Texas oil lease
ProducingWTG 5-233
WTG 5-233 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20035
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 207,666 mcf
- Oil in Jul 2026
- 1,077 bbl
Production by month
Oil output fell 21% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since May 2025 the lease's gas goes to a transmission line instead of lease fuel
Flaring peaked at 54.8% of the gas in Sep 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
93% · 192,582 mcf
Lease fuel (1)
3.7% · 7,728 mcf
Flared (4)
3.5% · 7,356 mcf
3.5% of the gas flared in the last 12 months. 16 months above 3%.
Who has run this lease
The operator changed once, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC Jan 2020 to Oct 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-40322 | 1BU | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Pipeline L.p. | Oil | Gathers | 50 | Dec 1, 2019 | – |
| Plains Marketing, L.p. | Oil | Gathers | 40 | Aug 1, 2024 | – |
| Energy Trans Crude Marketing LLC | Oil | Gathers | 10 | Aug 1, 2024 | – |
| Etc South Permian Midstream LLC | Casinghead gas | Buys | 100 | Aug 1, 2024 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 1, 2024 | – |
| Wtg South Permian Midstream LLC | Casinghead gas | Gathers | 100 | May 1, 2021 | Aug 1, 2024 |
| Wtg South Permian Midstream LLC | Casinghead gas | Buys | 100 | May 1, 2021 | Aug 1, 2024 |
| Plains Marketing, L.p. | Oil | Gathers | 50 | Dec 1, 2019 | Aug 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Dec 1, 2019 | May 1, 2021 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Dec 1, 2019 | May 1, 2021 |
| Davis Gas Processing, Inc. | Casinghead gas | Gathers | 100 | Sep 21, 2018 | Dec 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
798.15 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.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-40322 | 1BU | Jul 3, 2018 | Sep 21, 2018 | 798.15 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 1,077 | 1,069 | 22,629 | 21,973 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,147 | 1,145 | 21,465 | 20,808 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,231 | 1,321 | 26,932 | 26,252 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,093 | 1,087 | 16,154 | 11,122 | 4,462 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,161 | 1,193 | 19,754 | 19,058 | 20 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,164 | 1,060 | 17,037 | 16,422 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,196 | 1,221 | 18,293 | 17,688 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,320 | 1,385 | 16,275 | 15,474 | 134 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,453 | 1,384 | 16,130 | 14,627 | 890 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,365 | 1,381 | 10,433 | 7,929 | 1,850 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,450 | 1,457 | 12,170 | 11,514 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,507 | 1,639 | 10,394 | 9,715 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,667 | 1,595 | 8,811 | 8,107 | 75 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 1,704 | 1,715 | 8,576 | 6,907 | 1,014 | $68.17 | $3.02 |
| May 2025Permian Resources | 1,707 | 1,762 | 5,989 | 4,993 | 380 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,681 | 1,642 | 622 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,877 | 1,907 | 5,888 | 5,213 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 1,726 | 1,715 | 6,703 | 6,067 | 50 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 1,760 | 1,647 | 1,993 | 1,308 | 88 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 2,299 | 2,234 | 2,091 | 1,573 | 190 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 1,268 | 1,221 | 181 | 0 | 50 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 324 | 369 | 301 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 2,590 | 2,794 | 921 | 200 | 505 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 636 | 514 | 237 | 195 | 0 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 1,424 | 1,436 | 24,575 | 24,575 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 2,241 | 2,252 | 24,575 | 24,575 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 1,901 | 1,870 | 16,607 | 12,759 | 3,848 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 1,460 | 1,505 | 18,014 | 18,014 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 2,206 | 2,213 | 28,747 | 28,605 | 142 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 2,166 | 2,118 | 28,159 | 25,419 | 2,740 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 2,401 | 2,443 | 25,776 | 24,936 | 840 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 2,443 | 2,444 | 26,073 | 25,704 | 369 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 2,626 | 2,676 | 25,620 | 24,605 | 1,015 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 2,741 | 2,625 | 20,265 | 19,179 | 1,086 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 2,348 | 2,393 | 12,015 | 8,156 | 3,859 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 2,168 | 2,138 | 12,463 | 5,882 | 6,581 | $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
Permian Resources Operating, LLC in Reagan County
- TSRH UNIT 28N
8,668 bbl
- HALFMANN 1214
13,356 bbl
- SECTION 235-220 ALLOC 01
16,555 bbl
- UNIVERSITY 47-48
10,739 bbl
- HUGHES WEST
21,859 bbl
- AKATOR
10,347 bbl
- WTG UNIT 5-234 B
16,195 bbl
- UNIVERSITY 09 10-15 ALLOC 03
18,367 bbl
- WEATHERBY 1225-1226 A
13,599 bbl
- WEATHERBY 1225-1226 ALLOC 06
16,859 bbl
Spraberry (Trend Area) field
- UNIVERSITY 3-15B
19,045 bbl
- TXL STATE U A3
20,949 bbl
- CHEVRON "43"
22,150 bbl
- UL KRIS F
20,511 bbl
- BROOK D-SW4E
22,027 bbl
- UL KRIS A
20,794 bbl
- LANE TR E 43-42 (ALLOC-D)
9,485 bbl
- BROOK A-4C
8,717 bbl
- SILER HOPE 4-43 E
6,856 bbl
- BROOK A-E2E
10,953 bbl
Leases within 10 km
- WTG 5-233 A
8,404 bbl · 0 km
- WTG UNIT 5-234
35,423 bbl · 0.4 km
- HICKMAN A
0 bbl · 0.5 km
- HICKMAN, N. W.
0 bbl · 1.1 km
- WTG UNIT 5-234 B
16,195 bbl · 1.3 km
- WTG UNIT 4-232 A
38,366 bbl · 1.5 km
- HICKMAN, N. W. -A-
9,938 bbl · 1.5 km
- HICKMAN RE 1 223
1,236 bbl · 1.5 km
- HICKMAN
0 bbl · 1.7 km
- HICKMAN, N. W. "234"
59 bbl · 1.8 km
Drilling permits within 10 km
HICKMAN CT #2212UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 3.1 km
Permit 0907959 · May 13, 2025
HICKMAN BT #2211UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 3.2 km
Permit 0907958 · May 13, 2025
CHEDDAR E 202-176 #5H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 8.6 km
Permit 0904026 · Nov 15, 2024
CHEDDAR D 202-176 #4H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 8.6 km
Permit 0904024 · Nov 15, 2024
CHEDDAR C 202-176 #3H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 8.9 km
Permit 0904023 · Nov 15, 2024