Operator Transparency Profile · Sample

Every operator is publicly graded.
Owners decide before they negotiate.

No more black-box landmen. No more "trust us, we're a good company." Every operator on Landlock has a public, verified track record. Owners see the data, the disputes, the drilling intent — and price accordingly.

PR

Permian Resources Operating LLC

NYSE: PR · Midland, TX · Founded 2017 · Public · Active 5 basins
Landlock Grade: A ✓ KYC Verified✓ Pays in escrow ✓ AOR-cleared title⚠ 1 active dispute
81
12-mo Avg FDS
34Leases signed (12 mo)
89%Counter acceptance rate
$2,180Avg bonus / ac
24%Avg royalty granted
100%On-time payment rate
2.1dAvg counter response time
4Active rigs in basin
2Lifetime arbitrations

Recent Lease Outcomes (verified)

Sourced from county records + on-platform deals. Anonymized where required.

Date
Tract / Owner
Bonus
Royalty
FDS
2026-04-26
Sec 22 Blk 38 · Smith Family Trust · 160 NMA
$2,400
25.0%
78
2026-04-12
Sec 23 Blk 38 · Anonymous · 80 NMA
$2,500
25.0%
82
2026-03-28
Sec 14 Blk 38 · Anonymous · 240 NMA
$2,400
25.0%
79
2026-03-15
Sec 11 Blk 38 · Henderson Heirs · 80 NMA
$2,150
22.5%
71
2026-02-28
Sec 12 Blk 38 · Anonymous · 120 NMA
$2,300
25.0%
76
2026-02-12
Sec 19 Blk 38 · Mendoza Family · 200 NMA
$1,950
22.0%
62
2026-01-22
Sec 8 Blk 39 · Anonymous · 80 NMA
$2,200
25.0%
74

Owner Ratings — Bidirectional Trust

Owners rate operators (and vice versa) after every signed lease.

Avg ratings (47 reviews)
Communication clarity★★★★★ 4.8
Counter responsiveness★★★★★ 4.7
Payment promptness★★★★★ 5.0
Honored lease terms★★★★☆ 4.5
Drilling reliability★★★★★ 4.6
Transparency★★★★★ 4.8
Recent owner comments
"They came up to a fair number quickly. Check hit escrow the day we signed. Easiest leasing experience I've ever had."
— Smith Family Trust · April 2026
"FDS made it impossible to be lowballed. They tried $2,000. Once they saw the comp data we both saw, they came up. That's what fair looks like."
— Anonymous · March 2026

Active Drilling Intent — Permian Basin

Permits, rigs, modeled spud probabilities — pulled from RRC + platform.

Active rigs
SMITH 14-2H · Sec 14, Blk 38
Wolfcamp A · Spud 2024-08-01
388 BOPD
SMITH 14-1H · Sec 14, Blk 38
Wolfcamp A · Spud 2023-02-14
412 BOPD
SMITH 22-3H (planned) · Sec 22, Blk 38
Wolfcamp A · 87% spud probability (12 mo)
PERMIT FILED
HENDERSON 11-1H · Sec 11, Blk 38
Spraberry Lower · Spud 2026-01-15
521 BOPD
2026 Q1 permit pipeline
11 permits filed · 7 spud · 4 in queue · 0 abandoned
Capital allocated to basin (2026): $1.8B
Acreage owned/operated: 84,000 net
Acreage leased through Landlock: 5,440 (6.5%)

Dispute & Litigation Record

All disputes — open or closed — disclosed publicly.

2024-06-12
Closed
Deduction dispute — Anonymous owner, Sec 19 Blk 39
Operator initially deducted gathering & treating costs from royalty. Resolved in mediation. Operator refunded $14,200 + interest.
⚠ Resolved in owner's favor
2023-02-04
Closed
Continuous drilling clause challenge — Anonymous owner
Owner alleged 200-day gap between wells. Operator demonstrated 175 days based on rig release date. Settled.
✓ Settled — both sides
2026-04-01
Open
Royalty calculation dispute — Anonymous owner
Owner alleges miscalculation on March 2026 check. Under review by Landlock arbitration. ETA: ~30 days.
⚠ Active

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