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Texas oil lease

Producing

PECAN ACRES 23 PSA 2

Pecan Acres 23 Psa 2 is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

25,091bbl oil, last 12 months−33% vs prior year
RRC lease
08-48208

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
95,084 mcf
Oil in Jul 2026
1,744 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PECAN ACRES 23 PSA 2, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 25,091 bbl in the 12 months through Jul 2026, against 37,418 bbl in the 12 months before.Last 12 months: 25,091 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PECAN ACRES 23 PSA 2, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 25,091 bbl in the 12 months through Jul 2026, against 37,418 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 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 2 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 2 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% · 105,975 mcf

  • Lease fuel (1)

    0.8% · 911 mcf

  • Flared (4)

    0.6% · 665 mcf

0.6% 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 2
API numberWell no.Status
42-329-406089SHActive
42-329-4060916AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Oct 15, 2016
Plains Pipeline L.p.OilGathers50Oct 15, 2016
Dcp Operating Company, LPCasinghead gasBuys50Apr 1, 2017
Enlink Gas Marketing, LPCasinghead gasBuys50Oct 15, 2016
Dcp Operating Company, LPCasinghead gasGathers50Apr 1, 2017
Enlink North Texas Gathering, LPCasinghead gasGathers50Oct 15, 2016

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 2
API numberWell no.Acreson the permit
42-329-406089SH1,139.46
42-329-4060916AH1,139.46

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

Estimate your royalty

36 months, newest first

Ledger for PECAN ACRES 23 PSA 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural1,7441,6996,4086,166115$80.46$2.89
Jun 2026Pioneer Natural5545262,5312,44511$84.81$3.15
May 2026Pioneer Natural2,2132,23512,30312,15560$102.13$2.94
Apr 2026Pioneer Natural3,1773,35014,27014,09176$100.32$2.77
Mar 2026Pioneer Natural4,0164,04013,43613,25473$91.38$3.04
Feb 2026Pioneer Natural3,8963,80110,39610,25541$64.51$3.62
Jan 2026Pioneer Natural1,9061,7482,8202,77215$60.04$7.72
Dec 2025Pioneer Natural9809161,0191,0054$57.97$4.26
Nov 2025Pioneer Natural0134000$60.06$3.79
Oct 2025Pioneer Natural2,0561,97710,26210,16933$60.89$3.19
Sep 2025Pioneer Natural2,2332,30710,89210,75473$63.96$2.97
Aug 2025Pioneer Natural2,3162,33110,74710,60277$64.86$2.91
Jul 2025Pioneer Natural2,6162,60312,46712,30787$68.39$3.20
Jun 2025Pioneer Natural2,8962,82712,64612,474101$68.17$3.02
May 2025Pioneer Natural3,2763,32913,38413,186125$62.17$3.12
Apr 2025Pioneer Natural3,3243,36114,24214,026137$63.54$3.42
Mar 2025Pioneer Natural3,4863,43213,08812,861147$68.24$4.12
Feb 2025Pioneer Natural3,9033,90613,01512,814106$71.53$4.19
Jan 2025Pioneer Natural2,7862,71910,0679,9689$75.74$4.13
Dec 2024Pioneer Natural1,5651,5898,0487,99117$70.12$3.01
Nov 2024Pioneer Natural2,7532,76213,41513,32727$69.95$2.12
Oct 2024Pioneer Natural3,1263,22113,43113,28670$71.99$2.20
Sep 2024Pioneer Natural3,9423,89310,95810,78988$70.24$2.28
Aug 2024Pioneer Natural3,7453,84614,66914,49997$76.68$1.99
Jul 2024Pioneer Natural3,9563,81719,54619,270180$81.80$2.07
Jun 2024Pioneer Natural4,2274,22814,53414,204232$79.77$2.54
May 2024Pioneer Natural1,7141,6987,2527,095103$80.02$2.12
Apr 2024Pioneer Natural2,3422,5215,6185,45987$85.35$1.60
Mar 2024Pioneer Natural4,5494,4358,8968,644134$81.28$1.49
Feb 2024Pioneer Natural4,7354,76210,0539,86299$77.25$1.72
Jan 2024Pioneer Natural4,6884,64512,38512,24745$74.15$3.18
Dec 2023Pioneer Natural6,0326,03212,93912,729106$71.90$2.52
Nov 2023Pioneer Natural2,9272,8914,4694,260111$77.69$2.71
Oct 2023Pioneer Natural2,8012,7286,7916,390294$85.64$2.98
Sep 2023Pioneer Natural3,6683,8839,5899,162328$89.43$2.64
Aug 2023Pioneer Natural4,8834,89412,53912,018401$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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