Skip to content
Royalty Clerk

Texas oil lease

Producing

SALE RANCH 28M

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

1 well

4,442bbl oil, last 12 months−52% vs prior year
RRC lease
08-47702

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
60,361 mcf
Oil in Jul 2026
56 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.

  • Sales

    Sales over the last 3 months fell to 12% of the 9 months before.

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 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28M, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 4,442 bbl in the 12 months through Jul 2026, against 9,249 bbl in the 12 months before.Last 12 months: 4,442 bblbbl per monthmcf per month002502,5005005,0007507,5001,00010k1,25012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for SALE RANCH 28M, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 4,442 bbl in the 12 months through Jul 2026, against 9,249 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,5005005,0007507,5001,00010k1,25012.5kJan 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 25.9% 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 28M 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 25.9% 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
85% of the gas went to a processing plant in the last 12 monthsShare of SALE RANCH 28M 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 25.9% 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)

    85% · 51,137 mcf

  • Lease fuel (1)

    14% · 8,571 mcf

  • Flared (4)

    1.1% · 653 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 28M
API numberWell no.Status
42-317-4028813HActive

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 19, 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).

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 28M
API numberWell no.Acreson the permit
42-317-4028813H1,637.60

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

Estimate your royalty

36 months, newest first

Ledger for SALE RANCH 28M
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202656564,9344,21839$80.46$2.89
Jun 202637363,6783,2390$84.81$3.15
May 202673864,8983,904153$102.13$2.94
Apr 20262532555,4624,60318$100.32$2.77
Mar 20263773775,1484,147182$91.38$3.04
Feb 20263733743,8573,27930$64.51$3.62
Jan 20262712763,3062,68177$60.04$7.72
Dec 20255465455,6774,82766$57.97$4.26
Nov 20257047545,2844,49960$60.06$3.79
Oct 20258177605,9445,0967$60.89$3.19
Sep 20253583665,1624,4871$63.96$2.97
Aug 20255775727,0116,15720$64.86$2.91
Jul 20253813805,2194,352259$68.39$3.20
Jun 20255305376,9996,15799$68.17$3.02
May 20256035978,1477,2430$62.17$3.12
Apr 20255105147,1356,34356$63.54$3.42
Mar 20256666798,4807,55525$68.24$4.12
Feb 20257877829,9788,9864$71.53$4.19
Jan 20259579628,5437,60151$75.74$4.13
Dec 20247737868,5246,835809$70.12$3.01
Nov 20248688538,9896,4951,512$69.95$2.12
Oct 20241,2291,2389,9868,89695$71.99$2.20
Sep 202490290310,2656,5482,655$70.24$2.28
Aug 20241,0431,0409,6018,035614$76.68$1.99
Jul 20241,1111,1099,9008,9260$81.80$2.07
Jun 20241,0841,08010,3309,3420$79.77$2.54
May 20249919879,5388,5920$80.02$2.12
Apr 20248989158,4467,6060$85.35$1.60
Mar 20241,0451,0608,7747,80329$81.28$1.49
Feb 20241,1461,1358,4467,041438$77.25$1.72
Jan 20248658746,6185,738111$74.15$3.18
Dec 20231,0221,0047,9277,02927$71.90$2.52
Nov 20239539547,1606,40015$77.69$2.71
Oct 20239239477,6326,8297$85.64$2.98
Sep 20239268898,5737,530141$89.43$2.64
Aug 20238388618,9727,515606$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

Pioneer Natural Res. USA, Inc. in Martin County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km