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Texas oil lease

Producing

PANAMINT

Panamint is an oil lease in Martin County, Texas, operated by Oxyrock Operating, LLC in the Spraberry (Trend Area) field.

6 wells

369,924bbl oil, last 12 months−55% vs prior year
RRC lease
08-62356

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin 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 lease

Production by month

Oil output fell 55% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for PANAMINT, Aug 2024 to Jul 2026. Oil output fell 55% over the last 12 months. 369,924 bbl in the 12 months through Jul 2026, against 815,956 bbl in the 12 months before.Last 12 months: 369,924 bblbbl per monthmcf per month0050k50k100k100k150k150k200k200kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for PANAMINT, Aug 2024 to Jul 2026. Oil output fell 55% over the last 12 months. 369,924 bbl in the 12 months through Jul 2026, against 815,956 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k50k100k100k150k150k200k200kJan 25JulJan 26Jul

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)
99% of the gas went to a processing plant in the last 12 monthsShare of PANAMINT gas by disposition code each month, Aug 2024 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.2%Oct 24Jan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of PANAMINT gas by disposition code each month, Aug 2024 to Jul 2026. 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.Share of gas by disposition code0%50%100%Flared 8.2%Jan 25JulJan 26Jul

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

Wells on PANAMINT
API numberWell no.Status
42-317-454701HAActive
42-317-454762LMActive
42-317-454773HDActive
42-317-454784MSActive
42-317-454795HBActive
42-317-454806DNActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers50Feb 1, 2025–
Shell Trading (Us) CompanyOilGathers50Aug 20, 2024–
Enterprise Products Operating LLCCasinghead gasBuys100Feb 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Feb 1, 2025–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Aug 20, 2024Feb 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Aug 20, 2024Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers50Aug 20, 2024Feb 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.

Check your decimal on this lease
Permits for Panamint
API numberWell no.Acreson the permit
42-317-454701HA1,287
42-317-454762LM1,287
42-317-454773HD1,287
42-317-454784MS1,287
42-317-454795HB1,287
42-317-454806DN1,287

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

Estimate your royalty

24 months, newest first

Ledger for PANAMINT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202621,62121,83834,15234,1520$80.46$2.89
Jun 202621,16421,07659,44459,4440$84.81$3.15
May 202622,29222,47754,16854,023145$102.13$2.94
Apr 202625,56825,60777,25777,2570$100.32$2.77
Mar 202629,25829,09789,43289,4320$91.38$3.04
Feb 202628,19328,15484,92080,8404,080$64.51$3.62
Jan 202631,94232,10888,51488,362152$60.04$7.72
Dec 202535,40135,19784,40484,4040$57.97$4.26
Nov 202532,37232,54175,35574,938417$60.06$3.79
Oct 202537,39736,99881,11378,6032,510$60.89$3.19
Sep 202539,59240,02487,26487,090174$63.96$2.97
Aug 202545,12444,97085,64585,6450$64.86$2.91
Jul 202545,16345,32587,42487,4240$68.39$3.20
Jun 202545,47945,30279,47879,4780$68.17$3.02
May 202538,77938,50281,34781,191156$62.17$3.12
Apr 202537,40337,64182,14282,07666$63.54$3.42
Mar 202541,47041,15085,62285,6220$68.24$4.12
Feb 202541,75241,72094,07494,0740$71.53$4.19
Jan 202557,18557,277124,014123,789225$75.74$4.13
Dec 202485,97685,695168,009166,4881,521$70.12$3.01
Nov 2024109,175109,370170,941165,9405,001$69.95$2.12
Oct 2024145,309145,583165,502151,88013,622$71.99$2.20
Sep 2024136,700136,611139,073136,7232,350$70.24$2.28
Aug 202431,56531,18530,45030,4500$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.

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Nearby

Oxyrock Operating, LLC in Martin County

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Spraberry (Trend Area) field

All leases in this field →

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