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Texas oil lease

Producing

PECOS SN 43-31 02

Pecos SN 43-31 02 is an oil lease in Glasscock County, Texas, operated by Hannathon Petroleum II, LLC in the Spraberry (Trend Area) field.

2 wells

3,229bbl oil, last 12 months−13% vs prior year
RRC lease
08-49136

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
137,268 mcf
Oil in Jul 2026
434 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for PECOS SN 43-31 02, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 3,229 bbl in the 12 months through Jul 2026, against 3,706 bbl in the 12 months before.Last 12 months: 3,229 bblbbl per monthmcf per month0020010k40020k60030k80040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for PECOS SN 43-31 02, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 3,229 bbl in the 12 months through Jul 2026, against 3,706 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020010k40020k60030k80040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 6.0% of the gas in Oct 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of PECOS SN 43-31 02 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.0% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of PECOS SN 43-31 02 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.0% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Flared 6.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 135,266 mcf

  • Lease fuel (1)

    1.5% · 2,002 mcf

Who has run this lease

The operator changed once, most recently in Apr 2023

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Mar 2023; Hannathon Petroleum II, LLC, Apr 2023 to Jul 20262020202120222023202420252026Changed Apr 2023Diamondback E&P LLCJan 2020 to Mar 2023Hannathon Petroleum II, LLCApr 2023 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Mar 2023; Hannathon Petroleum II, LLC, Apr 2023 to Jul 20262020202120222023202420252026Changed Apr 2023Diamondback E&P LLCJan 2020 to Mar 2023Hannathon Petroleum II, LLCApr 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PECOS SN 43-31 02
API numberWell no.Status
42-173-37289102HActive
42-173-37290202HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50May 1, 2017
Plains Pipeline L.p.OilGathers50May 1, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 1, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 1, 2017

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

771.14 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 Pecos SN 43-31 02
API numberWell no.Acreson the permit
42-173-37290202H771.14
42-173-37289102H771.14

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

Estimate your royalty

36 months, newest first

Ledger for PECOS SN 43-31 02
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hannathon Petroleum43443812,19512,1950$80.46$2.89
Jun 2026Hannathon Petroleum43242514,97914,9790$84.81$3.15
May 2026Hannathon Petroleum3583425,3415,3410$102.13$2.94
Apr 2026Hannathon Petroleum28728510,92310,4980$100.32$2.77
Mar 2026Hannathon Petroleum20820310,6909,8710$91.38$3.04
Feb 2026Hannathon Petroleum19819910,82110,4950$64.51$3.62
Jan 2026Hannathon Petroleum1441418,0157,9110$60.04$7.72
Dec 2025Hannathon Petroleum23623712,05012,0480$57.97$4.26
Nov 2025Hannathon Petroleum24824312,35712,3570$60.06$3.79
Oct 2025Hannathon Petroleum2052028,6758,6750$60.89$3.19
Sep 2025Hannathon Petroleum21522115,33215,3320$63.96$2.97
Aug 2025Hannathon Petroleum26425615,89015,5640$64.86$2.91
Jul 2025Hannathon Petroleum25826313,99013,0570$68.39$3.20
Jun 2025Hannathon Petroleum11914911,67111,3210$68.17$3.02
May 2025Hannathon Petroleum14812913,79613,2920$62.17$3.12
Apr 2025Hannathon Petroleum18519113,90213,3940$63.54$3.42
Mar 2025Hannathon Petroleum21821913,54113,0190$68.24$4.12
Feb 2025Hannathon Petroleum17117612,74512,3380$71.53$4.19
Jan 2025Hannathon Petroleum31433915,44714,9290$75.74$4.13
Dec 2024Hannathon Petroleum61360418,97518,4552$70.12$3.01
Nov 2024Hannathon Petroleum47747417,70517,2610$69.95$2.12
Oct 2024Hannathon Petroleum47950925,60123,7491,526$71.99$2.20
Sep 2024Hannathon Petroleum31032127,87726,591893$70.24$2.28
Aug 2024Hannathon Petroleum41440721,98921,1740$76.68$1.99
Jul 2024Hannathon Petroleum58350029,73528,338409$81.80$2.07
Jun 2024Hannathon Petroleum45956936,99336,0370$79.77$2.54
May 2024Hannathon Petroleum28321223,98523,1510$80.02$2.12
Apr 2024Hannathon Petroleum25325428,55828,5580$85.35$1.60
Mar 2024Hannathon Petroleum24625927,13927,1390$81.28$1.49
Feb 2024Hannathon Petroleum30537628,75928,7590$77.25$1.72
Jan 2024Hannathon Petroleum37833132,12632,1260$74.15$3.18
Dec 2023Hannathon Petroleum44740235,00633,2170$71.90$2.52
Nov 2023Hannathon Petroleum40241034,19432,4550$77.69$2.71
Oct 2023Hannathon Petroleum40340536,45134,8120$85.64$2.98
Sep 2023Hannathon Petroleum32933330,36830,3680$89.43$2.64
Aug 2023Hannathon Petroleum44043619,78519,3371$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

Spraberry (Trend Area) field

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