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PARKS "5"

Parks "5" is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

8 wells

8,896bbl oil, last 12 months+26% vs prior year
RRC lease
08-38236

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
8,661 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output rose 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 26% over the last 12 monthsMonthly oil production and gas for PARKS "5", Aug 2023 to Jul 2026. Oil output rose 26% over the last 12 months. 8,896 bbl in the 12 months through Jul 2026, against 7,069 bbl in the 12 months before.Last 12 months: 8,896 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 26% over the last 12 monthsMonthly oil production and gas for PARKS "5", Aug 2023 to Jul 2026. Oil output rose 26% over the last 12 months. 8,896 bbl in the 12 months through Jul 2026, against 7,069 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 19.5% of the gas in Aug 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuelShare of PARKS "5" gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 19.5% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2025: fuel to plantFlared 19.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuelShare of PARKS "5" gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 19.5% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Aug 25: fuel to plantFlared 19.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 10,388 mcf

  • Lease fuel (1)

    10.0% · 1,168 mcf

  • Flared (4)

    1.2% · 135 mcf

1.2% of the gas flared in the last 12 months. 4 months above 3%.

8 wells on this lease

Wells on PARKS "5"
API numberWell no.Status
42-329-356661Active
42-329-356672Active
42-329-356683Shut-in
42-329-356694Shut-in
42-329-3671610Active
42-329-3671716HShut-in
42-329-3685817DActive
42-329-379819Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Bridger Transportation, LLCOilGathers100Aug 1, 2014
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

644.10 acres on the newest permit

8 wells are listed on this lease

Permits for Parks "5"
API numberWell no.Acreson the permit
42-329-379819644.10
42-329-3685817D644.10
42-329-3671610644.10
42-329-3671716H644.10
42-329-356672640
42-329-356683640
42-329-356694640
42-329-356661640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for PARKS "5"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 20260269000$102.13$2.94
Apr 2026633575000$100.32$2.77
Mar 20269108991,5001,5000$91.38$3.04
Feb 20266539108868220$64.51$3.62
Jan 20261,5401,3491,0531,0530$60.04$7.72
Dec 20251,3841,3611,7991,5510$57.97$4.26
Nov 20255877096576570$60.06$3.79
Oct 20254874104424420$60.89$3.19
Sep 20251,4361,3671,1391,1390$63.96$2.97
Aug 20251,2661,0471,1851,050135$64.86$2.91
Jul 202500000$68.39$3.20
Jun 2025017000$68.17$3.02
May 202557120212680$62.17$3.12
Apr 20255056996584180$63.54$3.42
Mar 20251,1981,0561,2349860$68.24$4.12
Feb 20259201,0989267020$71.53$4.19
Jan 20259717557174690$75.74$4.13
Dec 20248357496674163$70.12$3.01
Nov 202450887044640$69.95$2.12
Oct 20244274434943420$71.99$2.20
Sep 20246827869897490$70.24$2.28
Aug 20241,4241,2581,4041,130274$76.68$1.99
Jul 202400000$81.80$2.07
Jun 20240115000$79.77$2.54
May 20243933765425411$80.02$2.12
Apr 20244605415435367$85.35$1.60
Mar 20241,156977873717156$81.28$1.49
Feb 20248981,1436386380$77.25$1.72
Jan 20248116873213210$74.15$3.18
Dec 20234464422502500$71.90$2.52
Nov 20235385292852850$77.69$2.71
Oct 20235936436974490$85.64$2.98
Sep 202369767987557659$89.43$2.64
Aug 20236567151,19191528$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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