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Texas oil lease

Producing

STUDLEY DN WEST C 21-30

Studley DN West C 21-30 is an oil lease in Reagan County, Texas, operated by De Central Operating, LLC in the Spraberry (Trend Area) field.

1 well

32,787bbl oil, last 12 months−79% vs prior year
RRC lease
7C-22504

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
608,488 mcf
Oil in Jul 2026
1,717 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 79% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 79% over the last 12 monthsMonthly oil production and gas for STUDLEY DN WEST C 21-30, Jul 2024 to Jul 2026. Oil output fell 79% over the last 12 months. 32,787 bbl in the 12 months through Jul 2026, against 158,296 bbl in the 12 months before.Last 12 months: 32,787 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 79% over the last 12 monthsMonthly oil production and gas for STUDLEY DN WEST C 21-30, Jul 2024 to Jul 2026. Oil output fell 79% over the last 12 months. 32,787 bbl in the 12 months through Jul 2026, against 158,296 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100kJul 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 17.9% 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 DN WEST C 21-30 gas by disposition code each month, Jul 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.9% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.9%Jul 24OctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of STUDLEY DN WEST C 21-30 gas by disposition code each month, Jul 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.9% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 17.9%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 605,971 mcf

  • Flared (4)

    0.4% · 2,517 mcf

0.4% of the gas flared in the last 12 months. 2 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, Jul 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCJul 2024 to Feb 2025De Central Operating, LLCMar 2025 to now
Operators of this lease over timeDe IV Operating, LLC, Jul 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCJul 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 DN WEST C 21-30
API numberWell no.Status
42-383-415974303HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Apr 1, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Apr 1, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Apr 1, 2024

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

796.30 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 DN West C 21-30
API numberWell no.Acreson the permit
42-383-415974303H796.30

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

Estimate your royalty

25 months, newest first

Ledger for STUDLEY DN WEST C 21-30
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central1,7171,71947,51747,5170$80.46$2.89
Jun 2026De Central1,9301,92842,69342,593100$84.81$3.15
May 2026De Central2,1392,13745,56445,47391$102.13$2.94
Apr 2026De Central2,2252,25147,92847,9280$100.32$2.77
Mar 2026De Central2,4362,42052,57552,395180$91.38$3.04
Feb 2026De Central2,3152,32046,64546,62916$64.51$3.62
Jan 2026De Central2,6942,67753,78653,643143$60.04$7.72
Dec 2025De Central2,9762,96858,55858,188370$57.97$4.26
Nov 2025De Central3,3833,37753,89753,8970$60.06$3.79
Oct 2025De Central3,6183,63654,05354,03023$60.89$3.19
Sep 2025De Central3,6753,67853,00751,4131,594$63.96$2.97
Aug 2025De Central3,6793,68752,26552,2650$64.86$2.91
Jul 2025De Central5,0725,09151,03651,0360$68.39$3.20
Jun 2025De Central5,5365,53850,71650,7160$68.17$3.02
May 2025De Central6,3166,30058,73558,7350$62.17$3.12
Apr 2025De Central6,9076,91857,96657,9660$63.54$3.42
Mar 2025De Central7,9817,97963,48663,4860$68.24$4.12
Feb 2025De IV8,1108,11059,70259,7020$71.53$4.19
Jan 2025De IV10,13110,13568,81368,8130$75.74$4.13
Dec 2024De IV11,82511,82771,18571,1850$70.12$3.01
Nov 2024De IV14,51514,52781,88081,8800$69.95$2.12
Oct 2024De IV19,75019,81379,55979,5590$71.99$2.20
Sep 2024De IV27,06027,05066,08864,9191,169$70.24$2.28
Aug 2024De IV35,09335,08032,40432,38618$76.68$1.99
Jul 2024De IV12,63612,51810,3908,5321,858$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.

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Nearby

Spraberry (Trend Area) field

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