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Texas oil lease

Producing

SHACKELFORD-FREEMAN 10L

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

1 well

145,517bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-62944

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
413,002 mcf
Oil in Jul 2026
7,868 bbl

Production by month

Oil output fell 75% since Mar 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 75% since Mar 2025Monthly oil production and gas for SHACKELFORD-FREEMAN 10L, Mar 2025 to Jul 2026. Oil output fell 75% since Mar 2025. Monthly average of 8,721 bbl in the latest 3 months, against 34,414 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kApr 25JulOctJan 26AprJul
Oil output fell 75% since Mar 2025Monthly oil production and gas for SHACKELFORD-FREEMAN 10L, Mar 2025 to Jul 2026. Oil output fell 75% since Mar 2025. Monthly average of 8,721 bbl in the latest 3 months, against 34,414 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 25Jan 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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of SHACKELFORD-FREEMAN 10L gas by disposition code each month, Mar 2025 to Jul 2026. 96% 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
96% of the gas went to a processing plant in the last 12 monthsShare of SHACKELFORD-FREEMAN 10L gas by disposition code each month, Mar 2025 to Jul 2026. 96% 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)

    96% · 396,084 mcf

  • Lease fuel (1)

    4.1% · 16,744 mcf

  • Flared (4)

    0.0% · 174 mcf

1 well on this lease

Wells on SHACKELFORD-FREEMAN 10L
API numberWell no.Status
42-329-47137212HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Mar 3, 2025
Plains Pipeline L.p.OilGathers50Mar 3, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 3, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 3, 2025

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

Who buys my oilOil price check

1,440 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.

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Permits for Shackelford-Freeman 10L
API numberWell no.Acreson the permit
42-329-47137212H1,440

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 10L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,8687,87225,65824,62149$80.46$2.89
Jun 20268,5028,50727,21126,1623$84.81$3.15
May 20269,7949,79432,66631,4041$102.13$2.94
Apr 202610,07510,05736,31135,1960$100.32$2.77
Mar 20266,7406,75619,03018,4001$91.38$3.04
Feb 202611,46411,46327,14326,17358$64.51$3.62
Jan 202611,24711,25330,71329,66140$60.04$7.72
Dec 202513,65213,67635,02933,2624$57.97$4.26
Nov 202515,87315,88039,96337,8826$60.06$3.79
Oct 202513,70613,73436,26034,4253$60.89$3.19
Sep 202516,11916,10445,72043,7597$63.96$2.97
Aug 202520,47720,47057,29855,1392$64.86$2.91
Jul 202524,32424,43766,85864,2231$68.39$3.20
Jun 202525,15625,08565,89363,4090$68.17$3.02
May 202528,47328,45170,55867,8536$62.17$3.12
Apr 202533,87633,87169,29869,1686$63.54$3.42
Mar 202540,89240,80549,21849,0893$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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