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Texas oil lease

Producing

WTG UNIT 5-234

WTG Unit 5-234 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

3 wells

35,423bbl oil, last 12 months−31% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-19452

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
724,082 mcf
Oil in Jul 2026
2,658 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for WTG UNIT 5-234, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 35,423 bbl in the 12 months through Jul 2026, against 51,518 bbl in the 12 months before.Last 12 months: 35,423 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for WTG UNIT 5-234, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 35,423 bbl in the 12 months through Jul 2026, against 51,518 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kJan 24JulJan 25JulJan 26Jul

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 62.5% of the gas in Aug 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WTG UNIT 5-234 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 62.5% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 62.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WTG UNIT 5-234 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 62.5% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 62.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 688,138 mcf

  • Flared (4)

    3.9% · 28,124 mcf

  • Lease fuel (1)

    1.1% · 7,820 mcf

3.9% of the gas flared in the last 12 months. 10 months above 3%.

Who has run this lease

The operator changed once, most recently in Nov 2023

Operators of this lease over timeEarthstone Operating, LLC, Jan 2020 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Nov 2023Earthstone Operating, LLCJan 2020 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeEarthstone Operating, LLC, Jan 2020 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Nov 2023Earthstone Operating, LLCJan 2020 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on WTG UNIT 5-234
API numberWell no.Status
42-383-396881HMActive
42-383-411267BLActive
42-383-411278BUActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.OilGathers50Dec 1, 2019–
Plains Marketing, L.p.OilGathers40Aug 1, 2024–
Energy Trans Crude Marketing LLCOilGathers10Aug 1, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2021Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2021Aug 1, 2024
Plains Marketing, L.p.OilGathers50Dec 1, 2019Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Jul 1, 2019May 1, 2021
Wtg Gas Processing, L.p.Casinghead gasBuys100Jul 1, 2019May 1, 2021
Rio Energy International, Inc.OilGathers100Jul 1, 2019Dec 1, 2019

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

Who buys my oilOil price check

640 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 640 and 1,760.79 acres. Use the acres from your own division order for the well you are paid on.

  • 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.

Check your decimal on this lease
Permits for WTG Unit 5-234
API numberWell no.Acreson the permit
42-383-411267BL640
42-383-411278BU640
42-383-396881HM1,760.79

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 WTG UNIT 5-234
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources2,6582,46669,73269,0500$80.46$2.89
Jun 2026Permian Resources2,7922,84169,76768,595512$84.81$3.15
May 2026Permian Resources2,6652,70260,24759,5680$102.13$2.94
Apr 2026Permian Resources2,7522,98567,15743,84322,667$100.32$2.77
Mar 2026Permian Resources2,9882,95866,14165,4660$91.38$3.04
Feb 2026Permian Resources2,6832,70660,19259,5762$64.51$3.62
Jan 2026Permian Resources3,3173,38667,42566,312459$60.04$7.72
Dec 2025Permian Resources3,8583,82866,27465,57736$57.97$4.26
Nov 2025Permian Resources2,8772,65836,67735,670379$60.06$3.79
Oct 2025Permian Resources2,2802,57639,64235,0533,949$60.89$3.19
Sep 2025Permian Resources3,2243,11859,55558,775120$63.96$2.97
Aug 2025Permian Resources3,3293,27761,27360,6530$64.86$2.91
Jul 2025Permian Resources3,1813,15053,86452,644602$68.39$3.20
Jun 2025Permian Resources3,0313,37450,73048,0801,990$68.17$3.02
May 2025Permian Resources3,2433,17753,30647,4835,188$62.17$3.12
Apr 2025Permian Resources3,1393,07849,33548,316370$63.54$3.42
Mar 2025Permian Resources3,2543,00248,86648,2500$68.24$4.12
Feb 2025Permian Resources3,1843,53554,72252,7561,376$71.53$4.19
Jan 2025Permian Resources4,4424,41474,46472,889942$75.74$4.13
Dec 2024Permian Resources6,0056,10787,87187,444104$70.12$3.01
Nov 2024Permian Resources6,6156,61578,73975,7942,705$69.95$2.12
Oct 2024Permian Resources7,1696,91275,13474,8053$71.99$2.20
Sep 2024Permian Resources4,0924,24167,51166,606274$70.24$2.28
Aug 2024Permian Resources4,1634,05679,31872,8995,480$76.68$1.99
Jul 2024Permian Resources4,9634,85987,92383,1174,806$81.80$2.07
Jun 2024Permian Resources4,9695,10183,95683,175781$79.77$2.54
May 2024Permian Resources5,6645,61776,18359,84216,341$80.02$2.12
Apr 2024Permian Resources5,9345,86290,19089,898292$85.35$1.60
Mar 2024Permian Resources6,1726,26693,72492,5991,125$81.28$1.49
Feb 2024Permian Resources6,1426,21485,25584,1311,124$77.25$1.72
Jan 2024Permian Resources7,1557,06985,49383,6261,867$74.15$3.18
Dec 2023Permian Resources7,6147,60091,74490,5941,150$71.90$2.52
Nov 2023Permian Resources8,0288,10689,13787,3951,742$77.69$2.71
Oct 2023Earthstone Operating,8,7838,62691,75089,6842,066$85.64$2.98
Sep 2023Earthstone Operating,9,5029,61792,80769,46423,343$89.43$2.64
Aug 2023Earthstone Operating,10,40810,36297,69536,66561,030$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

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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