Texas oil lease
ProducingSTUDLEY DN WEST G 21-30
Studley DN West G 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-22507
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 696,317 mcf
- Oil in Jul 2026
- 2,000 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 77% 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 13.5% of the gas in Jul 2024.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
100% · 693,542 mcf
Flared (4)
0.4% · 2,775 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
- 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 |
|---|---|---|
| 42-383-41600 | 4307H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Apr 1, 2024 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Apr 1, 2024 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Apr 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
954.73 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 |
|---|---|---|---|---|
| 42-383-41600 | 4307H | Dec 6, 2023 | Mar 21, 2024 | 954.73 |
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 | 2,000 | 2,006 | 55,558 | 55,558 | 0 | $80.46 | $2.89 |
| Jun 2026De Central | 2,401 | 2,388 | 50,769 | 50,643 | 126 | $84.81 | $3.15 |
| May 2026De Central | 2,083 | 2,081 | 55,031 | 54,925 | 106 | $102.13 | $2.94 |
| Apr 2026De Central | 2,162 | 2,188 | 58,507 | 58,507 | 0 | $100.32 | $2.77 |
| Mar 2026De Central | 2,380 | 2,364 | 62,240 | 62,033 | 207 | $91.38 | $3.04 |
| Feb 2026De Central | 2,245 | 2,274 | 52,345 | 52,327 | 18 | $64.51 | $3.62 |
| Jan 2026De Central | 3,978 | 3,952 | 58,952 | 58,795 | 157 | $60.04 | $7.72 |
| Dec 2025De Central | 4,373 | 4,357 | 64,533 | 64,125 | 408 | $57.97 | $4.26 |
| Nov 2025De Central | 4,343 | 4,337 | 63,160 | 63,160 | 0 | $60.06 | $3.79 |
| Oct 2025De Central | 4,686 | 4,711 | 60,184 | 60,159 | 25 | $60.89 | $3.19 |
| Sep 2025De Central | 4,975 | 4,994 | 54,790 | 53,062 | 1,728 | $63.96 | $2.97 |
| Aug 2025De Central | 5,109 | 5,102 | 60,248 | 60,248 | 0 | $64.86 | $2.91 |
| Jul 2025De Central | 5,992 | 6,003 | 60,544 | 60,544 | 0 | $68.39 | $3.20 |
| Jun 2025De Central | 5,991 | 5,999 | 55,305 | 55,305 | 0 | $68.17 | $3.02 |
| May 2025De Central | 7,493 | 7,474 | 63,709 | 63,709 | 0 | $62.17 | $3.12 |
| Apr 2025De Central | 7,943 | 7,954 | 63,010 | 63,010 | 0 | $63.54 | $3.42 |
| Mar 2025De Central | 9,214 | 9,212 | 68,276 | 68,276 | 0 | $68.24 | $4.12 |
| Feb 2025De IV | 9,477 | 9,483 | 62,995 | 62,995 | 0 | $71.53 | $4.19 |
| Jan 2025De IV | 11,923 | 11,923 | 68,785 | 68,785 | 0 | $75.74 | $4.13 |
| Dec 2024De IV | 13,697 | 13,700 | 67,397 | 67,397 | 0 | $70.12 | $3.01 |
| Nov 2024De IV | 17,058 | 17,068 | 75,074 | 75,074 | 0 | $69.95 | $2.12 |
| Oct 2024De IV | 23,195 | 23,278 | 63,045 | 63,045 | 0 | $71.99 | $2.20 |
| Sep 2024De IV | 30,040 | 29,997 | 56,748 | 55,734 | 1,014 | $70.24 | $2.28 |
| Aug 2024De IV | 37,022 | 37,006 | 30,680 | 30,668 | 12 | $76.68 | $1.99 |
| Jul 2024De IV | 9,344 | 9,232 | 8,150 | 7,048 | 1,102 | $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
- RICK DINNER EAST O 1228-1227
53,495 bbl
- HONEY SF WEST GG 11-12
49,333 bbl
- STATE O'BANNION A 1217-13
43,880 bbl
- STATE WOODERSON I 1223-14
51,051 bbl
- UL TIFFANY C 30-4
59,403 bbl
- HONEY RF EAST O 9-10
49,923 bbl
- KILLER BEE I 8-44
61,203 bbl
- HONEY SF EAST KK 11-12
48,612 bbl
- STATE O'BANNION E 1217-13
40,061 bbl
- HONEY RF WEST E 9-10
46,805 bbl
Spraberry (Trend Area) field
- BONNIE 14
66,738 bbl
- DIVIDE BALL D
60,805 bbl
- STATE O'BANNION A 1217-13
43,880 bbl
- STATE WOODERSON I 1223-14
51,051 bbl
- UL TIFFANY C 30-4
59,403 bbl
- WEST HARTGROVE UNIT 1
45,083 bbl
- CHRISTY-THOMAS 15F
57,165 bbl
- BROOK D-29F
44,338 bbl
- SHERIFF JUSTICE C
58,233 bbl
- WILDE GARNER 14EA
59,989 bbl
Leases within 10 km
- STUDLEY DN WEST EE 21-30
55,957 bbl · 0 km
- STUDLEY DN WEST E 21-30
28,251 bbl · 0 km
- STUDLEY DN WEST C 21-30
32,787 bbl · 0 km
- STUDLEY DN WEST A 21-30
71,944 bbl · 0 km
- HUGHES, CHARLES '21'
461 bbl · 0.4 km
- CREWS TRACT 2
55 bbl · 0.4 km
- MILTON A 9-20
153,574 bbl · 0.7 km
- DOSS, WANDA C. "21"
0 bbl · 0.7 km
- MILTON C 9-20
171,788 bbl · 0.7 km
- MILTON E 9-20
75,173 bbl · 0.8 km
Drilling permits within 10 km
NORTH CREEK M #0261DC
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 6.4 km
Permit 0917696 · Aug 12, 2026
NORTH CREEK B #0294SB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 6.4 km
Permit 0917692 · Aug 12, 2026
BULLHEAD #0472DC
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 6.4 km
Permit 0917686 · Aug 11, 2026
SIDEWINDER WEST G 12-8 #4307H
new drill · horizontal · De Central Operating, LLC · Reagan County · 7.9 km
Permit 0917159 · Aug 11, 2026
SIDEWINDER WEST A 12-8 #4201H
new drill · horizontal · De Central Operating, LLC · Reagan County · 7.9 km
Permit 0917155 · Aug 11, 2026