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TALLEY 2

Talley 2 is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

8 wells

131bbl oil, last 12 months−88% vs prior year
RRC lease
7C-17938

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 88% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 88% over the last 12 monthsMonthly oil production and gas for TALLEY 2, Aug 2023 to Jul 2026. Oil output fell 88% over the last 12 months. 131 bbl in the 12 months through Jul 2026, against 1,096 bbl in the 12 months before.Last 12 months: 131 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 88% over the last 12 monthsMonthly oil production and gas for TALLEY 2, Aug 2023 to Jul 2026. Oil output fell 88% over the last 12 months. 131 bbl in the 12 months through Jul 2026, against 1,096 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of TALLEY 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of TALLEY 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Dec 2023

Operators of this lease over timeHibernia Resources III, LLC, Jan 2020 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2023Hibernia Resources III, LLCJan 2020 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now
Operators of this lease over timeHibernia Resources III, LLC, Jan 2020 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2023Hibernia Resources III, LLCJan 2020 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on TALLEY 2
API numberWell no.Status
42-383-387653Shut-in
42-383-390364Shut-in
42-383-390985Shut-in
42-383-392706Shut-in
42-383-393257Shut-in
42-383-395888Shut-in
42-461-380431Shut-in
42-461-386472Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Jan 1, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 1, 2016–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 1, 2016–
Medallion Operating Company, LLCOilGathers50Sep 1, 2016Jan 1, 2019
Shell Trading (Us) CompanyOilGathers50Sep 1, 2016Jan 1, 2019

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

640 acres on the newest permit

8 wells are listed on this lease

Permits for Talley 2
API numberWell no.Acreson the permit
42-383-395888640
42-383-393257640
42-383-392706640
42-383-390985640
42-383-390364640
42-383-387653640
42-461-386472640
42-461-380431640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for TALLEY 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Civitas Permian00000$80.46$2.89
Jun 2026Civitas Permian00000$84.81$3.15
May 2026Civitas Permian00000$102.13$2.94
Apr 2026Civitas Permian00000$100.32$2.77
Mar 2026Civitas Permian00000$91.38$3.04
Feb 2026Civitas Permian00000$64.51$3.62
Jan 2026Civitas Permian00000$60.04$7.72
Dec 2025Civitas Permian00000$57.97$4.26
Nov 2025Civitas Permian00000$60.06$3.79
Oct 2025Civitas Permian300000$60.89$3.19
Sep 2025Civitas Permian101278000$63.96$2.97
Aug 2025Civitas Permian00000$64.86$2.91
Jul 2025Civitas Permian00000$68.39$3.20
Jun 2025Civitas Permian00000$68.17$3.02
May 2025Civitas Permian00000$62.17$3.12
Apr 2025Civitas Permian00000$63.54$3.42
Mar 2025Civitas Permian00000$68.24$4.12
Feb 2025Civitas Permian0019190$71.53$4.19
Jan 2025Civitas Permian004654650$75.74$4.13
Dec 2024Civitas Permian004224220$70.12$3.01
Nov 2024Civitas Permian004274270$69.95$2.12
Oct 2024Civitas Permian69695725720$71.99$2.20
Sep 2024Civitas Permian1782151,2331,2330$70.24$2.28
Aug 2024Civitas Permian8498332,3542,3540$76.68$1.99
Jul 2024Civitas Permian1,5461,7023,0313,0310$81.80$2.07
Jun 2024Civitas Permian9691,0061,3561,3560$79.77$2.54
May 2024Civitas Permian1,5401,6193,7133,7130$80.02$2.12
Apr 2024Civitas Permian1,5231,5372,4192,4190$85.35$1.60
Mar 2024Civitas Permian2,8562,6434,6774,6770$81.28$1.49
Feb 2024Civitas Permian2,9492,8514,2584,2580$77.25$1.72
Jan 2024Civitas Permian7819766146140$74.15$3.18
Dec 2023Civitas Permian2862051261260$71.90$2.52
Nov 2023Hibernia Resources5805114104100$77.69$2.71
Oct 2023Hibernia Resources2,5132,5142,1272,1270$85.64$2.98
Sep 2023Hibernia Resources4,0194,0983,6883,6880$89.43$2.64
Aug 2023Hibernia Resources3,4513,3092,9352,9350$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Civitas Permian Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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