Texas oil lease
ProducingSTATE PECK 258-257-1N
State Peck 258-257-1N is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reeves County
- RRC lease
- 08-51028
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 50,172 mcf
- Oil in Jul 2026
- 1,120 bbl
Checks stopped on this lease?
- Operator
Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.
- Buyer
Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced OCCIDENTAL ENERGY MARKETING,INC. as the buyer of this lease's gas from oil wells on Mar 31, 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 47% 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
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 100.0% of the gas in Feb 2025.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
55% · 31,474 mcf
Transmission line (2)
43% · 24,670 mcf
Flared (4)
1.9% · 1,105 mcf
1.9% of the gas flared in the last 12 months. 9 months above 3%.
Who has run this lease
The operator changed once, most recently in Nov 2024
- Permian Resources Operating, LLC Nov 2024 to now
- OXY USA WTP LP Jan 2020 to Oct 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-37174 | 11H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Kinetik Holdings LP | Oil | Gathers | 90 | Mar 31, 2026 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 10 | Mar 31, 2026 | – |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 50 | Mar 31, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Buys | 50 | Mar 31, 2026 | – |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | Mar 31, 2026 | – |
| Oxy USA Wtp LP | Casinghead gas | Gathers | 100 | Sep 14, 2018 | Mar 31, 2026 |
| Occidental Energy Marketing,inc. | Casinghead gas | Buys | 100 | Sep 14, 2018 | Mar 31, 2026 |
| Bridger Transportation, LLC | Oil | Gathers | 100 | Sep 14, 2018 | Mar 31, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,282.20 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 |
|---|---|---|---|---|
| 42-389-37174 | 11H | May 23, 2018 | Sep 14, 2018 | 1,282.20 |
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 | 1,120 | 1,100 | 2,577 | 2,577 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 405 | 392 | 1,465 | 1,465 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 0 | 5 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 245 | 243 | 866 | 710 | 156 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 70 | 99 | 223 | 222 | 1 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,573 | 1,572 | 5,141 | 5,057 | 84 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,182 | 1,182 | 4,278 | 4,169 | 109 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,812 | 1,815 | 5,201 | 5,201 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,817 | 1,836 | 5,311 | 5,269 | 42 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 3,175 | 3,240 | 9,755 | 9,322 | 433 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 2,030 | 1,977 | 7,825 | 7,559 | 266 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 2,066 | 2,036 | 7,530 | 7,516 | 14 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,705 | 1,723 | 7,077 | 7,077 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 2,745 | 2,739 | 6,526 | 6,042 | 484 | $68.17 | $3.02 |
| May 2025Permian Resources | 2,033 | 2,034 | 7,677 | 7,472 | 205 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,954 | 1,945 | 5,258 | 4,932 | 326 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 2,096 | 2,100 | 8,113 | 7,671 | 442 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 2,140 | 2,156 | 5,858 | 0 | 5,858 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 2,514 | 2,503 | 10,458 | 2,259 | 8,199 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 3,008 | 3,042 | 10,254 | 10,041 | 213 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 1,818 | 1,776 | 4,108 | 4,108 | 0 | $69.95 | $2.12 |
| Oct 2024OXY USA | 3,104 | 3,127 | 9,469 | 9,457 | 12 | $71.99 | $2.20 |
| Sep 2024OXY USA | 4,445 | 4,400 | 10,595 | 10,455 | 140 | $70.24 | $2.28 |
| Aug 2024OXY USA | 1,519 | 1,501 | 3,766 | 3,766 | 0 | $76.68 | $1.99 |
| Jul 2024OXY USA | 0 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024OXY USA | 14 | 18 | 30 | 30 | 0 | $79.77 | $2.54 |
| May 2024OXY USA | 416 | 427 | 999 | 999 | 0 | $80.02 | $2.12 |
| Apr 2024OXY USA | 1,580 | 1,574 | 2,844 | 2,798 | 46 | $85.35 | $1.60 |
| Mar 2024OXY USA | 933 | 933 | 1,975 | 1,910 | 65 | $81.28 | $1.49 |
| Feb 2024OXY USA | 840 | 844 | 1,470 | 1,465 | 5 | $77.25 | $1.72 |
| Jan 2024OXY USA | 1,282 | 1,283 | 1,559 | 1,559 | 0 | $74.15 | $3.18 |
| Dec 2023OXY USA | 1,604 | 1,597 | 6,384 | 6,384 | 0 | $71.90 | $2.52 |
| Nov 2023OXY USA | 1,375 | 1,390 | 3,493 | 3,492 | 1 | $77.69 | $2.71 |
| Oct 2023OXY USA | 1,453 | 1,440 | 3,053 | 3,053 | 0 | $85.64 | $2.98 |
| Sep 2023OXY USA | 867 | 892 | 1,629 | 1,627 | 2 | $89.43 | $2.64 |
| Aug 2023OXY USA | 1,386 | 1,385 | 2,173 | 2,173 | 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
- WAKE 14-13 UNIT
167,765 mcf
- IRON EAGLE DEEP UNIT
212,469 mcf
- EADY D 4 59-60
110,494 mcf
- MCCULLOUGH 35-38-2S STATE
16,045 bbl
- PERKINS 2-3S
100,411 mcf
- LITTLE FUNDAMENTAL 4-52
96,969 mcf
- POP B 4-59 60
134,868 mcf
- COLLIE B
15,340 bbl
- HIGHLANDER EAST DEEP
14,681 bbl
- BIG HOUSE A 4 57-60
101,418 mcf
Wolfbone (Trend Area) field
- IRON MIKE WA5
10,165 bbl
- ELEPHANT 3
17,083 bbl
- WHITE EAST 30-31
16,107 bbl
- SALITOS
16,099 bbl
- MCCULLOUGH 35-38-2S STATE
16,045 bbl
- NECHES UNIT 178-179W
16,503 bbl
- MEEKER-CANADIAN UNIT 108-109W
10,512 bbl
- COLLIE B
15,340 bbl
- TUMBLER STATE A
13,455 bbl
- MDJ CALDWELL TESLA UNIT
131,566 mcf
Leases within 10 km
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0 bbl · 0.2 km
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Drilling permits within 10 km
BLACK COBRA 1-2 UNIT A #7H
new drill · horizontal · Perun Energy LLC · Reeves County · 9.6 km
Permit 0918018 · Aug 21, 2026
BLACK COBRA 1-2 UNIT B #6H
new drill · horizontal · Perun Energy LLC · Reeves County · 9.6 km
Permit 0918009 · Aug 21, 2026
BLACK COBRA 1-2 UNIT B #5H
new drill · horizontal · Perun Energy LLC · Reeves County · 9.6 km
Permit 0918007 · Aug 21, 2026
LOCH NESS STATE D #4H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.9 km
Permit 0917509 · Aug 5, 2026
LOCH NESS STATE A #1H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.3 km
Permit 0917503 · Aug 5, 2026