CREE SYKES UNIT
CREE SYKES UNIT is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Pioneer Exploration Company. It has 69 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 869,414 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $408 expected over the next twelve months.
| Operator | Pioneer Exploration Company |
|---|---|
| Field | Cree-Sykes (Gardner, Upper) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 00365 |
| Wellbores | 69 |
| Reported production | 869,414 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.