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Texas oil lease

Producing

PARKS FIELD UNIT #2

Parks Field Unit #2 is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Parks (Fusselman-Montoya) field.

10 wells

2,083bbl oil, last 12 months+81% vs prior year
Operator
XTO Energy Inc.
County
Midland County
Field
Parks (Fusselman-Montoya)
RRC lease
08-28207

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
14,258 mcf
Oil in Jul 2026
286 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Jun 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 81% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 81% over the last 12 monthsMonthly oil production and gas for PARKS FIELD UNIT #2, Aug 2023 to Jul 2026. Oil output rose 81% over the last 12 months. 2,083 bbl in the 12 months through Jul 2026, against 1,152 bbl in the 12 months before.Last 12 months: 2,083 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 81% over the last 12 monthsMonthly oil production and gas for PARKS FIELD UNIT #2, Aug 2023 to Jul 2026. Oil output rose 81% over the last 12 months. 2,083 bbl in the 12 months through Jul 2026, against 1,152 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jan 24JulJan 25JulJan 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 last 12 months

Flaring peaked at 34.3% of the gas in Apr 2026.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of PARKS FIELD UNIT #2 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 34.3% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 34.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of PARKS FIELD UNIT #2 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 34.3% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 34.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 13,977 mcf

  • Flared (4)

    2.0% · 281 mcf

2.0% of the gas flared in the last 12 months. 2 months above 3%.

10 wells on this lease

Wells on PARKS FIELD UNIT #2
API numberWell no.Status
42-329-008142401Active
42-329-009742301Shut-in
42-329-010001801Shut-in
42-329-311382311Active
42-329-312002312Active
42-329-312751917Active
42-329-312912314Active
42-329-313162315Shut-in
42-329-313201918Active
42-329-321811826Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Apr 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys50Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys50Jun 1, 2026–
Dcp Operating Company, LPCasinghead gasGathers50Apr 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Apr 1, 2025–
Energy Transfer CompanyCasinghead gasBuys50Apr 1, 2025Jun 1, 2026
Dcp Operating Company, LPCasinghead gasGathers10Apr 1, 2017Apr 1, 2025
Energy Transfer CompanyCasinghead gasGathers90Aug 1, 2014Apr 1, 2025
Dcp Operating Company, LPCasinghead gasBuys10Apr 1, 2017Apr 1, 2025
Energy Transfer CompanyCasinghead gasBuys90Aug 1, 2014Apr 1, 2025
Centurion Pipeline L.p.OilGathers100Sep 1, 2004Apr 1, 2025

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

Who buys my oilOil price check

4,897.60 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 4,897.6 and 4,898 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    12 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Field Unit #2
API numberWell no.Acreson the permit
42-329-3120023124,897.60
42-329-3123522084,897.60
42-329-3132019184,897.60
42-329-3127519174,897.60
42-329-3218118264,897.60
42-329-0081424014,897.60
42-329-3132225054,897.60
42-329-0097423014,897.60
42-329-3131623154,898
42-329-3129123144,898
42-329-0100018014,898
42-329-3113823114,898

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

Unit decimal checker

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36 months, newest first

Ledger for PARKS FIELD UNIT #2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262861621,5161,5160$80.46$2.89
Jun 202620335222921118$84.81$3.15
May 20261341045043911$102.13$2.94
Apr 202638633718472246$100.32$2.77
Mar 2026002,0252,0223$91.38$3.04
Feb 2026001,0611,0610$64.51$3.62
Jan 2026002,7812,7783$60.04$7.72
Dec 202501412,3832,3830$57.97$4.26
Nov 20252082707887880$60.06$3.79
Oct 20251391896506500$60.89$3.19
Sep 20256164809749740$63.96$2.97
Aug 20251111046836830$64.86$2.91
Jul 202510981551550$68.39$3.20
Jun 2025123094940$68.17$3.02
May 2025265887870$62.17$3.12
Apr 2025461291281280$63.54$3.42
Mar 20251871591261260$68.24$4.12
Feb 2025611194934930$71.53$4.19
Jan 2025190301,1781,1780$75.74$4.13
Dec 202414324414410$70.12$3.01
Nov 2024411293113110$69.95$2.12
Oct 20241651885325320$71.99$2.20
Sep 20241741347687680$70.24$2.28
Aug 20241271706536530$76.68$1.99
Jul 20242553489599590$81.80$2.07
Jun 20243152531,0121,0120$79.77$2.54
May 20244483811,1071,1070$80.02$2.12
Apr 20241742827207200$85.35$1.60
Mar 20245725401,2891,2890$81.28$1.49
Feb 20243953331,3691,3690$77.25$1.72
Jan 20244234941,9651,9650$74.15$3.18
Dec 20235675222,0152,0150$71.90$2.52
Nov 20234895232,0442,0440$77.69$2.71
Oct 20235605212,3642,3640$85.64$2.98
Sep 20234505012,2352,2350$89.43$2.64
Aug 20235266182,3812,3810$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.FieldParks (Fusselman-Montoya)CountyMidland County

XTO Energy Inc. in Midland County

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Parks (Fusselman-Montoya) field

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