XBC "138"
XBC "138" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 31,408 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $653, with roughly $126 expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 0 barrels a month. Its strongest month on the record we hold was December 2016, at 528 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about XBC "138"
- Who operates XBC "138"?
- XBC "138" is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is XBC "138"?
- XBC "138" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16418.
- Is XBC "138" still producing?
- XBC "138" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for XBC "138" is August 2026.
- How much has XBC "138" produced?
- XBC "138" has reported 31,408 barrels of oil (bbl) to the Railroad Commission of Texas between September 2007 and August 2026, from 1 wellbore.
- How much is XBC "138" worth?
- The remaining production from XBC "138" is estimated to be worth about $653 in total as of 26 August 2026, within a range of $0 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in XBC "138" is a fraction of it. The estimate fits an Arps decline curve to the production XBC "138" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for XBC "138" is an estimate of value, not an offer and not an appraisal.
- How much income does XBC "138" generate in a year?
- XBC "138" is forecast to net about $126 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in XBC "138" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16418 |
| Wellbores | 1 |
| Reported production | 31,408 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $653 |
Where XBC "138" sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.