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Producing

STATE PINK FLOYD EAST K 1218-2

State Pink Floyd East K 1218-2 is an oil lease in Reagan County, Texas, operated by De Central Operating, LLC in the Spraberry (Trend Area) field.

2 wells

69,662bbl oil, last 12 months−72% vs prior year
Operator
De Central Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22399

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
985,738 mcf
Oil in Jul 2026
3,631 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: De Central Operating, LLC took over from De IV Operating, LLC in Mar 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

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 72% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for STATE PINK FLOYD EAST K 1218-2, Mar 2024 to Jul 2026. Oil output fell 72% over the last 12 months. 69,662 bbl in the 12 months through Jul 2026, against 247,508 bbl in the 12 months before.Last 12 months: 69,662 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for STATE PINK FLOYD EAST K 1218-2, Mar 2024 to Jul 2026. Oil output fell 72% over the last 12 months. 69,662 bbl in the 12 months through Jul 2026, against 247,508 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 14.9% of the gas in May 2024.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of STATE PINK FLOYD EAST K 1218-2 gas by disposition code each month, Mar 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 14.9% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 14.9%Apr 24JulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of STATE PINK FLOYD EAST K 1218-2 gas by disposition code each month, Mar 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 14.9% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 14.9%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 979,591 mcf

  • Flared (4)

    0.6% · 6,147 mcf

0.6% 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 Mar 2025

Operators of this lease over timeDe IV Operating, LLC, Mar 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCMar 2024 to Feb 2025De Central Operating, LLCMar 2025 to now
Operators of this lease over timeDe IV Operating, LLC, Mar 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCMar 2024 to Feb 2025De Central Operating, LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on STATE PINK FLOYD EAST K 1218-2
API numberWell no.Status
42-383-414904411HActive
42-383-414914211HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2024–
Canes Midstream G&p LLCCasinghead gasBuys74Mar 1, 2025–
Brazos Midland Gas, LLCCasinghead gasBuys19Mar 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys7Mar 1, 2025–
Canes Midstream G&p LLCCasinghead gasGathers74Mar 1, 2025–
Brazos Midland Gas, LLCCasinghead gasGathers19Mar 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers7Mar 1, 2025–
Brazos Midland Gas, LLCCasinghead gasGathers28Mar 1, 2024Mar 1, 2025
Canes Midstream G&p LLCCasinghead gasGathers71Mar 1, 2024Mar 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers1Mar 1, 2024Mar 1, 2025
Brazos Midland Gas, LLCCasinghead gasBuys28Mar 1, 2024Mar 1, 2025
Canes Midstream G&p LLCCasinghead gasBuys71Mar 1, 2024Mar 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys1Mar 1, 2024Mar 1, 2025

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

Who buys my oilOil price check

824.90 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 State Pink Floyd East K 1218-2
API numberWell no.Acreson the permit
42-383-414904411H824.90
42-383-414914211H824.90

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

29 months, newest first

Ledger for STATE PINK FLOYD EAST K 1218-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central3,6313,64263,34263,160182$80.46$2.89
Jun 2026De Central3,3483,32664,20763,429778$84.81$3.15
May 2026De Central3,9273,90868,07968,0763$102.13$2.94
Apr 2026De Central4,2704,27467,51367,47340$100.32$2.77
Mar 2026De Central4,9434,98575,91375,662251$91.38$3.04
Feb 2026De Central4,8854,85378,16778,11651$64.51$3.62
Jan 2026De Central5,4545,45686,54585,627918$60.04$7.72
Dec 2025De Central6,8456,84291,59090,1151,475$57.97$4.26
Nov 2025De Central7,0107,01794,27493,788486$60.06$3.79
Oct 2025De Central7,3707,36898,61597,3521,263$60.89$3.19
Sep 2025De Central8,3988,42896,26695,926340$63.96$2.97
Aug 2025De Central9,5819,572101,227100,867360$64.86$2.91
Jul 2025De Central10,84410,860105,275104,1741,101$68.39$3.20
Jun 2025De Central11,33111,32594,59494,346248$68.17$3.02
May 2025De Central15,98416,033101,198100,354844$62.17$3.12
Apr 2025De Central17,57317,569103,130101,5901,540$63.54$3.42
Mar 2025De Central16,96916,920120,346117,9812,365$68.24$4.12
Feb 2025De IV17,27117,295112,864111,6491,215$71.53$4.19
Jan 2025De IV20,09820,125115,836114,6451,191$75.74$4.13
Dec 2024De IV23,75523,773121,900115,3556,545$70.12$3.01
Nov 2024De IV24,70624,680112,873105,4617,412$69.95$2.12
Oct 2024De IV29,47829,472107,804106,0011,803$71.99$2.20
Sep 2024De IV30,89530,90885,94982,0413,908$70.24$2.28
Aug 2024De IV28,60428,53365,01257,3747,638$76.68$1.99
Jul 2024De IV37,61437,68878,11272,8525,260$81.80$2.07
Jun 2024De IV43,17543,21971,66468,6163,048$79.77$2.54
May 2024De IV47,67547,69069,43859,09410,344$80.02$2.12
Apr 2024De IV50,66250,61861,03855,8455,193$85.35$1.60
Mar 2024De IV31,26631,14535,33232,5022,830$81.28$1.49

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

OperatorDe Central Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

De Central Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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