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Texas oil lease

Producing

STATE "Q"

State "Q" is an oil lease in Reagan County, Texas, operated by Reverence Operating LLC in the Spraberry (Trend Area) field.

2 wells

1,954bbl oil, last 12 months+28% vs prior year
Operator
Reverence Operating LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-12618

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
830 mcf
Oil in Jul 2026
243 bbl

Production by month

Oil output rose 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for STATE "Q", Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 1,954 bbl in the 12 months through Jul 2026, against 1,530 bbl in the 12 months before.Last 12 months: 1,954 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for STATE "Q", Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 1,954 bbl in the 12 months through Jul 2026, against 1,530 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuel

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuelShare of STATE "Q" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuelShare of STATE "Q" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Jan 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    53% · 510 mcf

  • Transmission line (2)

    47% · 457 mcf

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Apr 2024; Reverence Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Pioneer Natural Res. USA, Inc.Jan 2020 to Apr 2024Reverence Operating LLCMay 2024 to now
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Apr 2024; Reverence Operating LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Pioneer Natural Res. USA, Inc.Jan 2020 to Apr 2024Reverence Operating LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on STATE "Q"
API numberWell no.Status
42-383-339251Active
42-383-339662Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Aug 1, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2024Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2024Aug 1, 2024
Indeca Crude Xpress, LLCOilGathers50May 1, 2024Aug 1, 2024
Plains Marketing, L.p.OilGathers50May 1, 2024Aug 1, 2024
Davis Gas Processing, Inc.Casinghead gasGathers100Oct 1, 2016May 1, 2024
Davis Gas Processing, Inc.Casinghead gasBuys100Oct 1, 2016May 1, 2024

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for State "Q"
API numberWell no.Acreson the permit
42-383-339662160
42-383-339251160

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE "Q"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reverence Operating24317393930$80.46$2.89
Jun 2026Reverence Operating55042420$84.81$3.15
May 2026Reverence Operating145173000$102.13$2.94
Apr 2026Reverence Operating159172000$100.32$2.77
Mar 2026Reverence Operating114174440$91.38$3.04
Feb 2026Reverence Operating21817311110$64.51$3.62
Jan 2026Reverence Operating1361731031030$60.04$7.72
Dec 2025Reverence Operating239172127470$57.97$4.26
Nov 2025Reverence Operating113171129490$60.06$3.79
Oct 2025Reverence Operating192171130500$60.89$3.19
Sep 2025Reverence Operating176173114340$63.96$2.97
Aug 2025Reverence Operating1641687700$64.86$2.91
Jul 2025Reverence Operating1681842900$68.39$3.20
Jun 2025Reverence Operating172171108240$68.17$3.02
May 2025Reverence Operating1211699280$62.17$3.12
Apr 2025Reverence Operating13601300$63.54$3.42
Mar 2025Reverence Operating2143384700$68.24$4.12
Feb 2025Reverence Operating551701200$71.53$4.19
Jan 2025Reverence Operating690200$75.74$4.13
Dec 2024Reverence Operating950700$70.12$3.01
Nov 2024Reverence Operating1161716200$69.95$2.12
Oct 2024Reverence Operating14405800$71.99$2.20
Sep 2024Reverence Operating604587300$70.24$2.28
Aug 2024Reverence Operating18009060$76.68$1.99
Jul 2024Reverence Operating70167181970$81.80$2.07
Jun 2024Reverence Operating5002001160$79.77$2.54
May 2024Reverence Operating2641672141300$80.02$2.12
Apr 2024Pioneer Natural15102001160$85.35$1.60
Mar 2024Pioneer Natural002391520$81.28$1.49
Feb 2024Pioneer Natural98179106250$77.25$1.72
Jan 2024Pioneer Natural1963778700$74.15$3.18
Dec 2023Pioneer Natural20802101230$71.90$2.52
Nov 2023Pioneer Natural177180178940$77.69$2.71
Oct 2023Pioneer Natural7408700$85.64$2.98
Sep 2023Pioneer Natural51178132480$89.43$2.64
Aug 2023Pioneer Natural3009360$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorReverence Operating LLCFieldSpraberry (Trend Area)CountyReagan County

Reverence Operating LLC in Reagan County

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Spraberry (Trend Area) field

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