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Texas oil lease

Producing

NEWMONT-PALOMINO 48A

Newmont-Palomino 48A is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

63,633bbl oil, since Apr 2026
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-23519

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, since Apr 2026
94,862 mcf
Oil in Jul 2026
13,417 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)
Oil output over 4 reported monthsMonthly oil production and gas for NEWMONT-PALOMINO 48A, Apr 2026 to Jul 2026. Oil output over 4 reported months. Too few months reported to show a trend.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 25Jan 26AprJul
Oil output over 4 reported monthsMonthly oil production and gas for NEWMONT-PALOMINO 48A, Apr 2026 to Jul 2026. Oil output over 4 reported months. Too few months reported to show a trend.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the 4 months reported

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the 4 months reportedShare of NEWMONT-PALOMINO 48A gas by disposition code each month, Apr 2026 to Jul 2026. 96% of the gas went to a processing plant in the 4 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
96% of the gas went to a processing plant in the 4 months reportedShare of NEWMONT-PALOMINO 48A gas by disposition code each month, Apr 2026 to Jul 2026. 96% of the gas went to a processing plant in the 4 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 91,132 mcf

  • Lease fuel (1)

    3.7% · 3,509 mcf

  • Flared (4)

    0.2% · 221 mcf

0.2% of the gas flared in the 4 months reported. No month above 3%.

1 well on this lease

Wells on NEWMONT-PALOMINO 48A
API numberWell no.Status
42-383-421841HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Dec 27, 2025
Plains Pipeline L.p.OilGathers50Dec 27, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 27, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 27, 2025

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

Who buys my oilOil price check

647.40 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 Newmont-Palomino 48A
API numberWell no.Acreson the permit
42-383-421841H647.40

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

Unit decimal checker

Estimate your royalty

4 months, newest first

Ledger for NEWMONT-PALOMINO 48A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202613,41713,39328,78027,7680$80.46$2.89
Jun 202614,15814,17724,23123,28590$84.81$3.15
May 202621,20721,17624,46823,5390$102.13$2.94
Apr 202614,85114,77817,38316,540131$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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Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyReagan County

Pioneer Natural Res. USA, Inc. in Reagan County

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Spraberry (Trend Area) field

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