Texas oil lease
ProducingPANAMINT
Panamint is an oil lease in Martin County, Texas, operated by Oxyrock Operating, LLC in the Spraberry (Trend Area) field.
6 wells
- Operator
- Oxyrock Operating, LLC
- County
- Martin County
- RRC lease
- 08-62356
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 901,668 mcf
- Oil in Jul 2026
- 21,621 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: ENTERPRISE PRODUCTS OPERATING LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC as the buyer of this lease's gas from oil wells on Feb 1, 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 55% 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
99% of the gas went to a processing plant in the last 12 months
Flaring peaked at 8.2% of the gas in Oct 2024.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
99% · 894,190 mcf
Flared (4)
0.8% · 7,478 mcf
0.8% of the gas flared in the last 12 months. 3 months above 3%.
6 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-45470 | 1HA | Active |
| 42-317-45476 | 2LM | Active |
| 42-317-45477 | 3HD | Active |
| 42-317-45478 | 4MS | Active |
| 42-317-45479 | 5HB | Active |
| 42-317-45480 | 6DN | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Company | Oil | Gathers | 50 | Feb 1, 2025 | – |
| Shell Trading (Us) Company | Oil | Gathers | 50 | Aug 20, 2024 | – |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | Feb 1, 2025 | – |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Feb 1, 2025 | – |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Gathers | 100 | Aug 20, 2024 | Feb 1, 2025 |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Buys | 100 | Aug 20, 2024 | Feb 1, 2025 |
| Nustar Permian Trans and Stg,llc | Oil | Gathers | 50 | Aug 20, 2024 | Feb 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,287 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 |
|---|---|---|---|---|
| 42-317-45470 | 1HA | Aug 8, 2023 | Aug 20, 2024 | 1,287 |
| 42-317-45476 | 2LM | Aug 8, 2023 | Aug 22, 2024 | 1,287 |
| 42-317-45477 | 3HD | Aug 8, 2023 | Sep 5, 2024 | 1,287 |
| 42-317-45478 | 4MS | Aug 8, 2023 | Aug 21, 2024 | 1,287 |
| 42-317-45479 | 5HB | Aug 8, 2023 | Aug 26, 2024 | 1,287 |
| 42-317-45480 | 6DN | Aug 8, 2023 | Aug 23, 2024 | 1,287 |
Estimate your royalty
24 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 21,621 | 21,838 | 34,152 | 34,152 | 0 | $80.46 | $2.89 |
| Jun 2026 | 21,164 | 21,076 | 59,444 | 59,444 | 0 | $84.81 | $3.15 |
| May 2026 | 22,292 | 22,477 | 54,168 | 54,023 | 145 | $102.13 | $2.94 |
| Apr 2026 | 25,568 | 25,607 | 77,257 | 77,257 | 0 | $100.32 | $2.77 |
| Mar 2026 | 29,258 | 29,097 | 89,432 | 89,432 | 0 | $91.38 | $3.04 |
| Feb 2026 | 28,193 | 28,154 | 84,920 | 80,840 | 4,080 | $64.51 | $3.62 |
| Jan 2026 | 31,942 | 32,108 | 88,514 | 88,362 | 152 | $60.04 | $7.72 |
| Dec 2025 | 35,401 | 35,197 | 84,404 | 84,404 | 0 | $57.97 | $4.26 |
| Nov 2025 | 32,372 | 32,541 | 75,355 | 74,938 | 417 | $60.06 | $3.79 |
| Oct 2025 | 37,397 | 36,998 | 81,113 | 78,603 | 2,510 | $60.89 | $3.19 |
| Sep 2025 | 39,592 | 40,024 | 87,264 | 87,090 | 174 | $63.96 | $2.97 |
| Aug 2025 | 45,124 | 44,970 | 85,645 | 85,645 | 0 | $64.86 | $2.91 |
| Jul 2025 | 45,163 | 45,325 | 87,424 | 87,424 | 0 | $68.39 | $3.20 |
| Jun 2025 | 45,479 | 45,302 | 79,478 | 79,478 | 0 | $68.17 | $3.02 |
| May 2025 | 38,779 | 38,502 | 81,347 | 81,191 | 156 | $62.17 | $3.12 |
| Apr 2025 | 37,403 | 37,641 | 82,142 | 82,076 | 66 | $63.54 | $3.42 |
| Mar 2025 | 41,470 | 41,150 | 85,622 | 85,622 | 0 | $68.24 | $4.12 |
| Feb 2025 | 41,752 | 41,720 | 94,074 | 94,074 | 0 | $71.53 | $4.19 |
| Jan 2025 | 57,185 | 57,277 | 124,014 | 123,789 | 225 | $75.74 | $4.13 |
| Dec 2024 | 85,976 | 85,695 | 168,009 | 166,488 | 1,521 | $70.12 | $3.01 |
| Nov 2024 | 109,175 | 109,370 | 170,941 | 165,940 | 5,001 | $69.95 | $2.12 |
| Oct 2024 | 145,309 | 145,583 | 165,502 | 151,880 | 13,622 | $71.99 | $2.20 |
| Sep 2024 | 136,700 | 136,611 | 139,073 | 136,723 | 2,350 | $70.24 | $2.28 |
| Aug 2024 | 31,565 | 31,185 | 30,450 | 30,450 | 0 | $76.68 | $1.99 |
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
Oxyrock Operating, LLC in Martin County
- FINISHING NAIL W
428,479 bbl
- STREETS OF LAREDO E
361,712 bbl
- FINISHING NAIL W G
354,230 bbl
- STREETS OF LAREDO G
271,422 bbl
- FINISHING NAIL W E
255,085 bbl
- STREETS OF LAREDO F
208,760 bbl
- PANAMINT F
168,519 bbl
- FINISHING NAIL W F
172,248 bbl
- MASSASAUGA D
150,323 bbl
- SIDEWAYZER UNIT 1824
107,858 bbl
Spraberry (Trend Area) field
- ANTIETAM F
372,170 bbl
- TXL 20 UNIT 2
347,407 bbl
- AMOCO-HOLT
335,295 bbl
- JONES-HOLTON
309,915 bbl
- KNIGHT 130 MIPA UNIT
382,214 bbl
- LYNCH A HZ
272,174 bbl
- WILLIAMS-NAIL 5D
382,186 bbl
- ZEUS 7-6 UNIT 2
374,252 bbl
- WHEATGRASS
377,298 bbl
- UL MASON WEST UNIT
386,753 bbl
Leases within 10 km
- PANAMINT E
109,301 bbl · 0.1 km
- FIVE WAY 15
42,871 bbl · 0.3 km
- LNE 9
15,472 bbl · 0.3 km
- MASSASAUGA
95,291 bbl · 0.4 km
- LAGNIAPPE 16
13,820 bbl · 0.4 km
- PANAMINT F
168,519 bbl · 0.5 km
- MASSASAUGA G
72,035 bbl · 0.7 km
- HALL
0 bbl · 0.7 km
- MASSASAUGA D
150,323 bbl · 0.8 km
- BROWN "3-10"
6,128 bbl · 0.9 km
Drilling permits within 10 km
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 2.1 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 2.1 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 2.1 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 2.1 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 2.1 km
Permit 0918594 · Sep 17, 2026