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Texas oil lease

Producing

IBIS WEST G 17-32

Ibis West G 17-32 is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

4 wells

190,436bbl oil, last 12 months+22% vs prior year
RRC lease
08-56568

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
557,947 mcf
Oil in Jul 2026
12,830 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: PHILLIPS 66 DOS PICOS LLC replaced PINNACLE DOS PICOS LLC as the buyer of this lease's gas from oil wells on Jun 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for IBIS WEST G 17-32, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 190,436 bbl in the 12 months through Jul 2026, against 155,814 bbl in the 12 months before.Last 12 months: 190,436 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for IBIS WEST G 17-32, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 190,436 bbl in the 12 months through Jul 2026, against 155,814 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 39.8% of the gas in Sep 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of IBIS WEST G 17-32 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 39.8% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 39.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of IBIS WEST G 17-32 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 39.8% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 39.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 536,332 mcf

  • Lease fuel (1)

    3.8% · 21,028 mcf

  • Flared (4)

    0.1% · 587 mcf

0.1% of the gas flared in the last 12 months. 3 months above 3%.

4 wells on this lease

Wells on IBIS WEST G 17-32
API numberWell no.Status
42-329-446036207HActive
42-329-446044307HActive
42-329-446054207HActive
42-329-446062807HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Oct 26, 2021–
Phillips 66 Dos Picos LLCCasinghead gasBuys100Jun 1, 2026–
Phillips 66 Dos Picos LLCCasinghead gasGathers100Jun 1, 2026–
Pinnacle Dos Picos LLCCasinghead gasGathers100Oct 26, 2021Jun 1, 2026
Pinnacle Dos Picos LLCCasinghead gasBuys100Oct 26, 2021Jun 1, 2026

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

756.11 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 Ibis West G 17-32
API numberWell no.Acreson the permit
42-329-446036207H756.11
42-329-446044307H756.11
42-329-446054207H756.11
42-329-446062807H756.11

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

Estimate your royalty

36 months, newest first

Ledger for IBIS WEST G 17-32
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612,83012,90851,19550,1343$80.46$2.89
Jun 202613,77413,68752,02650,9810$84.81$3.15
May 202614,39014,43051,81550,7180$102.13$2.94
Apr 202615,40615,41653,99552,4721$100.32$2.77
Mar 202615,49215,50352,71350,0760$91.38$3.04
Feb 202614,82514,86041,75538,794302$64.51$3.62
Jan 202617,17617,11047,09245,067185$60.04$7.72
Dec 202516,13116,11839,54737,77330$57.97$4.26
Nov 202514,46614,48236,81234,99553$60.06$3.79
Oct 202517,74417,69750,09647,8894$60.89$3.19
Sep 202518,48018,48641,73040,0085$63.96$2.97
Aug 202519,72219,76339,17137,4254$64.86$2.91
Jul 202519,17819,14334,26632,62765$68.39$3.20
Jun 202520,09120,18934,76433,31622$68.17$3.02
May 202521,17321,03829,75428,191329$62.17$3.12
Apr 202514,31014,37718,57917,027371$63.54$3.42
Mar 202516,89916,83022,26620,589536$68.24$4.12
Feb 202511,30711,28710,1068,993358$71.53$4.19
Jan 202510,97210,95911,2129,855301$75.74$4.13
Dec 20248,0068,01212,43511,17722$70.12$3.01
Nov 20249,1359,13612,37411,35392$69.95$2.12
Oct 202410,79811,18219,25214,285176$71.99$2.20
Sep 20245,3175,17112,3512,6214,917$70.24$2.28
Aug 20248,6288,65723,28918,6817$76.68$1.99
Jul 202419,83019,83456,51250,935626$81.80$2.07
Jun 202420,69120,75055,45649,758809$79.77$2.54
May 202423,23323,36662,50061,282169$80.02$2.12
Apr 202422,90922,79360,73459,7141$85.35$1.60
Mar 202422,35622,31662,85861,71787$81.28$1.49
Feb 202425,63425,68465,30763,846480$77.25$1.72
Jan 202425,77425,80156,17554,729449$74.15$3.18
Dec 202325,65525,52069,67768,505139$71.90$2.52
Nov 202324,39024,34867,50666,4860$77.69$2.71
Oct 202328,28828,39783,62381,815785$85.64$2.98
Sep 202329,87929,77987,14586,020146$89.43$2.64
Aug 202334,30034,30797,33091,6804,597$81.39$2.58

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

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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