LOCKLAR-WILSON UNIT
LOCKLAR-WILSON UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 6 wellbores on file with the Commission. Reported production runs from February 2018 to August 2026, totalling 2,241,419 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 $8.4M, with roughly $3.5M 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 5,031 barrels a month, about 838 per wellbore. Its strongest month on the record we hold was March 2018, at 88,068 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LOCKLAR-WILSON UNIT
- Who operates LOCKLAR-WILSON UNIT?
- LOCKLAR-WILSON UNIT is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is LOCKLAR-WILSON UNIT?
- LOCKLAR-WILSON UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50305.
- Is LOCKLAR-WILSON UNIT still producing?
- LOCKLAR-WILSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKLAR-WILSON UNIT is August 2026.
- How much has LOCKLAR-WILSON UNIT produced?
- LOCKLAR-WILSON UNIT has reported 2,241,419 barrels of oil (bbl) to the Railroad Commission of Texas between February 2018 and August 2026, from 6 wellbores.
- How much is LOCKLAR-WILSON UNIT worth?
- The remaining production from LOCKLAR-WILSON UNIT is estimated to be worth about $8.4M in total as of 27 August 2026, within a range of $7.0M to $9.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKLAR-WILSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOCKLAR-WILSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKLAR-WILSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKLAR-WILSON UNIT generate in a year?
- LOCKLAR-WILSON UNIT is forecast to net about $3.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOCKLAR-WILSON UNIT 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 50305 |
| Wellbores | 6 |
| Reported production | 2,241,419 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.4M |
Where LOCKLAR-WILSON UNIT 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.