Skip to content
Royalty Clerk

Texas oil lease

Producing

RAY-WINKLEMAN C43B

Ray-Winkleman C43b is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

81,164bbl oil, last 12 months−33% vs prior year
RRC lease
08-60629

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
122,428 mcf
Oil in Jul 2026
7,013 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: PHILLIPS 66 DOS PICOS LLC replaced PINNACLE DOS PICOS LLC as the buyer of this lease's gas from oil wells on Jun 1, 2026.

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

See why checks stop on this lease

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for RAY-WINKLEMAN C43B, Jun 2024 to Jul 2026. Oil output fell 33% over the last 12 months. 81,164 bbl in the 12 months through Jul 2026, against 121,323 bbl in the 12 months before.Last 12 months: 81,164 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for RAY-WINKLEMAN C43B, Jun 2024 to Jul 2026. Oil output fell 33% over the last 12 months. 81,164 bbl in the 12 months through Jul 2026, against 121,323 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 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-WINKLEMAN C43B 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-WINKLEMAN C43B 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% · 121,735 mcf

  • Flared (4)

    0.3% · 406 mcf

  • Lease fuel (1)

    0.2% · 287 mcf

0.3% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on RAY-WINKLEMAN C43B
API numberWell no.Status
42-329-46395102HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Sep 25, 2023–
Phillips 66 Dos Picos LLCCasinghead gasBuys100Jun 1, 2026–
Phillips 66 Dos Picos LLCCasinghead gasGathers100Jun 1, 2026–
Pinnacle Dos Picos LLCCasinghead gasGathers100Sep 25, 2023Jun 1, 2026
Pinnacle Dos Picos LLCCasinghead gasBuys100Sep 25, 2023Jun 1, 2026

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

762.57 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-Winkleman C43b
API numberWell no.Acreson the permit
42-329-46395102H762.57

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

Estimate your royalty

26 months, newest first

Ledger for RAY-WINKLEMAN C43B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,0137,00412,97412,91624$80.46$2.89
Jun 20267,3747,3979,4319,3915$84.81$3.15
May 20266,5876,5535,5715,5351$102.13$2.94
Apr 20264,8024,7862,4612,4410$100.32$2.77
Mar 20261,8321,8731,2451,2350$91.38$3.04
Feb 20265,8065,8062,5912,54232$64.51$3.62
Jan 20267,0897,0744,0823,97492$60.04$7.72
Dec 20257,8217,83113,87113,83213$57.97$4.26
Nov 20257,4847,48317,00016,873102$60.06$3.79
Oct 20258,4398,43717,96317,89840$60.89$3.19
Sep 20257,5277,52615,49515,44431$63.96$2.97
Aug 20259,3909,38519,74419,65466$64.86$2.91
Jul 20256,8786,87310,87710,83923$68.39$3.20
Jun 20259,2369,23416,62316,53168$68.17$3.02
May 202510,24510,27213,99313,753220$62.17$3.12
Apr 20259,2229,25310,93310,809105$63.54$3.42
Mar 20259,6739,62410,26910,148106$68.24$4.12
Feb 20257,1077,0966,7246,66649$71.53$4.19
Jan 20256,9486,9306,0675,98771$75.74$4.13
Dec 20243,0523,0482,6882,6804$70.12$3.01
Nov 20242,4232,5132,0722,04722$69.95$2.12
Oct 202431,81731,76261,65161,341235$71.99$2.20
Sep 202411,93311,92012,09211,521556$70.24$2.28
Aug 202412,78912,78811,96711,806145$76.68$1.99
Jul 20247,5997,5788,0977,903180$81.80$2.07
Jun 20242,0712,0642,1182,09915$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Pioneer Natural Res. USA, Inc. in Midland County

All Pioneer Natural Res. USA, Inc. leases →

Leases within 10 km

Drilling permits within 10 km