SALE RANCH 22J
SALE RANCH 22J is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 440,291 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 $880K, with roughly $434K 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 770 barrels a month. Its strongest month on the record we hold was August 2017, at 22,777 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 SALE RANCH 22J
- Who operates SALE RANCH 22J?
- SALE RANCH 22J is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SALE RANCH 22J?
- SALE RANCH 22J is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49073.
- Is SALE RANCH 22J still producing?
- SALE RANCH 22J is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALE RANCH 22J is August 2026.
- How much has SALE RANCH 22J produced?
- SALE RANCH 22J has reported 440,291 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 1 wellbore.
- How much is SALE RANCH 22J worth?
- The remaining production from SALE RANCH 22J is estimated to be worth about $880K in total as of 26 August 2026, within a range of $686K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALE RANCH 22J is a fraction of it. The estimate fits an Arps decline curve to the production SALE RANCH 22J has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SALE RANCH 22J is an estimate of value, not an offer and not an appraisal.
- How much income does SALE RANCH 22J generate in a year?
- SALE RANCH 22J is forecast to net about $434K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SALE RANCH 22J 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 49073 |
| Wellbores | 1 |
| Reported production | 440,291 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $880K |
Where SALE RANCH 22J 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.