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Texas oil lease

Producing

TRUST STATE 242

Trust State 242 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Hoefs T-K (Wolfcamp) field.

1 well

5,788bbl oil, last 12 months−71% vs prior year
Operator
Noble Energy Inc
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-48640

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
6,737 mcf
Oil in Jul 2026
579 bbl

Production by month

Oil output fell 71% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 71% over the last 12 monthsMonthly oil production and gas for TRUST STATE 242, Aug 2023 to Jul 2026. Oil output fell 71% over the last 12 months. 5,788 bbl in the 12 months through Jul 2026, against 20,253 bbl in the 12 months before.Last 12 months: 5,788 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 71% over the last 12 monthsMonthly oil production and gas for TRUST STATE 242, Aug 2023 to Jul 2026. Oil output fell 71% over the last 12 months. 5,788 bbl in the 12 months through Jul 2026, against 20,253 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.3% of the gas in Jun 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of TRUST STATE 242 gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.3% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of TRUST STATE 242 gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.3% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 5.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 6,493 mcf

  • Lease fuel (1)

    3.2% · 221 mcf

  • Transmission line (2)

    1.6% · 108 mcf

  • Flared (4)

    0.1% · 9 mcf

0.1% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on TRUST STATE 242
API numberWell no.Status
42-389-353481HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers25Oct 1, 2024–
Et Gathering & Processing LLCOilGathers25Oct 1, 2024–
Noble Energy INCOilGathers25Oct 1, 2024–
Plains Marketing, L.p.OilGathers25Oct 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Oct 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys50Oct 1, 2024–
Noble Energy INCCasinghead gasGathers100Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Apr 6, 2017Oct 1, 2024
Noble Energy INCOilGathers50Jan 1, 2023Oct 1, 2024
Plains Marketing, L.p.OilGathers50Aug 1, 2018Oct 1, 2024
Noble Midstream Services, LLCCasinghead gasGathers100Dec 1, 2019Jan 1, 2023
Noble Midstream Services, LLCOilGathers50Dec 1, 2019Jan 1, 2023
Clayton Williams Pipeline CorpCasinghead gasGathers100Apr 6, 2017Dec 1, 2019

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

Who buys my oilOil price check

640 acres on the newest permit

Permits for Trust State 242
API numberWell no.Acreson the permit
42-389-353481H640

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

Unit decimal checker

What Chevron Corporation told investors it received

Noble Energy Inc is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

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

Estimate your royalty

36 months, newest first

Ledger for TRUST STATE 242
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265795792071930$80.46$2.89
Jun 202610810843420$84.81$3.15
May 2026108108000$102.13$2.94
Apr 20261,9991,9992,0231,9490$100.32$2.77
Mar 20266046042,5822,5150$91.38$3.04
Feb 20261391391,2161,1831$64.51$3.62
Jan 20269929923993801$60.04$7.72
Dec 20256626621751652$57.97$4.26
Nov 202510810815140$60.06$3.79
Oct 202511011025240$60.89$3.19
Sep 2025108108000$63.96$2.97
Aug 202527127152482$64.86$2.91
Jul 202595195156531$68.39$3.20
Jun 202562462438352$68.17$3.02
May 2025108108000$62.17$3.12
Apr 2025177177105973$63.54$3.42
Mar 20252,0562,0567447093$68.24$4.12
Feb 20252,3852,38564360112$71.53$4.19
Jan 20252,5332,53387181316$75.74$4.13
Dec 20241,4531,45391684517$70.12$3.01
Nov 20242,3372,33785274716$69.95$2.12
Oct 20242,8082,8081,13699623$71.99$2.20
Sep 20242,4202,4201,04794020$70.24$2.28
Aug 20242,4012,4011,1631,05223$76.68$1.99
Jul 20242,1462,14689482517$81.80$2.07
Jun 20241,7141,71495387619$79.77$2.54
May 20242,7682,7681,2011,10013$80.02$2.12
Apr 20242,3102,3101,5901,56510$85.35$1.60
Mar 20242,4382,4385,2584,953120$81.28$1.49
Feb 20242,5922,5926,4796,16281$77.25$1.72
Jan 20242,2902,2905,4875,27023$74.15$3.18
Dec 20231,6221,6222,1222,02323$71.90$2.52
Nov 20239519511401341$77.69$2.71
Oct 20238908901741671$85.64$2.98
Sep 2023148148104982$89.43$2.64
Aug 202343143133731312$81.39$2.58

Flared above 3%

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

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Nearby

This lease belongs to

OperatorNoble Energy IncFieldHoefs T-K (Wolfcamp)CountyReeves County

Noble Energy Inc in Reeves County

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Hoefs T-K (Wolfcamp) field

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