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Texas oil lease

Producing

RAY-OXY W43T

Ray-OXY W43t is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

74,825bbl oil, last 12 months−60% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62104

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
198,071 mcf
Oil in Jul 2026
8,146 bbl

Production by month

Oil output fell 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for RAY-OXY W43T, Jun 2024 to Jul 2026. Oil output fell 60% over the last 12 months. 74,825 bbl in the 12 months through Jul 2026, against 187,159 bbl in the 12 months before.Last 12 months: 74,825 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for RAY-OXY W43T, Jun 2024 to Jul 2026. Oil output fell 60% over the last 12 months. 74,825 bbl in the 12 months through Jul 2026, against 187,159 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.6% of the gas in Sep 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of RAY-OXY W43T gas by disposition code each month, Jun 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.6% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.6%Jul 24OctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of RAY-OXY W43T gas by disposition code each month, Jun 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.6% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 4.6%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 196,566 mcf

  • Flared (4)

    0.5% · 937 mcf

  • Lease fuel (1)

    0.3% · 568 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on RAY-OXY W43T
API numberWell no.Status
42-329-4639120HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jun 6, 2024
Phillips 66 Dos Picos LLCCasinghead gasBuys100Jun 6, 2024
Phillips 66 Dos Picos LLCCasinghead gasGathers100Jun 6, 2024

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

Who buys my oilOil price check

762.49 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 Ray-OXY W43t
API numberWell no.Acreson the permit
42-329-4639120H762.49

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

Unit decimal checker

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26 months, newest first

Ledger for RAY-OXY W43T
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,1468,12720,85420,76039$80.46$2.89
Jun 20266,9776,95510,93810,8926$84.81$3.15
May 20261,5141,5261,5501,5400$102.13$2.94
Apr 20264,4904,5084,6024,5620$100.32$2.77
Mar 20266,5406,54710,96910,8782$91.38$3.04
Feb 20265,5065,49313,81013,527186$64.51$3.62
Jan 20265,0925,08113,72713,321345$60.04$7.72
Dec 20255,4665,47619,53019,47319$57.97$4.26
Nov 20255,8615,86521,63321,469131$60.06$3.79
Oct 20257,3997,40425,80825,71358$60.89$3.19
Sep 20257,9247,92425,13425,05051$63.96$2.97
Aug 20259,9109,92329,51629,381100$64.86$2.91
Jul 202510,41110,39029,84129,73664$68.39$3.20
Jun 202510,55410,55824,84024,701103$68.17$3.02
May 202513,77813,83127,53927,062438$62.17$3.12
Apr 202514,94115,01825,74925,452251$63.54$3.42
Mar 202518,33718,26527,51227,184287$68.24$4.12
Feb 202517,47617,43019,72519,552145$71.53$4.19
Jan 202512,85612,86712,44612,280147$75.74$4.13
Dec 202416,88316,85916,75216,70523$70.12$3.01
Nov 202414,50614,51915,68115,492167$69.95$2.12
Oct 202417,84317,84617,58817,50364$71.99$2.20
Sep 202416,24516,24116,46415,687757$70.24$2.28
Aug 202423,32923,38722,24021,939271$76.68$1.99
Jul 202429,73929,68330,10629,388666$81.80$2.07
Jun 202414,82014,76511,59611,49579$79.77$2.54

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

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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