TURNER EC43I
TURNER EC43I 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 January 2020 to August 2026, totalling 720,158 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 $1.9M, with roughly $1.2M 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 2,620 barrels a month. Its strongest month on the record we hold was January 2021, at 44,507 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 EC43I
- Who operates TURNER EC43I?
- TURNER EC43I is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TURNER EC43I?
- TURNER EC43I is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54112.
- Is TURNER EC43I still producing?
- TURNER EC43I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURNER EC43I is August 2026.
- How much has TURNER EC43I produced?
- TURNER EC43I has reported 720,158 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is TURNER EC43I worth?
- The remaining production from TURNER EC43I is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNER EC43I is a fraction of it. The estimate fits an Arps decline curve to the production TURNER EC43I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNER EC43I is an estimate of value, not an offer and not an appraisal.
- How much income does TURNER EC43I generate in a year?
- TURNER EC43I is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TURNER EC43I 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) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 54112 |
| Wellbores | 1 |
| Reported production | 720,158 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where TURNER EC43I 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.