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Texas oil lease

Producing

PUTNAM THE PIO 32

Putnam the Pio 32 is an oil lease in Andrews County, Texas, operated by Scout Energy Management LLC in the Spraberry (Trend Area) field.

8 wells

201,038bbl oil, last 12 months−13% vs prior year
Operator
Scout Energy Management LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-60451

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
821,908 mcf
Oil in Jul 2026
11,139 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Scout Energy Management LLC took over from Birch Operations, Inc. in Oct 2024.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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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 PUTNAM THE PIO 32, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 201,038 bbl in the 12 months through Jul 2026, against 232,340 bbl in the 12 months before.Last 12 months: 201,038 bblbbl per monthmcf per month0050k50k100k100k150k150k200k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for PUTNAM THE PIO 32, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 201,038 bbl in the 12 months through Jul 2026, against 232,340 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k50k100k100k150k150k200k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 25.7% of the gas in Sep 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of PUTNAM THE PIO 32 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 25.7% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to lineFlared 25.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of PUTNAM THE PIO 32 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 25.7% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Feb 26: fuel to lineFlared 25.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 758,629 mcf

  • Lease fuel (1)

    7.7% · 63,279 mcf

Who has run this lease

The operator changed once, most recently in Oct 2024

Operators of this lease over timeBirch Operations, Inc., Aug 2023 to Sep 2024; Scout Energy Management LLC, Oct 2024 to Jul 2026202420252026Changed Oct 2024Birch Operations, Inc.Aug 2023 to Sep 2024Scout Energy Management LLCOct 2024 to now
Operators of this lease over timeBirch Operations, Inc., Aug 2023 to Sep 2024; Scout Energy Management LLC, Oct 2024 to Jul 2026202420252026Changed Oct 2024Birch Operations, Inc.Aug 2023 to Sep 2024Scout Energy Management LLCOct 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on PUTNAM THE PIO 32
API numberWell no.Status
42-003-487481LSActive
42-003-487491MSActive
42-003-487503LSActive
42-003-487514WBActive
42-003-487526LSActive
42-003-487536WAActive
42-003-487547MSActive
42-003-487557LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers50May 26, 2026–
Plains Pipeline L.p.OilGathers50May 26, 2026–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 26, 2026–
Enlink Permian, LLCCasinghead gasGathers100May 26, 2026–
Transoil Marketing, LLCOilGathers100Jun 1, 2025May 26, 2026
Enlink Permian, LLCCasinghead gasGathers100Aug 18, 2023Jun 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 18, 2023Jun 1, 2025
Plains Pipeline L.p.OilGathers100Aug 18, 2023Jun 1, 2025

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

Who buys my oilOil price check

320 acres on the newest permit

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Putnam the Pio 32
API numberWell no.Acreson the permit
42-003-487491MS320
42-003-487514WB320
42-003-487536WA320
42-003-487557LS320
42-003-487481LS320
42-003-487503LS320
42-003-487526LS320
42-003-487547MS320

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PUTNAM THE PIO 32
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Scout Energy11,13911,83750,71550,7150$80.46$2.89
Jun 2026Scout Energy15,08214,66956,44356,4430$84.81$3.15
May 2026Scout Energy16,42016,07376,64576,6450$102.13$2.94
Apr 2026Scout Energy14,05914,12282,15482,1540$100.32$2.77
Mar 2026Scout Energy20,36820,77291,67591,6750$91.38$3.04
Feb 2026Scout Energy16,38716,10371,45471,4540$64.51$3.62
Jan 2026Scout Energy15,84315,78663,27900$60.04$7.72
Dec 2025Scout Energy17,96717,95377,34577,3450$57.97$4.26
Nov 2025Scout Energy18,97618,90669,38769,3870$60.06$3.79
Oct 2025Scout Energy17,59117,60155,14255,1420$60.89$3.19
Sep 2025Scout Energy16,68016,71553,10553,1050$63.96$2.97
Aug 2025Scout Energy20,52620,49374,56474,5640$64.86$2.91
Jul 2025Scout Energy20,37420,81676,85976,8590$68.39$3.20
Jun 2025Scout Energy16,76416,49865,34965,3490$68.17$3.02
May 2025Scout Energy16,09215,96968,12868,1280$62.17$3.12
Apr 2025Scout Energy15,86715,76244,55044,5500$63.54$3.42
Mar 2025Scout Energy14,77815,29044,92944,9290$68.24$4.12
Feb 2025Scout Energy17,40317,20033,65033,6500$71.53$4.19
Jan 2025Scout Energy15,87415,83925,75925,7590$75.74$4.13
Dec 2024Scout Energy13,24113,48425,89525,8950$70.12$3.01
Nov 2024Scout Energy19,21719,24927,39427,3940$69.95$2.12
Oct 2024Scout Energy16,94616,85035,89735,8970$71.99$2.20
Sep 2024Birch Operations,31,56831,73969,91061,8631,468$70.24$2.28
Aug 2024Birch Operations,34,21634,08370,31661,5401,396$76.68$1.99
Jul 2024Birch Operations,27,86527,85460,41454,83050$81.80$2.07
Jun 2024Birch Operations,39,30539,36276,07672,66478$79.77$2.54
May 2024Birch Operations,43,62543,65677,17272,60115$80.02$2.12
Apr 2024Birch Operations,33,09932,89463,41855,9502,462$85.35$1.60
Mar 2024Birch Operations,38,30638,23679,80674,6977$81.28$1.49
Feb 2024Birch Operations,53,72353,783100,40488,8136,242$77.25$1.72
Jan 2024Birch Operations,61,46261,510111,153102,6911,981$74.15$3.18
Dec 2023Birch Operations,79,90579,789141,082134,4240$71.90$2.52
Nov 2023Birch Operations,99,48899,449154,867148,7002$77.69$2.71
Oct 2023Birch Operations,141,018140,630183,736176,796695$85.64$2.98
Sep 2023Birch Operations,24,66924,69526,66918,9506,843$89.43$2.64
Aug 2023Birch Operations,7,8367,7127,1735,0461,784$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

OperatorScout Energy Management LLCFieldSpraberry (Trend Area)CountyAndrews County

Scout Energy Management LLC in Andrews County

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Spraberry (Trend Area) field

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