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Texas oil lease

Producing

MERCHANT UNIT

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

192 wells

8,500bbl oil, last 12 months−42% vs prior year
RRC lease
7C-04426

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
28,701 mcf
Oil in Jul 2026
300 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for MERCHANT UNIT, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 8,500 bbl in the 12 months through Jul 2026, against 14,722 bbl in the 12 months before.Last 12 months: 8,500 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for MERCHANT UNIT, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 8,500 bbl in the 12 months through Jul 2026, against 14,722 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
90% of the gas went to a processing plant in the last 12 monthsShare of MERCHANT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a processing plant in the last 12 monthsShare of MERCHANT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 25,876 mcf

  • Lease fuel (1)

    9.8% · 2,825 mcf

192 wells on this lease

Wells on MERCHANT UNIT
API numberWell no.Status
42-383-00007155Active
42-383-0042847Active
42-383-0044438Active
42-383-0044648Active
42-383-0044930Active
42-383-0045049Active
42-383-0045159Shut-in
42-383-0045360Shut-in
42-383-0050565DActive
42-383-0050788WActive
42-383-0050893Active
42-383-00518102Active
42-383-00519124Active
42-383-0053034Active
42-383-0053279Active
42-383-0053516Active
42-383-0053615Active
42-383-0054063Active
42-383-00592120Active
42-383-0064357Active
42-383-0064744Active
42-383-00649146Shut-in
42-383-008543Active
42-383-0085919Active
42-383-008616Active
42-383-01118129Shut-in
42-383-01119138Active
42-383-0136461Active
42-383-10998157Active
42-383-33125206BShut-in
42-383-331264208BActive
42-383-332103220BShut-in
42-383-332943006BActive
42-383-33311158Active
42-383-333173102BActive
42-383-341392203Active
42-383-34140328AActive
42-383-341433214Shut-in
42-383-34144663AActive
42-383-341803004AShut-in
42-383-34181205AActive
42-383-341823216AActive
42-383-341834206AShut-in
42-383-341853217AShut-in
42-383-342533905AShut-in
42-383-342633906AShut-in
42-383-342753218KActive
42-383-342833907AShut-in
42-383-343064802KShut-in
42-383-343105902KActive
42-383-343131404KActive
42-383-343143908AActive
42-383-343173602KActive
42-383-343184207KActive
42-383-343343302KShut-in
42-383-343355702KShut-in
42-383-343363005KActive
42-383-343373502KActive
42-383-343383219KActive
42-383-343513909AActive
42-383-343523910AActive
42-383-343625803AActive
42-383-343755804AActive
42-383-343795104AActive
42-383-343805105AShut-in
42-383-343816207AActive
42-383-343826205AActive
42-383-343856206AActive
42-383-343945202AShut-in
42-383-343956208AActive
42-383-343965106AActive
42-383-344003803AActive
42-383-344014403AActive
42-383-344024404AShut-in
42-383-344083804AShut-in
42-383-344565304KActive
42-383-344676604KActive
42-383-344685303KShut-in
42-383-344691502KShut-in
42-383-344711904KActive
42-383-345356503NActive
42-383-345366504NActive
42-383-345465502NActive
42-383-345484208NActive
42-383-345494104NShut-in
42-383-345501703NActive
42-383-345523702NActive
42-383-345533220NActive
42-383-345592204NActive
42-383-345653805NActive
42-383-346361905NActive
42-383-346371205NActive
42-383-346414108NShut-in
42-383-346473912SActive
42-383-346481602NActive
42-383-346616902SShut-in
42-383-346634002SShut-in
42-383-346714604SActive
42-383-346721303SActive
42-383-346733913SShut-in
42-383-346746305SActive
42-383-346753221NShut-in
42-383-346786306SActive
42-383-346794605SActive
42-383-346841304SShut-in
42-383-346863914SActive
42-383-346876703SShut-in
42-383-346884705SShut-in
42-383-346942504NActive
42-383-346961801SActive
42-383-347034706SShut-in
42-383-34706405NActive
42-383-347073915SActive
42-383-34709406NActive
42-383-347122002SShut-in
42-383-347133916SActive
42-383-347283911SShut-in
42-383-347292905NShut-in
42-383-347302102SActive
42-383-347313917SActive
42-383-347344606SActive
42-383-348196403AActive
42-383-348216704AActive
42-383-348226706AActive
42-383-352295805AShut-in
42-383-352305806AShut-in
42-383-352316210AShut-in
42-383-352326211AShut-in
42-383-352386212AShut-in
42-383-353553240AShut-in
42-383-353563919AShut-in
42-383-353574109AShut-in
42-383-354093923AShut-in
42-383-354103924AShut-in
42-383-354115807AShut-in
42-383-354302003SShut-in
42-383-354312205KActive
42-383-354325808AShut-in
42-383-354332207KActive
42-383-354352103SActive
42-383-354386309SShut-in
42-383-354504110AActive
42-383-354515107AActive
42-383-354966307SShut-in
42-383-354973237AShut-in
42-383-355055703KShut-in
42-383-355066605KShut-in
42-383-355134209AShut-in
42-383-355142004SShut-in
42-383-355153603KShut-in
42-383-355362906KActive
42-383-355372206KShut-in
42-383-355383008KActive
42-383-355496606KShut-in
42-383-355515904KShut-in
42-383-355665503KActive
42-383-355772507AShut-in
42-383-355783503KShut-in
42-383-355794111KShut-in
42-383-355871503KShut-in
42-383-35588407KActive
42-383-355891406KActive
42-383-356773222AActive
42-383-356783805AShut-in
42-383-356793808AShut-in
42-383-357001207KShut-in
42-383-357012208KShut-in
42-383-357101802SShut-in
42-383-357123240KShut-in
42-383-357131704KShut-in
42-383-35714408KActive
42-383-357153604KShut-in
42-383-357181906KShut-in
42-383-357211306SShut-in
42-383-357221405KShut-in
42-383-357241907KShut-in
42-383-357251408KActive
42-383-357263230KShut-in
42-383-357273303KActive
42-383-35729207AShut-in
42-383-357303232KActive
42-383-357563224KActive
42-383-358382506AShut-in
42-383-358393504KActive
42-383-358403238KShut-in
42-383-361593704KShut-in
42-383-361634406AShut-in
42-383-361644804KActive
42-383-361664803KActive
42-383-362201407KShut-in
42-383-362211504KShut-in
42-383-362221908KActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Sep 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys50Sep 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Sep 1, 2025–
Dcp Operating Company, LPCasinghead gasGathers50Sep 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Sep 1, 2025–
Dcp Operating Company, LPCasinghead gasGathers23Apr 1, 2017Sep 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers77Oct 1, 2015Sep 1, 2025
Dcp Operating Company, LPCasinghead gasBuys23Apr 1, 2017Sep 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys77Nov 1, 2015Sep 1, 2025
Plains Marketing, L.p.OilGathers100Apr 1, 2004Sep 1, 2025

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

22,080 acres on the newest permit

The wells on this lease state different acreage

The permits state between 80 and 22,080 acres.

239 wells are listed on this lease

Permits for Merchant Unit
API numberWell no.Acreson the permit
42-383-362211504K22,080
42-383-362221908K22,080
42-383-362201407K22,080
42-383-361664803K22,080
42-383-361593704K22,080
42-383-361634406A22,080
42-383-361644804K22,080
42-383-358382506A22,080
42-383-358393504K22,080
42-383-358403238K22,080
42-383-357563224K22,080
42-383-35729207A22,080

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

Estimate your royalty

36 months, newest first

Ledger for MERCHANT UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263001841,0538420$80.46$2.89
Jun 20264305321,3031,0990$84.81$3.15
May 20264525381,7491,5380$102.13$2.94
Apr 20263341841,6411,4370$100.32$2.77
Mar 20266067262,4832,2720$91.38$3.04
Feb 20267387002,3112,1210$64.51$3.62
Jan 20264025191,5331,3220$60.04$7.72
Dec 20257907082,0811,8700$57.97$4.26
Nov 20258561,2804,1633,8750$60.06$3.79
Oct 20251,2439173,7163,4180$60.89$3.19
Sep 20251,1161,4413,4833,1950$63.96$2.97
Aug 20251,2331,0063,1852,8870$64.86$2.91
Jul 20251,3952,1893,8153,5170$68.39$3.20
Jun 20257838923,1372,8490$68.17$3.02
May 20255233502,9192,6210$62.17$3.12
Apr 20251,1411,2465,1944,7020$63.54$3.42
Mar 20256428764,5703,9750$68.24$4.12
Feb 20259041,4274,7254,1090$71.53$4.19
Jan 20251,4281,0656,1635,4810$75.74$4.13
Dec 20241,7251,7796,8296,1470$70.12$3.01
Nov 20241,6541,7666,4895,8290$69.95$2.12
Oct 20241,6911,2287,2226,5400$71.99$2.20
Sep 20241,2171,9666,3565,6120$70.24$2.28
Aug 20241,6192,0404,3623,2090$76.68$1.99
Jul 20241,4401,3566,7245,4840$81.80$2.07
Jun 20241,7212,5988,2637,1130$79.77$2.54
May 20241,9201,7618,7857,6320$80.02$2.12
Apr 20241,9001,6099,0027,8020$85.35$1.60
Mar 20241,9592,3409,9858,7450$81.28$1.49
Feb 20242,2472,4109,9538,5150$77.25$1.72
Jan 20241,9592,17611,2479,7090$74.15$3.18
Dec 20231,9842,15312,37710,8390$71.90$2.52
Nov 20232,4252,47712,70911,1370$77.69$2.71
Oct 20232,1662,13512,65311,0290$85.64$2.98
Sep 20232,0801,9299,8068,2340$89.43$2.64
Aug 20232,6522,81510,9959,3710$81.39$2.58

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

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Nearby

Pioneer Natural Res. USA, Inc. in Reagan County

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