Skip to content
Royalty Clerk

Texas oil lease

Producing

RAY-WINKLEMAN C43C

Ray-Winkleman C43c is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

69,289bbl oil, last 12 months−73% vs prior year
RRC lease
08-61024

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
254,449 mcf
Oil in Jul 2026
6,964 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 73% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for RAY-WINKLEMAN C43C, Jun 2024 to Jul 2026. Oil output fell 73% over the last 12 months. 69,289 bbl in the 12 months through Jul 2026, against 255,982 bbl in the 12 months before.Last 12 months: 69,289 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for RAY-WINKLEMAN C43C, Jun 2024 to Jul 2026. Oil output fell 73% over the last 12 months. 69,289 bbl in the 12 months through Jul 2026, against 255,982 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% 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)
94% of the gas went to a processing plant in the last 12 monthsShare of RAY-WINKLEMAN C43C gas by disposition code each month, Jun 2024 to Jul 2026. 94% 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
94% of the gas went to a processing plant in the last 12 monthsShare of RAY-WINKLEMAN C43C gas by disposition code each month, Jun 2024 to Jul 2026. 94% 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)

    94% · 276,986 mcf

  • Lease fuel (1)

    5.6% · 16,458 mcf

  • Flared (4)

    0.3% · 753 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 C43C
API numberWell no.Status
42-329-46394103HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Dec 12, 2023–
Phillips 66 Dos Picos LLCCasinghead gasBuys100Jun 1, 2026–
Phillips 66 Dos Picos LLCCasinghead gasGathers100Jun 1, 2026–
Pinnacle Dos Picos LLCCasinghead gasGathers100Dec 12, 2023Jun 1, 2026
Pinnacle Dos Picos LLCCasinghead gasBuys100Dec 12, 2023Jun 1, 2026

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

762.57 acres on the newest permit

An allocation well is on this lease

Permits for Ray-Winkleman C43c
API numberWell no.Acreson the permit
42-329-46394103H762.57

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

Estimate your royalty

26 months, newest first

Ledger for RAY-WINKLEMAN C43C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,9646,94919,34617,20633$80.46$2.89
Jun 20266,1236,16314,51512,0517$84.81$3.15
May 20267,5577,51111,7809,3771$102.13$2.94
Apr 20264,4774,4795,4653,7090$100.32$2.77
Mar 20264,2234,2172592590$91.38$3.04
Feb 20262,3952,3732,1361,50119$64.51$3.62
Jan 2026020000$60.04$7.72
Dec 20254,2064,23023,22822,31122$57.97$4.26
Nov 20256,9726,97240,19138,775237$60.06$3.79
Oct 20257,9737,97842,41141,03693$60.89$3.19
Sep 20258,3718,36843,49942,14086$63.96$2.97
Aug 202510,02810,04051,61950,086172$64.86$2.91
Jul 202510,19210,17739,74838,53583$68.39$3.20
Jun 202511,86511,86237,25136,034152$68.17$3.02
May 202512,99213,03866,81664,2901,059$62.17$3.12
Apr 202513,47113,53654,20851,722520$63.54$3.42
Mar 202516,11316,05054,10451,793560$68.24$4.12
Feb 202515,41815,41365,62863,410487$71.53$4.19
Jan 202519,64819,65474,63271,599896$75.74$4.13
Dec 202423,16223,14489,23886,679123$70.12$3.01
Nov 202424,98925,00667,22864,605720$69.95$2.12
Oct 202428,87528,91776,27073,920286$71.99$2.20
Sep 202436,75436,72070,55665,5943,274$70.24$2.28
Aug 202442,50342,56753,14951,083642$76.68$1.99
Jul 202442,89642,90748,32145,4841,036$81.80$2.07
Jun 202445,64545,47448,38347,951338$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