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Texas oil lease

Producing

GUNS UP 2T

Guns Up 2T is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

93,211bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62361

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
362,542 mcf
Oil in Jul 2026
6,878 bbl

Production by month

Oil output fell 84% since Nov 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 84% since Nov 2024Monthly oil production and gas for GUNS UP 2T, Nov 2024 to Jul 2026. Oil output fell 84% since Nov 2024. Monthly average of 5,773 bbl in the latest 3 months, against 35,370 bbl in the first 3.Last 12 months: 93,211 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 25AprJulOctJan 26AprJul
Oil output fell 84% since Nov 2024Monthly oil production and gas for GUNS UP 2T, Nov 2024 to Jul 2026. Oil output fell 84% since Nov 2024. Monthly average of 5,773 bbl in the latest 3 months, against 35,370 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 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 7.3% of the gas in Nov 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of GUNS UP 2T gas by disposition code each month, Nov 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.3% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.3%Jan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of GUNS UP 2T gas by disposition code each month, Nov 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.3% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 7.3%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 359,491 mcf

  • Lease fuel (1)

    0.5% · 1,760 mcf

  • Flared (4)

    0.4% · 1,291 mcf

0.4% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on GUNS UP 2T
API numberWell no.Status
42-329-46723220HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jun 10, 2024
Phillips 66 Dos Picos LLCCasinghead gasBuys100Jun 10, 2024
Phillips 66 Dos Picos LLCCasinghead gasGathers100Jun 10, 2024

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

Who buys my oilOil price check

486.19 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 Guns Up 2T
API numberWell no.Acreson the permit
42-329-46723220H486.19

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

Unit decimal checker

Estimate your royalty

21 months, newest first

Ledger for GUNS UP 2T
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,8786,83125,66125,378126$80.46$2.89
Jun 20264,6844,74519,20819,03054$84.81$3.15
May 20265,7565,72425,87525,69314$102.13$2.94
Apr 20266,0606,08225,45025,25066$100.32$2.77
Mar 20267,3387,38625,24524,574550$91.38$3.04
Feb 20266,7896,75424,47224,24688$64.51$3.62
Jan 20267,0196,99924,08423,840114$60.04$7.72
Dec 20259,2209,27932,04731,81599$57.97$4.26
Nov 20259,2259,19336,37936,2390$60.06$3.79
Oct 202510,87210,85541,67041,302177$60.89$3.19
Sep 20258,7628,73140,54440,3960$63.96$2.97
Aug 202510,60810,56941,90741,7283$64.86$2.91
Jul 20258,6778,82034,93234,76424$68.39$3.20
Jun 202514,88814,89942,46042,3221$68.17$3.02
May 202518,28918,31343,84143,7050$62.17$3.12
Apr 202521,86121,92250,70650,5660$63.54$3.42
Mar 202528,27728,22258,92957,6691,090$68.24$4.12
Feb 202532,21032,15948,09247,288652$71.53$4.19
Jan 202543,41043,44349,28348,315794$75.74$4.13
Dec 202440,03239,95742,53441,3591,014$70.12$3.01
Nov 202422,66722,52622,15820,4121,620$69.95$2.12

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

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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