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REESE "35"

Reese "35" is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

1,033bbl oil, last 12 months−68% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-41990

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
1,807 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 68% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 68% over the last 12 monthsMonthly oil production and gas for REESE "35", Aug 2023 to Jul 2026. Oil output fell 68% over the last 12 months. 1,033 bbl in the 12 months through Jul 2026, against 3,222 bbl in the 12 months before.Last 12 months: 1,033 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 68% over the last 12 monthsMonthly oil production and gas for REESE "35", Aug 2023 to Jul 2026. Oil output fell 68% over the last 12 months. 1,033 bbl in the 12 months through Jul 2026, against 3,222 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 82.7% of the gas in Jan 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuelShare of REESE "35" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 82.7% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2024: fuel to plantFlared 82.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuelShare of REESE "35" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 82.7% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Jun 24: fuel to plantFlared 82.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    47% · 1,849 mcf

  • Flared (4)

    35% · 1,369 mcf

  • Processing plant (3)

    18% · 714 mcf

34.8% of the gas flared in the last 12 months. 10 months above 3%.

2 wells on this lease

Wells on REESE "35"
API numberWell no.Status
42-317-364201Active
42-317-364212Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Dec 1, 2024–
Etp Crude LLCOilGathers50Dec 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Dec 1, 2024–
Etc North Permian Midstream LLCCasinghead gasBuys100Dec 1, 2024Mar 1, 2026
Wtg North Permian Midstream LLCCasinghead gasGathers100Jan 1, 2022Dec 1, 2024
Wtg North Permian Midstream LLCCasinghead gasBuys100Jan 1, 2022Dec 1, 2024
Energy Trans Crude Marketing LLCOilGathers25Mar 1, 2022Dec 1, 2024
Sunoco Pipeline L.p.OilGathers50Mar 1, 2022Dec 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25Mar 1, 2022Dec 1, 2024

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

Who buys my oilOil price check

160.50 acres on the newest permit

Permits for Reese "35"
API numberWell no.Acreson the permit
42-317-364201160.50
42-317-364212160.50

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

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36 months, newest first

Ledger for REESE "35"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202607000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 20263838000$91.38$3.04
Feb 20262622095620420$64.51$3.62
Jan 20269493194370$60.04$7.72
Dec 2025118133198410$57.97$4.26
Nov 20258573183310$60.06$3.79
Oct 2025116109205480$60.89$3.19
Sep 2025185195223710$63.96$2.97
Aug 2025135143242850$64.86$2.91
Jul 2025141130224670$68.39$3.20
Jun 202510717769045493$68.17$3.02
May 202519823260356390$62.17$3.12
Apr 20251401312806266$63.54$3.42
Mar 20255145813281710$68.24$4.12
Feb 2025228721612990$71.53$4.19
Jan 2025821212691390$75.74$4.13
Dec 20245516066475230$70.12$3.01
Nov 202414966204840$69.95$2.12
Oct 20242112993262020$71.99$2.20
Sep 20243973396215010$70.24$2.28
Aug 20245045226855610$76.68$1.99
Jul 20246266127436190$81.80$2.07
Jun 20245416226725520$79.77$2.54
May 20241822402351110$80.02$2.12
Apr 20243871975063860$85.35$1.60
Mar 20241501383612370$81.28$1.49
Feb 20245413734453175$77.25$1.72
Jan 20242932647150591$74.15$3.18
Dec 2023294306651257270$71.90$2.52
Nov 20234014094543340$77.69$2.71
Oct 20233122672741500$85.64$2.98
Sep 202312010625411024$89.43$2.64
Aug 20231001215900466$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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This lease belongs to

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

Pioneer Natural Res. USA, Inc. in Martin County

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Spraberry (Trend Area) field

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