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Texas oil lease

Producing

TOYAH LAKE 4

Toyah Lake 4 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

3 wells

1,237bbl oil, last 12 months−53% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-42882

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
11,850 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Mar 31, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for TOYAH LAKE 4, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 1,237 bbl in the 12 months through Jul 2026, against 2,643 bbl in the 12 months before.Last 12 months: 1,237 bblbbl per monthmcf per month002002,5004005,0006007,50080010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for TOYAH LAKE 4, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 1,237 bbl in the 12 months through Jul 2026, against 2,643 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 52.3% of the gas in Feb 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of TOYAH LAKE 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 52.3% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: plant to lineFlared 52.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of TOYAH LAKE 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 52.3% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Nov 25: plant to lineFlared 52.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    60% · 8,688 mcf

  • Processing plant (3)

    38% · 5,556 mcf

  • Flared (4)

    1.3% · 193 mcf

1.3% of the gas flared in the last 12 months. 6 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating,…Nov 2024 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on TOYAH LAKE 4
API numberWell no.Status
42-389-331881Active
42-389-336774Active
42-389-336783Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Kinetik Holdings LPOilGathers90Mar 31, 2026–
Enterprise Crude Oil LLCOilGathers10Mar 31, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasGathers100Mar 31, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Mar 31, 2026
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Mar 31, 2026
Bridger Transportation, LLCOilGathers50Aug 1, 2014Mar 31, 2026
Shell Trading (Us) CompanyOilGathers50Dec 23, 2013Mar 31, 2026

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

Who buys my oilOil price check

398.28 acres on the newest permit

Check your decimal on this lease
Permits for Toyah Lake 4
API numberWell no.Acreson the permit
42-389-336783398.28
42-389-336774398.28
42-389-331881398.28

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

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What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for TOYAH LAKE 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources00000$80.46$2.89
Jun 2026Permian Resources223000$84.81$3.15
May 2026Permian Resources1651651,2261,2251$102.13$2.94
Apr 2026Permian Resources1681631,6581,544114$100.32$2.77
Mar 2026Permian Resources92768798790$91.38$3.04
Feb 2026Permian Resources011000$64.51$3.62
Jan 2026Permian Resources68753873870$60.04$7.72
Dec 2025Permian Resources1991971,4921,4920$57.97$4.26
Nov 2025Permian Resources1411453,2393,16178$60.06$3.79
Oct 2025Permian Resources1321291,5731,5730$60.89$3.19
Sep 2025Permian Resources1411549839830$63.96$2.97
Aug 2025Permian Resources1291314134130$64.86$2.91
Jul 2025Permian Resources1761803663660$68.39$3.20
Jun 2025Permian Resources1701645875870$68.17$3.02
May 2025Permian Resources1831741,6341,6340$62.17$3.12
Apr 2025Permian Resources1511494714710$63.54$3.42
Mar 2025Permian Resources19022540138120$68.24$4.12
Feb 2025Permian Resources226201661315346$71.53$4.19
Jan 2025Permian Resources2252982882880$75.74$4.13
Dec 2024Permian Resources2231531641640$70.12$3.01
Nov 2024Permian Resources1891767337285$69.95$2.12
Oct 2024OXY USA2832938128111$71.99$2.20
Sep 2024OXY USA32931978675630$70.24$2.28
Aug 2024OXY USA2982973042977$76.68$1.99
Jul 2024OXY USA3474193062997$81.80$2.07
Jun 2024OXY USA41034762453589$79.77$2.54
May 2024OXY USA3353332,9892,9890$80.02$2.12
Apr 2024OXY USA2822588,8318,78348$85.35$1.60
Mar 2024OXY USA034,1964,17026$81.28$1.49
Feb 2024OXY USA31423,5553,53916$77.25$1.72
Jan 2024OXY USA1951994,7054,7023$74.15$3.18
Dec 2023OXY USA3603995,9815,9810$71.90$2.52
Nov 2023OXY USA6326194,6534,6530$77.69$2.71
Oct 2023OXY USA2572526,3736,193180$85.64$2.98
Sep 2023OXY USA29628347643541$89.43$2.64
Aug 2023OXY USA3733801,0801,0764$81.39$2.58

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

OperatorPermian Resources Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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