TURNER W43
TURNER W43 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 November 2019 to August 2026, totalling 2,321,351 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 $4.0M, with roughly $2.5M 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 4,462 barrels a month, about 744 per wellbore. Its strongest month on the record we hold was January 2021, at 201,480 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 TURNER W43
- Who operates TURNER W43?
- TURNER W43 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TURNER W43?
- TURNER W43 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53773.
- Is TURNER W43 still producing?
- TURNER W43 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURNER W43 is August 2026.
- How much has TURNER W43 produced?
- TURNER W43 has reported 2,321,351 barrels of oil (bbl) to the Railroad Commission of Texas between November 2019 and August 2026, from 6 wellbores.
- How much is TURNER W43 worth?
- The remaining production from TURNER W43 is estimated to be worth about $4.0M in total as of 26 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNER W43 is a fraction of it. The estimate fits an Arps decline curve to the production TURNER W43 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNER W43 is an estimate of value, not an offer and not an appraisal.
- How much income does TURNER W43 generate in a year?
- TURNER W43 is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TURNER W43 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 | 53773 |
| Wellbores | 6 |
| Reported production | 2,321,351 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where TURNER W43 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.