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Texas oil lease

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SALE RANCH 28E

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

1 well

26,138bbl oil, last 12 months−25% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-47932

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
55,662 mcf
Oil in Jul 2026
2,423 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 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28E, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 26,138 bbl in the 12 months through Jul 2026, against 34,902 bbl in the 12 months before.Last 12 months: 26,138 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28E, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 26,138 bbl in the 12 months through Jul 2026, against 34,902 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

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 25.7% of the gas in Sep 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28E gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.7% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28E gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.7% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 25.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 53,424 mcf

  • Lease fuel (1)

    2.3% · 1,292 mcf

  • Flared (4)

    1.7% · 946 mcf

1.7% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on SALE RANCH 28E
API numberWell no.Status
42-317-403605HActive

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 gasGathers100Aug 2, 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).

Who buys my oilOil price check

1,637.60 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 28E
API numberWell no.Acreson the permit
42-317-403605H1,637.60

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

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36 months, newest first

Ledger for SALE RANCH 28E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,4232,4326,1505,96939$80.46$2.89
Jun 20261,6351,5894,1674,0830$84.81$3.15
May 20262,2342,33817,53216,446598$102.13$2.94
Apr 20262,5362,4886,7936,63617$100.32$2.77
Mar 20262,1122,1303,5063,317106$91.38$3.04
Feb 20262,4852,5883,8113,71125$64.51$3.62
Jan 20263,4033,3464,9214,71497$60.04$7.72
Dec 20253,8883,8204,3624,23842$57.97$4.26
Nov 20252,9843,0932,3602,30119$60.06$3.79
Oct 20252,3272,1341,5811,5432$60.89$3.19
Sep 2025100982432370$63.96$2.97
Aug 2025111152362291$64.86$2.91
Jul 20252,3642,3494,0713,753216$68.39$3.20
Jun 20253,0113,0395,3165,12180$68.17$3.02
May 20253,1463,1225,4375,3280$62.17$3.12
Apr 20252,7832,7845,1194,96942$63.54$3.42
Mar 20253,0713,0925,2405,12116$68.24$4.12
Feb 20252,7452,7355,0354,9372$71.53$4.19
Jan 20253,4913,5104,9844,85930$75.74$4.13
Dec 20242,8812,9124,6064,080439$70.12$3.01
Nov 20242,9452,8934,2703,423762$69.95$2.12
Oct 20244,0814,1194,7524,61546$71.99$2.20
Sep 20243,1563,0622,8472,064733$70.24$2.28
Aug 20241,2281,21798090360$76.68$1.99
Jul 20241,0641,0771,6521,6230$81.80$2.07
Jun 20241,4741,4732,1142,0760$79.77$2.54
May 20241,4821,5011,6791,6490$80.02$2.12
Apr 20242,1762,2193,5523,4860$85.35$1.60
Mar 20242,5762,5183,7463,66112$81.28$1.49
Feb 20241,0651,01987982241$77.25$1.72
Jan 202415315885812$74.15$3.18
Dec 20232172222292231$71.90$2.52
Nov 20234694536366231$77.69$2.71
Oct 2023171776740$85.64$2.98
Sep 202300000$89.43$2.64
Aug 202300000$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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