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Texas oil lease

Producing

STATE SARAH LINK 3-2-4W

State Sarah Link 3-2-4W is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

1 well

21,939bbl oil, last 12 months+58% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-52124

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
83,287 mcf
Oil in Jul 2026
2,130 bbl

Production by month

Oil output rose 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for STATE SARAH LINK 3-2-4W, Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 21,939 bbl in the 12 months through Jul 2026, against 13,877 bbl in the 12 months before.Last 12 months: 21,939 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for STATE SARAH LINK 3-2-4W, Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 21,939 bbl in the 12 months through Jul 2026, against 13,877 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kJan 24JulJan 25JulJan 26Jul

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)
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of STATE SARAH LINK 3-2-4W gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: plant to lineFlared 19.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of STATE SARAH LINK 3-2-4W gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of gas by disposition code0%50%100%Nov 25: plant to lineFlared 19.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    49% · 41,153 mcf

  • Processing plant (3)

    47% · 39,525 mcf

  • Flared (4)

    2.1% · 1,742 mcf

  • Lease fuel (1)

    1.0% · 867 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

Operators of this lease over timeOXY USA Inc., Jan 2020 to Aug 2021; Colgate Operating, LLC, Sep 2021 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Mar 2023OXY USA Inc.Jan 2020 to Aug 2021Colgate Operating, LLCSep 2021 to Feb 2023Permian Resources Operating,…Mar 2023 to now
Operators of this lease over timeOXY USA Inc., Jan 2020 to Aug 2021; Colgate Operating, LLC, Sep 2021 to Feb 2023; Permian Resources Operating, LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Mar 2023OXY USA Inc.Jan 2020 to Aug 2021Colgate Operating, LLCSep 2021 to Feb 2023Permian Resources Operating, LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STATE SARAH LINK 3-2-4W
API numberWell no.Status
42-389-3758014HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers25Jan 1, 2022–
Pilot Travel Centers LLCOilGathers25Jan 1, 2022–
Plains Pipeline L.p.OilGathers25Jan 1, 2022–
Shell Trading (Us) CompanyOilGathers25Jan 1, 2022–
Energy Transfer CompanyCasinghead gasBuys100Apr 13, 2019–
Energy Transfer CompanyCasinghead gasGathers100Apr 13, 2019–
Pilot Travel Centers LLCOilGathers50Sep 1, 2021Jan 1, 2022
Plains Pipeline L.p.OilGathers50Sep 1, 2021Jan 1, 2022
Plains Pipeline L.p.OilGathers100Apr 13, 2019Sep 1, 2021

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

Who buys my oilOil price check

1,285.08 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 Sarah Link 3-2-4W
API numberWell no.Acreson the permit
42-389-3758014H1,285.08

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

Unit decimal checker

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for STATE SARAH LINK 3-2-4W
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources2,1302,2127,7267,487151$80.46$2.89
Jun 2026Permian Resources2,4182,3379,9749,8610$84.81$3.15
May 2026Permian Resources2,0382,0597,6817,6000$102.13$2.94
Apr 2026Permian Resources2,1442,2299,5949,5000$100.32$2.77
Mar 2026Permian Resources1,9941,8657,1197,0330$91.38$3.04
Feb 2026Permian Resources1,9591,9675,8895,8200$64.51$3.62
Jan 2026Permian Resources1,3251,3275,5034,3701,075$60.04$7.72
Dec 2025Permian Resources1,6221,6776,3756,3120$57.97$4.26
Nov 2025Permian Resources1,7551,7232,8062,638140$60.06$3.79
Oct 2025Permian Resources1,8441,8127,0376,9670$60.89$3.19
Sep 2025Permian Resources1,3011,2966,0865,660376$63.96$2.97
Aug 2025Permian Resources1,4091,4097,4977,4300$64.86$2.91
Jul 2025Permian Resources1,5751,5915,1695,1280$68.39$3.20
Jun 2025Permian Resources1,3521,3364,2604,2290$68.17$3.02
May 2025Permian Resources1,4741,4636,5366,4940$62.17$3.12
Apr 2025Permian Resources7066961,1371,1250$63.54$3.42
Mar 2025Permian Resources33371,00795841$68.24$4.12
Feb 2025Permian Resources2032088007900$71.53$4.19
Jan 2025Permian Resources5695751,3341600$75.74$4.13
Dec 2024Permian Resources1,2451,2444,8803,4110$70.12$3.01
Nov 2024Permian Resources1,6081,6035,4183,3170$69.95$2.12
Oct 2024Permian Resources1,5551,5546,4594,0110$71.99$2.20
Sep 2024Permian Resources1,5841,6008,2485,9860$70.24$2.28
Aug 2024Permian Resources1,9731,95810,7408,5141$76.68$1.99
Jul 2024Permian Resources1,7991,8759,7737,2453$81.80$2.07
Jun 2024Permian Resources2,1102,11711,6898,7231$79.77$2.54
May 2024Permian Resources2,3662,3486,4873,39718$80.02$2.12
Apr 2024Permian Resources1,9841,9837,4534,7010$85.35$1.60
Mar 2024Permian Resources2,1732,1958,0445,086189$81.28$1.49
Feb 2024Permian Resources2,7602,73810,8028,0932$77.25$1.72
Jan 2024Permian Resources1,8201,8256,9174,26312$74.15$3.18
Dec 2023Permian Resources2,2012,25411,1168,3845$71.90$2.52
Nov 2023Permian Resources1,9741,99312,2079,4500$77.69$2.71
Oct 2023Permian Resources2,0061,94311,1288,2670$85.64$2.98
Sep 2023Permian Resources2,1982,19510,2486,853699$89.43$2.64
Aug 2023Permian Resources2,2732,2659,4666,5980$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.

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Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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