Texas oil lease
ProducingSTATE PECK 258-257-2N
State Peck 258-257-2N 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
- 08-51952
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 69,219 mcf
- Oil in Jul 2026
- 1,375 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 32% 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.
Transmission line (2)
70% · 48,726 mcf
Processing plant (3)
27% · 18,582 mcf
Flared (4)
2.8% · 1,911 mcf
2.8% 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 |
|---|---|---|
| 42-389-37662 | 12H | 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 | Mar 5, 2019 | Mar 31, 2026 |
| Occidental Energy Marketing,inc. | Casinghead gas | Buys | 100 | Mar 5, 2019 | Mar 31, 2026 |
| Pilot Travel Centers LLC | Oil | Gathers | 100 | Mar 5, 2019 | 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 |
|---|---|---|---|---|
| 42-389-37662 | 12H | Nov 9, 2018 | Mar 5, 2019 | 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 | 1,375 | 1,385 | 5,172 | 5,172 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,593 | 1,601 | 5,720 | 5,720 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 2,200 | 2,179 | 6,235 | 6,232 | 3 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,794 | 1,834 | 6,275 | 5,146 | 1,129 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 2,087 | 2,048 | 6,722 | 6,691 | 31 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,970 | 1,963 | 6,306 | 6,203 | 103 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,253 | 1,246 | 3,904 | 3,804 | 100 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,394 | 1,396 | 4,929 | 4,929 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,418 | 1,427 | 4,868 | 4,829 | 39 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 2,211 | 2,275 | 5,949 | 5,685 | 264 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,748 | 1,705 | 6,757 | 6,527 | 230 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,829 | 1,809 | 6,382 | 6,370 | 12 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,779 | 1,795 | 6,349 | 6,349 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 2,434 | 2,439 | 9,972 | 9,232 | 740 | $68.17 | $3.02 |
| May 2025Permian Resources | 2,306 | 2,309 | 6,873 | 6,689 | 184 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 2,325 | 2,315 | 4,411 | 4,138 | 273 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 2,505 | 2,504 | 6,321 | 5,977 | 344 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 2,278 | 2,297 | 4,361 | 0 | 4,361 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 2,673 | 2,658 | 8,435 | 1,809 | 6,626 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 3,027 | 3,062 | 7,345 | 7,192 | 153 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 1,881 | 1,833 | 4,342 | 4,342 | 0 | $69.95 | $2.12 |
| Oct 2024OXY USA | 3,197 | 3,196 | 7,825 | 7,815 | 10 | $71.99 | $2.20 |
| Sep 2024OXY USA | 2,821 | 2,822 | 6,873 | 6,782 | 91 | $70.24 | $2.28 |
| Aug 2024OXY USA | 3,508 | 3,504 | 8,742 | 8,742 | 0 | $76.68 | $1.99 |
| Jul 2024OXY USA | 3,463 | 3,469 | 8,368 | 8,355 | 13 | $81.80 | $2.07 |
| Jun 2024OXY USA | 4,366 | 4,368 | 10,666 | 10,666 | 0 | $79.77 | $2.54 |
| May 2024OXY USA | 4,641 | 4,661 | 12,481 | 12,481 | 0 | $80.02 | $2.12 |
| Apr 2024OXY USA | 6,818 | 6,798 | 14,660 | 14,423 | 237 | $85.35 | $1.60 |
| Mar 2024OXY USA | 4,599 | 4,614 | 14,127 | 13,663 | 464 | $81.28 | $1.49 |
| Feb 2024OXY USA | 5,378 | 5,380 | 10,882 | 10,842 | 40 | $77.25 | $1.72 |
| Jan 2024OXY USA | 6,048 | 5,986 | 6,272 | 6,272 | 0 | $74.15 | $3.18 |
| Dec 2023OXY USA | 0 | 0 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023OXY USA | 0 | 26 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023OXY USA | 1,783 | 1,776 | 4,290 | 4,290 | 0 | $85.64 | $2.98 |
| Sep 2023OXY USA | 1,773 | 1,818 | 3,582 | 3,579 | 3 | $89.43 | $2.64 |
| Aug 2023OXY USA | 2,619 | 2,609 | 6,407 | 6,407 | 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
- SAMURAI 4-49 50
225,894 mcf
- BARBADOS 2-3 B
69,778 mcf
- BARRACUDA H
19,742 bbl
- TIN STAR D
212,070 mcf
- THORNY ROSE B2
16,197 bbl
- BODACIOUS C7-19 A
21,238 bbl
- NINJA 4-50 49
189,476 mcf
- NARROWS 6-21
21,772 bbl
- CHAPMAN STATE 32-41-2S
20,969 bbl
- IWO JIMA 26-14 UNIT
210,713 mcf
Wolfbone (Trend Area) field
- PONY DEAL UNIT A 12
22,466 bbl
- BUZZARD ON THE RAIL
23,739 bbl
- GAUCHO STATE 14-15
22,310 bbl
- VIPER 14N12
23,231 bbl
- GRISSOM EAST 31-42
21,006 bbl
- RAWHIDE STATE
20,757 bbl
- ST ANDREWS
23,595 bbl
- UL 16 TILDEN WB2
21,008 bbl
- TERLINGUA STATE UNIT 15-17
20,186 bbl
- VIPER 14N5
18,592 bbl
Leases within 10 km
- STATE PECK 258-257-3N
18,376 bbl · 0 km
- KREPS UNIT 257 1N
16,892 bbl · 0 km
- REGAN 257
567 bbl · 0.2 km
- CWEI-CHK 256-13
0 bbl · 0.3 km
- PERRY STATE 264
2,251 bbl · 0.7 km
- STATE PECK 258-257-1N
15,495 bbl · 0.9 km
- HAGGIS STATE 13-0-264-40 A
81,384 bbl · 1 km
- HAGGIS STATE 13-0-264-40 B
72,812 bbl · 1 km
- HAGGIS STATE 13-0-264-40 C
74,483 bbl · 1 km
- KREPS 257
0 bbl · 1.3 km
Drilling permits within 10 km
LOCH NESS STATE C #3H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.6 km
Permit 0917506 · Aug 5, 2026
LOCH NESS STATE D #4H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.1 km
Permit 0917509 · Aug 5, 2026
LOCH NESS STATE A #1H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.6 km
Permit 0917503 · Aug 5, 2026
LOCH NESS STATE E #5H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 5.1 km
Permit 0917513 · Aug 5, 2026
LOCH NESS STATE B #2H
new drill · horizontal · Permian Resources Operating, LLC · Reeves County · 4.6 km
Permit 0917505 · Aug 5, 2026