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Texas oil lease

Producing

STATE R

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

Oil lease dossier

698bbl oil, last 12 months+8% vs prior year
Operator
Reverence Operating LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-18370

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
345 mcf
Oil in Jul 2026
57 bbl

Production by month

Oil output rose 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 8% over the last 12 monthsMonthly oil production and gas for STATE R, Aug 2023 to Jul 2026. Oil output rose 8% over the last 12 months. 698 bbl in the 12 months through Jul 2026, against 647 bbl in the 12 months before.Last 12 months: 698 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 8% over the last 12 monthsMonthly oil production and gas for STATE R, Aug 2023 to Jul 2026. Oil output rose 8% over the last 12 months. 698 bbl in the 12 months through Jul 2026, against 647 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 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 R 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 R 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)

    79% · 513 mcf

  • Transmission line (2)

    21% · 134 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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

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 R
API numberWell no.Acreson the permit
42-383-339471160
42-383-339474160
42-383-339482160
42-383-339483160

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

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36 months, newest first

Ledger for STATE R
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reverence Operating57171000$80.46$2.89
Jun 2026Reverence Operating500000$84.81$3.15
May 2026Reverence Operating540000$102.13$2.94
Apr 2026Reverence Operating65171000$100.32$2.77
Mar 2026Reverence Operating63040400$91.38$3.04
Feb 2026Reverence Operating49017170$64.51$3.62
Jan 2026Reverence Operating33077770$60.04$7.72
Dec 2025Reverence Operating641695200$57.97$4.26
Nov 2025Reverence Operating6304900$60.06$3.79
Oct 2025Reverence Operating611738100$60.89$3.19
Sep 2025Reverence Operating6802900$63.96$2.97
Aug 2025Reverence Operating710000$64.86$2.91
Jul 2025Reverence Operating381691200$68.39$3.20
Jun 2025Reverence Operating103010600$68.17$3.02
May 2025Reverence Operating405200$62.17$3.12
Apr 2025Reverence Operating281665100$63.54$3.42
Mar 2025Reverence Operating108100$68.24$4.12
Feb 2025Reverence Operating7401500$71.53$4.19
Jan 2025Reverence Operating600600$75.74$4.13
Dec 2024Reverence Operating66179000$70.12$3.01
Nov 2024Reverence Operating790000$69.95$2.12
Oct 2024Reverence Operating82169000$71.99$2.20
Sep 2024Reverence Operating2003500$70.24$2.28
Aug 2024Reverence Operating92016300$76.68$1.99
Jul 2024Reverence Operating4802400$81.80$2.07
Jun 2024Reverence Operating1170000$79.77$2.54
May 2024Reverence Operating7506200$80.02$2.12
Apr 2024Pioneer Natural700152680$85.35$1.60
Mar 2024Pioneer Natural31180132450$81.28$1.49
Feb 2024Pioneer Natural5109090$77.25$1.72
Jan 2024Pioneer Natural290125380$74.15$3.18
Dec 2023Pioneer Natural5401961090$71.90$2.52
Nov 2023Pioneer Natural77185152680$77.69$2.71
Oct 2023Pioneer Natural4602051180$85.64$2.98
Sep 2023Pioneer Natural3902741900$89.43$2.64
Aug 2023Pioneer Natural140124370$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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New drilling permits in Reagan County

Newest in the county: this lease has no coordinates.