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Texas oil lease

Producing

SALE RANCH 28B

Sale Ranch 28B is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

2,519bbl oil, last 12 months−18% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-45716

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
10,972 mcf
Oil in Jul 2026
149 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 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28B, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 2,519 bbl in the 12 months through Jul 2026, against 3,079 bbl in the 12 months before.Last 12 months: 2,519 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28B, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 2,519 bbl in the 12 months through Jul 2026, against 3,079 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a processing plant in the last 12 months

Flaring peaked at 25.9% of the gas in Sep 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
86% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28B gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.9% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
86% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28B gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.9% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 25.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    86% · 9,429 mcf

  • Lease fuel (1)

    13% · 1,433 mcf

  • Flared (4)

    1.0% · 110 mcf

1.0% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on SALE RANCH 28B
API numberWell no.Status
42-317-392282HActive

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 gasGathers100Jul 8, 2014Jan 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 1, 2017Jan 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

1,637.50 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 28B
API numberWell no.Acreson the permit
42-317-392282H1,637.50

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 28B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261491559097926$80.46$2.89
Jun 20262072001,0949810$84.81$3.15
May 20262202251,2331,00735$102.13$2.94
Apr 20261491507206262$100.32$2.77
Mar 202621421387872228$91.38$3.04
Feb 20261871896575675$64.51$3.62
Jan 202616116056346612$60.04$7.72
Dec 20252212197756678$57.97$4.26
Nov 20252382518157009$60.06$3.79
Oct 20252332231,0048631$60.89$3.19
Sep 20252692699538330$63.96$2.97
Aug 20252712701,3711,2054$64.86$2.91
Jul 202519519294278746$68.39$3.20
Jun 20252052091,12298816$68.17$3.02
May 20252552511,2541,1170$62.17$3.12
Apr 20251881907776926$63.54$3.42
Mar 20252642651,0369253$68.24$4.12
Feb 20252092108547720$71.53$4.19
Jan 20253413431,7821,58810$75.74$4.13
Dec 20242672671,098885102$70.12$3.01
Nov 2024223220996722166$69.95$2.12
Oct 20243473513,1412,79830$71.99$2.20
Sep 20242872863,6892,352955$70.24$2.28
Aug 20242982963,8093,186244$76.68$1.99
Jul 20242932933,8303,4520$81.80$2.07
Jun 20242852853,6633,3120$79.77$2.54
May 20242902893,5713,2160$80.02$2.12
Apr 20242742783,4703,1240$85.35$1.60
Mar 20243013042,7802,4729$81.28$1.49
Feb 20243063081,02986352$77.25$1.72
Jan 202431431591479315$74.15$3.18
Dec 20233203121,3181,1714$71.90$2.52
Nov 20232432421,2271,0983$77.69$2.71
Oct 20232082151,1641,0431$85.64$2.98
Sep 20232412331,1601,02019$89.43$2.64
Aug 20232502531,3161,10687$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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