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Texas oil lease

Producing

PIB F

Pib F is an oil lease in Midland County, Texas, operated by Oxyrock Operating, LLC in the Spraberry (Trend Area) field.

1 well

32,497bbl oil, last 12 months
Operator
Oxyrock Operating, LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62777

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
323,137 mcf
Oil in Jul 2026
904 bbl

Production by month

Oil output fell 97% since Dec 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 97% since Dec 2024Monthly oil production and gas for PIB F, Dec 2024 to Jul 2026. Oil output fell 97% since Dec 2024. Monthly average of 852 bbl in the latest 3 months, against 26,976 bbl in the first 3.Last 12 months: 32,497 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 25AprJulOctJan 26AprJul
Oil output fell 97% since Dec 2024Monthly oil production and gas for PIB F, Dec 2024 to Jul 2026. Oil output fell 97% since Dec 2024. Monthly average of 852 bbl in the latest 3 months, against 26,976 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

Flaring peaked at 8.2% of the gas in May 2025.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of PIB F gas by disposition code each month, Dec 2024 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.2% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.2%Jan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of PIB F gas by disposition code each month, Dec 2024 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.2% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 8.2%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PIB F
API numberWell no.Status
42-329-4649717LMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers50Jan 1, 2025
Sunoco Pipeline L.p.OilGathers50Jan 1, 2025
Enterprise Products Operating LLCCasinghead gasBuys100Jan 1, 2025
Enterprise Products Operating LLCCasinghead gasGathers100Jan 1, 2025

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

Who buys my oilOil price check

440 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 Pib F
API numberWell no.Acreson the permit
42-329-4649717LM440

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

Unit decimal checker

Estimate your royalty

20 months, newest first

Ledger for PIB F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202690488813,96713,9670$80.46$2.89
Jun 20263453589,3979,3970$84.81$3.15
May 20261,3081,30618,40718,4070$102.13$2.94
Apr 20261,8531,85620,46720,4670$100.32$2.77
Mar 20261,0201,04415,88715,8870$91.38$3.04
Feb 20263,2603,24534,02134,0210$64.51$3.62
Jan 20263,6343,63838,12738,1270$60.04$7.72
Dec 20253,4783,46630,39530,3950$57.97$4.26
Nov 20253,3463,34329,62829,6280$60.06$3.79
Oct 20254,2574,25736,99536,9950$60.89$3.19
Sep 20254,2564,28436,42736,4270$63.96$2.97
Aug 20254,8364,81939,41939,4190$64.86$2.91
Jul 20255,5295,53441,11941,1190$68.39$3.20
Jun 20257,0397,03544,34844,3480$68.17$3.02
May 20258,7698,76548,41344,4403,973$62.17$3.12
Apr 202511,21911,21954,67753,984693$63.54$3.42
Mar 202515,92515,91547,13346,397736$68.24$4.12
Feb 202529,17129,29844,30644,3060$71.53$4.19
Jan 202538,74238,62826,18426,1840$75.74$4.13
Dec 202413,01612,98810,61310,6130$70.12$3.01

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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This lease belongs to

OperatorOxyrock Operating, LLCFieldSpraberry (Trend Area)CountyMidland County

Oxyrock Operating, LLC in Midland County

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Spraberry (Trend Area) field

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