Texas oil lease
ProducingSTATE SARAH LINK 3-2-1W
State Sarah Link 3-2-1W 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
- 08-51446
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 93,359 mcf
- Oil in Jul 2026
- 1,802 bbl
Production by month
Oil output fell 15% 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 19.5% of the gas in Jan 2026.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
49% · 45,940 mcf
Transmission line (2)
48% · 44,498 mcf
Flared (4)
2.1% · 1,959 mcf
Lease fuel (1)
1.0% · 962 mcf
2.1% of the gas flared in the last 12 months. 5 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Mar 2023
- Permian Resources Operating, LLC Mar 2023 to now
- Colgate Operating, LLC Sep 2021 to Feb 2023
- OXY USA Inc. Jan 2020 to Aug 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-37397 | 81H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Pilot Travel Centers LLC | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Plains Pipeline L.p. | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Shell Trading (Us) Company | Oil | Gathers | 25 | Jan 1, 2022 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Nov 1, 2018 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Nov 1, 2018 | – |
| Pilot Travel Centers LLC | Oil | Gathers | 50 | Sep 1, 2021 | Jan 1, 2022 |
| Plains Pipeline L.p. | Oil | Gathers | 50 | Sep 1, 2021 | Jan 1, 2022 |
| Plains Pipeline L.p. | Oil | Gathers | 100 | Nov 1, 2018 | Sep 1, 2021 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,286.02 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 |
|---|---|---|---|---|
| 42-389-37397 | 81H | Jul 19, 2018 | Nov 1, 2018 | 1,286.02 |
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 | 1,802 | 1,842 | 11,753 | 11,389 | 230 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,478 | 1,439 | 8,201 | 8,108 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,722 | 1,754 | 14,837 | 14,680 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 2,236 | 2,308 | 5,790 | 5,733 | 0 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,858 | 1,736 | 3,692 | 3,648 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,791 | 1,806 | 5,244 | 5,182 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,496 | 1,495 | 4,440 | 3,526 | 867 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,645 | 1,703 | 6,856 | 6,788 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,844 | 1,809 | 7,253 | 6,819 | 361 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,893 | 1,864 | 7,934 | 7,855 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,503 | 1,503 | 8,119 | 7,552 | 501 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 2,051 | 2,050 | 9,240 | 9,158 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 2,243 | 2,265 | 10,744 | 10,660 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 1,853 | 1,829 | 9,951 | 9,878 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 1,889 | 1,883 | 12,518 | 12,438 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,473 | 1,480 | 10,221 | 10,159 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 2,404 | 2,402 | 6,469 | 6,157 | 262 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 1,268 | 1,280 | 6,283 | 6,204 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 2,407 | 2,396 | 17,424 | 14,828 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 2,241 | 2,236 | 13,365 | 11,571 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 2,514 | 2,508 | 11,067 | 9,383 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 2,710 | 2,705 | 10,727 | 8,747 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 2,127 | 2,141 | 9,836 | 8,112 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 2,098 | 2,083 | 9,060 | 7,574 | 1 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 2,024 | 2,108 | 8,465 | 6,617 | 3 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 2,327 | 2,321 | 9,901 | 7,685 | 1 | $79.77 | $2.54 |
| May 2024Permian Resources | 2,254 | 2,254 | 5,290 | 3,161 | 17 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 2,363 | 2,370 | 7,333 | 5,170 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 2,831 | 2,811 | 7,835 | 5,445 | 202 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 2,169 | 2,212 | 7,323 | 5,443 | 1 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 2,927 | 2,917 | 8,503 | 6,469 | 19 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 3,050 | 3,112 | 10,420 | 8,306 | 5 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 2,574 | 2,555 | 8,155 | 6,203 | 0 | $77.69 | $2.71 |
| Oct 2023Permian Resources | 2,017 | 1,950 | 6,809 | 4,989 | 0 | $85.64 | $2.98 |
| Sep 2023Permian Resources | 2,125 | 2,130 | 7,247 | 4,840 | 493 | $89.43 | $2.64 |
| Aug 2023Permian Resources | 2,402 | 2,391 | 8,188 | 6,044 | 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
- WEINERT STATE 34-39-1S
23,565 bbl
- J.A. HORD WEST B
20,038 bbl
- ICEMAN C
251,365 mcf
- STATE SARAH LINK 3-2-4W
21,939 bbl
- POP 4-59 60
421,954 mcf
- PEREGRINE 27
16,058 bbl
- SAMURAI 4-49 50
253,668 mcf
- CANTALOUPE MIPA UNIT
96,410 mcf
- MATADOR 6-33
21,309 bbl
- STATE SARAH LINK 3-2-8W
20,688 bbl
Wolfbone (Trend Area) field
- VIPER 14N3
21,304 bbl
- BAD BRAINS STATE A2
23,801 bbl
- STATE SARAH LINK 3-2-4W
21,939 bbl
- VETO
23,339 bbl
- KRITI C3-6-7 WB6
21,880 bbl
- TIGER UNIT 21B5
24,581 bbl
- COUNTY LINE 2920B-C2
23,940 bbl
- TALLADEGA UNIT 2B
20,711 bbl
- ROOSTERFISH UNIT 22NW
22,599 bbl
- ICARUS C2-5-8 WB5
21,647 bbl
Leases within 10 km
- STATE SARAH LINK 3-2-2W
21,322 bbl · 0 km
- STATE SARAH LINK 3-2-7W
25,160 bbl · 0.4 km
- STATE SARAH LINK 3-2-8W
20,688 bbl · 0.4 km
- STATE SARAH LINK 3-2-9W
17,234 bbl · 0.5 km
- BARBADOS 2-3 A
108,065 mcf · 0.6 km
- BARBADOS 2-3 B
69,778 mcf · 0.7 km
- BARBADOS 2-3 C
81,617 mcf · 0.7 km
- EMILY BOSS
244,070 bbl · 0.8 km
- EMILY BOSS C
0 bbl · 0.8 km
- STATE SARAH LINK 3-2-4W
21,939 bbl · 1 km
Drilling permits within 10 km
TERRY #4
new drill · Perun Energy LLC · Reeves County · 9.8 km
Permit 0918818 · Sep 21, 2026
TERRY #3
new drill · Perun Energy LLC · Reeves County · 9.8 km
Permit 0918817 · Sep 21, 2026
ESPRESSO 0805A #01H
new drill · horizontal · Continental Resources, Inc. · Reeves County · 9.8 km
Permit 0918717 · Sep 21, 2026
TERRY #2
new drill · Perun Energy LLC · Reeves County · 9.8 km
Permit 0918816 · Sep 21, 2026
TERRY #1
new drill · Perun Energy LLC · Reeves County · 9.8 km
Permit 0918815 · Sep 21, 2026