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Producing

WATKINS-WAVLE 1204C

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

1 well

24,064bbl oil, last 12 months+75% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-20960

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
111,302 mcf
Oil in Jul 2026
709 bbl

Production by month

Oil output rose 75% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 75% over the last 12 monthsMonthly oil production and gas for WATKINS-WAVLE 1204C, Aug 2023 to Jul 2026. Oil output rose 75% over the last 12 months. 24,064 bbl in the 12 months through Jul 2026, against 13,758 bbl in the 12 months before.Last 12 months: 24,064 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 75% over the last 12 monthsMonthly oil production and gas for WATKINS-WAVLE 1204C, Aug 2023 to Jul 2026. Oil output rose 75% over the last 12 months. 24,064 bbl in the 12 months through Jul 2026, against 13,758 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

94% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of WATKINS-WAVLE 1204C gas by disposition code each month, Aug 2023 to Jul 2026. 94% 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
94% of the gas went to a processing plant in the last 12 monthsShare of WATKINS-WAVLE 1204C gas by disposition code each month, Aug 2023 to Jul 2026. 94% 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)

    94% · 104,084 mcf

  • Lease fuel (1)

    6.5% · 7,203 mcf

  • Flared (4)

    0.0% · 15 mcf

1 well on this lease

Wells on WATKINS-WAVLE 1204C
API numberWell no.Status
42-383-407073HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Cp Refining and Trucking LLCOilGathers50Mar 16, 2020
Medallion Operating Company, LLCOilGathers50Mar 16, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 16, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 16, 2020

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 1204C
API numberWell no.Acreson the permit
42-383-407073H969.60

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 1204C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202670970910,1819,4870$80.46$2.89
Jun 20268098118,8508,2860$84.81$3.15
May 20268748819,5398,8760$102.13$2.94
Apr 20261,1081,1089,9809,4370$100.32$2.77
Mar 20261,5511,5468,5988,1200$91.38$3.04
Feb 20261,0171,0177,0816,6870$64.51$3.62
Jan 20261,4981,4988,0857,6410$60.04$7.72
Dec 20252,8372,8368,5817,84413$57.97$4.26
Nov 20252,7412,7627,6307,0770$60.06$3.79
Oct 20253,4263,4188,9808,2500$60.89$3.19
Sep 20254,1014,10410,97910,3170$63.96$2.97
Aug 20253,3933,36712,81812,0622$64.86$2.91
Jul 20258608648,7348,1190$68.39$3.20
Jun 20251,1201,14412,26111,31328$68.17$3.02
May 20251,2651,26912,51611,59624$62.17$3.12
Apr 20251,0931,0757,5066,9553$63.54$3.42
Mar 20251,0101,00910,6159,8000$68.24$4.12
Feb 20259349329,3868,7750$71.53$4.19
Jan 202599799710,80010,1070$75.74$4.13
Dec 20241,2181,21612,56011,9270$70.12$3.01
Nov 20241,1961,19712,32311,6720$69.95$2.12
Oct 20241,3541,35113,66712,95632$71.99$2.20
Sep 20241,2711,27113,45712,78721$70.24$2.28
Aug 20241,4401,43813,10212,5110$76.68$1.99
Jul 20241,6021,60514,10713,4642$81.80$2.07
Jun 20241,1701,21616,45815,5090$79.77$2.54
May 20241,8261,82318,57117,7700$80.02$2.12
Apr 20241,8711,86014,94414,3126$85.35$1.60
Mar 20241,8861,89014,94714,4210$81.28$1.49
Feb 20241,8861,88314,34713,81238$77.25$1.72
Jan 20241,9411,94614,80914,167134$74.15$3.18
Dec 20232,0942,09116,46615,9303$71.90$2.52
Nov 20231,9381,94017,04416,4760$77.69$2.71
Oct 20232,0622,07117,41116,8041$85.64$2.98
Sep 20232,0312,01517,15416,5360$89.43$2.64
Aug 20232,0172,00717,02416,39913$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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