Skip to content
Royalty Clerk

Texas oil lease

Producing

SALE RANCH 28L

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

1 well

6,465bbl oil, last 12 months−4% vs prior year
RRC lease
08-46485

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
44,825 mcf
Oil in Jul 2026
387 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.

See why checks stop on this lease

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28L, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 6,465 bbl in the 12 months through Jul 2026, against 6,755 bbl in the 12 months before.Last 12 months: 6,465 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28L, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 6,465 bbl in the 12 months through Jul 2026, against 6,755 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 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 25.8% 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 28L 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 25.8% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28L 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 25.8% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 25.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 38,300 mcf

  • Lease fuel (1)

    14% · 6,079 mcf

  • Flared (4)

    1.0% · 446 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 28L
API numberWell no.Status
42-317-3946612HActive

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 15, 2015Jan 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).

1,637.60 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 28L
API numberWell no.Acreson the permit
42-317-3946612H1,637.60

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

Estimate your royalty

36 months, newest first

Ledger for SALE RANCH 28L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263874083,4743,00725$80.46$2.89
Jun 20266426174,7924,2730$84.81$3.15
May 20264874973,0612,49487$102.13$2.94
Apr 20263123162,5842,2098$100.32$2.77
Mar 20264734813,6542,963126$91.38$3.04
Feb 20266556524,4213,77433$64.51$3.62
Jan 20264124103,0842,51470$60.04$7.72
Dec 20256005954,2203,59948$57.97$4.26
Nov 20256396762,8252,41831$60.06$3.79
Oct 20256466143,8713,3215$60.89$3.19
Sep 20256156134,6804,0741$63.96$2.97
Aug 20255975984,1593,65412$64.86$2.91
Jul 20255135072,3962,001118$68.39$3.20
Jun 20255625712,9952,63742$68.17$3.02
May 20256956913,7763,3630$62.17$3.12
Apr 20256536545,8555,20746$63.54$3.42
Mar 20257467456,2335,55618$68.24$4.12
Feb 20255185124,4333,9952$71.53$4.19
Jan 20255195224,1463,69024$75.74$4.13
Dec 20244314344,0413,243382$70.12$3.01
Nov 20244124073,8692,796650$69.95$2.12
Oct 20246446554,5684,07043$71.99$2.20
Sep 20246136034,4662,8551,151$70.24$2.28
Aug 20244494583,2642,733208$76.68$1.99
Jul 20247577535,9445,3600$81.80$2.07
Jun 20246676694,9244,4550$79.77$2.54
May 20247647675,2034,6900$80.02$2.12
Apr 20248808835,8865,3040$85.35$1.60
Mar 20246997125,0234,46917$81.28$1.49
Feb 20248318436,3845,321332$77.25$1.72
Jan 20249659746,5835,707111$74.15$3.18
Dec 20231,1111,0958,4127,45929$71.90$2.52
Nov 20231,1331,1497,9257,08517$77.69$2.71
Oct 20231,4281,46710,1609,0959$85.64$2.98
Sep 20231,4471,3908,5847,546141$89.43$2.64
Aug 20231,3461,3485,8344,909385$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km