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Texas oil lease

Producing

SALE RANCH 16F

Sale Ranch 16F is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

20,226bbl oil, last 12 months−37% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-46318

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
186,635 mcf
Oil in Jul 2026
1,916 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 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for SALE RANCH 16F, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 20,226 bbl in the 12 months through Jul 2026, against 32,072 bbl in the 12 months before.Last 12 months: 20,226 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for SALE RANCH 16F, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 20,226 bbl in the 12 months through Jul 2026, against 32,072 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 50.2% of the gas in Sep 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuelShare of SALE RANCH 16F gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 50.2% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2023: fuel to plantFlared 50.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuelShare of SALE RANCH 16F gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2023 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 50.2% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Dec 23: fuel to plantFlared 50.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 166,177 mcf

  • Lease fuel (1)

    11% · 20,177 mcf

  • Flared (4)

    0.2% · 281 mcf

0.2% of the gas flared in the last 12 months. 10 months above 3%.

1 well on this lease

Wells on SALE RANCH 16F
API numberWell no.Status
42-317-396306HActive

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 gasGathers100Dec 22, 2014Jan 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).

Who buys my oilOil price check

2,627.30 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 16F
API numberWell no.Acreson the permit
42-317-396306H2,627.30

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SALE RANCH 16F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,9161,90118,56616,8220$80.46$2.89
Jun 20268057737,9207,1110$84.81$3.15
May 20265556446,4445,60149$102.13$2.94
Apr 20261,7921,76920,47118,59852$100.32$2.77
Mar 20261,9201,91921,06818,91519$91.38$3.04
Feb 20261,7541,93015,80314,01735$64.51$3.62
Jan 20261,6921,54716,99315,01218$60.04$7.72
Dec 20252,0492,01816,54514,6950$57.97$4.26
Nov 20251,5021,53513,06211,5247$60.06$3.79
Oct 20252,1112,07517,19515,14583$60.89$3.19
Sep 20252,0062,02716,23314,33412$63.96$2.97
Aug 20252,1242,14216,33514,4036$64.86$2.91
Jul 20252,0942,01013,72111,742181$68.39$3.20
Jun 20251,5871,65011,3189,9321$68.17$3.02
May 20252,4372,53114,76812,8740$62.17$3.12
Apr 20252,4072,30716,39114,25875$63.54$3.42
Mar 20252,5622,56516,69314,6060$68.24$4.12
Feb 20252,0242,04713,32311,3604$71.53$4.19
Jan 20252,5182,50415,32513,1211$75.74$4.13
Dec 20242,5782,60919,54414,5742,320$70.12$3.01
Nov 20242,6352,66014,04110,4851,122$69.95$2.12
Oct 20243,4353,46420,01516,465367$71.99$2.20
Sep 20243,7103,71621,43513,3425,018$70.24$2.28
Aug 20244,0853,8899,6184,8432,724$76.68$1.99
Jul 2024762753263100$81.80$2.07
Jun 20244,8934,94721,16220,5630$79.77$2.54
May 20247,4237,54727,87026,1451,066$80.02$2.12
Apr 20248,9198,53813,19212,6553$85.35$1.60
Mar 2024015000$81.28$1.49
Feb 20241271651,0747450$77.25$1.72
Jan 20247027305,3763,927188$74.15$3.18
Dec 20239219156,1594,588158$71.90$2.52
Nov 20239951,0043,189970788$77.69$2.71
Oct 20231,0201,0263,3711,055842$85.64$2.98
Sep 20237807413,3765421,695$89.43$2.64
Aug 20237057304,2072,528465$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

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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