Texas oil lease

Producing

TREDAWAY-ELKIN 21R

Name: TREDAWAY-ELKIN 21R monthly oil and gas production, Midland County, Texas
Creator: Texas Railroad Commission

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

1 well

188,815bbl oil, last 12 months

Operator: Pioneer Natural Res. USA, Inc.
County: Midland County
Field: Spraberry (Trend Area)
RRC lease: 08-63367

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Where it sits

This county

Midland County

Gas, last 12 months: 300,525 mcf
Oil in Jul 2026: 7,619 bbl

Production by month

Oil output fell 28% since Aug 2025

Oil (bars)
Gas (line)

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)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Processing plant (3)
99% · 297,745 mcf
Flared (4)
0.6% · 1,838 mcf
Lease fuel (1)
0.3% · 942 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 21R
API number	Well no.	Status
42-329-47487	118H	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Medallion Operating Company, LLC	Oil	Gathers	100	May 2, 2025
Phillips 66 Dos Picos LLC	Casinghead gas	Buys	100	May 2, 2025
Phillips 66 Dos Picos LLC	Casinghead gas	Gathers	100	May 2, 2025

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

Who buys my oil Oil 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.

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Permits for Tredaway-Elkin 21R
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-329-47487	118H	Dec 16, 2024	May 2, 2025	1,106.98	Horizontal, allocation

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

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12 months, newest first

Ledger for TREDAWAY-ELKIN 21R
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	7,619	7,623	22,637	22,550	4	$80.46	$2.89
Jun 2026	10,737	10,753	28,653	28,549	2	$84.81	$3.15
May 2026	10,717	10,703	25,906	25,754	60	$102.13	$2.94
Apr 2026	10,321	10,337	24,734	24,597	54	$100.32	$2.77
Mar 2026	15,618	15,626	34,842	34,673	58	$91.38	$3.04
Feb 2026	16,013	16,015	31,812	31,512	191	$64.51	$3.62
Jan 2026	20,835	20,829	36,164	35,680	368	$60.04	$7.72
Dec 2025	26,199	26,196	37,619	37,182	341	$57.97	$4.26
Nov 2025	30,530	30,535	27,857	27,350	448	$60.06	$3.79
Oct 2025	25,923	25,893	17,649	17,382	222	$60.89	$3.19
Sep 2025	13,175	13,160	11,030	10,910	86	$63.96	$2.97
Aug 2025	1,128	1,124	1,622	1,606	4	$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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