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Producing

SHADY OAKS N 48-37

Shady Oaks N 48-37 is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

3 wells

15,878bbl oil, last 12 months−30% vs prior year
RRC lease
08-54355

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
430,915 mcf
Oil in Jul 2026
1,180 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ENTERPRISE M B MIDSTREAM LLC replaced ENTERPRISE PRODUCTS OPERATING LLC, TARGA PL MID-CONT WESTTEX LLC as the buyer of this lease's gas from oil wells on Aug 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 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for SHADY OAKS N 48-37, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 15,878 bbl in the 12 months through Jul 2026, against 22,539 bbl in the 12 months before.Last 12 months: 15,878 bblbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080k5,000100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for SHADY OAKS N 48-37, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 15,878 bbl in the 12 months through Jul 2026, against 22,539 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080k5,000100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of SHADY OAKS N 48-37 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of SHADY OAKS N 48-37 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 428,821 mcf

  • Lease fuel (1)

    0.5% · 2,081 mcf

  • Flared (4)

    0.0% · 13 mcf

Who has run this lease

The operator changed once, most recently in Jun 2021

Operators of this lease over timeDe3 Operating LLC, May 2020 to May 2021; Pioneer Natural Res. USA, Inc., Jun 2021 to Jul 2026202120222023202420252026Changed Jun 2021De3 Operating LLCMay 2020 to May 2021Pioneer Natural Res. USA, Inc.Jun 2021 to now
Operators of this lease over timeDe3 Operating LLC, May 2020 to May 2021; Pioneer Natural Res. USA, Inc., Jun 2021 to Jul 2026202120222023202420252026Changed Jun 2021De3 Operating LLCMay 2020 to May 2021Pioneer Natural Res. USA, Inc.Jun 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on SHADY OAKS N 48-37
API numberWell no.Status
42-329-435624414HActive
42-329-435634214HActive
42-329-435682814HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 9, 2020–
Enterprise M B Midstream LLCCasinghead gasBuys100Aug 1, 2026–
Enterprise Products Operating LLCCasinghead gasGathers100Aug 1, 2026–
Enterprise Products Operating LLCCasinghead gasGathers50Sep 1, 2022Aug 1, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Jun 1, 2022Aug 1, 2026
Enterprise Products Operating LLCCasinghead gasBuys50Sep 1, 2022Aug 1, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50May 9, 2020Aug 1, 2026
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers50Jun 1, 2022Sep 1, 2022
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys50Jun 1, 2022Sep 1, 2022

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

405.34 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.

  • 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 Shady Oaks N 48-37
API numberWell no.Acreson the permit
42-329-435624414H405.34
42-329-435634214H405.34
42-329-435682814H405.34

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

Estimate your royalty

36 months, newest first

Ledger for SHADY OAKS N 48-37
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural1,1801,18734,56034,3950$80.46$2.89
Jun 2026Pioneer Natural97497224,60624,4760$84.81$3.15
May 2026Pioneer Natural1,2251,21037,71937,5470$102.13$2.94
Apr 2026Pioneer Natural1,2271,23738,70838,5240$100.32$2.77
Mar 2026Pioneer Natural1,3491,38538,87938,7020$91.38$3.04
Feb 2026Pioneer Natural1,3751,34736,12435,9610$64.51$3.62
Jan 2026Pioneer Natural1,2281,22429,64029,46713$60.04$7.72
Dec 2025Pioneer Natural1,3591,38135,35235,1790$57.97$4.26
Nov 2025Pioneer Natural1,6091,57940,13639,9410$60.06$3.79
Oct 2025Pioneer Natural1,5751,58441,20941,0150$60.89$3.19
Sep 2025Pioneer Natural1,3281,35936,49036,3150$63.96$2.97
Aug 2025Pioneer Natural1,4491,42137,49237,2990$64.86$2.91
Jul 2025Pioneer Natural1,6521,64841,64141,4460$68.39$3.20
Jun 2025Pioneer Natural1,4801,50536,90136,7170$68.17$3.02
May 2025Pioneer Natural1,8131,81939,09938,9080$62.17$3.12
Apr 2025Pioneer Natural1,7651,76937,37237,1680$63.54$3.42
Mar 2025Pioneer Natural1,8611,84740,46040,2470$68.24$4.12
Feb 2025Pioneer Natural1,4161,40132,34832,1611$71.53$4.19
Jan 2025Pioneer Natural1,8591,86247,67747,4252$75.74$4.13
Dec 2024Pioneer Natural2,1112,12850,88250,6260$70.12$3.01
Nov 2024Pioneer Natural2,0582,03850,41150,1870$69.95$2.12
Oct 2024Pioneer Natural2,0252,03447,93347,7300$71.99$2.20
Sep 2024Pioneer Natural2,1852,18746,41946,2250$70.24$2.28
Aug 2024Pioneer Natural2,3142,29847,95847,7630$76.68$1.99
Jul 2024Pioneer Natural2,3892,39150,16149,9640$81.80$2.07
Jun 2024Pioneer Natural2,4342,42646,30146,1220$79.77$2.54
May 2024Pioneer Natural2,6572,67647,99447,8100$80.02$2.12
Apr 2024Pioneer Natural2,6992,68445,37345,1980$85.35$1.60
Mar 2024Pioneer Natural2,9302,99145,32845,1540$81.28$1.49
Feb 2024Pioneer Natural4,8074,76940,09039,9330$77.25$1.72
Jan 2024Pioneer Natural2,8582,86242,78642,6100$74.15$3.18
Dec 2023Pioneer Natural3,3083,33640,97940,8210$71.90$2.52
Nov 2023Pioneer Natural3,7293,70137,38337,2350$77.69$2.71
Oct 2023Pioneer Natural3,5253,52943,85843,6934$85.64$2.98
Sep 2023Pioneer Natural3,4863,47140,97940,8195$89.43$2.64
Aug 2023Pioneer Natural3,3363,32939,99739,83319$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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