Texas oil lease

Producing

MORGAN-OWENS 24B

Name: MORGAN-OWENS 24B monthly oil and gas production, Upton County, Texas
Creator: Texas Railroad Commission

Morgan-Owens 24B is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

58,666bbl oil, since Apr 2026

Operator: Pioneer Natural Res. USA, Inc.
County: Upton County
Field: Spraberry (Trend Area)
RRC lease: 7C-23497

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Where it sits

This county

Upton County

Gas, since Apr 2026: 60,473 mcf
Oil in Jul 2026: 21,107 bbl

First check

Production started April 2026; the first check is due by about August 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 4 reported months

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 4 months reported

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MORGAN-OWENS 24B
API number	Well no.	Status
42-461-43269	2H	Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Medallion Operating Company, LLC	Oil	Gathers	100	Dec 1, 2025
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Buys	100	Dec 1, 2025
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Gathers	100	Dec 1, 2025

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

Who buys my oil Oil price check

1,421.67 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.

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Permits for Morgan-Owens 24B
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-461-43269	2H	Aug 8, 2025	Dec 1, 2025	1,421.67	Horizontal, allocation

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

Unit decimal checker

Estimate your royalty

4 months, newest first

Ledger for MORGAN-OWENS 24B
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	21,107	21,061	20,565	20,565	$80.46	$2.89
Jun 2026	19,620	19,685	19,333	19,333	$84.81	$3.15
May 2026	17,255	17,097	19,942	19,942	$102.13	$2.94
Apr 2026	684	599	633	633	$100.32	$2.77

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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