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Texas oil lease

Producing

YOW STATE 38

Yow State 38 is an oil lease in Reeves County, Texas, operated by Permian Resources Operating, LLC in the Wolfbone (Trend Area) field.

5 wells

11,725bbl oil, last 12 months−16% vs prior year
Operator
Permian Resources Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-42891

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
21,239 mcf
Oil in Jul 2026
829 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Permian Resources Operating, LLC took over from OXY USA WTP LP in Nov 2024.

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP, ENTERPRISE PRODUCTS OPERATING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Mar 31, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for YOW STATE 38, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 11,725 bbl in the 12 months through Jul 2026, against 14,016 bbl in the 12 months before.Last 12 months: 11,725 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for YOW STATE 38, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 11,725 bbl in the 12 months through Jul 2026, against 14,016 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of YOW STATE 38 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plantShare of YOW STATE 38 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    76% · 26,655 mcf

  • Transmission line (2)

    24% · 8,522 mcf

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating,…Nov 2024 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Oct 2024; Permian Resources Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024OXY USA WTP LPJan 2020 to Oct 2024Permian Resources Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on YOW STATE 38
API numberWell no.Status
42-389-331731Active
42-389-334342Active
42-389-334353Active
42-389-340815HShut-in
42-389-3649111HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Kinetik Holdings LPOilGathers90Mar 31, 2026–
Enterprise Crude Oil LLCOilGathers10Mar 31, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasBuys50Mar 31, 2026–
Kinetik Holdings LPCasinghead gasGathers100Mar 31, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Mar 31, 2026
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Mar 31, 2026
Bridger Transportation, LLCOilGathers50Aug 1, 2014Mar 31, 2026
Shell Trading (Us) CompanyOilGathers50Dec 23, 2013Mar 31, 2026

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

Who buys my oilOil price check

644.74 acres on the newest permit

Check your decimal on this lease
Permits for Yow State 38
API numberWell no.Acreson the permit
42-389-3649111H644.74
42-389-340815H644.74
42-389-334342644.74
42-389-334353644.74
42-389-331731644.74

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 YOW STATE 38
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources8298181,2011,2010$80.46$2.89
Jun 2026Permian Resources8577931,0101,0100$84.81$3.15
May 2026Permian Resources9309108908900$102.13$2.94
Apr 2026Permian Resources8828551,0771,0770$100.32$2.77
Mar 2026Permian Resources8969058548540$91.38$3.04
Feb 2026Permian Resources6037566726720$64.51$3.62
Jan 2026Permian Resources1,1129987847840$60.04$7.72
Dec 2025Permian Resources9118639689680$57.97$4.26
Nov 2025Permian Resources9541,1211,0661,0660$60.06$3.79
Oct 2025Permian Resources1,1561,133000$60.89$3.19
Sep 2025Permian Resources1,0481,1241,0361,0360$63.96$2.97
Aug 2025Permian Resources1,5471,44311,68111,6810$64.86$2.91
Jul 2025Permian Resources1,2741,33413,93813,9380$68.39$3.20
Jun 2025Permian Resources1,06999612,00412,0040$68.17$3.02
May 2025Permian Resources9121,0549,7719,7710$62.17$3.12
Apr 2025Permian Resources71680010,58010,5800$63.54$3.42
Mar 2025Permian Resources1,5641,46610,79310,7930$68.24$4.12
Feb 2025Permian Resources1,1531,1624,7734,7730$71.53$4.19
Jan 2025Permian Resources1,0789899,2319,2310$75.74$4.13
Dec 2024Permian Resources1,1781,12211,40311,4030$70.12$3.01
Nov 2024Permian Resources1,3101,4002,3692,3690$69.95$2.12
Oct 2024OXY USA1,4451,4091,2421,2402$71.99$2.20
Sep 2024OXY USA8248461,1331,11815$70.24$2.28
Aug 2024OXY USA1,4931,4901,9461,9460$76.68$1.99
Jul 2024OXY USA1,3291,3431,2381,2362$81.80$2.07
Jun 2024OXY USA1,9341,8091,9781,9780$79.77$2.54
May 2024OXY USA1,2611,3591,4071,4070$80.02$2.12
Apr 2024OXY USA739900000$85.35$1.60
Mar 2024OXY USA766599000$81.28$1.49
Feb 2024OXY USA8308301391390$77.25$1.72
Jan 2024OXY USA8628177117110$74.15$3.18
Dec 2023OXY USA1,0609821931930$71.90$2.52
Nov 2023OXY USA7226862162160$77.69$2.71
Oct 2023OXY USA1,7131,9031,5891,5890$85.64$2.98
Sep 2023OXY USA719714000$89.43$2.64
Aug 2023OXY USA1,0471,1567847840$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorPermian Resources Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

Permian Resources Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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