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Texas oil lease

Producing

SHACKELFORD-FREEMAN 10K

Shackelford-Freeman 10K is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

174,185bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62997

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
733,491 mcf
Oil in Jul 2026
10,266 bbl

Production by month

Oil output fell 65% since Mar 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 65% since Mar 2025Monthly oil production and gas for SHACKELFORD-FREEMAN 10K, Mar 2025 to Jul 2026. Oil output fell 65% since Mar 2025. Monthly average of 11,727 bbl in the latest 3 months, against 33,905 bbl in the first 3.bbl per monthmcf per month0010k25k20k50k30k75k40k100kApr 25JulOctJan 26AprJul
Oil output fell 65% since Mar 2025Monthly oil production and gas for SHACKELFORD-FREEMAN 10K, Mar 2025 to Jul 2026. Oil output fell 65% since Mar 2025. Monthly average of 11,727 bbl in the latest 3 months, against 33,905 bbl in the first 3.bbl per monthmcf per month0010k25k20k50k30k75k40k100kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of SHACKELFORD-FREEMAN 10K gas by disposition code each month, Mar 2025 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 25JulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of SHACKELFORD-FREEMAN 10K gas by disposition code each month, Mar 2025 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 712,477 mcf

  • Lease fuel (1)

    2.8% · 20,681 mcf

  • Flared (4)

    0.0% · 333 mcf

1 well on this lease

Wells on SHACKELFORD-FREEMAN 10K
API numberWell no.Status
42-329-47136211HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Mar 4, 2025
Plains Pipeline L.p.OilGathers50Mar 4, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 4, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 4, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,479.70 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Shackelford-Freeman 10K
API numberWell no.Acreson the permit
42-329-47136211H1,479.70

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

Unit decimal checker

Estimate your royalty

17 months, newest first

Ledger for SHACKELFORD-FREEMAN 10K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,26610,27369,26169,025139$80.46$2.89
Jun 202611,87311,87878,78478,6718$84.81$3.15
May 202613,04213,04680,02979,9154$102.13$2.94
Apr 202614,40714,38086,91084,2141$100.32$2.77
Mar 20269,3099,31750,48948,7933$91.38$3.04
Feb 202610,49410,50142,16340,63791$64.51$3.62
Jan 202613,05413,06442,20440,75156$60.04$7.72
Dec 202516,99617,01657,12554,2227$57.97$4.26
Nov 202517,09917,10854,81651,9418$60.06$3.79
Oct 202515,16115,20346,98544,5974$60.89$3.19
Sep 202519,76219,73559,31056,76210$63.96$2.97
Aug 202522,72222,71465,41562,9492$64.86$2.91
Jul 202527,04927,17968,91766,2061$68.39$3.20
Jun 202528,51428,42872,26269,5400$68.17$3.02
May 202530,86630,84472,76769,9846$62.17$3.12
Apr 202537,40337,39574,71374,5727$63.54$3.42
Mar 202533,44533,35148,47948,3503$68.24$4.12

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)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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