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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 20481

Producing

HALFF-HALL 1V

Halff-Hall 1V is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field. The Railroad Commission shows 6,674 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

6,674bbl oil, last 12 months−12% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-20481

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County · RRC district 7COpen Reagan County →
Gas, last 12 months
187,275 mcf
Oil in Jul 2026
703 bbl
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 12% over the last 12 months

6,674 bbl in the 12 months through Jul 2026, against 7,543 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for HALFF-HALL 1V, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 6,674 bbl in the 12 months through Jul 2026, against 7,543 bbl in the 12 months before.Last 12 months: 6,674 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for HALFF-HALL 1V, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 6,674 bbl in the 12 months through Jul 2026, against 7,543 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 20481, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 13.7% of the gas in Apr 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of HALFF-HALL 1V gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 13.7% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 13.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of HALFF-HALL 1V gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 13.7% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 13.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 20481, district 7C. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.1% of the gas was flared. 2 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Pioneer Natural Res. USA, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Jul 20262020202120222023202420252026Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Jul 20262020202120222023202420252026Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 20481 in district 7C. The API number is the state’s ID for a well.
Wells on HALFF-HALL 1V
API numberWell no.Status
42-383-4038422HActive

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 20481.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p. and Plains Pipeline L.p. gather it.

    Plains Marketing, L.p. gathers it: 50% of it, on the list since Jun 12, 2019 · Plains Pipeline L.p. gathers it: 50% of it, on the list since Jun 12, 2019

  • Gas from oil wells

    Targa Pl Mid-Cont Westtex LLC buys and gathers it.

    Targa Pl Mid-Cont Westtex LLC buys it: 100% of it, on the list since Jun 12, 2019 · Targa Pl Mid-Cont Westtex LLC gathers it: 100% of it, on the list since Jun 12, 2019

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

969.60 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jun 12, 2019
Latest permit
Sep 12, 2018

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.

Wells and acres on the permits for Halff-Hall 1V
API numberWell no.Acreson the permit
42-383-4038422H969.60

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says HALFF-HALL 1V sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

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Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for HALFF-HALL 1V
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Pioneer Natural70370312,01511,5530$80.46$2.89
Jun 2026Pioneer Natural4284268,6138,2703$84.81$3.15
May 2026Pioneer Natural41341215,60015,0340$102.13$2.94
Apr 2026Pioneer Natural37437514,48013,799125$100.32$2.77
Mar 2026Pioneer Natural41441813,28612,7770$91.38$3.04
Feb 2026Pioneer Natural73573412,88811,88823$64.51$3.62
Jan 2026Pioneer Natural71270918,13317,10596$60.04$7.72
Dec 2025Pioneer Natural58258417,39716,5880$57.97$4.26
Nov 2025Pioneer Natural64864715,54314,8300$60.06$3.79
Oct 2025Pioneer Natural61962018,51417,8410$60.89$3.19
Sep 2025Pioneer Natural71571019,34318,5920$63.96$2.97
Aug 2025Pioneer Natural33133521,46320,5930$64.86$2.91
Jul 2025Pioneer Natural69969921,83820,9324$68.39$3.20
Jun 2025Pioneer Natural71270822,29521,2001$68.17$3.02
May 2025Pioneer Natural33333425,04323,7550$62.17$3.12
Apr 2025Pioneer Natural57157230,10728,4390$63.54$3.42
Mar 2025Pioneer Natural55254933,38231,3800$68.24$4.12
Feb 2025Pioneer Natural23423512,57911,9060$71.53$4.19
Jan 2025Pioneer Natural47647914,74713,8700$75.74$4.13
Dec 2024Pioneer Natural1,0321,03215,79114,491536$70.12$3.01
Nov 2024Pioneer Natural82482211,65410,9070$69.95$2.12
Oct 2024Pioneer Natural60660621,10919,79828$71.99$2.20
Sep 2024Pioneer Natural73573424,05822,8800$70.24$2.28
Aug 2024Pioneer Natural76977324,19522,8831$76.68$1.99
Jul 2024Pioneer Natural1,5751,57224,24622,9760$81.80$2.07
Jun 2024Pioneer Natural1,0151,01624,53523,3101$79.77$2.54
May 2024Pioneer Natural9801,0282,8832,36810$80.02$2.12
Apr 2024Pioneer Natural1,4561,42970041796$85.35$1.60
Mar 2024Pioneer Natural1,1771,16920,27919,53271$81.28$1.49
Feb 2024Pioneer Natural91891218,36917,8320$77.25$1.72
Jan 2024Pioneer Natural83083822,34321,7064$74.15$3.18
Dec 2023Pioneer Natural1,1781,18524,04423,3220$71.90$2.52
Nov 2023Pioneer Natural1,8651,85928,40627,5960$77.69$2.71
Oct 2023Pioneer Natural1,2141,19535,35634,31140$85.64$2.98
Sep 2023Pioneer Natural17617934,62333,69722$89.43$2.64
Aug 2023Pioneer Natural3453476,3266,1600$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area) R 40 ExcCountyReagan County

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 →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 20481, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.