Skip to content
Royalty Clerk

Texas oil lease

Producing

WOODS 218

Woods 218 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.

Oil lease dossier

815bbl oil, last 12 months−50% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-20703

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
205,202 mcf
Oil in Jul 2026
126 bbl

Production by month

Oil output fell 50% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for WOODS 218, Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 815 bbl in the 12 months through Jul 2026, against 1,641 bbl in the 12 months before.Last 12 months: 815 bblbbl per monthmcf per month005010k10020k15030k20040k25050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for WOODS 218, Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 815 bbl in the 12 months through Jul 2026, against 1,641 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005010k10020k15030k20040k25050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 60.1% of the gas in May 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WOODS 218 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 60.1% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 60.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WOODS 218 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 60.1% of the gas in May 2026.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 60.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 200,483 mcf

  • Flared (4)

    2.3% · 4,719 mcf

2.3% of the gas flared in the last 12 months. 6 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2020–
Cogent Midstream Logistics, LLCCasinghead gasGathers100Mar 1, 2020Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys100Mar 1, 2020Nov 1, 2023

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

Who buys my oilOil price check

1,947.50 acres on the newest permit

Check your decimal on this lease
Permits for Woods 218
API numberWell no.Acreson the permit
42-235-3614037HA1,947.50
42-383-3962412HA1,947.50

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

36 months, newest first

Ledger for WOODS 218
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources12611731,56731,50364$80.46$2.89
Jun 2026Permian Resources306,7846,75034$84.81$3.15
May 2026Permian Resources0212,5521,0171,535$102.13$2.94
Apr 2026Permian Resources101,6011,6010$100.32$2.77
Mar 2026Permian Resources10513521,22320,939284$91.38$3.04
Feb 2026Permian Resources11012621,99121,9910$64.51$3.62
Jan 2026Permian Resources14212128,53627,975561$60.04$7.72
Dec 2025Permian Resources14510141,92441,154770$57.97$4.26
Nov 2025Permian Resources1909,6168,1941,422$60.06$3.79
Oct 2025Permian Resources21061,9941,9940$60.89$3.19
Sep 2025Permian Resources71018,30718,3070$63.96$2.97
Aug 2025Permian Resources9111719,10719,05849$64.86$2.91
Jul 2025Permian Resources95018,23418,132102$68.39$3.20
Jun 2025Permian Resources9811917,37517,3750$68.17$3.02
May 2025Permian Resources11212318,54818,5399$62.17$3.12
Apr 2025Permian Resources8314318,21418,19717$63.54$3.42
Mar 2025Permian Resources15715118,55418,17510$68.24$4.12
Feb 2025Permian Resources15313517,52916,981102$71.53$4.19
Jan 2025Permian Resources16613418,54618,00656$75.74$4.13
Dec 2024Permian Resources15613018,91418,30483$70.12$3.01
Nov 2024Permian Resources14113317,18317,10083$69.95$2.12
Oct 2024Permian Resources22125416,61816,456162$71.99$2.20
Sep 2024Permian Resources8413615,98015,88892$70.24$2.28
Aug 2024Permian Resources17513416,58216,54438$76.68$1.99
Jul 2024Permian Resources16926916,69915,2491,450$81.80$2.07
Jun 2024Permian Resources20012316,81116,8047$79.77$2.54
May 2024Permian Resources19526617,05116,736315$80.02$2.12
Apr 2024Permian Resources20513617,09116,718373$85.35$1.60
Mar 2024Permian Resources23627318,03717,706331$81.28$1.49
Feb 2024Permian Resources24326317,34417,110234$77.25$1.72
Jan 2024Permian Resources24313418,84817,6581,190$74.15$3.18
Dec 2023Permian Resources20725619,69818,833865$71.90$2.52
Nov 2023Permian Resources19326019,16119,06893$77.69$2.71
Oct 2023Earthstone Operating,20510420,65420,167487$85.64$2.98
Sep 2023Earthstone Operating,16320019,07118,562509$89.43$2.64
Aug 2023Earthstone Operating,11310515,20514,322883$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area) R 40 ExcCountyReagan County

Permian Resources Operating, LLC in Reagan County

All Permian Resources Operating, LLC leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

New drilling permits in Reagan County

Newest in the county: this lease has no coordinates.