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Texas oil lease

Producing

TREDAWAY-ELKIN 21T

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

1 well

176,211bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-63381

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
243,814 mcf
Oil in Jul 2026
9,155 bbl

Production by month

Oil output fell 68% since Aug 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 68% since Aug 2025Monthly oil production and gas for TREDAWAY-ELKIN 21T, Aug 2025 to Jul 2026. Oil output fell 68% since Aug 2025. Monthly average of 7,350 bbl in the latest 3 months, against 22,976 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 25Jan 26AprJul
Oil output fell 68% since Aug 2025Monthly oil production and gas for TREDAWAY-ELKIN 21T, Aug 2025 to Jul 2026. Oil output fell 68% since Aug 2025. Monthly average of 7,350 bbl in the latest 3 months, against 22,976 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 21T 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 21T 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% · 241,233 mcf

  • Flared (4)

    0.7% · 1,763 mcf

  • Lease fuel (1)

    0.3% · 818 mcf

0.7% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on TREDAWAY-ELKIN 21T
API numberWell no.Status
42-329-47489120HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100May 26, 2025
Phillips 66 Dos Picos LLCCasinghead gasBuys100May 26, 2025
Phillips 66 Dos Picos LLCCasinghead gasGathers100May 26, 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 21T
API numberWell no.Acreson the permit
42-329-47489120H1,106.98

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

Unit decimal checker

Estimate your royalty

12 months, newest first

Ledger for TREDAWAY-ELKIN 21T
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269,1559,15615,93615,8762$80.46$2.89
Jun 202611,13711,11818,89518,8281$84.81$3.15
May 20261,7591,7703,1803,1627$102.13$2.94
Apr 20266,9616,97312,44612,37727$100.32$2.77
Mar 202611,02011,02821,14221,04035$91.38$3.04
Feb 202611,94511,94620,35520,165121$64.51$3.62
Jan 202615,36315,35826,06825,719265$60.04$7.72
Dec 202518,82918,82529,77129,424271$57.97$4.26
Nov 202521,11521,13026,79626,294444$60.06$3.79
Oct 202523,54323,53526,13225,710351$60.89$3.19
Sep 202525,68425,72224,15023,884190$63.96$2.97
Aug 202519,70019,62518,94318,75449$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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