BUSH NORTH 24
BUSH NORTH 24 is a Texas oil lease in Reagan 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 January 2021 to August 2026, totalling 48,018 barrels. The lease is currently producing. 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 $808K, with roughly $147K 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 170 barrels a month. Its strongest month on the record we hold was March 2021, at 4,535 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BUSH NORTH 24
- Who operates BUSH NORTH 24?
- BUSH NORTH 24 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is BUSH NORTH 24?
- BUSH NORTH 24 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21223.
- Is BUSH NORTH 24 still producing?
- BUSH NORTH 24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSH NORTH 24 is August 2026.
- How much has BUSH NORTH 24 produced?
- BUSH NORTH 24 has reported 48,018 barrels of oil (bbl) to the Railroad Commission of Texas between January 2021 and August 2026, from 1 wellbore.
- How much is BUSH NORTH 24 worth?
- The remaining production from BUSH NORTH 24 is estimated to be worth about $808K in total as of 26 August 2026, within a range of $630K to $986K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSH NORTH 24 is a fraction of it. The estimate fits an Arps decline curve to the production BUSH NORTH 24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSH NORTH 24 is an estimate of value, not an offer and not an appraisal.
- How much income does BUSH NORTH 24 generate in a year?
- BUSH NORTH 24 is forecast to net about $147K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUSH NORTH 24 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 | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21223 |
| Wellbores | 1 |
| Reported production | 48,018 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $808K |
Where BUSH NORTH 24 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.