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Texas oil lease

Producing

BUCHANAN-FASKEN 41A

Buchanan-Fasken 41A is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

1,381bbl oil, since Mar 2026
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-65316

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, since Mar 2026
42,441 mcf
Oil in Jul 2026
24 bbl
First check

Production started March 2026; the first check is due by about July 29, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 5 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 5 reported monthsMonthly oil production and gas for BUCHANAN-FASKEN 41A, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month002005,00040010k60015k80020kOct 25Jan 26AprJul
Oil output over 5 reported monthsMonthly oil production and gas for BUCHANAN-FASKEN 41A, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month002005,00040010k60015k80020kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the 5 months reported

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the 5 months reportedShare of BUCHANAN-FASKEN 41A gas by disposition code each month, Mar 2026 to Jul 2026. 99% of the gas went to a processing plant in the 5 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
99% of the gas went to a processing plant in the 5 months reportedShare of BUCHANAN-FASKEN 41A gas by disposition code each month, Mar 2026 to Jul 2026. 99% of the gas went to a processing plant in the 5 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 42,195 mcf

  • Flared (4)

    0.4% · 155 mcf

  • Lease fuel (1)

    0.2% · 91 mcf

0.4% of the gas flared in the 5 months reported. No month above 3%.

1 well on this lease

Wells on BUCHANAN-FASKEN 41A
API numberWell no.Status
42-329-47990101HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jan 10, 2026
Phillips 66 Dos Picos LLCCasinghead gasBuys50Jan 10, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Jan 10, 2026
Phillips 66 Dos Picos LLCCasinghead gasGathers50Jan 10, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Jan 10, 2026

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

Who buys my oilOil price check

1,284 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.

Check your decimal on this lease
Permits for Buchanan-Fasken 41A
API numberWell no.Acreson the permit
42-329-47990101H1,284

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

Unit decimal checker

Estimate your royalty

5 months, newest first

Ledger for BUCHANAN-FASKEN 41A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202624242,1152,1091$80.46$2.89
Jun 202626126111,38611,3590$84.81$3.15
May 20262042085,9665,9504$102.13$2.94
Apr 202669469119,77919,602137$100.32$2.77
Mar 20261981973,1953,17513$91.38$3.04

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

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Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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