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Producing

STUDLEY CW SOUTH O 23-13

Studley CW South O 23-13 is an oil lease in Reagan County, Texas, operated by De Central Operating, LLC in the Spraberry (Trend Area) field.

1 well

44,895bbl oil, last 12 months−60% vs prior year
Operator
De Central Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22460

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
450,211 mcf
Oil in Jul 2026
2,739 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 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for STUDLEY CW SOUTH O 23-13, May 2024 to Jul 2026. Oil output fell 60% over the last 12 months. 44,895 bbl in the 12 months through Jul 2026, against 112,534 bbl in the 12 months before.Last 12 months: 44,895 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for STUDLEY CW SOUTH O 23-13, May 2024 to Jul 2026. Oil output fell 60% over the last 12 months. 44,895 bbl in the 12 months through Jul 2026, against 112,534 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 9.2% of the gas in Jul 2024.

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of STUDLEY CW SOUTH O 23-13 gas by disposition code each month, May 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.2% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.2%Jul 24OctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of STUDLEY CW SOUTH O 23-13 gas by disposition code each month, May 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.2% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 9.2%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 449,504 mcf

  • Flared (4)

    0.2% · 707 mcf

0.2% of the gas flared in the last 12 months. 4 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, May 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCMay 2024 to Feb 2025De Central Operating, LLCMar 2025 to now
Operators of this lease over timeDe IV Operating, LLC, May 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCMay 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 STUDLEY CW SOUTH O 23-13
API numberWell no.Status
42-383-414844315HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 1, 2024–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys56Mar 1, 2025–
Brazos Midland Gas, LLCCasinghead gasBuys44Mar 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers56Mar 1, 2025–
Brazos Midland Gas, LLCCasinghead gasGathers44Mar 1, 2025–
Brazos Midland Gas, LLCCasinghead gasGathers22May 1, 2024Mar 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers78May 1, 2024Mar 1, 2025
Brazos Midland Gas, LLCCasinghead gasBuys22May 1, 2024Mar 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys78May 1, 2024Mar 1, 2025

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

Who buys my oilOil price check

526.66 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 Studley CW South O 23-13
API numberWell no.Acreson the permit
42-383-414844315H526.66

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

Unit decimal checker

Estimate your royalty

27 months, newest first

Ledger for STUDLEY CW SOUTH O 23-13
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central2,7392,75534,17334,1730$80.46$2.89
Jun 2026De Central2,8762,87236,04836,0480$84.81$3.15
May 2026De Central3,1033,05639,12039,1200$102.13$2.94
Apr 2026De Central2,6752,70032,65732,6570$100.32$2.77
Mar 2026De Central3,1083,09234,75534,614141$91.38$3.04
Feb 2026De Central3,4163,42934,38334,3830$64.51$3.62
Jan 2026De Central4,0734,03836,33536,3269$60.04$7.72
Dec 2025De Central4,5164,51036,42836,283145$57.97$4.26
Nov 2025De Central4,3104,28637,74037,71723$60.06$3.79
Oct 2025De Central4,2844,30841,78441,402382$60.89$3.19
Sep 2025De Central4,7724,76541,85541,8496$63.96$2.97
Aug 2025De Central5,0235,03444,93344,9321$64.86$2.91
Jul 2025De Central5,1585,14042,97542,96510$68.39$3.20
Jun 2025De Central4,6884,68132,19532,09897$68.17$3.02
May 2025De Central5,5335,52039,76639,7651$62.17$3.12
Apr 2025De Central5,9865,98837,52737,50225$63.54$3.42
Mar 2025De Central6,4296,44836,77636,74036$68.24$4.12
Feb 2025De IV6,6776,66636,50036,49010$71.53$4.19
Jan 2025De IV8,1278,11841,61841,471147$75.74$4.13
Dec 2024De IV9,1819,18245,36945,3690$70.12$3.01
Nov 2024De IV10,39410,39947,19947,16237$69.95$2.12
Oct 2024De IV12,92612,94451,28951,042247$71.99$2.20
Sep 2024De IV16,84716,86043,98643,508478$70.24$2.28
Aug 2024De IV20,58820,57354,81951,7373,082$76.68$1.99
Jul 2024De IV28,08528,14850,29545,6924,603$81.80$2.07
Jun 2024De IV27,90027,82525,95124,7471,204$79.77$2.54
May 2024De IV5,5785,5244,2964,080216$80.02$2.12

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

OperatorDe Central Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

De Central Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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