Permian Resources Q2 2026: Delaware Basin Permits, Spuds & Acquisitions

Permian Resources reported Q2 average production of 376.4 MBoe/d, including 198.1 MBbls/d of oil. The company also reported approximately 54,000 net leasehold acres and 20,000 net royalty acres added through roughly 190 transactions for $1.05 billion. The company raised the midpoint of full-year oil guidance to 199.0 MBbls/d.

The state-record layer is more specific. In the current EnergyNetWatch pull, New Mexico carries the larger permit and reported-spud footprint under the filed Permian Resources Operating, LLC label. A separate Earthstone Operating, LLC label also appears in the source records. Its 17 New Mexico permits are kept outside the primary Permian Resources total because the filed label is different. Texas has a smaller current permit layer under the same operating name. The two states are shown separately because their source clocks and record structures are different.

For the recurring operator view, use the Permian Resources operator brief. This page preserves the Q2 event and the current TX/NM record comparison.

Q2 company figures

Permian Resources also reported negative Waha pricing during Q2 and said it curtailed a portion of high-GOR production. It discussed power and compression optimization as part of its cost and runtime work. Those are company statements. The state records below do not identify the related service or contract relationships, or prove a particular facility project.

Current EnergyNetWatch record check

The 126 New Mexico permits in this table are limited to the direct Permian Resources Operating, LLC label. The separate Earthstone Operating, LLC label contributes 17 New Mexico permits, but those rows are excluded rather than presented as Permian Resources activity.

The New Mexico permit and spud rows are based on different fields in the New Mexico records. Texas reported-spud signals are a separate table and are older for this operator than the latest Texas permit row. No single number here represents all Permian Resources drilling nationwide.

For a current operator view, the app keeps these records available by state, operator label, county, and source date. That makes it possible to move from this Q2 snapshot to the underlying permit, spud, well, production, and facility records without treating them as one combined company total.

New Mexico counties

The current New Mexico pull therefore shows more permits in Eddy County, while Lea has more of the reported spud rows in the same 90-day view. That is a difference in the source-record stage appearing in each county. It is not a production forecast and does not identify the acreage acquired in Q2.

Texas rows with valid county treatment include 6 permits in Reeves County during the 90-day window and 2 in Ward County. Several other raw rows use place names or unresolved county joins and are excluded from this public table pending review.

Production-month context

The current production rollup has May 2026 as the latest complete month for the primary numbered operator rows.

These are state production records. They are not added to the company's Q2 MBoe/d figure. Non-numbered duplicate rows were left out rather than treated as a second company total.

What the records show

The company release reports the scale and cost of the acquisition program. The state records show where current filings are appearing under the operating label. In the direct-label New Mexico county rows, Eddy accounts for 95 of 126 90-day permits and Lea accounts for the remaining 31, while Lea accounts for 20 of 30 90-day spud rows. The permit and spud records are concentrated in different counties at the current stage of the data.

The Texas permit layer is smaller and is visible in Reeves and Ward. The current records do not assign a particular permit to the Q2 acquisition program, so the page keeps the acreage transaction and state filings as separate evidence layers.

The Texas facility layer also contains explicit Permian Resources Operating LLC rows, including 192 OTHER and 68 TANK_BATTERY records in Reeves County. Reagan has 27 OTHER records, with a latest source date of July 14, 2026. These are record categories and dates, not a claim that the facilities were built for the Q2 acreage transactions.

What to watch next

• Whether Texas permit activity continues to appear under the Permian Resources Operating label after the August 7 permit clock.
• Whether the older Texas reported-spud layer catches up to the current permit layer.
• Whether future state filings identify the Ward County bolt-on or another acquired area by name or operator label.
• Whether New Mexico Lea and Eddy continue to show different permit-to-spud timing.
• Whether facility records remain concentrated in Reeves and Reagan under the direct operator label.

How to read the comparison

The company table reports Permian Resources' consolidated Q2 result, acquisition activity, and guidance. The state tables report public records under specific operator labels and source dates. A permit is not a reported spud, and neither table identifies the acreage, contractor, or facility associated with a Q2 transaction unless the source record says so.

Sources and definitions

The company figures come from Permian Resources' Q2 2026 results. Texas records are based on the Texas Railroad Commission public data sets. New Mexico records are based on New Mexico Oil Conservation Division source records.

Permits, reported spuds, production records, and facility records are separate layers. A permit is not a spud, a spud is not a completion, and a facility row is not proof of an award, contract, ownership, or in-service status.

For current operator records, aliases, permits, wells, production histories, infrastructure records, exports, alerts, and API access, request EnergyNetWatch access.

What to request

The useful follow-up is a current Permian Resources operator table with the Texas and New Mexico labels kept separate. Add county detail, permit and reported-spud dates, production-month rows, and facility records when the question is tied to a specific area.

Frequently Asked Questions

Are the permit counts a company-wide total?

No. They are counts for the named state-record labels and windows shown in the tables. The page does not add them into a national total.

Do the Q2 acquisitions explain the county counts?

Not from these records alone. The company reported the acquisitions, while the state records identify permits and spuds by operator label and county. A row must identify the transaction before it can be tied to the acquired acreage.

What is the latest production month?

May 2026 is the latest complete month for the primary numbered operator rows in this pull. That production layer is separate from the company's Q2 daily production figure.