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Texas oil lease

Producing

CALVERLEY-MCDANIELS 23B

Calverley-McDaniels 23B is an oil lease in Glasscock County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

207,376bbl oil, since Dec 2025
RRC lease
08-64094

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, since Dec 2025
789,948 mcf
Oil in Jul 2026
15,630 bbl
First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 46% since Dec 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 46% since Dec 2025Monthly oil production and gas for CALVERLEY-MCDANIELS 23B, Dec 2025 to Jul 2026. Oil output fell 46% since Dec 2025. Monthly average of 18,312 bbl in the latest 3 months, against 33,721 bbl in the first 3.bbl per monthmcf per month0010k50k20k100k30k150k40k200k50k250kOct 25Jan 26AprJul
Oil output fell 46% since Dec 2025Monthly oil production and gas for CALVERLEY-MCDANIELS 23B, Dec 2025 to Jul 2026. Oil output fell 46% since Dec 2025. Monthly average of 18,312 bbl in the latest 3 months, against 33,721 bbl in the first 3.bbl per monthmcf per month0010k50k20k100k30k150k40k200k50k250kJan 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 8 months reported

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the 8 months reportedShare of CALVERLEY-MCDANIELS 23B gas by disposition code each month, Dec 2025 to Jul 2026. 99% of the gas went to a processing plant in the 8 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 8 months reportedShare of CALVERLEY-MCDANIELS 23B gas by disposition code each month, Dec 2025 to Jul 2026. 99% of the gas went to a processing plant in the 8 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% · 778,102 mcf

  • Lease fuel (1)

    1.5% · 11,501 mcf

  • Flared (4)

    0.0% · 345 mcf

1 well on this lease

Wells on CALVERLEY-MCDANIELS 23B
API numberWell no.Status
42-173-39278302HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jul 25, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 25, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 25, 2025

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

1,286.71 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 Calverley-McDaniels 23B
API numberWell no.Acreson the permit
42-173-39278302H1,286.71

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

Estimate your royalty

8 months, newest first

Ledger for CALVERLEY-MCDANIELS 23B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202615,63015,63778,75476,8060$80.46$2.89
Jun 202617,59217,58985,71783,9040$84.81$3.15
May 202621,71321,70882,89280,9614$102.13$2.94
Apr 202622,05222,07298,94996,7353$100.32$2.77
Mar 202629,22529,237123,700121,2130$91.38$3.04
Feb 202639,52939,522124,404123,5366$64.51$3.62
Jan 202640,85540,841129,366129,17848$60.04$7.72
Dec 202520,78020,73366,16665,769284$57.97$4.26

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 Glasscock County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km