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Producing

WATKINS-WAVLE 1204B

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

1 well

27,061bbl oil, last 12 months+45% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-20901

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
124,659 mcf
Oil in Jul 2026
1,149 bbl

Production by month

Oil output rose 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 45% over the last 12 monthsMonthly oil production and gas for WATKINS-WAVLE 1204B, Aug 2023 to Jul 2026. Oil output rose 45% over the last 12 months. 27,061 bbl in the 12 months through Jul 2026, against 18,689 bbl in the 12 months before.Last 12 months: 27,061 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 45% over the last 12 monthsMonthly oil production and gas for WATKINS-WAVLE 1204B, Aug 2023 to Jul 2026. Oil output rose 45% over the last 12 months. 27,061 bbl in the 12 months through Jul 2026, against 18,689 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 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-WAVLE 1204B 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-WAVLE 1204B 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% · 116,529 mcf

  • Lease fuel (1)

    6.5% · 8,113 mcf

  • Flared (4)

    0.0% · 17 mcf

1 well on this lease

Wells on WATKINS-WAVLE 1204B
API numberWell no.Status
42-383-407062HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers75Jul 1, 2024
Explore Logistics LLCOilGathers25Jul 1, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 1, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 1, 2024

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

Who buys my oilOil price check

969.60 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-Wavle 1204B
API numberWell no.Acreson the permit
42-383-407062H969.60

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WATKINS-WAVLE 1204B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,1491,14610,73510,0050$80.46$2.89
Jun 20261,0971,1019,4908,8860$84.81$3.15
May 20261,2631,27010,5909,8560$102.13$2.94
Apr 20261,4721,46510,0959,5470$100.32$2.77
Mar 20261,5821,5899,7389,1950$91.38$3.04
Feb 20261,6991,6928,7838,2970$64.51$3.62
Jan 20261,9521,9429,9219,3770$60.04$7.72
Dec 20251,9291,92710,3849,48615$57.97$4.26
Nov 20251,7891,8209,2348,5580$60.06$3.79
Oct 20253,7713,76211,29510,3740$60.89$3.19
Sep 20254,4424,45712,03011,3040$63.96$2.97
Aug 20254,9164,88112,36411,6442$64.86$2.91
Jul 20251,8091,8108,4227,8340$68.39$3.20
Jun 20251,5521,58110,98010,13425$68.17$3.02
May 20251,5641,57410,99710,19121$62.17$3.12
Apr 20251,4911,47911,91411,0384$63.54$3.42
Mar 20251,9621,95910,92610,0960$68.24$4.12
Feb 20251,7971,7776,7636,3290$71.53$4.19
Jan 20259809864,7184,4170$75.74$4.13
Dec 20241,6771,67511,09210,5380$70.12$3.01
Nov 20241,7181,7188,3557,9160$69.95$2.12
Oct 20241,8371,8366,4366,10714$71.99$2.20
Sep 20241,9941,9775,8935,6049$70.24$2.28
Aug 20243083052,4032,2950$76.68$1.99
Jul 202400000$81.80$2.07
Jun 2024013000$79.77$2.54
May 20244034533,4683,3190$80.02$2.12
Apr 20242,0542,04215,87615,2056$85.35$1.60
Mar 20242,1222,12714,81614,2960$81.28$1.49
Feb 20242,1022,10115,48314,90641$77.25$1.72
Jan 20242,2612,26316,14915,449146$74.15$3.18
Dec 20232,2922,28916,85016,3023$71.90$2.52
Nov 20232,1412,14016,75416,1970$77.69$2.71
Oct 20232,1262,13616,61816,0401$85.64$2.98
Sep 20232,1382,12317,34616,7220$89.43$2.64
Aug 20232,1612,15116,24015,64512$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

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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