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Producing

ELKIN 21M

Elkin 21M is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

69,268bbl oil, last 12 months
RRC lease
08-61065

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
126,630 mcf
Oil in Jul 2026
4,486 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: PHILLIPS 66 DOS PICOS LLC replaced PINNACLE DOS PICOS LLC as the buyer of this lease's gas from oil wells on Jun 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 80% since Sep 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 80% since Sep 2024Monthly oil production and gas for ELKIN 21M, Sep 2024 to Jul 2026. Oil output fell 80% since Sep 2024. Monthly average of 4,810 bbl in the latest 3 months, against 23,781 bbl in the first 3.Last 12 months: 69,268 bblbbl per monthmcf per month0010k5,00020k10k30k15k40k20kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 80% since Sep 2024Monthly oil production and gas for ELKIN 21M, Sep 2024 to Jul 2026. Oil output fell 80% since Sep 2024. Monthly average of 4,810 bbl in the latest 3 months, against 23,781 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k5,00020k10k30k15k40k20kJan 25JulJan 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 last 12 months

Flaring peaked at 4.9% of the gas in Sep 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of ELKIN 21M gas by disposition code each month, Sep 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.9% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.9%Oct 24Jan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of ELKIN 21M gas by disposition code each month, Sep 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.9% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 4.9%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 125,539 mcf

  • Flared (4)

    0.5% · 682 mcf

  • Lease fuel (1)

    0.3% · 409 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on ELKIN 21M
API numberWell no.Status
42-329-4661613HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Aug 1, 2024–
Phillips 66 Dos Picos LLCCasinghead gasBuys100Jun 1, 2026–
Phillips 66 Dos Picos LLCCasinghead gasGathers100Jun 1, 2026–
Pinnacle Dos Picos LLCCasinghead gasGathers100Aug 1, 2024Jun 1, 2026
Pinnacle Dos Picos LLCCasinghead gasBuys100Aug 1, 2024Jun 1, 2026

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

911.50 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 Elkin 21M
API numberWell no.Acreson the permit
42-329-4661613H911.50

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

Estimate your royalty

23 months, newest first

Ledger for ELKIN 21M
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,4864,48510,99810,9562$80.46$2.89
Jun 20264,7684,77711,38811,3471$84.81$3.15
May 20265,1775,17412,96012,88430$102.13$2.94
Apr 20266,6396,64015,75815,67134$100.32$2.77
Mar 20266,4766,47913,23613,17222$91.38$3.04
Feb 20266,5436,54014,69714,55888$64.51$3.62
Jan 20267,0177,01714,77414,575151$60.04$7.72
Dec 20259,9029,89817,51017,304161$57.97$4.26
Nov 20259,9189,9079,3259,154151$60.06$3.79
Oct 20251,6171,6216956858$60.89$3.19
Sep 20254,6364,6373,8203,77830$63.96$2.97
Aug 20252,0892,0901,4691,4554$64.86$2.91
Jul 20251,5341,5259098991$68.39$3.20
Jun 20256,7216,7674,2844,146100$68.17$3.02
May 202512,32012,3409,7219,67315$62.17$3.12
Apr 202513,71313,7039,4129,34330$63.54$3.42
Mar 202515,92515,94010,99510,86887$68.24$4.12
Feb 202516,88516,8879,5069,42639$71.53$4.19
Jan 202519,24019,22910,77710,71217$75.74$4.13
Dec 202423,50723,51715,85715,76726$70.12$3.01
Nov 202428,97028,95618,29218,088128$69.95$2.12
Oct 202429,91329,88914,22614,085101$71.99$2.20
Sep 202412,45912,4257,4577,062362$70.24$2.28

Flared above 3%

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 Midland County

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