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Texas oil lease

Producing

BATES 43B-31-B

Bates 43B-31-B is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

2 wells

8,036bbl oil, last 12 months−36% vs prior year
RRC lease
7C-20535

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
421,779 mcf
Oil in Jul 2026
304 bbl

Production by month

Oil output fell 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for BATES 43B-31-B, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 8,036 bbl in the 12 months through Jul 2026, against 12,627 bbl in the 12 months before.Last 12 months: 8,036 bblbbl per monthmcf per month0050020k1,00040k1,50060k2,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for BATES 43B-31-B, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 8,036 bbl in the 12 months through Jul 2026, against 12,627 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050020k1,00040k1,50060k2,00080kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of BATES 43B-31-B gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of BATES 43B-31-B gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 400,916 mcf

  • Lease fuel (1)

    4.9% · 20,771 mcf

  • Flared (4)

    0.0% · 92 mcf

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on BATES 43B-31-B
API numberWell no.Status
42-383-404614404HActive
42-383-404624304HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jul 15, 2019
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 15, 2019
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 15, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,295.90 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 Bates 43B-31-B
API numberWell no.Acreson the permit
42-383-404624304H1,295.90
42-383-404614404H1,295.90

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

Estimate your royalty

36 months, newest first

Ledger for BATES 43B-31-B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural30435150,94948,3620$80.46$2.89
Jun 2026Pioneer Natural82182446,66944,6030$84.81$3.15
May 2026Pioneer Natural85784652,36049,9760$102.13$2.94
Apr 2026Pioneer Natural68368529,26628,3170$100.32$2.77
Mar 2026Pioneer Natural83182644,49842,1060$91.38$3.04
Feb 2026Pioneer Natural66766752,48749,88121$64.51$3.62
Jan 2026Pioneer Natural80780629,52828,1328$60.04$7.72
Dec 2025Pioneer Natural76481721,71819,6760$57.97$4.26
Nov 2025Pioneer Natural30624413,62812,2790$60.06$3.79
Oct 2025Pioneer Natural39441515,08114,36763$60.89$3.19
Sep 2025Pioneer Natural73373127,68226,6810$63.96$2.97
Aug 2025Pioneer Natural86985137,91336,5360$64.86$2.91
Jul 2025Pioneer Natural79080740,22738,7570$68.39$3.20
Jun 2025Pioneer Natural95395638,67137,3008$68.17$3.02
May 2025Pioneer Natural90596640,24338,545284$62.17$3.12
Apr 2025Pioneer Natural82787638,73237,3280$63.54$3.42
Mar 2025Pioneer Natural1,3281,33040,16738,7380$68.24$4.12
Feb 2025Pioneer Natural1,2741,24536,93135,5500$71.53$4.19
Jan 2025Pioneer Natural1,1351,15238,65237,0992$75.74$4.13
Dec 2024Pioneer Natural1,4551,41038,49737,0190$70.12$3.01
Nov 2024Pioneer Natural1,1251,09837,78336,42331$69.95$2.12
Oct 2024Pioneer Natural93895140,78139,1920$71.99$2.20
Sep 2024Pioneer Natural89796941,10539,5980$70.24$2.28
Aug 2024Pioneer Natural1,00091836,65135,35510$76.68$1.99
Jul 2024Pioneer Natural1,0361,04642,00240,4950$81.80$2.07
Jun 2024Pioneer Natural9811,01446,91945,3420$79.77$2.54
May 2024Pioneer Natural1,1901,18956,69354,7880$80.02$2.12
Apr 2024Pioneer Natural1,0191,05055,28952,986490$85.35$1.60
Mar 2024Pioneer Natural1,2691,34057,94755,858319$81.28$1.49
Feb 2024Pioneer Natural1,8601,82958,56656,8280$77.25$1.72
Jan 2024Pioneer Natural1,4851,48558,01256,4230$74.15$3.18
Dec 2023Pioneer Natural1,6941,69953,52852,0370$71.90$2.52
Nov 2023Pioneer Natural1,7491,78248,82147,4880$77.69$2.71
Oct 2023Pioneer Natural1,9751,92650,09448,7870$85.64$2.98
Sep 2023Pioneer Natural1,6201,60449,70648,4340$89.43$2.64
Aug 2023Pioneer Natural1,5921,59053,35152,0140$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Reagan County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

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