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Texas oil lease

Producing

PECAN ACRES 23 PSA 1

Pecan Acres 23 Psa 1 is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

14,725bbl oil, last 12 months−43% vs prior year
RRC lease
08-47494

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
75,846 mcf
Oil in Jul 2026
927 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

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

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Production by month

Oil output fell 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for PECAN ACRES 23 PSA 1, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 14,725 bbl in the 12 months through Jul 2026, against 25,613 bbl in the 12 months before.Last 12 months: 14,725 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for PECAN ACRES 23 PSA 1, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 14,725 bbl in the 12 months through Jul 2026, against 25,613 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kJan 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 4.3% of the gas in Oct 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of PECAN ACRES 23 PSA 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 4.3% of the gas in Oct 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of PECAN ACRES 23 PSA 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 4.3% of the gas in Oct 2023.Share of gas by disposition code0%50%100%Flared 4.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 74,818 mcf

  • Lease fuel (1)

    0.9% · 648 mcf

  • Flared (4)

    0.5% · 380 mcf

0.5% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2021

Operators of this lease over timeDe3 Operating LLC, Jan 2020 to May 2021; Pioneer Natural Res. USA, Inc., Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021De3 Operating LLCJan 2020 to May 2021Pioneer Natural Res. USA, Inc.Jun 2021 to now
Operators of this lease over timeDe3 Operating LLC, Jan 2020 to May 2021; Pioneer Natural Res. USA, Inc., Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021De3 Operating LLCJan 2020 to May 2021Pioneer Natural Res. USA, Inc.Jun 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PECAN ACRES 23 PSA 1
API numberWell no.Status
42-329-398771HActive
42-329-398802SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers50Dec 3, 2015–
Plains Pipeline L.p.OilGathers50Dec 3, 2015–
Dcp Operating Company, LPCasinghead gasBuys50Apr 1, 2017–
Oneok Midland Midstream, LLCCasinghead gasBuys50Apr 1, 2026–
Dcp Operating Company, LPCasinghead gasGathers50Apr 1, 2017–
Enlink Midstream Services, LLCCasinghead gasGathers50Apr 1, 2026–
Enlink North Texas Gathering, LPCasinghead gasGathers50Jun 1, 2016Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys50Dec 3, 2015Apr 1, 2026

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

1,139.46 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 Pecan Acres 23 Psa 1
API numberWell no.Acreson the permit
42-329-398802SH1,139.46
42-329-398771H1,139.46

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

Estimate your royalty

36 months, newest first

Ledger for PECAN ACRES 23 PSA 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural9279401,6051,54429$80.46$2.89
Jun 2026Pioneer Natural4564221,1951,1545$84.81$3.15
May 2026Pioneer Natural1,5791,5405,2865,22226$102.13$2.94
Apr 2026Pioneer Natural8098243,9723,92221$100.32$2.77
Mar 2026Pioneer Natural6356706,0886,00633$91.38$3.04
Feb 2026Pioneer Natural9951,0765,6945,61722$64.51$3.62
Jan 2026Pioneer Natural1,3921,3407,4727,34539$60.04$7.72
Dec 2025Pioneer Natural1,6881,6989,2359,10636$57.97$4.26
Nov 2025Pioneer Natural1,4771,4679,1939,09924$60.06$3.79
Oct 2025Pioneer Natural1,6841,6149,5329,44531$60.89$3.19
Sep 2025Pioneer Natural1,6261,6678,6888,57858$63.96$2.97
Aug 2025Pioneer Natural1,4571,4747,8867,78056$64.86$2.91
Jul 2025Pioneer Natural1,7801,7709,3989,27865$68.39$3.20
Jun 2025Pioneer Natural1,9431,8938,1518,04065$68.17$3.02
May 2025Pioneer Natural2,0032,0377,7887,67273$62.17$3.12
Apr 2025Pioneer Natural2,0902,0817,1737,06469$63.54$3.42
Mar 2025Pioneer Natural1,4561,4273,6793,61641$68.24$4.12
Feb 2025Pioneer Natural1,3891,4443,0102,96325$71.53$4.19
Jan 2025Pioneer Natural2,4482,4216,3086,2466$75.74$4.13
Dec 2024Pioneer Natural2,8662,8648,3408,28117$70.12$3.01
Nov 2024Pioneer Natural2,8532,8628,2288,17417$69.95$2.12
Oct 2024Pioneer Natural3,2153,2227,3087,22938$71.99$2.20
Sep 2024Pioneer Natural1,8541,8305,2865,20542$70.24$2.28
Aug 2024Pioneer Natural1,7161,8146,3096,23642$76.68$1.99
Jul 2024Pioneer Natural2,7752,6637,5567,45069$81.80$2.07
Jun 2024Pioneer Natural2,1332,1784,4404,33971$79.77$2.54
May 2024Pioneer Natural1,8781,8584,5004,40364$80.02$2.12
Apr 2024Pioneer Natural2,4402,4734,5664,43671$85.35$1.60
Mar 2024Pioneer Natural1,8291,7964,4594,33367$81.28$1.49
Feb 2024Pioneer Natural2,3712,4053,4473,38234$77.25$1.72
Jan 2024Pioneer Natural2,9752,9183,5513,51113$74.15$3.18
Dec 2023Pioneer Natural2,2322,2273,2463,19327$71.90$2.52
Nov 2023Pioneer Natural9339331,4021,33635$77.69$2.71
Oct 2023Pioneer Natural1,3581,3233,2143,024139$85.64$2.98
Sep 2023Pioneer Natural2,2792,3466,2285,951213$89.43$2.64
Aug 2023Pioneer Natural1,5261,5893,9643,799127$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

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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