CRAWFORD-TANK FARM NW7R

CRAWFORD-TANK FARM NW7R is a Texas oil lease in Midland 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 April 2019 to August 2026, totalling 322,915 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 $2.0M, with roughly $647K 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 475 barrels a month. Its strongest month on the record we hold was January 2020, at 29,451 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 CRAWFORD-TANK FARM NW7R

Who operates CRAWFORD-TANK FARM NW7R?: CRAWFORD-TANK FARM NW7R is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is CRAWFORD-TANK FARM NW7R?: CRAWFORD-TANK FARM NW7R is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52858.
Is CRAWFORD-TANK FARM NW7R still producing?: CRAWFORD-TANK FARM NW7R is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAWFORD-TANK FARM NW7R is August 2026.
How much has CRAWFORD-TANK FARM NW7R produced?: CRAWFORD-TANK FARM NW7R has reported 322,915 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
How much is CRAWFORD-TANK FARM NW7R worth?: The remaining production from CRAWFORD-TANK FARM NW7R is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.6M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAWFORD-TANK FARM NW7R is a fraction of it. The estimate fits an Arps decline curve to the production CRAWFORD-TANK FARM NW7R has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAWFORD-TANK FARM NW7R is an estimate of value, not an offer and not an appraisal.
How much income does CRAWFORD-TANK FARM NW7R generate in a year?: CRAWFORD-TANK FARM NW7R is forecast to net about $647K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAWFORD-TANK FARM NW7R receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CRAWFORD-TANK FARM NW7R as filed with the Railroad Commission of Texas
Operator	Pioneer Natural Res. USA, Inc.
Field	Spraberry (Trend Area)
County	Midland County, Texas
RRC district	08
Lease number	52858
Wellbores	1
Reported production	322,915 bbl
First reported	April 2019
Last reported	August 2026
Estimated royalty value	$2.0M

Where CRAWFORD-TANK FARM NW7R sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.