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Texas oil lease

Producing

BUCHANAN W17E

Buchanan W17e is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

62,652bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62167

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
107,859 mcf
Oil in Jul 2026
8,431 bbl

Production by month

Oil output rose 77% since Oct 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 77% since Oct 2024Monthly oil production and gas for BUCHANAN W17E, Oct 2024 to Jul 2026. Oil output rose 77% since Oct 2024. Monthly average of 6,466 bbl in the latest 3 months, against 3,657 bbl in the first 3.Last 12 months: 62,652 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kOct 24Jan 25AprJulOctJan 26AprJul
Oil output rose 77% since Oct 2024Monthly oil production and gas for BUCHANAN W17E, Oct 2024 to Jul 2026. Oil output rose 77% since Oct 2024. Monthly average of 6,466 bbl in the latest 3 months, against 3,657 bbl in the first 3.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.9% of the gas in Feb 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of BUCHANAN W17E gas by disposition code each month, Oct 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.9% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.9%Oct 24Jan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of BUCHANAN W17E gas by disposition code each month, Oct 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.9% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 3.9%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 107,653 mcf

  • Lease fuel (1)

    0.1% · 123 mcf

  • Flared (4)

    0.1% · 83 mcf

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

1 well on this lease

Wells on BUCHANAN W17E
API numberWell no.Status
42-329-467375HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Oct 11, 2024
Phillips 66 Dos Picos LLCCasinghead gasBuys100Oct 11, 2024
Phillips 66 Dos Picos LLCCasinghead gasGathers100Oct 11, 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 W17e
API numberWell no.Acreson the permit
42-329-467375H774.11

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

Unit decimal checker

Estimate your royalty

22 months, newest first

Ledger for BUCHANAN W17E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,4318,48222,37122,3432$80.46$2.89
Jun 20269,0548,94718,36318,3430$84.81$3.15
May 20261,9121,9042,8842,8810$102.13$2.94
Apr 20264474681,1961,1940$100.32$2.77
Mar 20262,7142,7294,7304,7230$91.38$3.04
Feb 20263,8333,8344,8434,80135$64.51$3.62
Jan 20263,7643,7636,5146,48026$60.04$7.72
Dec 20255,1415,1427,2757,2616$57.97$4.26
Nov 20255,3585,3647,3407,32011$60.06$3.79
Oct 20256,5766,5629,2599,2481$60.89$3.19
Sep 20257,4757,47710,45910,4471$63.96$2.97
Aug 20257,9477,93912,62512,6121$64.86$2.91
Jul 20254,1314,1334,1744,1628$68.39$3.20
Jun 20256,2806,3446,9956,9845$68.17$3.02
May 202510,32610,28313,11512,952151$62.17$3.12
Apr 202512,84212,89615,59915,251332$63.54$3.42
Mar 202514,40714,36117,88417,415453$68.24$4.12
Feb 202512,10312,07310,81710,388417$71.53$4.19
Jan 20259,1759,1618,0967,848239$75.74$4.13
Dec 20245,6965,6966,0736,05412$70.12$3.01
Nov 20245,0285,0144,5084,46735$69.95$2.12
Oct 20242482481,1511,13415$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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