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Texas oil lease · RRC district 7C · Lease 12421

No report in 6+ months

RINGO "E"

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

Oil lease dossier · 2 wells

0bbl oil, last 12 months
RRC lease
7C-12421

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County · RRC district 7COpen Reagan County →
Oil in Aug 2022
0 bbl
Reporting to the state
since Jan 2020
Wells
2
Data through
Aug 2022

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

No oil produced in the last 12 months

The last month with output was Sep 2020, at 26 bbl.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for RINGO "E", Jan 2020 to Aug 2022. No oil produced in the last 12 months. The last month with output was Sep 2020, at 26 bbl.Last 12 months: 0 bblbbl per monthmcf per month001025205030754010050125Jan 20AprJulOctJan 21AprJulOctJan 22AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for RINGO "E", Jan 2020 to Aug 2022. No oil produced in the last 12 months. The last month with output was Sep 2020, at 26 bbl.Last 12 monthsbbl per monthmcf per month001025205030754010050125Jan 20JulJan 21JulJan 22Jul

SourceTexas Railroad Commission Production Data Query, oil lease 12421, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

79% of the gas went to lease fuel in the last 12 months

Flaring peaked at 29.3% of the gas in Dec 2020.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
79% of the gas went to lease fuel in the last 12 monthsShare of RINGO "E" gas by disposition code each month, Jan 2020 to Aug 2022. 79% of the gas went to lease fuel in the last 12 months. Flaring peaked at 29.3% of the gas in Dec 2020.Share of the lease’s gas by disposition code, per month0%50%100%Flared 29.3%Jan 20AprJulOctJan 21AprJulOctJan 22AprJul
79% of the gas went to lease fuel in the last 12 monthsShare of RINGO "E" gas by disposition code each month, Jan 2020 to Aug 2022. 79% of the gas went to lease fuel in the last 12 months. Flaring peaked at 29.3% of the gas in Dec 2020.Share of gas by disposition code0%50%100%Flared 29.3%Jan 20JulJan 21JulJan 22Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 12421, district 7C. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 20.8% of the gas was flared. 10 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Pioneer Natural Res. USA, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Aug 2022202020212022Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Aug 2022
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Aug 2022202020212022Pioneer Natural Res. USA, Inc.Jan 2020 to nowthrough Aug 2022

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 12421 in district 7C. The API number is the state’s ID for a well.
Wells on RINGO "E"
API numberWell no.Status
42-383-338671Active
42-383-338692Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 12421.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Plains Marketing, L.p. gathers it.

    100% of it, on the list since Jul 1, 2000

  • Gas from oil wells

    Targa Pl Mid-Cont Westtex LLC buys and gathers it.

    Targa Pl Mid-Cont Westtex LLC buys it: 100% of it, on the list since Nov 1, 2015 · Targa Pl Mid-Cont Westtex LLC gathers it: 100% of it, on the list since Oct 1, 2015

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

240 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
20 not plugged
Horizontal
0
First completion
Mar 3, 1988
Latest permit
Jan 25, 1988
Wells and acres on the permits for Ringo "E"
API numberWell no.Acreson the permit
42-383-338692240
42-383-338671240

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says RINGO "E" sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

32 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for RINGO "E"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Aug 2022Pioneer Natural00000$93.67$8.81
Jul 2022Pioneer Natural00000$101.62$7.28
Jun 2022Pioneer Natural00000$114.84$7.70
May 2022Pioneer Natural00000$109.55$8.14
Apr 2022Pioneer Natural00000$101.78$6.60
Mar 2022Pioneer Natural00000$108.50$4.90
Feb 2022Pioneer Natural00000$91.64$4.69
Jan 2022Pioneer Natural00000$83.22$4.38
Dec 2021Pioneer Natural00000$71.71$3.76
Nov 2021Pioneer Natural00000$79.15$5.05
Oct 2021Pioneer Natural0296000$81.48$5.51
Sep 2021Pioneer Natural00000$71.65$5.16
Aug 2021Pioneer Natural00000$67.73$4.07
Jul 2021Pioneer Natural00000$72.49$3.84
Jun 2021Pioneer Natural00108024$71.38$3.26
May 2021Pioneer Natural00115028$65.17$2.91
Apr 2021Pioneer Natural00109025$61.72$2.66
Mar 2021Pioneer Natural00113026$62.33$2.62
Feb 2021Pioneer Natural0094016$59.04$5.35
Jan 2021Pioneer Natural00121034$52.00$2.71
Dec 2020Pioneer Natural00123036$47.02$2.58
Nov 2020Pioneer Natural00113029$40.94$2.61
Oct 2020Pioneer Natural00116029$39.40$2.39
Sep 2020Pioneer Natural260104020$39.63$1.92
Aug 2020Pioneer Natural1508801$42.34$2.30
Jul 2020Pioneer Natural808700$40.71$1.76
Jun 2020Pioneer Natural1508510$38.31$1.63
May 2020Pioneer Natural170120330$28.56$1.75
Apr 2020Pioneer Natural16096120$16.55$1.74
Mar 2020Pioneer Natural170108210$29.21$1.79
Feb 2020Pioneer Natural1608100$50.54$1.91
Jan 2020Pioneer Natural145183180$57.52$2.02

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for RINGO "E". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Pioneer Natural Res. USA, Inc.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

Pioneer Natural Res. USA, Inc. in Reagan County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Aug 2022?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 12421, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.