2026TRP Operating370660$84.81$3.15
May 2026TRP Operating26013130$102.13$2.94
Apr 2026TRP Operating30024240$100.32$2.77
Mar 2026TRP Operating2118712120$91.38$3.04
Feb 2026TRP Operating8818831310$64.51$3.62
Jan 2026TRP Operating40018180$60.04$7.72
Dec 2025TRP Operating55128280$57.97$4.26
Nov 2025TRP Operating53026260$60.06$3.79
Oct 2025TRP Operating380000$60.89$3.19
Sep 2025TRP Operating26021210$63.96$2.97
Aug 2025TRP Operating6018247470$64.86$2.91
Jul 2025TRP Operating62063630$68.39$3.20
Jun 2025TRP Operating8818368680$68.17$3.02
May 2025TRP Operating88084840$62.17$3.12
Apr 2025TRP Operating611191031030$63.54$3.42
Mar 2025TRP Operating9114964640$68.24$4.12
Feb 2025TRP Operating109092920$71.53$4.19
Jan 2025Diamondback E&P164020200$75.74$4.13
Dec 2024Diamondback E&P100149990$70.12$3.01
Nov 2024Diamondback E&P8018717170$69.95$2.12
Oct 2024Diamondback E&P118028280$71.99$2.20
Sep 2024Diamondback E&P114034340$70.24$2.28
Aug 2024Diamondback E&P8136776760$76.68$1.99
Jul 2024Diamondback E&P145058580$81.80$2.07
Jun 2024Diamondback E&P11802122120$79.77$2.54
May 2024Diamondback E&P993413973970$80.02$2.12
Apr 2024Diamondback E&P1441842692690$85.35$1.60
Mar 2024Diamondback E&P19103693690$81.28$1.49
Feb 2024Diamondback E&P1621552042040$77.25$1.72
Jan 2024Diamondback E&P1211622952950$74.15$3.18
Dec 2023Diamondback E&P14418632431410$71.90$2.52
Nov 2023Diamondback E&P19303353350$77.69$2.71
Oct 2023Diamondback E&P2404744794790$85.64$2.98
Sep 2023Diamondback E&P2521817117110$89.43$2.64
Aug 2023Diamondback E&P2983665885880$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 reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorTRP Operating LLCFieldTwo Georges (Bone Spring)CountyReeves County

TRP Operating LLC in Reeves County

All TRP Operating LLC leases →

Two Georges (Bone Spring) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km