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Texas oil lease

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SALE RANCH 15L

Sale Ranch 15L is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

9,854bbl oil, last 12 months−33% vs prior year
RRC lease
08-47796

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
184,039 mcf
Oil in Jul 2026
236 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC NORTH PERMIAN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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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 SALE RANCH 15L, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 9,854 bbl in the 12 months through Jul 2026, against 14,709 bbl in the 12 months before.Last 12 months: 9,854 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for SALE RANCH 15L, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 9,854 bbl in the 12 months through Jul 2026, against 14,709 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 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 21.5% 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 SALE RANCH 15L 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 21.5% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 21.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 15L 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 21.5% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 21.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 173,163 mcf

  • Lease fuel (1)

    5.4% · 9,912 mcf

  • Flared (4)

    0.5% · 964 mcf

0.5% of the gas flared in the last 12 months. 6 months above 3%.

1 well on this lease

Wells on SALE RANCH 15L
API numberWell no.Status
42-317-4026412HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jan 1, 2022–
Etp Crude LLCOilGathers50Jan 1, 2022–
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
Wtg Gas Processing, L.p.Casinghead gasGathers100May 5, 2016Jan 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Nov 1, 2016Jan 1, 2022
Energy Trans Crude Marketing LLCOilGathers25Jul 1, 2021Jan 1, 2022

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

1,633.60 acres on the newest permit

  • 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 Sale Ranch 15L
API numberWell no.Acreson the permit
42-317-4026412H1,633.60

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

Estimate your royalty

36 months, newest first

Ledger for SALE RANCH 15L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262362686,5646,21412$80.46$2.89
Jun 20261,00799128,38627,0585$84.81$3.15
May 202692393825,43223,784154$102.13$2.94
Apr 202694593713,55712,8359$100.32$2.77
Mar 202684484613,86913,01297$91.38$3.04
Feb 202666867611,45510,73391$64.51$3.62
Jan 202665865111,09810,266147$60.04$7.72
Dec 202589890614,28613,346206$57.97$4.26
Nov 202586085213,79212,99219$60.06$3.79
Oct 202594096714,56813,71873$60.89$3.19
Sep 202582080813,97913,120117$63.96$2.97
Aug 20251,0551,05617,05316,08534$64.86$2.91
Jul 202592791916,20915,27339$68.39$3.20
Jun 202582384113,65112,889104$68.17$3.02
May 20251,2861,27418,84717,9911$62.17$3.12
Apr 20251,0061,00715,02914,27129$63.54$3.42
Mar 20251,2511,25516,97216,2400$68.24$4.12
Feb 20251,2321,23215,68014,95642$71.53$4.19
Jan 20251,4831,48016,81616,02250$75.74$4.13
Dec 20241,5161,51015,22013,491978$70.12$3.01
Nov 20241,2301,22112,5539,9042,028$69.95$2.12
Oct 20241,1291,14212,17311,380218$71.99$2.20
Sep 20241,3821,38614,70310,7513,160$70.24$2.28
Aug 20241,4441,43713,73312,617420$76.68$1.99
Jul 20241,4521,44612,88512,19026$81.80$2.07
Jun 20241,4851,51611,99211,35313$79.77$2.54
May 20241,9201,93114,48013,69828$80.02$2.12
Apr 20241,8041,77814,78513,9971$85.35$1.60
Mar 20241,4551,4358,7288,20341$81.28$1.49
Feb 20249609526,3425,699319$77.25$1.72
Jan 20247647655,6645,261116$74.15$3.18
Dec 20238288255,8025,41176$71.90$2.52
Nov 20238928976,8456,4760$77.69$2.71
Oct 20239139087,1146,7180$85.64$2.98
Sep 20238188226,5796,16936$89.43$2.64
Aug 20238959007,4066,556411$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 Martin County

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