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Texas oil lease

Producing

HULET "164"

Hulet "164" is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

5 wells

685bbl oil, last 12 months−77% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-17628

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
5,726 mcf
Oil in Jul 2026
67 bbl

Production by month

Oil output fell 77% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 77% over the last 12 monthsMonthly oil production and gas for HULET "164", Aug 2023 to Jul 2026. Oil output fell 77% over the last 12 months. 685 bbl in the 12 months through Jul 2026, against 2,926 bbl in the 12 months before.Last 12 months: 685 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 77% over the last 12 monthsMonthly oil production and gas for HULET "164", Aug 2023 to Jul 2026. Oil output fell 77% over the last 12 months. 685 bbl in the 12 months through Jul 2026, against 2,926 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 34.6% of the gas in Oct 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of HULET "164" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 34.6% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantFlared 34.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of HULET "164" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 34.6% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Jul 26: fuel to plantFlared 34.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    75% · 4,266 mcf

  • Lease fuel (1)

    25% · 1,460 mcf

5 wells on this lease

Wells on HULET "164"
API numberWell no.Status
42-383-371961Shut-in
42-383-374922Active
42-383-374933Active
42-383-374954Active
42-383-379276Shut-in

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

644.60 acres on the newest permit

Permits for Hulet "164"
API numberWell no.Acreson the permit
42-383-379276644.60
42-383-374933644.60
42-383-374954644.60
42-383-374922644.60
42-383-371961644.60

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

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36 months, newest first

Ledger for HULET "164"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026671897686440$80.46$2.89
Jun 202650214940$84.81$3.15
May 20262704773530$102.13$2.94
Apr 20265904643440$100.32$2.77
Mar 202667925013770$91.38$3.04
Feb 2026604763640$64.51$3.62
Jan 202655934152910$60.04$7.72
Dec 20256604082840$57.97$4.26
Nov 20254402791590$60.06$3.79
Oct 202573914533290$60.89$3.19
Sep 20251161907286080$63.96$2.97
Aug 202510005434190$64.86$2.91
Jul 20251112016445200$68.39$3.20
Jun 20251741951,0439230$68.17$3.02
May 20257105654410$62.17$3.12
Apr 20252233549648440$63.54$3.42
Mar 20253583721,5191,3950$68.24$4.12
Feb 20252741921,1951,0830$71.53$4.19
Jan 20253023721,2501,1260$75.74$4.13
Dec 20243573651,1751,0510$70.12$3.01
Nov 20243823611,0989780$69.95$2.12
Oct 20242871932,0801,236720$71.99$2.20
Sep 20242221779978770$70.24$2.28
Aug 20241651861,2271,1030$76.68$1.99
Jul 20241831821,4431,3190$81.80$2.07
Jun 20242381811,5361,4160$79.77$2.54
May 20241783671,3401,2160$80.02$2.12
Apr 20242461751,5091,3890$85.35$1.60
Mar 20242081751,5101,3860$81.28$1.49
Feb 20243094731,4911,3750$77.25$1.72
Jan 20243961791,0118870$74.15$3.18
Dec 20233445241,5141,3900$71.90$2.52
Nov 20234593721,6421,5220$77.69$2.71
Oct 20232853641,2971,1730$85.64$2.98
Sep 20232981701,1511,0310$89.43$2.64
Aug 20233663721,2951,1710$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 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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