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Texas oil lease

Producing

PONY DEAL UNIT A 12

Pony Deal Unit A 12 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Wolfbone (Trend Area) field.

2 wells

22,466bbl oil, last 12 months−52% vs prior year
RRC lease
08-46126

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
40,701 mcf
Oil in Jul 2026
2,155 bbl

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for PONY DEAL UNIT A 12, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 22,466 bbl in the 12 months through Jul 2026, against 46,696 bbl in the 12 months before.Last 12 months: 22,466 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for PONY DEAL UNIT A 12, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 22,466 bbl in the 12 months through Jul 2026, against 46,696 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 4.1% of the gas in Apr 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since May 2026 the lease's gas goes to a processing plant instead of lease fuelShare of PONY DEAL UNIT A 12 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 4.1% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: fuel to plantFlared 4.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a processing plant instead of lease fuelShare of PONY DEAL UNIT A 12 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 4.1% of the gas in Apr 2024.Share of gas by disposition code0%50%100%May 26: fuel to plantFlared 4.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 44,335 mcf

  • Lease fuel (1)

    18% · 10,187 mcf

  • Flared (4)

    1.8% · 975 mcf

1.8% of the gas flared in the last 12 months. One month above 3%.

2 wells on this lease

Wells on PONY DEAL UNIT A 12
API numberWell no.Status
42-389-344411HActive
42-389-353825HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers20Oct 1, 2024–
Etp Crude LLCOilGathers20Oct 1, 2024–
Noble Energy INCOilGathers20Oct 1, 2024–
Oryx Delaware Oil Transport LLCOilGathers20Oct 1, 2024–
Plains Marketing, L.p.OilGathers20Oct 1, 2024–
Energy Transfer CompanyCasinghead gasBuys100Feb 6, 2017–
Noble Energy INCCasinghead gasGathers100Oct 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Feb 6, 2017Oct 1, 2024
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Oct 1, 2024
Oryx Delaware Oil Transport LLCOilGathers25Jan 1, 2023Oct 1, 2024
Shell Trading (Us) CompanyOilGathers25Jan 1, 2023Oct 1, 2024
Eastex Crude CompanyOilGathers33Mar 2, 2022Jan 1, 2023
Oryx Delaware Oil Transport LLCOilGathers34Mar 2, 2022Jan 1, 2023

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

320 acres on the newest permit

Permits for Pony Deal Unit A 12
API numberWell no.Acreson the permit
42-389-353825H320
42-389-344411H320

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

What Chevron Corporation told investors it received

Noble Energy Inc is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for PONY DEAL UNIT A 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,1552,4413,9213,01871$80.46$2.89
Jun 20263,1033,2014,7113,716102$84.81$3.15
May 20262,7762,4744,4423,57892$102.13$2.94
Apr 202605000$100.32$2.77
Mar 2026440514341$91.38$3.04
Feb 20262,7613,1464,8834,00991$64.51$3.62
Jan 20263,3753,0815,4234,386111$60.04$7.72
Dec 20251,3581,2242,6501,67545$57.97$4.26
Nov 202500000$60.06$3.79
Oct 20252,3972,4534,7003,69179$60.89$3.19
Sep 20252,0552,0374,3353,36768$63.96$2.97
Aug 20252,4422,4645,1224,11781$64.86$2.91
Jul 20252,3652,4144,8623,86378$68.39$3.20
Jun 20254,7384,7839,9348,881156$68.17$3.02
May 20253,6793,6037,0205,976121$62.17$3.12
Apr 20252,7872,8005,3494,37092$63.54$3.42
Mar 20254,1714,2717,8616,961138$68.24$4.12
Feb 20253,2613,1045,8004,978108$71.53$4.19
Jan 20254,4114,4569,3728,479165$75.74$4.13
Dec 20245,2185,3059,0718,075177$70.12$3.01
Nov 20243,3403,1976,3385,951110$69.95$2.12
Oct 20244,8254,7909,1218,191159$71.99$2.20
Sep 20244,1494,4886,7805,835137$70.24$2.28
Aug 20243,7523,7306,0325,035124$76.68$1.99
Jul 20244,5404,6136,1915,456150$81.80$2.07
Jun 20247171891,3621,07224$79.77$2.54
May 20244,6014,7438,9078,125152$80.02$2.12
Apr 20245,9145,88410,5669,252434$85.35$1.60
Mar 20244,7224,7757,5186,451156$81.28$1.49
Feb 20241,3341,7462,5671,98544$77.25$1.72
Jan 20249219571,8571,51430$74.15$3.18
Dec 20232,9932,7185,1034,11899$71.90$2.52
Nov 20232,9162,7604,7583,80096$77.69$2.71
Oct 20234,1504,1907,6926,627137$85.64$2.98
Sep 20231,0501,5681,7361,48535$89.43$2.64
Aug 20234,4083,8627,7506,832145$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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