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Texas oil lease

Producing

NO RISK IT UNIT 246-245

No Risk It Unit 246-245 is an oil lease in Reeves County, Texas, operated by Greenlake Energy Operating, LLC in the Phantom (Wolfcamp) field.

7 wells

319,102bbl oil, last 12 months−51% vs prior year
Operator
Greenlake Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-60444

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
986,164 mcf
Oil in Jul 2026
17,149 bbl

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for NO RISK IT UNIT 246-245, Feb 2024 to Jul 2026. Oil output fell 51% over the last 12 months. 319,102 bbl in the 12 months through Jul 2026, against 645,465 bbl in the 12 months before.Last 12 months: 319,102 bblbbl per monthmcf per month0050k50k100k100k150k150k200k200kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for NO RISK IT UNIT 246-245, Feb 2024 to Jul 2026. Oil output fell 51% over the last 12 months. 319,102 bbl in the 12 months through Jul 2026, against 645,465 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k50k100k100k150k150k200k200kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 11.2% of the gas in Feb 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of NO RISK IT UNIT 246-245 gas by disposition code each month, Feb 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 11.2% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 11.2%Apr 24JulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of NO RISK IT UNIT 246-245 gas by disposition code each month, Feb 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 11.2% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 11.2%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 964,464 mcf

  • Flared (4)

    2.1% · 20,391 mcf

  • Lease fuel (1)

    0.1% · 1,309 mcf

2.1% of the gas flared in the last 12 months. 13 months above 3%.

7 wells on this lease

Wells on NO RISK IT UNIT 246-245
API numberWell no.Status
42-389-403414103HActive
42-389-403424108HActive
42-389-403434111HActive
42-389-403514115HActive
42-389-403544703HActive
42-389-403554707HActive
42-389-403574712HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Chevron Midstream Services, LLCOilGathers100Apr 1, 2024
Kinetik Holdings LPCasinghead gasBuys100Apr 1, 2024
Kinetik Holdings LPCasinghead gasGathers100Apr 1, 2024

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

Who buys my oilOil price check

1,280 acres on the newest permit

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for No Risk It Unit 246-245
API numberWell no.Acreson the permit
42-389-403414103H1,280
42-389-403424108H1,280
42-389-403434111H1,280
42-389-403514115H1,280
42-389-403544703H1,280
42-389-403554707H1,280
42-389-403574712H1,280

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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30 months, newest first

Ledger for NO RISK IT UNIT 246-245
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617,14917,01555,49354,842530$80.46$2.89
Jun 202621,84622,02374,52074,104416$84.81$3.15
May 202624,52624,58181,03878,7742,211$102.13$2.94
Apr 202624,31924,43776,28475,905272$100.32$2.77
Mar 202626,18325,96478,17777,142894$91.38$3.04
Feb 202620,14620,25067,21066,088995$64.51$3.62
Jan 202626,49326,38486,26582,9523,179$60.04$7.72
Dec 202528,50228,56990,11388,6341,351$57.97$4.26
Nov 202534,14834,07488,02587,205702$60.06$3.79
Oct 202530,69430,68399,92797,3722,406$60.89$3.19
Sep 202530,82030,85491,18989,0402,031$63.96$2.97
Aug 202534,27634,31097,92392,4065,404$64.86$2.91
Jul 202532,45532,44088,52283,1535,235$68.39$3.20
Jun 202536,41536,398100,57296,6103,837$68.17$3.02
May 202536,93136,80093,32289,6243,588$62.17$3.12
Apr 202534,42034,62289,73484,7934,604$63.54$3.42
Mar 202544,06644,111107,724102,1181,881$68.24$4.12
Feb 202535,12135,41476,33072,8081,938$71.53$4.19
Jan 202547,37447,251108,931104,3571,098$75.74$4.13
Dec 202454,60354,631129,427127,6061,685$70.12$3.01
Nov 202461,68661,629144,382142,3061,934$69.95$2.12
Oct 202475,29475,521165,163163,2381,758$71.99$2.20
Sep 202484,96184,935168,430161,8346,432$70.24$2.28
Aug 2024102,139102,327175,662170,3315,288$76.68$1.99
Jul 202499,06398,979165,873160,6225,012$81.80$2.07
Jun 202487,81087,936142,368135,0027,046$79.77$2.54
May 2024126,664127,032175,334169,0486,046$80.02$2.12
Apr 2024139,061139,220175,525171,5863,669$85.35$1.60
Mar 2024137,940137,564165,118158,8965,943$81.28$1.49
Feb 202410,9889,71213,88912,3311,558$77.25$1.72

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

OperatorGreenlake Energy Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Greenlake Energy Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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