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Texas oil lease

Producing

SHERROD C28 L

Sherrod C28 L is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

109,151bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22908

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
676,655 mcf
Oil in Jul 2026
5,610 bbl

Production by month

Oil output fell 70% since Mar 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 70% since Mar 2025Monthly oil production and gas for SHERROD C28 L, Mar 2025 to Jul 2026. Oil output fell 70% since Mar 2025. Monthly average of 5,992 bbl in the latest 3 months, against 20,290 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kApr 25JulOctJan 26AprJul
Oil output fell 70% since Mar 2025Monthly oil production and gas for SHERROD C28 L, Mar 2025 to Jul 2026. Oil output fell 70% since Mar 2025. Monthly average of 5,992 bbl in the latest 3 months, against 20,290 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of SHERROD C28 L gas by disposition code each month, Mar 2025 to Jul 2026. 98% 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
98% of the gas went to a processing plant in the last 12 monthsShare of SHERROD C28 L gas by disposition code each month, Mar 2025 to Jul 2026. 98% 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)

    98% · 663,426 mcf

  • Lease fuel (1)

    1.9% · 12,955 mcf

  • Flared (4)

    0.0% · 274 mcf

1 well on this lease

Wells on SHERROD C28 L
API numberWell no.Status
42-383-4132512HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Dec 28, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 28, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 28, 2024

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

Who buys my oilOil price check

970.80 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 Sherrod C28 L
API numberWell no.Acreson the permit
42-383-4132512H970.80

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

Unit decimal checker

Estimate your royalty

17 months, newest first

Ledger for SHERROD C28 L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,6105,65542,88242,2080$80.46$2.89
Jun 20265,7055,68459,93059,0220$84.81$3.15
May 20266,6616,64850,71549,9180$102.13$2.94
Apr 20267,0707,04556,56155,62836$100.32$2.77
Mar 20267,8687,92265,57264,247213$91.38$3.04
Feb 20267,6317,55158,64057,5280$64.51$3.62
Jan 20263,9764,02043,98443,0470$60.04$7.72
Dec 20259,3249,36470,27768,98219$57.97$4.26
Nov 202513,35513,35959,81658,6180$60.06$3.79
Oct 202513,38013,36657,46456,1000$60.89$3.19
Sep 202514,41814,42855,17853,8756$63.96$2.97
Aug 202514,15314,18355,63654,2530$64.86$2.91
Jul 202515,80215,87347,44946,12244$68.39$3.20
Jun 202521,45121,48042,57641,3980$68.17$3.02
May 202528,61628,53744,47743,7690$62.17$3.12
Apr 202532,05131,87038,76538,69526$63.54$3.42
Mar 20252021993903881$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)CountyReagan County

Pioneer Natural Res. USA, Inc. in Reagan County

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Spraberry (Trend Area) field

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