Texas oil lease
ProducingSTUDLEY DN EAST M 21-30
Studley DN East M 21-30 is an oil lease in Reagan County, Texas, operated by De Central Operating, LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- De Central Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-22693
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 473,215 mcf
- Oil in Jul 2026
- 1,332 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 leaseProduction by month
Oil output fell 81% 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
Over 99% of the gas went to a processing plant in the last 12 months
Flaring peaked at 18.5% of the gas in Jul 2024.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
100% · 470,873 mcf
Flared (4)
0.5% · 2,342 mcf
0.5% of the gas flared in the last 12 months. One month above 3%.
Who has run this lease
The operator changed once, most recently in Mar 2025
- De Central Operating, LLC Mar 2025 to now
- De IV Operating, LLC Jul 2024 to Feb 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-41604 | 4413H | Active |
SourceTexas Railroad Commission Wellbore Query.
836.73 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 |
|---|---|---|---|---|
| 42-383-41604 | 4413H | Dec 6, 2023 | Mar 19, 2024 | 836.73 |
Estimate your royalty
25 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026De Central | 1,332 | 1,336 | 39,348 | 39,348 | 0 | $80.46 | $2.89 |
| Jun 2026De Central | 1,583 | 1,581 | 35,552 | 35,482 | 70 | $84.81 | $3.15 |
| May 2026De Central | 1,797 | 1,796 | 42,809 | 42,719 | 90 | $102.13 | $2.94 |
| Apr 2026De Central | 1,873 | 1,918 | 38,625 | 38,625 | 0 | $100.32 | $2.77 |
| Mar 2026De Central | 2,994 | 2,955 | 28,285 | 28,190 | 95 | $91.38 | $3.04 |
| Feb 2026De Central | 1,822 | 1,793 | 12,826 | 12,821 | 5 | $64.51 | $3.62 |
| Jan 2026De Central | 304 | 319 | 13,332 | 13,300 | 32 | $60.04 | $7.72 |
| Dec 2025De Central | 1,916 | 1,909 | 47,869 | 47,570 | 299 | $57.97 | $4.26 |
| Nov 2025De Central | 1,872 | 1,871 | 49,160 | 49,160 | 0 | $60.06 | $3.79 |
| Oct 2025De Central | 2,424 | 2,440 | 54,247 | 54,225 | 22 | $60.89 | $3.19 |
| Sep 2025De Central | 2,955 | 2,973 | 57,803 | 56,074 | 1,729 | $63.96 | $2.97 |
| Aug 2025De Central | 3,352 | 3,307 | 53,359 | 53,359 | 0 | $64.86 | $2.91 |
| Jul 2025De Central | 1,851 | 1,888 | 29,141 | 29,141 | 0 | $68.39 | $3.20 |
| Jun 2025De Central | 2,994 | 3,006 | 47,600 | 47,600 | 0 | $68.17 | $3.02 |
| May 2025De Central | 3,770 | 3,749 | 58,755 | 58,755 | 0 | $62.17 | $3.12 |
| Apr 2025De Central | 4,255 | 4,269 | 57,877 | 57,877 | 0 | $63.54 | $3.42 |
| Mar 2025De Central | 5,089 | 5,087 | 62,743 | 62,743 | 0 | $68.24 | $4.12 |
| Feb 2025De IV | 5,954 | 5,963 | 60,759 | 60,759 | 0 | $71.53 | $4.19 |
| Jan 2025De IV | 7,917 | 7,926 | 68,873 | 68,873 | 0 | $75.74 | $4.13 |
| Dec 2024De IV | 9,807 | 9,800 | 71,702 | 71,702 | 0 | $70.12 | $3.01 |
| Nov 2024De IV | 11,913 | 11,924 | 85,601 | 85,601 | 0 | $69.95 | $2.12 |
| Oct 2024De IV | 16,206 | 16,239 | 89,460 | 89,460 | 0 | $71.99 | $2.20 |
| Sep 2024De IV | 26,016 | 26,038 | 77,599 | 76,212 | 1,387 | $70.24 | $2.28 |
| Aug 2024De IV | 32,726 | 32,719 | 43,208 | 43,187 | 21 | $76.68 | $1.99 |
| Jul 2024De IV | 5,762 | 5,651 | 6,496 | 5,295 | 1,201 | $81.80 | $2.07 |
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
De Central Operating, LLC in Reagan County
- STUDLEY DN WEST E 21-30
28,251 bbl
- HONEY BEE A 20-29
37,157 bbl
- STUDLEY AV K 28-5
20,314 bbl
- RICK DINNER EAST I 1228-1227
40,317 bbl
- FRESH PRINCE F 1223-14
38,141 bbl
- HONEY BEE C 20-29
23,567 bbl
- UL KC EAST L 26-6
32,472 bbl
- PRINCE LB A2
27,065 bbl
- STUDLEY CKO WEST C 29-22
18,235 bbl
- STUDLEY CKO WEST G 29-22
16,748 bbl
Spraberry (Trend Area) field
- TSRH EAST 18-20 B
23,706 bbl
- BAILEY C
35,851 bbl
- JAIMASI 1
24,625 bbl
- BRENDA KATHRYN (SA) A
42,049 bbl
- AMACKER 66H
27,269 bbl
- SUGG 3060
38,429 bbl
- NOELIA B6
42,522 bbl
- HAM
31,535 bbl
- TURNER W2-1202C
40,834 bbl
- JAIMASI 3
39,243 bbl
Leases within 10 km
- STUDLEY DN EAST MM 21-30
63,204 bbl · 0 km
- STUDLEY DN EAST K 21-30
43,506 bbl · 0 km
- STUDLEY DN EAST O 21-30
71,624 bbl · 0 km
- STUDLEY DN EAST I 21-30
26,903 bbl · 0 km
- STUDLEY DN EAST II 21-30
51,191 bbl · 0 km
- MILTON G 9-20
143,470 bbl · 0.2 km
- MILTON E 9-20
75,173 bbl · 0.2 km
- MILTON C 9-20
171,788 bbl · 0.2 km
- MILTON A 9-20
153,574 bbl · 0.2 km
- JACKSON -A-
0 bbl · 0.4 km
Drilling permits within 10 km
NORTH CREEK M #0261DC
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 5.8 km
Permit 0917696 · Aug 12, 2026
NORTH CREEK B #0294SB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 5.8 km
Permit 0917692 · Aug 12, 2026
BULLHEAD #0472DC
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 5.8 km
Permit 0917686 · Aug 11, 2026
SIDEWINDER WEST G 12-8 #4307H
new drill · horizontal · De Central Operating, LLC · Reagan County · 8.1 km
Permit 0917159 · Aug 11, 2026
SIDEWINDER WEST A 12-8 #4201H
new drill · horizontal · De Central Operating, LLC · Reagan County · 8.2 km
Permit 0917155 · Aug 11, 2026