Texas oil lease
ProducingWTG UNIT 5-234 B
WTG Unit 5-234 B is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
4 wells
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-19793
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 149,566 mcf
- Oil in Jul 2026
- 1,802 bbl
Production by month
Oil output fell 19% 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 2025 the lease's gas goes to a transmission line instead of lease fuel
Flaring peaked at 78.9% 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)
87% · 130,178 mcf
Lease fuel (1)
10% · 15,376 mcf
Flared (4)
2.7% · 4,012 mcf
2.7% of the gas flared in the last 12 months. 15 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.
4 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-39962 | 3HM | Active |
| 42-383-40708 | 4BL | Shut-in |
| 42-383-40709 | 5BU | Shut-in |
| 42-383-40710 | 6BL | 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).
589.38 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.
- Good to know
The wells on this lease state different acreage
The permits state between 589.38 and 1,229.37 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-40708 | 4BL | Aug 2, 2019 | Nov 2, 2019 | 589.38 |
| 42-383-40709 | 5BU | Aug 1, 2019 | Oct 17, 2019 | 589.38 |
| 42-383-40710 | 6BL | Aug 1, 2019 | Oct 6, 2019 | 589.38 |
| 42-383-39962 | 3HM | Aug 14, 2017 | Dec 23, 2017 | 1,229.37 |
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 | 1,802 | 1,784 | 15,161 | 13,797 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,708 | 1,681 | 13,704 | 12,385 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,555 | 1,643 | 13,561 | 12,198 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,587 | 1,617 | 13,154 | 9,112 | 2,722 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,575 | 1,602 | 11,552 | 10,044 | 150 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,388 | 1,357 | 11,414 | 10,227 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,231 | 1,142 | 12,723 | 11,457 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,194 | 1,238 | 10,398 | 9,102 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 994 | 1,149 | 7,267 | 6,144 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,105 | 1,219 | 9,486 | 7,324 | 855 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,305 | 1,344 | 17,052 | 15,643 | 285 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 751 | 765 | 14,094 | 12,745 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 496 | 432 | 10,021 | 8,985 | 200 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 710 | 756 | 13,012 | 10,380 | 1,730 | $68.17 | $3.02 |
| May 2025Permian Resources | 698 | 624 | 16,452 | 13,045 | 2,714 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 564 | 446 | 16,104 | 14,620 | 472 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 0 | 46 | 505 | 234 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 120 | 474 | 9,229 | 7,963 | 115 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 964 | 954 | 26,190 | 24,820 | 440 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 3,458 | 3,473 | 67,982 | 67,250 | 220 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 3,063 | 3,080 | 58,491 | 56,354 | 1,917 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 3,440 | 3,377 | 64,185 | 63,658 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 3,165 | 3,421 | 60,897 | 53,370 | 6,850 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 3,309 | 3,037 | 57,899 | 53,968 | 3,133 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 2,978 | 2,972 | 59,503 | 59,503 | 0 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 3,085 | 3,081 | 59,568 | 59,555 | 13 | $79.77 | $2.54 |
| May 2024Permian Resources | 2,734 | 2,775 | 55,284 | 44,570 | 10,714 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 3,197 | 3,117 | 63,420 | 63,420 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 3,365 | 3,429 | 65,194 | 64,353 | 841 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 3,081 | 3,004 | 60,565 | 53,775 | 6,790 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 3,460 | 3,464 | 60,651 | 55,812 | 4,839 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 3,360 | 3,525 | 62,261 | 58,612 | 3,649 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 4,989 | 5,005 | 67,512 | 63,477 | 4,035 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 5,881 | 5,892 | 72,043 | 65,329 | 6,714 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 4,748 | 4,723 | 69,639 | 37,243 | 32,396 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 4,364 | 4,327 | 60,077 | 12,654 | 47,423 | $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
- HUGHES WEST
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- AKATOR
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- UNIVERSITY 09 10-15 ALLOC 03
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- WEATHERBY 1225-1226 A
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Spraberry (Trend Area) field
- COATES -B- - MARATHON UNIT 1
15,338 bbl
- SHANNON ESTATE NE
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- UNIVERSITY E2-34F
20,531 bbl
- TURNER H
14,119 bbl
- UL BOSS HOGG K
20,081 bbl
- UNIVERSITY E2-30D
12,038 bbl
- ROGERS 35
21,386 bbl
- CHRISTI G
13,824 bbl
- DAISY 4
20,361 bbl
- TAYLOR A 14-16 (ALLOC-A)
7,370 bbl
Leases within 10 km
- OWENS, ELLA
0 bbl · 0.7 km
- WTG UNIT 5-234
35,423 bbl · 0.8 km
- HICKMAN, N. W.
0 bbl · 0.8 km
- HICKMAN A
0 bbl · 1 km
- HICKMAN, N. W. "234"
59 bbl · 1.1 km
- WTG 5-233 A
8,404 bbl · 1.4 km
- WTG 5-233
15,164 bbl · 1.4 km
- SECTION 235-220 ALLOC 01
30,860 bbl · 1.6 km
- OWENS "220"
0 bbl · 1.8 km
- SECTION 235-220 ALLOC 03
10,609 bbl · 1.8 km
Drilling permits within 10 km
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Permit 0907959 · May 13, 2025
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Permit 0907958 · May 13, 2025
CHEDDAR D 202-176 #4H
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Permit 0904024 · Nov 15, 2024
CHEDDAR E 202-176 #5H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9.9 km
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ULANDS 48 3-13 D #334H
new drill · horizontal · Permian Resources Operating, LLC · Reagan County · 4.3 km
Permit 0899333 · May 7, 2024