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Texas oil lease

Producing

CHAR HUGHES 28-2

Char Hughes 28-2 is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

1 well

7,250bbl oil, last 12 months−21% vs prior year
RRC lease
7C-19955

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
97,505 mcf
Oil in Jul 2026
671 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for CHAR HUGHES 28-2, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 7,250 bbl in the 12 months through Jul 2026, against 9,170 bbl in the 12 months before.Last 12 months: 7,250 bblbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for CHAR HUGHES 28-2, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 7,250 bbl in the 12 months through Jul 2026, against 9,170 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of CHAR HUGHES 28-2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of CHAR HUGHES 28-2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jun 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    88% · 85,692 mcf

  • Lease fuel (1)

    12% · 11,813 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.

1 well on this lease

Wells on CHAR HUGHES 28-2
API numberWell no.Status
42-383-400104803HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Feb 8, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 14, 2018–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 14, 2018–
Medallion Operating Company, LLCOilGathers100Jan 14, 2018Feb 8, 2019

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

2,701.70 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 Char Hughes 28-2
API numberWell no.Acreson the permit
42-383-400104803H2,701.70

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

Estimate your royalty

36 months, newest first

Ledger for CHAR HUGHES 28-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural6717059,9798,9460$80.46$2.89
Jun 2026Pioneer Natural60952810,0899,3490$84.81$3.15
May 2026Pioneer Natural1171931,8578170$102.13$2.94
Apr 2026Pioneer Natural6134747,3146,3080$100.32$2.77
Mar 2026Pioneer Natural6228127,8536,8130$91.38$3.04
Feb 2026Pioneer Natural5945707,6876,8050$64.51$3.62
Jan 2026Pioneer Natural5865208,2467,2060$60.04$7.72
Dec 2025Pioneer Natural7089319,5768,5420$57.97$4.26
Nov 2025Pioneer Natural6073679,1708,2420$60.06$3.79
Oct 2025Pioneer Natural7057447,6886,6590$60.89$3.19
Sep 2025Pioneer Natural7068108,1607,1550$63.96$2.97
Aug 2025Pioneer Natural7125469,8868,8500$64.86$2.91
Jul 2025Pioneer Natural7897219,5758,5580$68.39$3.20
Jun 2025Pioneer Natural6288868,8277,9040$68.17$3.02
May 2025Pioneer Natural7507219,5148,4960$62.17$3.12
Apr 2025Pioneer Natural7057419,3038,3490$63.54$3.42
Mar 2025Pioneer Natural78756110,7649,7310$68.24$4.12
Feb 2025Pioneer Natural6928869,0098,1720$71.53$4.19
Jan 2025Pioneer Natural7765718,6677,6910$75.74$4.13
Dec 2024Pioneer Natural8579309,9008,8830$70.12$3.01
Nov 2024Pioneer Natural7165638,1147,0890$69.95$2.12
Oct 2024Pioneer Natural8539188,6997,6300$71.99$2.20
Sep 2024Pioneer Natural9721,0587,2426,2110$70.24$2.28
Aug 2024Pioneer Natural6455465,5764,5450$76.68$1.99
Jul 2024Pioneer Natural7067375,4274,3630$81.80$2.07
Jun 2024Pioneer Natural6809205,9404,8830$79.77$2.54
May 2024Pioneer Natural6773625,8104,7700$80.02$2.12
Apr 2024Pioneer Natural6899055,7194,6640$85.35$1.60
Mar 2024Pioneer Natural6493675,6044,5320$81.28$1.49
Feb 2024Pioneer Natural5828254,3033,3690$77.25$1.72
Jan 2024Pioneer Natural7215366,3145,3300$74.15$3.18
Dec 2023Pioneer Natural7738826,9295,8570$71.90$2.52
Nov 2023Pioneer Natural7005546,7355,6850$77.69$2.71
Oct 2023Pioneer Natural7759057,5166,4650$85.64$2.98
Sep 2023Pioneer Natural6108816,3755,3520$89.43$2.64
Aug 2023Pioneer Natural88170712,26111,1990$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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