LEASES · O-10-42439 · OIL · DISTRICT 08
Majestic State 12
Permian Resources Operating, LLC · Reeves County · Wolfbone (Trend Area) field
Majestic State 12 is an RRC oil lease (O-10-42439) in Reeves County operated by Permian Resources Operating, LLC, with 2 wells completed on it.
It has reported 281K barrels of oil and 505K mcf of gas since May 2011, last reporting volume in August 2026 (statewide data runs through August 2026).
It reported 1.5K barrels of oil in the 12 months through August 2026, down 16% on the year before; the lease peaked at 11.3K barrels in June 2011.
3 operators have filed production on it, most recently Permian Resources Operating, LLC since November 2024.
- 281K
- bbl oil, all reported
- 505K
- mcf gas incl. casinghead
- 1.5K
- bbl oil, 12 months through Aug 2026
- -16%
- vs the 12 before
- 2
- wells completed on it
- 11.3K
- peak month, bbl (Jun 2011)
PDQ LEASE REPORTS · FIRST MAY 2011 · LAST VOLUME AUG 2026 · STATEWIDE DATA THROUGH AUG 2026
Oil by month
Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.
12 months through Aug 2026 1,503 · prior 12 1,795(-16%)
Gas by month
Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.
12 months through Aug 2026 39,334 · prior 12 733
Decline curve
A MODEL FITTED TO THE REPORTS, NOT A REPORT
An Arps exponential curve fitted to the 116 reporting months of oil since the peak in Dec 2016. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.
- 27%
- first-year decline from the peak (nominal Di 31%)
- 0.0
- b factor (exponential)
- 0.76
- fit R²
- 3.68K
- bbl remaining on the curve, to 1 per month
Oil, barrels reported months since the peak, with the fitted curve and its projection
Last 12 months 1,503 · prior 12 1,795(-16%)
Fitted exponential curve from the Dec 2016 peak, dashed 24 months past the last report
| Projected month | Feb 2027 | Aug 2027 | Feb 2028 | Aug 2028 |
|---|---|---|---|---|
| On the curve, bbl per month | 83 | 71 | 61 | 52 |
Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →
Who reported it
Each run of months one operator filed the production report, oldest first, with what it reported in them.
- Thompson, J. CleoMay 2011 → Mar 2013 · 23 mo123K bbl oil · 122K mcf gas
- OXY USA WTP LPApr 2013 → Oct 2024 · 139 mo155K bbl oil · 343K mcf gas
- Permian Resources Operating, LLCNov 2024 → Nov 2026 · 25 mo3.04K bbl oil · 39.7K mcf gas
Wells on the lease
FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL
2
wells completed on the lease
- Producing
- 2
Operates them now
About this data
Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Aug 2026. Wells from completion reports; operator runs from who filed each month's report.
Developers: this page as JSON is GET /v1/data/leases/tx/o-10-42439, documented in the API reference.