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Texas oil lease

Producing

PENROSE-OLDHAM

Penrose-Oldham is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

41bbl oil, last 12 months
RRC lease
08-37659

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production for PENROSE-OLDHAM, Aug 2023 to Jul 2026. Oil output over the last 12 months. 41 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 41 bblbbl per month01020304050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production for PENROSE-OLDHAM, Aug 2023 to Jul 2026. Oil output over the last 12 months. 41 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per month01020304050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on PENROSE-OLDHAM
API numberWell no.Status
42-329-353355Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Dec 20, 2005
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

80 acres on the newest permit

Permits for Penrose-Oldham
API numberWell no.Acreson the permit
42-329-35335580

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

Estimate your royalty

36 months, newest first

Ledger for PENROSE-OLDHAM
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202600$80.46$2.89
Jun 20264170$84.81$3.15
May 202600$102.13$2.94
Apr 202600$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 202500$60.06$3.79
Oct 202500$60.89$3.19
Sep 202500$63.96$2.97
Aug 202500$64.86$2.91
Jul 202500$68.39$3.20
Jun 202500$68.17$3.02
May 202500$62.17$3.12
Apr 202500$63.54$3.42
Mar 202500$68.24$4.12
Feb 202500$71.53$4.19
Jan 202500$75.74$4.13
Dec 202400$70.12$3.01
Nov 202400$69.95$2.12
Oct 202400$71.99$2.20
Sep 202400$70.24$2.28
Aug 202400$76.68$1.99
Jul 202400$81.80$2.07
Jun 202400$79.77$2.54
May 202400$80.02$2.12
Apr 202400$85.35$1.60
Mar 202400$81.28$1.49
Feb 202400$77.25$1.72
Jan 202400$74.15$3.18
Dec 202300$71.90$2.52
Nov 202300$77.69$2.71
Oct 202300$85.64$2.98
Sep 202300$89.43$2.64
Aug 202300$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

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