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Texas oil lease

Producing

MORGAN-OWENS 24F

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

1 well

73,687bbl oil, since May 2026
RRC lease
7C-23571

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, since May 2026
72,842 mcf
Oil in Jul 2026
24,047 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)
Oil output over 3 reported monthsMonthly oil production and gas for MORGAN-OWENS 24F, May 2026 to Jul 2026. Oil output over 3 reported months. Too few months reported to show a trend.bbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 25Jan 26AprJul
Oil output over 3 reported monthsMonthly oil production and gas for MORGAN-OWENS 24F, May 2026 to Jul 2026. Oil output over 3 reported months. Too few months reported to show a trend.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the 3 months reported

  • Processing plant (3)
  • Lease fuel (1)
98% of the gas went to a processing plant in the 3 months reportedShare of MORGAN-OWENS 24F gas by disposition code each month, May 2026 to Jul 2026. 98% of the gas went to a processing plant in the 3 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
98% of the gas went to a processing plant in the 3 months reportedShare of MORGAN-OWENS 24F gas by disposition code each month, May 2026 to Jul 2026. 98% of the gas went to a processing plant in the 3 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 71,429 mcf

  • Lease fuel (1)

    1.9% · 1,413 mcf

1 well on this lease

Wells on MORGAN-OWENS 24F
API numberWell no.Status
42-461-432736HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Dec 31, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 31, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 31, 2025

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

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 24F
API numberWell no.Acreson the permit
42-461-432736H1,421.67

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

Estimate your royalty

3 months, newest first

Ledger for MORGAN-OWENS 24F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202624,04724,01022,75322,7530$80.46$2.89
Jun 202624,16324,30324,02422,6110$84.81$3.15
May 202625,47725,11826,06526,0650$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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Nearby

Pioneer Natural Res. USA, Inc. in Upton County

All Pioneer Natural Res. USA, Inc. leases →

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