STRAIN RANCH 13B-24B-D
STRAIN RANCH 13B-24B-D is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 704,929 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 $10.1M, 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 3,404 barrels a month, about 1,702 per wellbore. Its strongest month on the record we hold was September 2021, at 42,987 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 STRAIN RANCH 13B-24B-D
- Who operates STRAIN RANCH 13B-24B-D?
- STRAIN RANCH 13B-24B-D is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is STRAIN RANCH 13B-24B-D?
- STRAIN RANCH 13B-24B-D is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56131.
- Is STRAIN RANCH 13B-24B-D still producing?
- STRAIN RANCH 13B-24B-D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRAIN RANCH 13B-24B-D is August 2026.
- How much has STRAIN RANCH 13B-24B-D produced?
- STRAIN RANCH 13B-24B-D has reported 704,929 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 2 wellbores.
- How much is STRAIN RANCH 13B-24B-D worth?
- The remaining production from STRAIN RANCH 13B-24B-D is estimated to be worth about $10.1M in total as of 26 August 2026, within a range of $8.4M to $11.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRAIN RANCH 13B-24B-D is a fraction of it. The estimate fits an Arps decline curve to the production STRAIN RANCH 13B-24B-D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRAIN RANCH 13B-24B-D is an estimate of value, not an offer and not an appraisal.
- How much income does STRAIN RANCH 13B-24B-D generate in a year?
- STRAIN RANCH 13B-24B-D 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 STRAIN RANCH 13B-24B-D 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 | 56131 |
| Wellbores | 2 |
| Reported production | 704,929 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.1M |
Where STRAIN RANCH 13B-24B-D 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.