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Texas oil lease

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PARKS 1200 UNIT 1

Parks 1200 Unit 1 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

4 wells

144,720bbl oil, last 12 months−30% vs prior year
Operator
XTO Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-56426

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
224,213 mcf
Oil in Jul 2026
10,720 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for PARKS 1200 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 144,720 bbl in the 12 months through Jul 2026, against 208,220 bbl in the 12 months before.Last 12 months: 144,720 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for PARKS 1200 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 144,720 bbl in the 12 months through Jul 2026, against 208,220 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 9.6% of the gas in Jan 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of PARKS 1200 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.6% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of PARKS 1200 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.6% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 9.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 220,950 mcf

  • Lease fuel (1)

    1.1% · 2,573 mcf

  • Flared (4)

    0.3% · 690 mcf

0.3% of the gas flared in the last 12 months. 2 months above 3%.

4 wells on this lease

Wells on PARKS 1200 UNIT 1
API numberWell no.Status
42-329-448571221SHActive
42-329-448581204BHActive
42-329-448591224SHActive
42-329-448601222SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Energy Transfer CompanyOilGathers100Jun 13, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jun 13, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jun 13, 2021

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

Who buys my oilOil price check

648.59 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Parks 1200 Unit 1
API numberWell no.Acreson the permit
42-329-448581204BH648.59
42-329-448571221SH648.59
42-329-448591224SH648.59
42-329-448601222SH648.59

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

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36 months, newest first

Ledger for PARKS 1200 UNIT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,72010,6356,1175,94112$80.46$2.89
Jun 20268,4678,48811,18110,91855$84.81$3.15
May 20267,7487,81811,59811,24890$102.13$2.94
Apr 202612,58212,54023,48723,17332$100.32$2.77
Mar 202613,26113,25227,64227,4060$91.38$3.04
Feb 202612,51512,48215,21414,98841$64.51$3.62
Jan 202612,04212,03421,50221,28712$60.04$7.72
Dec 202512,31512,37526,76626,189360$57.97$4.26
Nov 202512,72312,68729,66529,40331$60.06$3.79
Oct 202514,28014,30426,59526,33920$60.89$3.19
Sep 202516,05216,01215,85515,62337$63.96$2.97
Aug 202512,01512,0168,5918,4350$64.86$2.91
Jul 202516,39916,45316,50716,30824$68.39$3.20
Jun 202513,99313,92817,45517,2970$68.17$3.02
May 202515,23615,25315,29515,11420$62.17$3.12
Apr 202516,09816,10219,32319,11924$63.54$3.42
Mar 202517,52817,54426,35126,009139$68.24$4.12
Feb 202515,28015,27619,23019,0490$71.53$4.19
Jan 202516,55416,58019,30917,2341,863$75.74$4.13
Dec 202418,06718,10017,28317,0960$70.12$3.01
Nov 202421,35621,47517,49317,2780$69.95$2.12
Oct 202419,96920,00523,62223,3660$71.99$2.20
Sep 202418,75618,57523,19022,225710$70.24$2.28
Aug 202418,98418,98123,65023,4200$76.68$1.99
Jul 202419,46619,45528,85528,5990$81.80$2.07
Jun 202415,82415,78918,09717,8990$79.77$2.54
May 202418,24518,27531,05430,8390$80.02$2.12
Apr 202419,16619,10631,00430,8100$85.35$1.60
Mar 202420,48620,54523,78823,6050$81.28$1.49
Feb 202419,38819,48513,68413,5120$77.25$1.72
Jan 202421,01520,82311,68711,4900$74.15$3.18
Dec 202321,95322,00120,45820,2390$71.90$2.52
Nov 202322,45322,50820,85220,6390$77.69$2.71
Oct 202323,57923,54329,12928,8840$85.64$2.98
Sep 202323,97324,04032,79732,5630$89.43$2.64
Aug 202324,66824,61339,52739,159129$81.39$2.58

Flared above 3%

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

OperatorXTO Energy Inc.FieldSpraberry (Trend Area)CountyMidland County

XTO Energy Inc. in Midland County

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Spraberry (Trend Area) field

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