RAY REED 33D

RAY REED 33D 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 August 2020 to August 2026, totalling 318,697 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 $123K, with roughly $30K expected over the next twelve months.

OperatorPioneer Natural Res. Usa, Inc.
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number21208
Wellbores1
Reported production318,697 bbl
First reportedAugust 2020
Last reportedAugust 2026
Estimated royalty value$123K

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.