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Texas oil lease

Producing

ULANDS 48 2-12 A

Ulands 48 2-12 A is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

1 well

43,001bbl oil, last 12 months
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22429

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
235,392 mcf
Oil in Jul 2026
2,292 bbl

Production by month

Oil output fell 85% since Sep 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 85% since Sep 2024Monthly oil production and gas for ULANDS 48 2-12 A, Sep 2024 to Jul 2026. Oil output fell 85% since Sep 2024. Monthly average of 2,430 bbl in the latest 3 months, against 16,296 bbl in the first 3.Last 12 months: 43,001 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 85% since Sep 2024Monthly oil production and gas for ULANDS 48 2-12 A, Sep 2024 to Jul 2026. Oil output fell 85% since Sep 2024. Monthly average of 2,430 bbl in the latest 3 months, against 16,296 bbl in the first 3.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

Flaring peaked at 26.4% of the gas in Apr 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the last 12 monthsShare of ULANDS 48 2-12 A gas by disposition code each month, Sep 2024 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 26.4% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 26.4%Oct 24Jan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of ULANDS 48 2-12 A gas by disposition code each month, Sep 2024 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 26.4% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 26.4%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 224,305 mcf

  • Flared (4)

    2.4% · 5,760 mcf

  • Lease fuel (1)

    2.3% · 5,327 mcf

2.4% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on ULANDS 48 2-12 A
API numberWell no.Status
42-383-40658441 HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Apr 18, 2024–
Canes Midstream G&p LLCCasinghead gasBuys100Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers100Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers50Apr 18, 2024Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasGathers50Apr 18, 2024Aug 1, 2024
Canes Midstream G&p LLCCasinghead gasBuys50Apr 18, 2024Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys50Apr 18, 2024Aug 1, 2024

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

Who buys my oilOil price check

543.42 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.

Check your decimal on this lease
Permits for Ulands 48 2-12 A
API numberWell no.Acreson the permit
42-383-4065802HA543.42
42-383-40658441 H543.42
42-383-40658441H543.42

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

Unit decimal checker

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

23 months, newest first

Ledger for ULANDS 48 2-12 A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,2922,29817,38516,90062$80.46$2.89
Jun 20262,3502,35517,46417,03343$84.81$3.15
May 20262,6472,65017,24116,211538$102.13$2.94
Apr 20262,8212,94218,09412,8834,771$100.32$2.77
Mar 20263,2593,15019,30118,75380$91.38$3.04
Feb 20263,4103,41817,36816,91638$64.51$3.62
Jan 20264,1264,11420,34319,86125$60.04$7.72
Dec 20254,3544,34920,36919,90614$57.97$4.26
Nov 20253,8663,86919,20918,7646$60.06$3.79
Oct 20254,3974,39622,67322,19624$60.89$3.19
Sep 20254,5874,59122,71922,22246$63.96$2.97
Aug 20254,8924,89323,22622,660113$64.86$2.91
Jul 20255,2185,22224,48023,97219$68.39$3.20
Jun 20255,4315,42624,33823,730158$68.17$3.02
May 20256,0036,00926,62826,22038$62.17$3.12
Apr 20256,6476,64929,26828,698156$63.54$3.42
Mar 20257,3787,37729,88029,44332$68.24$4.12
Feb 20257,7887,77128,33027,957134$71.53$4.19
Jan 20259,5619,59332,66332,318134$75.74$4.13
Dec 202411,74811,74336,59036,286233$70.12$3.01
Nov 202414,51914,53937,69636,858736$69.95$2.12
Oct 202423,92323,90431,22030,883204$71.99$2.20
Sep 202410,44510,37910,4668,4231,861$70.24$2.28

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, LLCFieldSpraberry (Trend Area)CountyReagan County

Permian Resources Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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