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Texas oil lease

Producing

WATKINS-BURKITT 1204G

Watkins-Burkitt 1204G is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

18,665bbl oil, last 12 months−12% vs prior year
RRC lease
7C-20230

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
231,542 mcf
Oil in Jul 2026
3,219 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for WATKINS-BURKITT 1204G, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 18,665 bbl in the 12 months through Jul 2026, against 21,151 bbl in the 12 months before.Last 12 months: 18,665 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for WATKINS-BURKITT 1204G, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 18,665 bbl in the 12 months through Jul 2026, against 21,151 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of WATKINS-BURKITT 1204G gas by disposition code each month, Aug 2023 to Jul 2026. 93% 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 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of WATKINS-BURKITT 1204G gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 216,350 mcf

  • Lease fuel (1)

    6.5% · 15,164 mcf

  • Flared (4)

    0.0% · 28 mcf

2 wells on this lease

Wells on WATKINS-BURKITT 1204G
API numberWell no.Status
42-383-402867HActive
42-383-4056710HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Mar 20, 2019
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 20, 2019
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 20, 2019

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

1,219.40 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 Watkins-Burkitt 1204G
API numberWell no.Acreson the permit
42-383-4056710H1,219.40
42-383-402867H1,219.40

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

Estimate your royalty

36 months, newest first

Ledger for WATKINS-BURKITT 1204G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,2193,19519,00517,7210$80.46$2.89
Jun 20262,0382,02524,52122,9570$84.81$3.15
May 20261,2321,22918,19616,9300$102.13$2.94
Apr 202690089718,57317,5590$100.32$2.77
Mar 20261,0521,06019,32218,2330$91.38$3.04
Feb 20261,3301,32516,43815,5180$64.51$3.62
Jan 20261,6061,59618,57317,5450$60.04$7.72
Dec 20251,3691,36915,84314,46424$57.97$4.26
Nov 20251,4601,46821,63220,0380$60.06$3.79
Oct 20251,5271,52019,44417,8321$60.89$3.19
Sep 20251,3061,31320,33719,0750$63.96$2.97
Aug 20251,6261,61619,65818,4783$64.86$2.91
Jul 202584284811,44810,6400$68.39$3.20
Jun 20251,4421,47819,49317,98345$68.17$3.02
May 20251,7841,78320,98819,44340$62.17$3.12
Apr 20251,3551,33017,08515,8236$63.54$3.42
Mar 20251,0891,10016,43815,1710$68.24$4.12
Feb 20251,6071,60320,72819,3760$71.53$4.19
Jan 20251,6941,69427,29525,5390$75.74$4.13
Dec 20242,1022,09929,75228,2470$70.12$3.01
Nov 20242,1332,13326,41925,0230$69.95$2.12
Oct 20242,2472,24329,41627,88667$71.99$2.20
Sep 20242,2592,26028,99327,54547$70.24$2.28
Aug 20242,5972,59228,73527,4361$76.68$1.99
Jul 20242,5322,54329,47328,1265$81.80$2.07
Jun 20242,4012,45729,41827,7240$79.77$2.54
May 20242,6122,61430,16128,8590$80.02$2.12
Apr 20242,8562,84528,67927,46211$85.35$1.60
Mar 20243,1393,14628,69427,6820$81.28$1.49
Feb 20243,1053,09828,35827,29975$77.25$1.72
Jan 20243,1533,16228,41327,178258$74.15$3.18
Dec 20233,4483,45528,39927,4745$71.90$2.52
Nov 20233,6623,66228,46527,5171$77.69$2.71
Oct 20233,7283,74529,00927,9992$85.64$2.98
Sep 20233,6863,66028,14727,1350$89.43$2.64
Aug 20233,7473,74224,72123,81718$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Spraberry (Trend Area) field

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