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Texas oil lease

Producing

RINGO '10-7'

Ringo '10-7' is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

2 wells

27,553bbl oil, last 12 months+7% vs prior year
RRC lease
7C-19223

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
166,033 mcf
Oil in Jul 2026
2,351 bbl

Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for RINGO '10-7', Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 27,553 bbl in the 12 months through Jul 2026, against 25,820 bbl in the 12 months before.Last 12 months: 27,553 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for RINGO '10-7', Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 27,553 bbl in the 12 months through Jul 2026, against 25,820 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 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 4.7% of the gas in Sep 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of RINGO '10-7' gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.7% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of RINGO '10-7' gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.7% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 4.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 156,328 mcf

  • Lease fuel (1)

    5.2% · 8,654 mcf

  • Flared (4)

    0.6% · 1,051 mcf

0.6% of the gas flared in the last 12 months. 3 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 RINGO '10-7'
API numberWell no.Status
42-383-394674415HActive
42-383-394874214HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers50Aug 1, 2016
Shell Trading (Us) CompanyOilGathers50Aug 1, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 1, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 1, 2016

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

968.80 acres on the newest permit

Permits for Ringo '10-7'
API numberWell no.Acreson the permit
42-383-394874214H968.80
42-383-394674415H968.80

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

Estimate your royalty

36 months, newest first

Ledger for RINGO '10-7'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural2,3512,34815,16114,375128$80.46$2.89
Jun 2026Pioneer Natural2,1932,15012,42611,79778$84.81$3.15
May 2026Pioneer Natural2,4172,75413,43412,74284$102.13$2.94
Apr 2026Pioneer Natural2,5282,50613,25212,44151$100.32$2.77
Mar 2026Pioneer Natural2,5372,69813,85212,9490$91.38$3.04
Feb 2026Pioneer Natural2,4832,17622,42521,1840$64.51$3.62
Jan 2026Pioneer Natural1,9731,8629,1898,37151$60.04$7.72
Dec 2025Pioneer Natural2,4472,24513,67912,8810$57.97$4.26
Nov 2025Pioneer Natural2,3652,34812,35611,71329$60.06$3.79
Oct 2025Pioneer Natural1,8711,97810,1169,473170$60.89$3.19
Sep 2025Pioneer Natural2,1772,16714,63113,794218$63.96$2.97
Aug 2025Pioneer Natural2,2112,15015,51214,608242$64.86$2.91
Jul 2025Pioneer Natural2,2352,35817,82616,98780$68.39$3.20
Jun 2025Pioneer Natural2,2572,40518,44416,981693$68.17$3.02
May 2025Pioneer Natural2,4272,28618,89618,05292$62.17$3.12
Apr 2025Pioneer Natural2,5442,52419,44018,6980$63.54$3.42
Mar 2025Pioneer Natural2,5752,72417,25316,5355$68.24$4.12
Feb 2025Pioneer Natural1,9211,87113,72013,0860$71.53$4.19
Jan 2025Pioneer Natural1,9101,76012,15411,40286$75.74$4.13
Dec 2024Pioneer Natural2,2752,33016,57215,713246$70.12$3.01
Nov 2024Pioneer Natural2,0632,02320,66319,9770$69.95$2.12
Oct 2024Pioneer Natural2,1112,01421,80521,0490$71.99$2.20
Sep 2024Pioneer Natural1,6931,75821,14820,4600$70.24$2.28
Aug 2024Pioneer Natural1,8091,81522,30621,361221$76.68$1.99
Jul 2024Pioneer Natural2,0062,04523,27022,5070$81.80$2.07
Jun 2024Pioneer Natural1,7481,86720,66119,765191$79.77$2.54
May 2024Pioneer Natural2,3942,29923,88622,9440$80.02$2.12
Apr 2024Pioneer Natural2,3472,33518,48517,8680$85.35$1.60
Mar 2024Pioneer Natural2,5862,56817,60216,733238$81.28$1.49
Feb 2024Pioneer Natural2,4282,41714,14413,392134$77.25$1.72
Jan 2024Pioneer Natural2,3352,3939,1038,207394$74.15$3.18
Dec 2023Pioneer Natural2,7132,65513,23912,6330$71.90$2.52
Nov 2023Pioneer Natural2,4842,55910,0789,5940$77.69$2.71
Oct 2023Pioneer Natural2,7212,57214,83814,1890$85.64$2.98
Sep 2023Pioneer Natural2,3172,37210,9879,977521$89.43$2.64
Aug 2023Pioneer Natural2,3272,31410,2789,479294$81.39$2.58

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

Pioneer Natural Res. USA, Inc. in Reagan County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

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Drilling permits within 10 km