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Texas oil lease

Producing

BUCHANAN W17C

Buchanan W17c is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

77,884bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62144

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
379,663 mcf
Oil in Jul 2026
5,500 bbl

Production by month

Oil output fell 79% since Oct 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 79% since Oct 2024Monthly oil production and gas for BUCHANAN W17C, Oct 2024 to Jul 2026. Oil output fell 79% since Oct 2024. Monthly average of 6,050 bbl in the latest 3 months, against 28,776 bbl in the first 3.Last 12 months: 77,884 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 79% since Oct 2024Monthly oil production and gas for BUCHANAN W17C, Oct 2024 to Jul 2026. Oil output fell 79% since Oct 2024. Monthly average of 6,050 bbl in the latest 3 months, against 28,776 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.5% of the gas in Feb 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of BUCHANAN W17C gas by disposition code each month, Oct 2024 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.5% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.5%Oct 24Jan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of BUCHANAN W17C gas by disposition code each month, Oct 2024 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.5% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 3.5%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 355,216 mcf

  • Lease fuel (1)

    6.4% · 24,252 mcf

  • Flared (4)

    0.1% · 195 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on BUCHANAN W17C
API numberWell no.Status
42-329-467353HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Oct 10, 2024
Phillips 66 Dos Picos LLCCasinghead gasBuys100Oct 10, 2024
Phillips 66 Dos Picos LLCCasinghead gasGathers100Oct 10, 2024

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

Who buys my oilOil price check

774.11 acres on the newest permit

An allocation well is on this lease

Permits for Buchanan W17c
API numberWell no.Acreson the permit
42-329-467353H774.11

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

22 months, newest first

Ledger for BUCHANAN W17C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,5005,52951,52649,6324$80.46$2.89
Jun 20265,6015,57345,84843,8990$84.81$3.15
May 20267,0507,06746,23644,3120$102.13$2.94
Apr 20267,2297,19731,70829,9381$100.32$2.77
Mar 20263,2683,2412,5702,3580$91.38$3.04
Feb 202635841134340$64.51$3.62
Jan 20265,1525,15826,16624,280101$60.04$7.72
Dec 20258,0678,06642,40739,33931$57.97$4.26
Nov 20257,9257,92534,14831,37148$60.06$3.79
Oct 20258,5148,49234,73731,9713$60.89$3.19
Sep 20259,0549,05932,21429,2664$63.96$2.97
Aug 202510,16610,20132,06928,8163$64.86$2.91
Jul 202512,01311,99133,43030,08560$68.39$3.20
Jun 202512,52112,59635,63432,21521$68.17$3.02
May 202514,67714,60334,03530,187358$62.17$3.12
Apr 202515,02215,10127,89524,181536$63.54$3.42
Mar 202518,98118,91040,60335,978959$68.24$4.12
Feb 202514,00414,00221,02318,064746$71.53$4.19
Jan 202521,36321,36733,42229,123913$75.74$4.13
Dec 202426,74126,76739,56335,53771$70.12$3.01
Nov 202432,17332,15140,16936,356292$69.95$2.12
Oct 202427,41427,34138,18037,641466$71.99$2.20

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 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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