OWENS-CRAVENS E31A

OWENS-CRAVENS E31A 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 February 2023 to August 2026, totalling 580,475 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 $83K, with roughly $58K expected over the next twelve months.

OperatorPioneer Natural Res. Usa, Inc.
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number22007
Wellbores1
Reported production580,475 bbl
First reportedFebruary 2023
Last reportedAugust 2026
Estimated royalty value$83K

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.