WATKINS-BURKITT 1204E

WATKINS-BURKITT 1204E is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Pioneer Natural Res. Usa, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 474,728 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 $119K, with roughly $26K expected over the next twelve months.

OperatorPioneer Natural Res. Usa, Inc.
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number20228
Wellbores2
Reported production474,728 bbl
First reportedMarch 2019
Last reportedAugust 2026
Estimated royalty value$119K

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.