Oil and gas leases in Pioneer Natural Res. USA, Inc. — page 14

Pioneer Natural Res. USA, Inc. is a Texas operator, Commission number 665748, with 5,640 leases reporting production across 51 counties. 4,209 of them are oil leases and 1,431 are gas leases. Between them they carry 9,560 wellbores. Reported volumes run from January 1997 to August 2026 and come to 1.4 billion barrels of oil and 1.5 billion Mcf of gas. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Pioneer Natural Res. USA, Inc.

How many oil and gas leases are in Pioneer Natural Res. USA, Inc.?: Pioneer Natural Res. USA, Inc. has 5,640 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Pioneer Natural Res. USA, Inc. produced?: Leases in Pioneer Natural Res. USA, Inc. have reported 1,436,850,532 barrels of oil (bbl) and 1,503,615,745 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1997 and August 2026.
How much are mineral rights in Pioneer Natural Res. USA, Inc. worth?: There is no single figure: what a mineral or royalty interest in Pioneer Natural Res. USA, Inc. is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 5,640 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Leases — page 14 of 29

FISCHER-ERWIN 10K — oil, Pioneer Natural Res. USA, Inc., Midland County, 314 thousand reported
GLYNN-ATCHISON 44N — oil, Pioneer Natural Res. USA, Inc., Martin County, 314 thousand reported
BROOK M-1F — oil, Pioneer Natural Res. USA, Inc., Upton County, 314 thousand reported
HAZELWOOD-GRAHAM 48A — oil, Pioneer Natural Res. USA, Inc., Martin County, 314 thousand reported
HAMMITT-GLYNN 8L — oil, Pioneer Natural Res. USA, Inc., Martin County, 314 thousand reported
DRIVER-LANE W36E — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 314 thousand reported
MCCLINTIC 11E — oil, Pioneer Natural Res. USA, Inc., Midland County, 314 thousand reported
MIDKIFF NEN11F — oil, Pioneer Natural Res. USA, Inc., Midland County, 314 thousand reported
BOHANAN-BLOCKER 3D — oil, Pioneer Natural Res. USA, Inc., Martin County, 314 thousand reported
ERWIN-BETH 38C — oil, Pioneer Natural Res. USA, Inc., Midland County, 314 thousand reported
SALE RANCH 21H — oil, Pioneer Natural Res. USA, Inc., Martin County, 314 thousand reported
WAVLE-BURKITT 1205E — oil, Pioneer Natural Res. USA, Inc., Reagan County, 313 thousand reported
FRANK 11JJ — oil, Pioneer Natural Res. USA, Inc., Midland County, 313 thousand reported
UNIVERSITY-RATLIFF W58-7C — oil, Pioneer Natural Res. USA, Inc., Upton County, 313 thousand reported
SHULL-CRAWFORD 15A — oil, Pioneer Natural Res. USA, Inc., Midland County, 313 thousand reported
ALLAR-CALLAWAY 27R — oil, Pioneer Natural Res. USA, Inc., Martin County, 313 thousand reported
PRESTON 9J — oil, Pioneer Natural Res. USA, Inc., Midland County, 313 thousand reported
BROOK D-E5C — oil, Pioneer Natural Res. USA, Inc., Upton County, 313 thousand reported
MABEE 7H — oil, Pioneer Natural Res. USA, Inc., Martin County, 313 thousand reported
BAUMANN E16Q — oil, Pioneer Natural Res. USA, Inc., Midland County, 313 thousand reported
BUCHANAN C17G — oil, Pioneer Natural Res. USA, Inc., Midland County, 313 thousand reported
WARWINK UNIVERSITY 18-26 'A' — oil, Pioneer Natural Res. USA, Inc., Ward County, 313 thousand reported
BROOK O-3D — oil, Pioneer Natural Res. USA, Inc., Upton County, 312 thousand reported
BROOK A-E7D — oil, Pioneer Natural Res. USA, Inc., Upton County, 312 thousand reported
SHACKELFORD 39I — oil, Pioneer Natural Res. USA, Inc., Midland County, 312 thousand reported
GUNS UP 2T — oil, Pioneer Natural Res. USA, Inc., Midland County, 312 thousand reported
XBC GIDDINGS ESTATE 434C — oil, Pioneer Natural Res. USA, Inc., Upton County, 312 thousand reported
WILDE GARNER 14ED — oil, Pioneer Natural Res. USA, Inc., Upton County, 312 thousand reported
SHACKELFORD 40-12AE — oil, Pioneer Natural Res. USA, Inc., Midland County, 312 thousand reported
PETTUS UNIT — gas, Pioneer Natural Res. USA, Inc., Goliad County, 312 thousand reported
WILLIS-BERMAN NW33CC — oil, Pioneer Natural Res. USA, Inc., Midland County, 312 thousand reported
STIMSON-NAIL W17M — oil, Pioneer Natural Res. USA, Inc., Midland County, 311 thousand reported
HENDERSON — gas, Pioneer Natural Res. USA, Inc., Crockett County, 311 thousand reported
STROUP-KENTEX 48C — oil, Pioneer Natural Res. USA, Inc., Martin County, 311 thousand reported
UNIVERSITY "58-9" — oil, Pioneer Natural Res. USA, Inc., Upton County, 311 thousand reported
BRUNSON RANCH 47C — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 310 thousand reported
CHRISTY-THOMAS 15E — oil, Pioneer Natural Res. USA, Inc., Reagan County, 310 thousand reported
BIVINS — gas, Pioneer Natural Res. USA, Inc., Potter County, 310 thousand reported
CRAWFORD 27C — oil, Pioneer Natural Res. USA, Inc., Midland County, 310 thousand reported
PETTUS UNIT — gas, Pioneer Natural Res. USA, Inc., Goliad County, 310 thousand reported
BIGBY-TXL E15 H — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 310 thousand reported
SALLY E26A — oil, Pioneer Natural Res. USA, Inc., Midland County, 310 thousand reported
WILLIAMS-EILAND 46C — oil, Pioneer Natural Res. USA, Inc., Martin County, 310 thousand reported
PRESTON 18E — oil, Pioneer Natural Res. USA, Inc., Midland County, 310 thousand reported
STONE-ROBB E45B — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 310 thousand reported
MASTERSON — gas, Pioneer Natural Res. USA, Inc., Moore County, 310 thousand reported
NORTH BROOK 38-37EN — oil, Pioneer Natural Res. USA, Inc., Upton County, 310 thousand reported
HUTT, DONALD L. "F" — oil, Pioneer Natural Res. USA, Inc., Midland County, 310 thousand reported
MIDKIFF NES11S — oil, Pioneer Natural Res. USA, Inc., Midland County, 310 thousand reported
TURNER W41B — oil, Pioneer Natural Res. USA, Inc., Midland County, 310 thousand reported
DOVE 11K — oil, Pioneer Natural Res. USA, Inc., Martin County, 310 thousand reported
KILLGORE — gas, Pioneer Natural Res. USA, Inc., Moore County, 309 thousand reported
GERMANIA S42B — oil, Pioneer Natural Res. USA, Inc., Midland County, 309 thousand reported
CHRISTY-THOMASON 15A — oil, Pioneer Natural Res. USA, Inc., Reagan County, 309 thousand reported
PRESTON W13A — oil, Pioneer Natural Res. USA, Inc., Midland County, 309 thousand reported
SHACKELFORD-FREEMAN 10K — oil, Pioneer Natural Res. USA, Inc., Midland County, 309 thousand reported
TROPICANA WEST 23-14V — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 309 thousand reported
DAVIS-LACY 31A — oil, Pioneer Natural Res. USA, Inc., Martin County, 309 thousand reported
BROOK D-E17M — oil, Pioneer Natural Res. USA, Inc., Upton County, 309 thousand reported
WELCH-COX E39V — oil, Pioneer Natural Res. USA, Inc., Martin County, 309 thousand reported
PRESTON-SHACKELFORD 15H — oil, Pioneer Natural Res. USA, Inc., Midland County, 308 thousand reported
SHACKELFORD 39-27A — oil, Pioneer Natural Res. USA, Inc., Midland County, 308 thousand reported
SHACKELFORD 39D — oil, Pioneer Natural Res. USA, Inc., Midland County, 308 thousand reported
ALDWELL 47B — oil, Pioneer Natural Res. USA, Inc., Reagan County, 308 thousand reported
MADISON-HAMILL 36B — oil, Pioneer Natural Res. USA, Inc., Martin County, 308 thousand reported
TURNER C41B — oil, Pioneer Natural Res. USA, Inc., Midland County, 308 thousand reported
SHACKELFORD W39C — oil, Pioneer Natural Res. USA, Inc., Midland County, 308 thousand reported
UNIVERSITY 7-20C — oil, Pioneer Natural Res. USA, Inc., Andrews County, 308 thousand reported
BENEDUM 3F — oil, Pioneer Natural Res. USA, Inc., Upton County, 308 thousand reported
DOVE 11L — oil, Pioneer Natural Res. USA, Inc., Martin County, 308 thousand reported
BROOK O-18C — oil, Pioneer Natural Res. USA, Inc., Upton County, 308 thousand reported
WILLIAMS-EILAND 46B — oil, Pioneer Natural Res. USA, Inc., Martin County, 308 thousand reported
ARICK-SIMMS 26G — oil, Pioneer Natural Res. USA, Inc., Midland County, 307 thousand reported
WILLIAMS-EILAND 3G — oil, Pioneer Natural Res. USA, Inc., Martin County, 307 thousand reported
SALE RANCH 25D — oil, Pioneer Natural Res. USA, Inc., Martin County, 307 thousand reported
TIPPETT-BROOK 32G — oil, Pioneer Natural Res. USA, Inc., Upton County, 307 thousand reported
BROOK D-E5B — oil, Pioneer Natural Res. USA, Inc., Upton County, 307 thousand reported
BROOK D-SW4H — oil, Pioneer Natural Res. USA, Inc., Upton County, 307 thousand reported
HAZELWOOD-GRAHAM 48E — oil, Pioneer Natural Res. USA, Inc., Martin County, 307 thousand reported
WILLIAMS-HAZELWOOD 46G — oil, Pioneer Natural Res. USA, Inc., Martin County, 307 thousand reported
MASTERSON — gas, Pioneer Natural Res. USA, Inc., Moore County, 307 thousand reported
WELCH-COX W39F — oil, Pioneer Natural Res. USA, Inc., Martin County, 307 thousand reported
TEXAS TEN "U" — oil, Pioneer Natural Res. USA, Inc., Midland County, 307 thousand reported
UNIVERSITY "2-21" — oil, Pioneer Natural Res. USA, Inc., Reagan County, 307 thousand reported
ANGEL-FRAZIER 9E — oil, Pioneer Natural Res. USA, Inc., Martin County, 307 thousand reported
COX-CARLOS 19A — oil, Pioneer Natural Res. USA, Inc., Upton County, 307 thousand reported
TREDAWAY-ELKIN 21C — oil, Pioneer Natural Res. USA, Inc., Midland County, 306 thousand reported
TURNER W41E — oil, Pioneer Natural Res. USA, Inc., Midland County, 306 thousand reported
DICKENSON 7B — oil, Pioneer Natural Res. USA, Inc., Martin County, 306 thousand reported
WOODY 31CC — oil, Pioneer Natural Res. USA, Inc., Martin County, 306 thousand reported
MADISON-HAMILL 36A — oil, Pioneer Natural Res. USA, Inc., Martin County, 306 thousand reported
BIVINS — gas, Pioneer Natural Res. USA, Inc., Potter County, 306 thousand reported
SALE RANCH 16A — oil, Pioneer Natural Res. USA, Inc., Martin County, 306 thousand reported
MCCLINTIC 10D — oil, Pioneer Natural Res. USA, Inc., Midland County, 306 thousand reported
ANGEL-FRAZIER 9A — oil, Pioneer Natural Res. USA, Inc., Martin County, 306 thousand reported
THE BAR C 30-19 — oil, Pioneer Natural Res. USA, Inc., Midland County, 306 thousand reported
SALE RANCH E12C — oil, Pioneer Natural Res. USA, Inc., Martin County, 306 thousand reported
STONE-LLOYD E40H — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 306 thousand reported
GLASPIE-HARVARD 11O — oil, Pioneer Natural Res. USA, Inc., Martin County, 305 thousand reported
BROOK O-18F — oil, Pioneer Natural Res. USA, Inc., Upton County, 305 thousand reported
RAYMOND GLASSCOCK 5E — oil, Pioneer Natural Res. USA, Inc., Martin County, 305 thousand reported
PRESTON 9DD — oil, Pioneer Natural Res. USA, Inc., Midland County, 305 thousand reported
HENDERSON, JOHN LEE JR. — gas, Pioneer Natural Res. USA, Inc., Crockett County, 304 thousand reported
DRIVER-LANE W36C — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 304 thousand reported
ODANIEL-CONIAH 60C — oil, Pioneer Natural Res. USA, Inc., Midland County, 304 thousand reported
RAY-OXY W43U — oil, Pioneer Natural Res. USA, Inc., Midland County, 304 thousand reported
SHULL-CRAWFORD 15E — oil, Pioneer Natural Res. USA, Inc., Midland County, 303 thousand reported
PRESTON-FREEMAN 15F — oil, Pioneer Natural Res. USA, Inc., Midland County, 303 thousand reported
WILDE GARNER 14EC — oil, Pioneer Natural Res. USA, Inc., Upton County, 303 thousand reported
CASS-COUNTISS 20H — oil, Pioneer Natural Res. USA, Inc., Midland County, 303 thousand reported
WOODY W36C — oil, Pioneer Natural Res. USA, Inc., Martin County, 303 thousand reported
ROY ESSE 02 — oil, Pioneer Natural Res. USA, Inc., Live Oak County, 303 thousand reported
EPLEY-ROGERS 43C — oil, Pioneer Natural Res. USA, Inc., Martin County, 302 thousand reported
BROOK A-4A — oil, Pioneer Natural Res. USA, Inc., Upton County, 302 thousand reported
COTHREN UNIT — gas, Pioneer Natural Res. USA, Inc., Wise County, 302 thousand reported
DONOVAN-WILLIS E32Q — oil, Pioneer Natural Res. USA, Inc., Midland County, 302 thousand reported
PRESTON S31I — oil, Pioneer Natural Res. USA, Inc., Midland County, 302 thousand reported
BRUNER-WEBB 16C — oil, Pioneer Natural Res. USA, Inc., Martin County, 302 thousand reported
TROPICANA WEST 23-14T — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 302 thousand reported
BRUNSON-ARNETT 36B — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 302 thousand reported
WILDE GARNER 14WF — oil, Pioneer Natural Res. USA, Inc., Upton County, 302 thousand reported
E. T. O'DANIEL 3E — oil, Pioneer Natural Res. USA, Inc., Midland County, 302 thousand reported
MCCLINTIC 12F — oil, Pioneer Natural Res. USA, Inc., Midland County, 301 thousand reported
FASKEN-EVANS 11M — oil, Pioneer Natural Res. USA, Inc., Midland County, 301 thousand reported
GERMANIA S42F — oil, Pioneer Natural Res. USA, Inc., Midland County, 301 thousand reported
MCCLINTIC 10A — oil, Pioneer Natural Res. USA, Inc., Midland County, 301 thousand reported
TXL-SHACKELFORD 37K — oil, Pioneer Natural Res. USA, Inc., Midland County, 301 thousand reported
MARTIN-FOREMAN 20H — oil, Pioneer Natural Res. USA, Inc., Martin County, 301 thousand reported
UNIVERSITY 7-14A — oil, Pioneer Natural Res. USA, Inc., Martin County, 301 thousand reported
BIVINS — gas, Pioneer Natural Res. USA, Inc., Potter County, 301 thousand reported
MARY 18B — oil, Pioneer Natural Res. USA, Inc., Upton County, 300 thousand reported
DRIVER-LANE E36B — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 300 thousand reported
TOM-MILLS 48A — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 300 thousand reported
ZOEY 4-16D — oil, Pioneer Natural Res. USA, Inc., Upton County, 300 thousand reported
CRAWFORD-TANK FARM NE7P — oil, Pioneer Natural Res. USA, Inc., Midland County, 300 thousand reported
SALE RANCH 21K — oil, Pioneer Natural Res. USA, Inc., Martin County, 300 thousand reported
JIM TOM E42H — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 300 thousand reported
SHACKELFORD W31A — oil, Pioneer Natural Res. USA, Inc., Midland County, 300 thousand reported
SLATTON — oil, Pioneer Natural Res. USA, Inc., Martin County, 300 thousand reported
DRIVER-LANE W36F — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 299 thousand reported
HOUSTON RANCH EAST M 13-7 — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 299 thousand reported
SALLY E26E — oil, Pioneer Natural Res. USA, Inc., Midland County, 299 thousand reported
MCMULLAN, R. B. A — gas, Pioneer Natural Res. USA, Inc., Crockett County, 299 thousand reported
DAVIS-FOREMAN 44D — oil, Pioneer Natural Res. USA, Inc., Martin County, 299 thousand reported
MABEE 7A — oil, Pioneer Natural Res. USA, Inc., Martin County, 299 thousand reported
BENEDUM 3B — oil, Pioneer Natural Res. USA, Inc., Upton County, 299 thousand reported
SHACKELFORD-FREEMAN 10E — oil, Pioneer Natural Res. USA, Inc., Midland County, 299 thousand reported
ELMORE WATSON ESTATE — gas, Pioneer Natural Res. USA, Inc., Leon County, 299 thousand reported
THUNDERBIRD AA 50-51 — oil, Pioneer Natural Res. USA, Inc., Midland County, 299 thousand reported
TURNER E41A — oil, Pioneer Natural Res. USA, Inc., Midland County, 299 thousand reported
SHACKELFORD J — oil, Pioneer Natural Res. USA, Inc., Midland County, 299 thousand reported
WAVLE-BURKITT 1205D — oil, Pioneer Natural Res. USA, Inc., Reagan County, 298 thousand reported
ALDWELL W48D — oil, Pioneer Natural Res. USA, Inc., Reagan County, 298 thousand reported
TOM-FOWLER 42M — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 298 thousand reported
DRIVER W5D — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 298 thousand reported
TOM-MILLS 48B — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 298 thousand reported
BYRUM "27" — gas, Pioneer Natural Res. USA, Inc., Roberts County, 298 thousand reported
BRUNSON 36A — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 298 thousand reported
SHACKELFORD B — oil, Pioneer Natural Res. USA, Inc., Midland County, 298 thousand reported
BENEDUM 3C — oil, Pioneer Natural Res. USA, Inc., Upton County, 298 thousand reported
WOODY-INEZ 37S — oil, Pioneer Natural Res. USA, Inc., Martin County, 297 thousand reported
PIRTLE UNIT — gas, Pioneer Natural Res. USA, Inc., Montague County, 297 thousand reported
UNIVERSITY 10-11A — oil, Pioneer Natural Res. USA, Inc., Reagan County, 297 thousand reported
WATKINS-WAVLE 1204B — oil, Pioneer Natural Res. USA, Inc., Reagan County, 297 thousand reported
DRIVER PROCTOR 33-40N — oil, Pioneer Natural Res. USA, Inc., Reagan County, 297 thousand reported
WATKINS-WAVLE 1204A — oil, Pioneer Natural Res. USA, Inc., Reagan County, 297 thousand reported
PRESTON-FREEMAN 15H — oil, Pioneer Natural Res. USA, Inc., Midland County, 297 thousand reported
SHACKELFORD 14E — oil, Pioneer Natural Res. USA, Inc., Midland County, 296 thousand reported
HIGHTOWER 10I — oil, Pioneer Natural Res. USA, Inc., Martin County, 296 thousand reported
DRIVER E5B — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 296 thousand reported
XBC-FRANK 427A — oil, Pioneer Natural Res. USA, Inc., Upton County, 296 thousand reported
BIVINS — gas, Pioneer Natural Res. USA, Inc., Potter County, 296 thousand reported
SHACKELFORD 3C — oil, Pioneer Natural Res. USA, Inc., Midland County, 296 thousand reported
MASTERSON — gas, Pioneer Natural Res. USA, Inc., Potter County, 296 thousand reported
MCCLINTIC 12E — oil, Pioneer Natural Res. USA, Inc., Midland County, 296 thousand reported
KILLGORE — gas, Pioneer Natural Res. USA, Inc., Moore County, 296 thousand reported
MUSTANG WEST A 8-27 — oil, Pioneer Natural Res. USA, Inc., Reagan County, 296 thousand reported
PRESTON E17D — oil, Pioneer Natural Res. USA, Inc., Midland County, 296 thousand reported
PINKERTON-LOUDER 10C — oil, Pioneer Natural Res. USA, Inc., Martin County, 295 thousand reported
DICKENSON-JACKSON 19P — oil, Pioneer Natural Res. USA, Inc., Martin County, 295 thousand reported
WILLIS-BERMAN NE33K — oil, Pioneer Natural Res. USA, Inc., Midland County, 295 thousand reported
THE BAR B 30-19 — oil, Pioneer Natural Res. USA, Inc., Midland County, 295 thousand reported
PRESTON-SHACKELFORD 15F — oil, Pioneer Natural Res. USA, Inc., Midland County, 295 thousand reported
DRIVER C SE9F — oil, Pioneer Natural Res. USA, Inc., Reagan County, 295 thousand reported
SALE RANCH 24A — oil, Pioneer Natural Res. USA, Inc., Martin County, 295 thousand reported
DONOVAN-WILLIS E32C — oil, Pioneer Natural Res. USA, Inc., Midland County, 295 thousand reported
SHACKELFORD E10B — oil, Pioneer Natural Res. USA, Inc., Midland County, 294 thousand reported
MEEK-LINDSAY 6P — oil, Pioneer Natural Res. USA, Inc., Martin County, 294 thousand reported
MADISON-HAMILL 36D — oil, Pioneer Natural Res. USA, Inc., Martin County, 294 thousand reported
ANGEL-FRAZIER 9H — oil, Pioneer Natural Res. USA, Inc., Martin County, 294 thousand reported
WOODY-INEZ 37U — oil, Pioneer Natural Res. USA, Inc., Martin County, 294 thousand reported
ROMAN "22B" — oil, Pioneer Natural Res. USA, Inc., Martin County, 294 thousand reported
BRUNSON RANCH 47B — oil, Pioneer Natural Res. USA, Inc., Glasscock County, 294 thousand reported
UNIVERSITY E2-30J — oil, Pioneer Natural Res. USA, Inc., Reagan County, 294 thousand reported
MABEE-STIMSON 22B — oil, Pioneer Natural Res. USA, Inc., Midland County, 293 thousand reported
PRESTON W13H — oil, Pioneer Natural Res. USA, Inc., Midland County, 293 thousand reported
SALE RANCH "T" — oil, Pioneer Natural Res. USA, Inc., Martin County, 293 thousand reported
OWENS-TAYLOR 31B — oil, Pioneer Natural Res. USA, Inc., Upton County, 293 thousand reported
UNIVERSITY "10-10" — oil, Pioneer Natural Res. USA, Inc., Reagan County, 292 thousand reported
BRUNER-WEBB 16H — oil, Pioneer Natural Res. USA, Inc., Martin County, 292 thousand reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.