Texas oil lease

Producing

MORGAN-OWENS 24C

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

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

1 well

68,961bbl oil, since May 2026

Operator: Pioneer Natural Res. USA, Inc.
County: Upton County
Field: Spraberry (Trend Area)
RRC lease: 7C-23499

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Where it sits

This county

Upton County

Gas, since May 2026: 100,721 mcf
Oil in Jul 2026: 23,481 bbl

First check

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

When is my first royalty check due?

Production by month

Oil output over 3 reported months

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the 3 months reported

Processing plant (3)
Lease fuel (1)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Processing plant (3)
95% · 95,247 mcf
Lease fuel (1)
5.4% · 5,474 mcf

1 well on this lease

Wells on MORGAN-OWENS 24C
API number	Well no.	Status
42-461-43270	3H	Active

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 18, 2025
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Buys	100	Dec 18, 2025
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Gathers	100	Dec 18, 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.

Check your decimal on this lease

Permits for Morgan-Owens 24C
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-461-43270	3H	Aug 8, 2025	Dec 18, 2025	1,421.67	Horizontal, allocation

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

Unit decimal checker

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3 months, newest first

Ledger for MORGAN-OWENS 24C
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	23,481	23,448	47,813	44,709	$80.46	$2.89
Jun 2026	23,878	23,966	38,257	35,887	$84.81	$3.15
May 2026	21,602	21,297	14,651	14,651	$102.13	$2.94

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

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