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Producing

STRAIN RANCH 12-1-F

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

3 wells

30,790bbl oil, last 12 months−30% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-55522

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
547,838 mcf
Oil in Jul 2026
2,336 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 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 STRAIN RANCH 12-1-F, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 30,790 bbl in the 12 months through Jul 2026, against 44,073 bbl in the 12 months before.Last 12 months: 30,790 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for STRAIN RANCH 12-1-F, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 30,790 bbl in the 12 months through Jul 2026, against 44,073 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% 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)
95% of the gas went to a processing plant in the last 12 monthsShare of STRAIN RANCH 12-1-F gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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
95% of the gas went to a processing plant in the last 12 monthsShare of STRAIN RANCH 12-1-F gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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)

    95% · 521,850 mcf

  • Lease fuel (1)

    4.7% · 25,717 mcf

  • Flared (4)

    0.0% · 271 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 2021 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 2026202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2021 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2021 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 2026202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2021 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-F
API numberWell no.Status
42-317-427584411HActive
42-317-427594211VHActive
42-317-427602811VHActive

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 gasGathers100Jan 18, 2021Jan 1, 2023

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

Who buys my oilOil price check

967.60 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-F
API numberWell no.Acreson the permit
42-317-427584411H967.60
42-317-427594211VH967.60
42-317-427602811VH967.60

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-F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural2,3362,32655,73252,376153$80.46$2.89
Jun 2026Pioneer Natural2,5492,56140,32738,1090$84.81$3.15
May 2026Pioneer Natural2,9272,92853,69250,1660$102.13$2.94
Apr 2026Pioneer Natural3,0253,03759,32655,4500$100.32$2.77
Mar 2026Pioneer Natural3,4653,45758,34054,4240$91.38$3.04
Feb 2026Pioneer Natural2,1672,16436,39135,1290$64.51$3.62
Jan 2026Pioneer Natural1,5311,53831,31029,93456$60.04$7.72
Dec 2025Pioneer Natural2,3202,31330,56929,46344$57.97$4.26
Nov 2025Pioneer Natural2,9472,94345,28443,8422$60.06$3.79
Oct 2025Pioneer Natural2,3482,35446,61745,00110$60.89$3.19
Sep 2025Pioneer Natural2,1732,17544,40743,1311$63.96$2.97
Aug 2025Pioneer Natural3,0022,99545,84344,8255$64.86$2.91
Jul 2025Pioneer Natural3,0883,09649,97048,981159$68.39$3.20
Jun 2025Pioneer Natural3,0543,05849,36348,19729$68.17$3.02
May 2025Pioneer Natural3,6723,67045,73644,6370$62.17$3.12
Apr 2025Pioneer Natural3,3733,36234,86634,338100$63.54$3.42
Mar 2025Pioneer Natural2,2982,30726,78825,200805$68.24$4.12
Feb 2025Pioneer Natural3,3333,33937,55536,185324$71.53$4.19
Jan 2025Pioneer Natural3,6453,64243,71442,152256$75.74$4.13
Dec 2024Pioneer Natural3,7383,75348,37145,0882,048$70.12$3.01
Nov 2024Pioneer Natural4,7344,73952,16250,89692$69.95$2.12
Oct 2024Pioneer Natural4,4884,50054,16252,9850$71.99$2.20
Sep 2024Pioneer Natural3,9373,91752,35151,1802$70.24$2.28
Aug 2024Pioneer Natural4,7134,71056,75255,5752$76.68$1.99
Jul 2024Pioneer Natural4,5194,50547,04445,88544$81.80$2.07
Jun 2024Pioneer Natural4,7534,74144,58043,5221$79.77$2.54
May 2024Pioneer Natural5,0625,06244,90243,65298$80.02$2.12
Apr 2024Pioneer Natural2,7982,81432,07530,862455$85.35$1.60
Mar 2024Pioneer Natural4,7484,75348,92147,414296$81.28$1.49
Feb 2024Pioneer Natural4,0924,13639,22237,504753$77.25$1.72
Jan 2024Pioneer Natural4,8164,77342,76541,037696$74.15$3.18
Dec 2023Pioneer Natural4,2514,21236,69134,0191,414$71.90$2.52
Nov 2023Pioneer Natural5,2145,26151,01449,78596$77.69$2.71
Oct 2023Pioneer Natural5,6395,61450,10948,201521$85.64$2.98
Sep 2023Pioneer Natural6,0686,07051,45049,988161$89.43$2.64
Aug 2023Pioneer Natural5,8985,90351,25849,589303$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.

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Nearby

This lease belongs to

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

Pioneer Natural Res. USA, Inc. in Martin County

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Spraberry (Trend Area) field

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