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Texas oil lease

Producing

PECAN ACRES 23 PSA 3

Pecan Acres 23 Psa 3 is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

28,753bbl oil, last 12 months−38% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-49811

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
253,399 mcf
Oil in Jul 2026
898 bbl

Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for PECAN ACRES 23 PSA 3, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 28,753 bbl in the 12 months through Jul 2026, against 46,277 bbl in the 12 months before.Last 12 months: 28,753 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for PECAN ACRES 23 PSA 3, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 28,753 bbl in the 12 months through Jul 2026, against 46,277 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kJan 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 3 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 3 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% · 249,952 mcf

  • Lease fuel (1)

    0.8% · 2,126 mcf

  • Flared (4)

    0.5% · 1,321 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 3
API numberWell no.Status
42-329-4097810SHActive
42-329-409813HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Feb 8, 2018
Plains Pipeline L.p.OilGathers50Feb 8, 2018
Dcp Operating Company, LPCasinghead gasBuys50Feb 8, 2018
Enlink Gas Marketing, LPCasinghead gasBuys50Feb 8, 2018
Dcp Operating Company, LPCasinghead gasGathers50Feb 8, 2018
Enlink North Texas Gathering, LPCasinghead gasGathers50Feb 8, 2018

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

Who buys my oilOil price check

1,139.46 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • 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.

  • 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 3
API numberWell no.Acreson the permit
42-329-409813H1,139.46
42-329-4097810SH1,139.46

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PECAN ACRES 23 PSA 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural8989897,3387,062131$80.46$2.89
Jun 2026Pioneer Natural7887485,8595,65925$84.81$3.15
May 2026Pioneer Natural3,1303,09026,13425,820128$102.13$2.94
Apr 2026Pioneer Natural2,6052,70023,41123,117125$100.32$2.77
Mar 2026Pioneer Natural2,6602,60018,81118,557102$91.38$3.04
Feb 2026Pioneer Natural1,6461,73912,83212,65851$64.51$3.62
Jan 2026Pioneer Natural1,9511,88015,42215,16081$60.04$7.72
Dec 2025Pioneer Natural2,3962,44619,97719,69877$57.97$4.26
Nov 2025Pioneer Natural2,5422,57430,39230,08379$60.06$3.79
Oct 2025Pioneer Natural3,6543,49633,36633,062108$60.89$3.19
Sep 2025Pioneer Natural3,2283,32930,18129,799202$63.96$2.97
Aug 2025Pioneer Natural3,2553,25529,67629,277212$64.86$2.91
Jul 2025Pioneer Natural3,2783,26430,32329,935211$68.39$3.20
Jun 2025Pioneer Natural3,7023,60931,38630,959251$68.17$3.02
May 2025Pioneer Natural3,9203,97033,52533,030312$62.17$3.12
Apr 2025Pioneer Natural3,5783,64530,51330,050293$63.54$3.42
Mar 2025Pioneer Natural4,3854,27232,18231,625361$68.24$4.12
Feb 2025Pioneer Natural3,2503,26619,77019,465161$71.53$4.19
Jan 2025Pioneer Natural2,5922,60314,75114,60713$75.74$4.13
Dec 2024Pioneer Natural4,8614,84540,75840,46885$70.12$3.01
Nov 2024Pioneer Natural4,2494,24840,16539,90282$69.95$2.12
Oct 2024Pioneer Natural4,0724,13130,49630,167158$71.99$2.20
Sep 2024Pioneer Natural3,5813,57821,37721,048171$70.24$2.28
Aug 2024Pioneer Natural4,8095,00237,67637,239250$76.68$1.99
Jul 2024Pioneer Natural6,2396,00530,24129,814278$81.80$2.07
Jun 2024Pioneer Natural5,8176,09314,48914,160231$79.77$2.54
May 2024Pioneer Natural8,5318,22418,61618,213265$80.02$2.12
Apr 2024Pioneer Natural2,7872,7524,3614,23768$85.35$1.60
Mar 2024Pioneer Natural7137422,0812,02231$81.28$1.49
Feb 2024Pioneer Natural2,5042,6198,9478,77689$77.25$1.72
Jan 2024Pioneer Natural5,5745,50713,81713,66251$74.15$3.18
Dec 2023Pioneer Natural6,2676,25212,88712,677106$71.90$2.52
Nov 2023Pioneer Natural2,6562,6095,0704,833126$77.69$2.71
Oct 2023Pioneer Natural2,0161,9645,1694,864224$85.64$2.98
Sep 2023Pioneer Natural2,6502,8116,8206,517233$89.43$2.64
Aug 2023Pioneer Natural3,6573,6639,3148,927298$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

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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