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Texas oil lease

Producing

TURNER W2-1202B

Turner W2-1202B is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

66,771bbl oil, last 12 months−53% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22481

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
154,672 mcf
Oil in Jul 2026
5,197 bbl

Production by month

Oil output fell 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for TURNER W2-1202B, Jun 2024 to Jul 2026. Oil output fell 53% over the last 12 months. 66,771 bbl in the 12 months through Jul 2026, against 141,476 bbl in the 12 months before.Last 12 months: 66,771 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for TURNER W2-1202B, Jun 2024 to Jul 2026. Oil output fell 53% over the last 12 months. 66,771 bbl in the 12 months through Jul 2026, against 141,476 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of TURNER W2-1202B gas by disposition code each month, Jun 2024 to Jul 2026. Over 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%Jul 24OctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of TURNER W2-1202B gas by disposition code each month, Jun 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 154,451 mcf

  • Lease fuel (1)

    0.1% · 193 mcf

  • Flared (4)

    0.0% · 28 mcf

1 well on this lease

Wells on TURNER W2-1202B
API numberWell no.Status
42-383-415432HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Mar 18, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 18, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 18, 2024

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

Who buys my oilOil price check

1,376 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 Turner W2-1202B
API numberWell no.Acreson the permit
42-383-415432H1,376

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

Unit decimal checker

Estimate your royalty

26 months, newest first

Ledger for TURNER W2-1202B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,1975,19217,59917,5740$80.46$2.89
Jun 20265,3685,37914,90914,8880$84.81$3.15
May 20265,8195,84012,86512,8480$102.13$2.94
Apr 20266,1386,08113,36113,3440$100.32$2.77
Mar 20264,5434,52810,68410,6710$91.38$3.04
Feb 20262,8922,91510,20710,1950$64.51$3.62
Jan 20266,2256,19618,06418,0440$60.04$7.72
Dec 20257,0957,09217,22817,18228$57.97$4.26
Nov 20257,0557,09915,27115,2530$60.06$3.79
Oct 20257,7787,72311,81411,7960$60.89$3.19
Sep 20254,0164,0318,8568,8460$63.96$2.97
Aug 20254,6454,6153,8143,8100$64.86$2.91
Jul 20252,0252,1291,8931,8900$68.39$3.20
Jun 202513,59813,68713,72613,66832$68.17$3.02
May 20257,7167,6787,8587,82315$62.17$3.12
Apr 20254,8754,88215,75115,7066$63.54$3.42
Mar 20258,6878,72024,75024,6990$68.24$4.12
Feb 202510,19510,16021,08121,0360$71.53$4.19
Jan 202510,0029,97827,41527,3600$75.74$4.13
Dec 202410,83710,84429,01428,9730$70.12$3.01
Nov 202412,79212,82028,08628,0470$69.95$2.12
Oct 202415,88715,91034,34434,21781$71.99$2.20
Sep 202420,90320,91032,80732,70954$70.24$2.28
Aug 202423,95923,88027,31027,2711$76.68$1.99
Jul 202419,66219,63122,37022,3354$81.80$2.07
Jun 20248,8458,74012,63012,6090$79.77$2.54

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)CountyReagan County

Pioneer Natural Res. USA, Inc. in Reagan County

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Spraberry (Trend Area) field

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