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Texas oil lease · RRC district 08 · Lease 42723

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STATE C19-15

State C19-15 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 5,336 mcf of gas in the 12 months through Jul 2026.

Gas well dossier · 1 well

5,336mcf gas, last 12 months−92% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-42723

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Gas in Jul 2026
0 mcf
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Gas output fell 92% over the last 12 months

5,336 mcf in the 12 months through Jul 2026, against 68,246 mcf in the 12 months before.

  • Gas (bars, left axis)
  • Oil (line, right axis)
  • Last 12 months
Gas output fell 92% over the last 12 monthsMonthly gas production and oil for STATE C19-15, Aug 2023 to Jul 2026. Gas output fell 92% over the last 12 months. 5,336 mcf in the 12 months through Jul 2026, against 68,246 mcf in the 12 months before.Last 12 months: 5,336 mcfmcf per monthbbl per month002,000504,0001006,0001508,00020010k250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 92% over the last 12 monthsMonthly gas production and oil for STATE C19-15, Aug 2023 to Jul 2026. Gas output fell 92% over the last 12 months. 5,336 mcf in the 12 months through Jul 2026, against 68,246 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000504,0001006,0001508,00020010k250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 42723, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Nov 2023 the lease's gas goes to a transmission line instead of lease fuel

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Transmission line (2)
  • Lease fuel (1)
Since Nov 2023 the lease's gas goes to a transmission line instead of lease fuelShare of STATE C19-15 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a transmission line instead of lease fuelShare of STATE C19-15 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Nov 23: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 42723, district 08. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Jan 2023

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating,…Jan 2023 to now
Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Dec 2022; Permian Resources Operating, LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Centennial Resource Prod, LLCJan 2020 to Dec 2022Permian Resources Operating, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 42723 in district 08. The API number is the state’s ID for a well.
Wells on STATE C19-15
API numberWell no.Status
42-389-328992Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 42723.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Enterprise Crude Oil LLC gathers it.

    100% of it, on the list since Dec 1, 2024

  • Gas from oil wells

    Kinetik Holdings LP buys and gathers it.

    Kinetik Holdings LP buys it: 100% of it, on the list since Dec 1, 2024 · Kinetik Holdings LP gathers it: 100% of it, on the list since Dec 1, 2024

Companies that used to be listed: Eagleclaw Midstream Ventures,llc (gathers it, until Dec 1, 2024); Eagleclaw Midstream Ventures,llc (buys it, until Dec 1, 2024); Trimac Transportation Inc. (gathers it, until Dec 1, 2024); Gibson Energy Marketing, LLC (gathers it, until Mar 1, 2022).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

320.50 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Apr 9, 2012
Latest permit
Mar 28, 2013
Wells and acres on the permits for State C19-15
API numberWell no.Acreson the permit
42-389-328992320.50

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

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A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says STATE C19-15 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for STATE C19-15
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Permian Resources00000$80.46$2.89
Jun 2026Permian Resources00000$84.81$3.15
May 2026Permian Resources00000$102.13$2.94
Apr 2026Permian Resources00000$100.32$2.77
Mar 2026Permian Resources00000$91.38$3.04
Feb 2026Permian Resources00000$64.51$3.62
Jan 2026Permian Resources00000$60.04$7.72
Dec 2025Permian Resources00000$57.97$4.26
Nov 2025Permian Resources00000$60.06$3.79
Oct 2025Permian Resources00000$60.89$3.19
Sep 2025Permian Resources001,4751,3150$63.96$2.97
Aug 2025Permian Resources003,8613,4040$64.86$2.91
Jul 2025Permian Resources01826,0585,4600$68.39$3.20
Jun 2025Permian Resources005,3904,8020$68.17$3.02
May 2025Permian Resources1111835,6105,0100$62.17$3.12
Apr 2025Permian Resources1371795,5905,0140$63.54$3.42
Mar 2025Permian Resources1571766,6416,0210$68.24$4.12
Feb 2025Permian Resources12404,6094,1190$71.53$4.19
Jan 2025Permian Resources1441816,2395,6310$75.74$4.13
Dec 2024Permian Resources1531845,9765,3560$70.12$3.01
Nov 2024Permian Resources1531795,7405,1870$69.95$2.12
Oct 2024Permian Resources1781785,9995,3790$71.99$2.20
Sep 2024Permian Resources14504,9884,4680$70.24$2.28
Aug 2024Permian Resources1733605,4064,8060$76.68$1.99
Jul 2024Permian Resources17605,2864,7080$81.80$2.07
Jun 2024Permian Resources1751784,5543,9740$79.77$2.54
May 2024Permian Resources1831804,1713,5530$80.02$2.12
Apr 2024Permian Resources1901764,0043,4140$85.35$1.60
Mar 2024Permian Resources1283593,8033,1830$81.28$1.49
Feb 2024Permian Resources1831814,0543,5170$77.25$1.72
Jan 2024Permian Resources2293653,2922,7020$74.15$3.18
Dec 2023Permian Resources17801,6611,4560$71.90$2.52
Nov 2023Permian Resources6708896690$77.69$2.71
Oct 2023Permian Resources1513521,0944940$85.64$2.98
Sep 2023Permian Resources1721861,0094090$89.43$2.64
Aug 2023Permian Resources2031691,0103900$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorPermian Resources Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 42723, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.