SALE RANCH W20I
SALE RANCH W20I 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 August 2020 to August 2026, totalling 596,771 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 $6.4M, with roughly $1.8M 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 2,346 barrels a month. Its strongest month on the record we hold was December 2020, at 33,444 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 SALE RANCH W20I
- Who operates SALE RANCH W20I?
- SALE RANCH W20I is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SALE RANCH W20I?
- SALE RANCH W20I is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54438.
- Is SALE RANCH W20I still producing?
- SALE RANCH W20I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALE RANCH W20I is August 2026.
- How much has SALE RANCH W20I produced?
- SALE RANCH W20I has reported 596,771 barrels of oil (bbl) to the Railroad Commission of Texas between August 2020 and August 2026, from 1 wellbore.
- How much is SALE RANCH W20I worth?
- The remaining production from SALE RANCH W20I is estimated to be worth about $6.4M in total as of 27 August 2026, within a range of $5.3M to $7.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALE RANCH W20I is a fraction of it. The estimate fits an Arps decline curve to the production SALE RANCH W20I 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 W20I is an estimate of value, not an offer and not an appraisal.
- How much income does SALE RANCH W20I generate in a year?
- SALE RANCH W20I is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SALE RANCH W20I 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 | 54438 |
| Wellbores | 1 |
| Reported production | 596,771 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.4M |
Where SALE RANCH W20I 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.