RAY REED 33C
RAY REED 33C 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 June 2020 to August 2026, totalling 549,004 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 $101K, with roughly $44K expected over the next twelve months.
| Operator | Pioneer Natural Res. Usa, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21161 |
| Wellbores | 1 |
| Reported production | 549,004 bbl |
| First reported | June 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $101K |
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.