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Texas oil lease · RRC district 08 · Lease 38924

No report in 6+ months

IVERSON

Iverson is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field. The Railroad Commission shows 6 bbl of oil in the 12 months through Jan 2021.

Oil lease dossier · 1 well

6bbl oil, last 12 months
RRC lease
08-38924

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 08Open Midland County →
Gas, last 12 months
47 mcf
Oil in Jan 2021
0 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 100% since Jan 2020

Monthly average of 0 bbl in the latest 3 months, against 2 bbl in the first 3.

  • Oil (bars, left axis)
  • Gas (line, right axis)
Oil output fell 100% since Jan 2020Monthly oil production and gas for IVERSON, Jan 2020 to Jan 2021. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 2 bbl in the first 3.bbl per monthmcf per month00210420630840Jan 20AprJulOctJan 21
Oil output fell 100% since Jan 2020Monthly oil production and gas for IVERSON, Jan 2020 to Jan 2021. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 2 bbl in the first 3.bbl per monthmcf per month00210420630840Jan 20JulJan 21

SourceTexas Railroad Commission Production Data Query, oil lease 38924, district 08. 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.

74% of the gas went to lease fuel in the 2 months reported

Each bar is one month. Colors are the disposition codes the operator reported.

  • Processing plant (3)
  • Lease fuel (1)
74% of the gas went to lease fuel in the 2 months reportedShare of IVERSON gas by disposition code each month, Jan 2020 to Jan 2021. 74% of the gas went to lease fuel in the 2 months reported. Share of the lease’s gas by disposition code, per month0%50%100%Jan 20AprJulOctJan 21
74% of the gas went to lease fuel in the 2 months reportedShare of IVERSON gas by disposition code each month, Jan 2020 to Jan 2021. 74% of the gas went to lease fuel in the 2 months reported. Share of gas by disposition code0%50%100%Jan 20JulJan 21

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 38924, district 08. 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.

None of the gas was flared in the 2 months reported.

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 Jan 202120202021Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Jan 2021
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Jan 202120202021Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Jan 2021

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 38924 in district 08. The API number is the state’s ID for a well.
Wells on IVERSON
API numberWell no.Status
42-329-358581Shut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 38924.

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. gathers it.

    100% of it, on the list since Jul 29, 2008

  • Gas from oil wells

    Targa Pipeline Mid-Continent LLC buys and gathers it.

    Targa Pipeline Mid-Continent LLC buys it: 100% of it, on the list since Jun 1, 2015 · Targa Pipeline Mid-Continent LLC gathers it: 100% of it, on the list since Jun 1, 2015

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.

Unit and wells

40 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
10 not plugged
Horizontal
0
First completion
Jul 29, 2008
Latest permit
Mar 27, 2008
Wells and acres on the permits for Iverson
API numberWell no.Acreson the permit
42-329-35858140

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.

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 IVERSON 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.

Your estimate appears here

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

13 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 IVERSON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jan 2021Pioneer Natural00000$52.00$2.71
Dec 2020Pioneer Natural00000$47.02$2.58
Nov 2020Pioneer Natural00000$40.94$2.61
Oct 2020Pioneer Natural00000$39.40$2.39
Sep 2020Pioneer Natural00000$39.63$1.92
Aug 2020Pioneer Natural00000$42.34$2.30
Jul 2020Pioneer Natural00000$40.71$1.76
Jun 2020Pioneer Natural01000$38.31$1.63
May 2020Pioneer Natural00000$28.56$1.75
Apr 2020Pioneer Natural00000$16.55$1.74
Mar 2020Pioneer Natural01436120$29.21$1.79
Feb 2020Pioneer Natural601100$50.54$1.91
Jan 2020Pioneer Natural00000$57.52$2.02

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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Upload your statements for IVERSON. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Pioneer Natural Res. USA, Inc.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

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

Pioneer Natural Res. USA, Inc. in Midland County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) 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 Jan 2021?

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 38924, district 08, 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.