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Texas oil lease

Producing

TREDAWAY-ELKIN 21P

Tredaway-Elkin 21P is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

227,596bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-63403

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
353,524 mcf
Oil in Jul 2026
12,372 bbl

Production by month

Oil output fell 33% since Aug 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 33% since Aug 2025Monthly oil production and gas for TREDAWAY-ELKIN 21P, Aug 2025 to Jul 2026. Oil output fell 33% since Aug 2025. Monthly average of 13,487 bbl in the latest 3 months, against 20,126 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 25Jan 26AprJul
Oil output fell 33% since Aug 2025Monthly oil production and gas for TREDAWAY-ELKIN 21P, Aug 2025 to Jul 2026. Oil output fell 33% since Aug 2025. Monthly average of 13,487 bbl in the latest 3 months, against 20,126 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of TREDAWAY-ELKIN 21P gas by disposition code each month, Aug 2025 to Jul 2026. 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 25Jan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of TREDAWAY-ELKIN 21P gas by disposition code each month, Aug 2025 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 350,312 mcf

  • Flared (4)

    0.6% · 2,075 mcf

  • Lease fuel (1)

    0.3% · 1,137 mcf

0.6% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on TREDAWAY-ELKIN 21P
API numberWell no.Status
42-329-47486116HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100May 10, 2025
Phillips 66 Dos Picos LLCCasinghead gasBuys100May 10, 2025
Phillips 66 Dos Picos LLCCasinghead gasGathers100May 10, 2025

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

Who buys my oilOil price check

1,106.98 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 Tredaway-Elkin 21P
API numberWell no.Acreson the permit
42-329-47486116H1,106.98

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

Unit decimal checker

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12 months, newest first

Ledger for TREDAWAY-ELKIN 21P
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612,37212,36833,45833,3305$80.46$2.89
Jun 202613,13513,16234,14134,0182$84.81$3.15
May 202614,95314,93031,75831,57373$102.13$2.94
Apr 202613,01213,02926,34026,19557$100.32$2.77
Mar 202618,51018,51639,20039,01065$91.38$3.04
Feb 202618,14118,14234,29633,974205$64.51$3.62
Jan 202622,83222,82238,97838,457396$60.04$7.72
Dec 202526,77926,77038,95738,505353$57.97$4.26
Nov 202527,48427,49630,21129,651495$60.06$3.79
Oct 202526,70526,68920,89720,574269$60.89$3.19
Sep 202524,60724,60617,89917,709136$63.96$2.97
Aug 20259,0669,0327,3897,31619$64.86$2.91

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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