Skip to content
Royalty Clerk

Texas oil lease

Producing

FRANCES 12-1-B

Frances 12-1-B is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

47,155bbl oil, last 12 months−31% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-55609

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
287,567 mcf
Oil in Jul 2026
3,261 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for FRANCES 12-1-B, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 47,155 bbl in the 12 months through Jul 2026, against 68,727 bbl in the 12 months before.Last 12 months: 47,155 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for FRANCES 12-1-B, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 47,155 bbl in the 12 months through Jul 2026, against 68,727 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of FRANCES 12-1-B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of FRANCES 12-1-B gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 282,005 mcf

  • Lease fuel (1)

    1.9% · 5,415 mcf

  • Flared (4)

    0.1% · 147 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeParsley Energy Operations, LLC, Sep 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 2026202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCSep 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Sep 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 2026202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCSep 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on FRANCES 12-1-B
API numberWell no.Status
42-317-428762704HShut-in
42-317-428804104HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 9, 2020–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 9, 2020–
Nustar Permian Trans and Stg,llcOilGathers100Sep 9, 2020Feb 1, 2025

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

Who buys my oilOil price check

641.60 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 Frances 12-1-B
API numberWell no.Acreson the permit
42-317-428762704H641.60
42-317-428804104H641.60

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for FRANCES 12-1-B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural3,2613,26020,47220,04125$80.46$2.89
Jun 2026Pioneer Natural3,2023,22921,54521,11627$84.81$3.15
May 2026Pioneer Natural3,8223,84422,65022,2020$102.13$2.94
Apr 2026Pioneer Natural4,0894,06422,69322,2660$100.32$2.77
Mar 2026Pioneer Natural3,9433,91123,70123,2720$91.38$3.04
Feb 2026Pioneer Natural3,7003,71721,01120,57344$64.51$3.62
Jan 2026Pioneer Natural3,9843,99623,24422,70651$60.04$7.72
Dec 2025Pioneer Natural4,0844,09424,85824,3920$57.97$4.26
Nov 2025Pioneer Natural4,3684,32725,84225,3820$60.06$3.79
Oct 2025Pioneer Natural3,7963,80225,06024,5800$60.89$3.19
Sep 2025Pioneer Natural4,2174,21926,57926,1060$63.96$2.97
Aug 2025Pioneer Natural4,6894,78929,91229,3690$64.86$2.91
Jul 2025Pioneer Natural5,2135,21327,91227,4170$68.39$3.20
Jun 2025Pioneer Natural5,8655,78928,52228,01028$68.17$3.02
May 2025Pioneer Natural5,2765,41027,35426,85211$62.17$3.12
Apr 2025Pioneer Natural5,1135,20826,33525,676166$63.54$3.42
Mar 2025Pioneer Natural4,9944,96924,75224,2870$68.24$4.12
Feb 2025Pioneer Natural5,3065,18823,69023,2350$71.53$4.19
Jan 2025Pioneer Natural6,1686,14325,38424,9018$75.74$4.13
Dec 2024Pioneer Natural5,9305,92825,67124,999221$70.12$3.01
Nov 2024Pioneer Natural6,4936,47026,71326,114128$69.95$2.12
Oct 2024Pioneer Natural4,9014,92422,83121,830614$71.99$2.20
Sep 2024Pioneer Natural6,6306,63527,79227,3370$70.24$2.28
Aug 2024Pioneer Natural6,8386,81228,48028,0178$76.68$1.99
Jul 2024Pioneer Natural7,1027,11029,87029,3820$81.80$2.07
Jun 2024Pioneer Natural7,6987,72127,75027,25889$79.77$2.54
May 2024Pioneer Natural8,7588,73628,39327,90963$80.02$2.12
Apr 2024Pioneer Natural5,3885,37016,81916,603158$85.35$1.60
Mar 2024Pioneer Natural6,9366,97322,37622,3010$81.28$1.49
Feb 2024Pioneer Natural7,0016,97222,44521,720648$77.25$1.72
Jan 2024Pioneer Natural7,7787,78724,31024,2285$74.15$3.18
Dec 2023Pioneer Natural8,4038,41725,80525,7280$71.90$2.52
Nov 2023Pioneer Natural8,4818,47625,50825,4340$77.69$2.71
Oct 2023Pioneer Natural8,7918,76325,48725,4150$85.64$2.98
Sep 2023Pioneer Natural8,7958,85925,27025,18710$89.43$2.64
Aug 2023Pioneer Natural10,36810,34428,58928,088423$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMartin County

Pioneer Natural Res. USA, Inc. in Martin 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