Skip to content
Royalty Clerk

Texas oil lease

Producing

STRAIN RANCH 12-1-B

Strain Ranch 12-1-B is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

3 wells

45,510bbl oil, last 12 months−39% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-52262

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
403,377 mcf
Oil in Jul 2026
2,448 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.

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 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for STRAIN RANCH 12-1-B, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 45,510 bbl in the 12 months through Jul 2026, against 74,668 bbl in the 12 months before.Last 12 months: 45,510 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for STRAIN RANCH 12-1-B, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 45,510 bbl in the 12 months through Jul 2026, against 74,668 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kJan 24JulJan 25JulJan 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

Flaring peaked at 4.2% of the gas in Dec 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of STRAIN RANCH 12-1-B gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of STRAIN RANCH 12-1-B gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 4.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 388,159 mcf

  • Lease fuel (1)

    3.7% · 15,046 mcf

  • Flared (4)

    0.0% · 172 mcf

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on STRAIN RANCH 12-1-B
API numberWell no.Status
42-317-417494304HActive
42-317-417514103HActive
42-317-427432703VHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers25Jan 1, 2023–
Energy Transfer CompanyOilGathers25Feb 1, 2025–
Lpc Crude Iii, LLCOilGathers25Sep 1, 2024–
Oasis Transp & Marketing Corp.OilGathers25Jan 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Sep 1, 2024–
Etc North Permian Midstream LLCCasinghead gasBuys100Sep 1, 2024Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers25Sep 1, 2024Feb 1, 2025
Wtg North Permian Midstream LLCCasinghead gasGathers100Jan 1, 2023Sep 1, 2024
Wtg North Permian Midstream LLCCasinghead gasBuys100Jan 1, 2023Sep 1, 2024
Nustar Permian Trans and Stg,llcOilGathers50Jan 1, 2023Sep 1, 2024
Energy Transfer CompanyCasinghead gasGathers100Mar 19, 2019Jan 1, 2023

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

Who buys my oilOil price check

642.90 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 Strain Ranch 12-1-B
API numberWell no.Acreson the permit
42-317-427432703VH642.90
42-317-417494304H642.90
42-317-417514103H642.90

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STRAIN RANCH 12-1-B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural2,4482,45224,90123,53068$80.46$2.89
Jun 2026Pioneer Natural5,6415,65542,57940,6570$84.81$3.15
May 2026Pioneer Natural4,9164,90936,33734,4500$102.13$2.94
Apr 2026Pioneer Natural4,0954,10638,98236,9010$100.32$2.77
Mar 2026Pioneer Natural4,1254,12945,03142,5410$91.38$3.04
Feb 2026Pioneer Natural3,7303,71528,33227,5590$64.51$3.62
Jan 2026Pioneer Natural2,0002,01322,93322,07641$60.04$7.72
Dec 2025Pioneer Natural3,3033,29336,51935,41352$57.97$4.26
Nov 2025Pioneer Natural4,1734,16732,98732,2481$60.06$3.79
Oct 2025Pioneer Natural3,2963,32128,24327,5216$60.89$3.19
Sep 2025Pioneer Natural4,3154,29433,84733,1471$63.96$2.97
Aug 2025Pioneer Natural3,4683,47032,68632,1163$64.86$2.91
Jul 2025Pioneer Natural5,0495,06338,90938,323123$68.39$3.20
Jun 2025Pioneer Natural4,9114,91538,84038,17923$68.17$3.02
May 2025Pioneer Natural5,8295,82137,19936,5950$62.17$3.12
Apr 2025Pioneer Natural4,8344,83330,60930,25687$63.54$3.42
Mar 2025Pioneer Natural4,9574,96330,03328,542901$68.24$4.12
Feb 2025Pioneer Natural5,7045,71532,99532,113284$71.53$4.19
Jan 2025Pioneer Natural6,2156,21036,11935,223210$75.74$4.13
Dec 2024Pioneer Natural6,3836,39944,47941,8251,879$70.12$3.01
Nov 2024Pioneer Natural7,1437,15940,54639,88571$69.95$2.12
Oct 2024Pioneer Natural7,4647,49945,09744,4580$71.99$2.20
Sep 2024Pioneer Natural7,4797,44045,43344,7532$70.24$2.28
Aug 2024Pioneer Natural8,7008,66538,83238,3521$76.68$1.99
Jul 2024Pioneer Natural5,4085,39928,64528,14427$81.80$2.07
Jun 2024Pioneer Natural6,8996,88632,78732,3011$79.77$2.54
May 2024Pioneer Natural8,6008,59328,23527,73261$80.02$2.12
Apr 2024Pioneer Natural3,6493,67216,45915,936231$85.35$1.60
Mar 2024Pioneer Natural6,3436,37031,37730,643188$81.28$1.49
Feb 2024Pioneer Natural7,7537,83332,41031,282616$77.25$1.72
Jan 2024Pioneer Natural8,9328,86634,76433,676570$74.15$3.18
Dec 2023Pioneer Natural9,2549,16833,01631,0811,266$71.90$2.52
Nov 2023Pioneer Natural9,1839,26733,31932,81062$77.69$2.71
Oct 2023Pioneer Natural10,11710,06632,60731,741336$85.64$2.98
Sep 2023Pioneer Natural9,0859,08331,80731,198101$89.43$2.64
Aug 2023Pioneer Natural7,7497,76530,88030,167181$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?

Check my statement

Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMartin County

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