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Producing

HULET "138"

Hulet "138" is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

7 wells

3,834bbl oil, last 12 months−32% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-17665

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
16,074 mcf
Oil in Jul 2026
290 bbl

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for HULET "138", Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 3,834 bbl in the 12 months through Jul 2026, against 5,650 bbl in the 12 months before.Last 12 months: 3,834 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for HULET "138", Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 3,834 bbl in the 12 months through Jul 2026, against 5,650 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuelShare of HULET "138" gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 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%Apr 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuelShare of HULET "138" gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Apr 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 14,614 mcf

  • Lease fuel (1)

    9.1% · 1,460 mcf

7 wells on this lease

Wells on HULET "138"
API numberWell no.Status
42-383-371941Active
42-383-371956Shut-in
42-383-374822Active
42-383-374833Shut-in
42-383-376824Active
42-383-376835Shut-in
42-383-3793210Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Apr 1, 2026–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Explore Logistics LLCOilGathers100May 1, 2020Apr 1, 2026
Cp Energy, L.l.c.OilGathers100Mar 1, 2018May 1, 2020

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

Who buys my oilOil price check

646.90 acres on the newest permit

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

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Permits for Hulet "138"
API numberWell no.Acreson the permit
42-383-3793210646.90
42-383-376824646.90
42-383-376835646.90
42-383-374822646.90
42-383-374833646.90
42-383-371941646.90
42-383-371956646.90

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

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36 months, newest first

Ledger for HULET "138"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262901838357110$80.46$2.89
Jun 2026933689988780$84.81$3.15
May 202612707276030$102.13$2.94
Apr 20263353697636430$100.32$2.77
Mar 2026397185170460$91.38$3.04
Feb 20263997328917790$64.51$3.62
Jan 20262873742,1812,0570$60.04$7.72
Dec 2025424190137130$57.97$4.26
Nov 202523834812000$60.06$3.79
Oct 20252431751,4031,2790$60.89$3.19
Sep 20255117254,1694,0490$63.96$2.97
Aug 20254903553,6803,5560$64.86$2.91
Jul 20252573672,8372,7130$68.39$3.20
Jun 20254693624,3634,2430$68.17$3.02
May 20253373714,1984,0740$62.17$3.12
Apr 20255083653,9223,8020$63.54$3.42
Mar 20255107144,3094,1850$68.24$4.12
Feb 202531604,0193,9070$71.53$4.19
Jan 20254417143,8353,7110$75.74$4.13
Dec 20244303553,9523,8280$70.12$3.01
Nov 20247787074,9554,8350$69.95$2.12
Oct 20247177374,7194,5950$71.99$2.20
Sep 20244745401,8941,7740$70.24$2.28
Aug 20244131801,6531,5290$76.68$1.99
Jul 20244003622,9692,8450$81.80$2.07
Jun 20242803463,7183,5980$79.77$2.54
May 20243873544,4994,3750$80.02$2.12
Apr 20242863624,1504,0300$85.35$1.60
Mar 20243913784,6934,5690$81.28$1.49
Feb 20244857234,2824,1660$77.25$1.72
Jan 20247043614,7814,6570$74.15$3.18
Dec 20238021,0935,1074,9830$71.90$2.52
Nov 20235383804,5814,4610$77.69$2.71
Oct 20235896784,9424,8180$85.64$2.98
Sep 20233113584,0113,8910$89.43$2.64
Aug 20235823525,0754,9510$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

This lease belongs to

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

Pioneer Natural Res. USA, Inc. in Reagan County

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Spraberry (Trend Area) field

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