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Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
Home / Operators / GRAVES STATE

GRAVES STATE

RRC oil lease 40374, district 10 · WOLFBONE (TREND AREA) field · Reeves County · operated by PERMIAN RESOURCES OPERATING, LLC

GRAVES STATE at a glance

Oil output in Mar 2026–May 2026 was down 55% from the same three months a year earlier. Over the last 12 months it reported 509,763 BBL of oil and 1,305,551 MCF of gas. In May 2026, the latest month not marked provisional, it reported 32,613 BBL and 100,511 MCF.

509.8KBBL oil, last 12 months▲ 4% vs prior 12
1.3MMCF gas, last 12 months▲ 73% vs prior 12
$3,470.08est. gross royalty for May 2026 at decimal
14new permits in Reeves County this month

Royalty = (32,613 BBL × $97.31 WTI, Sep 2026, EIA + 100,511 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

025K50K75K100KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

0100K200KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

GRAVES STATE production history in brief

By oil-equivalent volume over the last 12 months, GRAVES STATE ranks #9 of 5,919 reporting leases in Reeves County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak oil month in that window was Mar 2025 at 93,255 BBL. The lease is in the WOLFBONE (TREND AREA) field and is operated by PERMIAN RESOURCES OPERATING, LLC; production is reported for the lease as a whole, not per well.

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New permits nearby

New drilling permits issued this month in Reeves County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-13PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 DW301HB12,447
2026-10-13TRP OPERATING LLCSLASH1D9,000
2026-10-13TRP OPERATING LLCWILLIAMS1D9,000
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 AW101HA12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 BW101HB12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 CW201HB12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 EW302HB12,447
2026-10-09PETRO-HUNT PERMIAN, LLCCOTTONMOUTH STATE 33-72 FW401HB12,447
2026-10-07CONTINENTAL RESOURCES, INC.MACCHIATO 0211A01H15,831
2026-10-01WWM OPERATING, LLCWAHA/FROST3C2,550

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)26,55449,085
Jun 2026 (provisional)26,98763,018
May 202632,613100,511
Apr 202632,68985,506
Mar 202636,975135,461
Feb 202637,546142,694
Jan 202644,273137,640
Dec 202545,408139,021
Nov 202550,289132,209
Oct 202556,941112,251
Sep 202556,590102,177
Aug 202562,898105,978
Jul 202571,726113,257
Jun 202564,17395,699
May 202562,36383,055
Apr 202569,68391,275
Mar 202593,255123,826
Feb 202575,64465,941
Jan 2025128905
Dec 202411,41922,093
Nov 202412,05553,884
Oct 202410,80833,903
Sep 202411,05643,748
Aug 20249,84028,550
Jul 202412,63038,259
Jun 202412,49835,993
May 202412,84247,445
Apr 202413,89247,239
Mar 202414,55345,520
Feb 202414,03137,207
Jan 202413,39849,453
Dec 202314,53140,977
Nov 202313,39044,572
Oct 202314,20850,265
Sep 202316,99649,251
Aug 202313,41650,704

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 40374). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.