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Texas oil lease

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SALE RANCH 28F

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

1 well

4,602bbl oil, last 12 months−15% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-47828

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
72,861 mcf
Oil in Jul 2026
289 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 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28F, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 4,602 bbl in the 12 months through Jul 2026, against 5,402 bbl in the 12 months before.Last 12 months: 4,602 bblbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28F, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 4,602 bbl in the 12 months through Jul 2026, against 5,402 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

85% of the gas went to a processing plant in the last 12 months

Flaring peaked at 26.0% of the gas in Sep 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28F gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a processing plant in the last 12 months. Flaring peaked at 26.0% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 26.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28F gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a processing plant in the last 12 months. Flaring peaked at 26.0% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 26.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 61,711 mcf

  • Lease fuel (1)

    14% · 10,334 mcf

  • Flared (4)

    1.1% · 816 mcf

1.1% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on SALE RANCH 28F
API numberWell no.Status
42-317-403616HActive

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 gasGathers100Feb 28, 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 28F
API numberWell no.Acreson the permit
42-317-403616H1,637.60

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

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36 months, newest first

Ledger for SALE RANCH 28F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262893042,8912,49921$80.46$2.89
Jun 20264754556,9776,1800$84.81$3.15
May 20262492746,2034,964190$102.13$2.94
Apr 20265315258,1996,93427$100.32$2.77
Mar 20265275198,4486,797300$91.38$3.04
Feb 20263343395,7934,91045$64.51$3.62
Jan 20263153093,8023,08488$60.04$7.72
Dec 20253543485,5304,69365$57.97$4.26
Nov 20252652924,1343,50548$60.06$3.79
Oct 20254073875,7704,9407$60.89$3.19
Sep 20253823857,1966,2532$63.96$2.97
Aug 20254744707,9186,95223$64.86$2.91
Jul 20253113086,4135,346319$68.39$3.20
Jun 20253643696,9186,08498$68.17$3.02
May 20254134107,7616,8980$62.17$3.12
Apr 20253813846,3335,62950$63.54$3.42
Mar 20255225218,5127,58126$68.24$4.12
Feb 20253393425,5795,0232$71.53$4.19
Jan 20255765769,9308,82960$75.74$4.13
Dec 20244144209,4967,601908$70.12$3.01
Nov 20244474397,5055,4191,264$69.95$2.12
Oct 20246266358,8367,86884$71.99$2.20
Sep 202453753110,5206,6982,730$70.24$2.28
Aug 20244724738,7317,298562$76.68$1.99
Jul 202457457410,9119,8310$81.80$2.07
Jun 20245865869,3848,4820$79.77$2.54
May 20245935918,2977,4700$80.02$2.12
Apr 20245615706,9756,2790$85.35$1.60
Mar 20246246347,1416,34724$81.28$1.49
Feb 20247027047,3416,110384$77.25$1.72
Jan 20246726717,8426,798132$74.15$3.18
Dec 20236486359,4628,38333$71.90$2.52
Nov 20235875888,9467,98519$77.69$2.71
Oct 20235665808,9217,9728$85.64$2.98
Sep 20235615429,7938,595162$89.43$2.64
Aug 202359460711,3769,515774$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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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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