Texas oil lease
ProducingWTG UNIT 4-232
WTG Unit 4-232 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-19660
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 164,194 mcf
- Oil in Jul 2026
- 1,127 bbl
Production by month
Oil output fell 16% 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 Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 42.8% of the gas in Aug 2023.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
90% · 147,488 mcf
Flared (4)
5.4% · 8,930 mcf
Lease fuel (1)
4.7% · 7,776 mcf
5.4% of the gas flared in the last 12 months. 14 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 |
|---|---|---|
| 42-383-39781 | 1H | 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 | Jul 1, 2019 | May 1, 2021 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Jul 1, 2019 | May 1, 2021 |
| Rio Energy International, Inc. | Oil | Gathers | 100 | Jul 1, 2019 | Dec 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,432.79 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 |
|---|---|---|---|---|
| 42-383-39781 | 1H | Jan 12, 2017 | May 20, 2017 | 1,432.79 |
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 | 1,127 | 1,102 | 14,127 | 13,447 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,107 | 1,071 | 13,895 | 12,570 | 665 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,154 | 1,204 | 13,755 | 12,555 | 545 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,125 | 1,196 | 13,089 | 7,897 | 4,540 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,189 | 1,121 | 14,618 | 13,682 | 276 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,123 | 1,096 | 12,850 | 12,234 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,167 | 1,220 | 11,813 | 11,236 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,262 | 1,214 | 13,257 | 9,705 | 2,873 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,100 | 1,140 | 13,319 | 12,702 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,209 | 1,251 | 14,506 | 13,838 | 30 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,224 | 1,205 | 14,263 | 13,603 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,280 | 1,207 | 14,702 | 14,019 | 1 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,300 | 1,409 | 14,787 | 14,171 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 1,281 | 1,277 | 14,091 | 13,717 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 1,357 | 1,381 | 14,860 | 14,290 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,375 | 1,370 | 14,268 | 13,575 | 170 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,455 | 1,378 | 14,496 | 13,937 | 2 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 1,346 | 1,467 | 12,772 | 12,054 | 195 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 1,320 | 1,209 | 13,203 | 12,341 | 305 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 1,487 | 1,459 | 13,482 | 13,154 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 1,383 | 1,367 | 12,771 | 12,178 | 290 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 1,470 | 1,457 | 14,377 | 14,093 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 1,414 | 1,500 | 14,205 | 13,487 | 80 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 1,490 | 1,450 | 14,292 | 12,306 | 1,568 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 1,528 | 1,523 | 12,854 | 12,642 | 212 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 1,520 | 1,521 | 12,702 | 12,642 | 60 | $79.77 | $2.54 |
| May 2024Permian Resources | 1,562 | 1,516 | 10,738 | 8,051 | 2,687 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 1,429 | 1,475 | 11,992 | 11,992 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 1,667 | 1,736 | 13,205 | 12,773 | 432 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 1,802 | 1,728 | 11,862 | 10,574 | 1,288 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 1,518 | 1,543 | 8,015 | 7,618 | 397 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 1,497 | 1,494 | 10,407 | 9,207 | 1,200 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 2,119 | 2,117 | 12,802 | 12,034 | 768 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 2,032 | 2,001 | 7,076 | 6,523 | 553 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 1,367 | 1,243 | 5,624 | 3,579 | 2,045 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 1,387 | 1,430 | 5,406 | 3,091 | 2,315 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reagan County
- UNIVERSITY 09 10-15 ALLOC 03
18,367 bbl
- WEATHERBY 1225-1226 A
13,599 bbl
- WEATHERBY 1225-1226 ALLOC 06
16,859 bbl
- UNIVERSITY 09A
16,105 bbl
- BOOTHE 236-6 ALLOC 06
7,946 bbl
- ORTEGA
13,995 bbl
- RCR RE 1 180
16,150 bbl
- TUCKER RE 1 194
5,994 bbl
- CHICO EAST 2-28 ALLOC 02
17,282 bbl
- MALONE 1-3 A
12,414 bbl
Spraberry (Trend Area) field
- HOLT E 130-132 (ALLOC-F)
4,113 bbl
- ZEKE EAST I 22-21
17,244 bbl
- DORCUS
14,912 bbl
- VON GONTEN 160-161 (ALLOC-F)
7,241 bbl
- HAMMAN 30F
13,983 bbl
- PEACH A 231-224
18,429 bbl
- UNIVERSITY "58-32"
19,240 bbl
- UNIVERSITY 09A
16,105 bbl
- VON GONTEN 160-161 (ALLOC-C)
7,834 bbl
- UNIVERSITY 10-11B
14,479 bbl
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