Skip to content
Royalty Clerk

Texas oil lease

Producing

STATE PINK FLOYD EAST M 1218-2

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

1 well

37,458bbl oil, last 12 months−70% vs prior year
Operator
De Central Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22392

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
710,443 mcf
Oil in Jul 2026
2,165 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 70% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 70% over the last 12 monthsMonthly oil production and gas for STATE PINK FLOYD EAST M 1218-2, Mar 2024 to Jul 2026. Oil output fell 70% over the last 12 months. 37,458 bbl in the 12 months through Jul 2026, against 124,541 bbl in the 12 months before.Last 12 months: 37,458 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 70% over the last 12 monthsMonthly oil production and gas for STATE PINK FLOYD EAST M 1218-2, Mar 2024 to Jul 2026. Oil output fell 70% over the last 12 months. 37,458 bbl in the 12 months through Jul 2026, against 124,541 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100kJul 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 15.2% 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 M 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 15.2% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.2%Apr 24JulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of STATE PINK FLOYD EAST M 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 15.2% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 15.2%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 706,102 mcf

  • Flared (4)

    0.6% · 4,341 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.

1 well on this lease

Wells on STATE PINK FLOYD EAST M 1218-2
API numberWell no.Status
42-383-414924313HActive

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

815.35 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 M 1218-2
API numberWell no.Acreson the permit
42-383-414924313H815.35

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 M 1218-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central2,1652,17353,63853,485153$80.46$2.89
Jun 2026De Central2,0322,01953,86753,215652$84.81$3.15
May 2026De Central2,4912,47956,10956,1063$102.13$2.94
Apr 2026De Central2,6892,69155,16955,13633$100.32$2.77
Mar 2026De Central2,9502,97454,38454,201183$91.38$3.04
Feb 2026De Central2,7962,77854,49654,46432$64.51$3.62
Jan 2026De Central3,1583,15761,89161,229662$60.04$7.72
Dec 2025De Central3,3303,32863,02562,0161,009$57.97$4.26
Nov 2025De Central3,4683,47361,69061,367323$60.06$3.79
Oct 2025De Central3,7653,76265,88365,051832$60.89$3.19
Sep 2025De Central4,0014,01763,89563,669226$63.96$2.97
Aug 2025De Central4,6134,60866,39666,163233$64.86$2.91
Jul 2025De Central4,8604,86668,02667,330696$68.39$3.20
Jun 2025De Central5,5845,57965,44865,269179$68.17$3.02
May 2025De Central6,9156,92775,14374,466677$62.17$3.12
Apr 2025De Central7,2507,26171,86270,7531,109$63.54$3.42
Mar 2025De Central8,1598,13777,27675,7581,518$68.24$4.12
Feb 2025De IV8,1108,12774,10273,302800$71.53$4.19
Jan 2025De IV9,8609,86683,92483,064860$75.74$4.13
Dec 2024De IV11,41611,42887,62383,0314,592$70.12$3.01
Nov 2024De IV12,13712,12383,31977,8455,474$69.95$2.12
Oct 2024De IV14,66814,66976,21374,9581,255$71.99$2.20
Sep 2024De IV16,32216,32762,46059,6662,794$70.24$2.28
Aug 2024De IV19,26019,26259,53152,9986,533$76.68$1.99
Jul 2024De IV23,59123,60155,84652,1373,709$81.80$2.07
Jun 2024De IV25,77025,79442,08240,3191,763$79.77$2.54
May 2024De IV29,08129,10337,07231,4305,642$80.02$2.12
Apr 2024De IV30,67330,62635,93932,7793,160$85.35$1.60
Mar 2024De IV17,01216,94917,07615,7971,279$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.

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

OperatorDe Central Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

De Central Operating, LLC in Reagan County

All De Central Operating, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km