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Texas oil lease

Producing

RANCHLAND B UNIT

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

2 wells

31,460bbl oil, last 12 months−28% vs prior year
RRC lease
08-52984

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
100,323 mcf
Oil in Jul 2026
2,464 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for RANCHLAND B UNIT, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 31,460 bbl in the 12 months through Jul 2026, against 43,922 bbl in the 12 months before.Last 12 months: 31,460 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for RANCHLAND B UNIT, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 31,460 bbl in the 12 months through Jul 2026, against 43,922 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 12.2% of the gas in Apr 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of RANCHLAND B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.2% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 12.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of RANCHLAND B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.2% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 12.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 97,366 mcf

  • Flared (4)

    2.7% · 2,686 mcf

  • Lease fuel (1)

    0.3% · 271 mcf

2.7% of the gas flared in the last 12 months. 11 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on RANCHLAND B UNIT
API numberWell no.Status
42-329-423364311HActive
42-329-423372811HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Feb 1, 2025–
Enterprise Products Operating LLCCasinghead gasBuys100Feb 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Feb 1, 2025–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2022Feb 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2022Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100Nov 6, 2018Feb 1, 2025
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Nov 6, 2018Jun 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Nov 6, 2018Jun 1, 2022

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

298.55 acres on the newest permit

Permits for Ranchland B Unit
API numberWell no.Acreson the permit
42-329-423364311H298.55
42-329-423372811H298.55

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

Estimate your royalty

36 months, newest first

Ledger for RANCHLAND B UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural2,4642,4082,7082,544154$80.46$2.89
Jun 2026Pioneer Natural2,2142,1603,9253,89516$84.81$3.15
May 2026Pioneer Natural2,2042,2263,9623,9444$102.13$2.94
Apr 2026Pioneer Natural2,4052,2952,7142,69212$100.32$2.77
Mar 2026Pioneer Natural7858831,7671,74711$91.38$3.04
Feb 2026Pioneer Natural2,2862,3383,6593,283362$64.51$3.62
Jan 2026Pioneer Natural2,0382,0693,1802,957208$60.04$7.72
Dec 2025Pioneer Natural3,5823,59213,91113,034843$57.97$4.26
Nov 2025Pioneer Natural3,5613,51816,42916,204190$60.06$3.79
Oct 2025Pioneer Natural3,9904,05918,52718,277209$60.89$3.19
Sep 2025Pioneer Natural3,6053,48914,32113,933349$63.96$2.97
Aug 2025Pioneer Natural2,3262,32915,22014,856328$64.86$2.91
Jul 2025Pioneer Natural2,3342,36915,57915,342200$68.39$3.20
Jun 2025Pioneer Natural3,1883,17718,94818,060834$68.17$3.02
May 2025Pioneer Natural3,5613,55518,33617,842448$62.17$3.12
Apr 2025Pioneer Natural3,9374,00220,26017,7382,472$63.54$3.42
Mar 2025Pioneer Natural3,8403,78316,99816,857100$68.24$4.12
Feb 2025Pioneer Natural2,6112,59114,89814,288570$71.53$4.19
Jan 2025Pioneer Natural3,9754,05820,39719,891460$75.74$4.13
Dec 2024Pioneer Natural3,7773,75716,10515,513547$70.12$3.01
Nov 2024Pioneer Natural3,9473,96919,38419,053285$69.95$2.12
Oct 2024Pioneer Natural4,1824,24721,24520,511687$71.99$2.20
Sep 2024Pioneer Natural4,1234,33720,49619,859593$70.24$2.28
Aug 2024Pioneer Natural4,4474,10920,65319,735867$76.68$1.99
Jul 2024Pioneer Natural4,1664,21918,61518,54621$81.80$2.07
Jun 2024Pioneer Natural4,5924,57216,91216,482376$79.77$2.54
May 2024Pioneer Natural4,1424,17115,90115,80745$80.02$2.12
Apr 2024Pioneer Natural4,3774,29617,03416,89288$85.35$1.60
Mar 2024Pioneer Natural3,7123,7438,8938,8630$81.28$1.49
Feb 2024Pioneer Natural2,6372,6255,6055,5752$77.25$1.72
Jan 2024Pioneer Natural3,1223,2145,1274,741356$74.15$3.18
Dec 2023Pioneer Natural2,7172,6806,1355,961145$71.90$2.52
Nov 2023Pioneer Natural4,3444,32511,11711,0890$77.69$2.71
Oct 2023Pioneer Natural4,4794,47513,37413,097248$85.64$2.98
Sep 2023Pioneer Natural5,0275,02217,89017,8520$89.43$2.64
Aug 2023Pioneer Natural6,1046,09218,49518,4540$81.39$2.58

Flared above 3%

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

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Pioneer Natural Res. USA, Inc. in Midland County

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