TURNER W41E
TURNER W41E 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 November 2022 to August 2026, totalling 306,220 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 $925K, with roughly $858K 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 2,861 barrels a month. Its strongest month on the record we hold was July 2023, at 27,007 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 W41E
- Who operates TURNER W41E?
- TURNER W41E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TURNER W41E?
- TURNER W41E is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59024.
- Is TURNER W41E still producing?
- TURNER W41E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURNER W41E is August 2026.
- How much has TURNER W41E produced?
- TURNER W41E has reported 306,220 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is TURNER W41E worth?
- The remaining production from TURNER W41E is estimated to be worth about $925K in total as of 27 August 2026, within a range of $768K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNER W41E is a fraction of it. The estimate fits an Arps decline curve to the production TURNER W41E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNER W41E is an estimate of value, not an offer and not an appraisal.
- How much income does TURNER W41E generate in a year?
- TURNER W41E is forecast to net about $858K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TURNER W41E 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 | 59024 |
| Wellbores | 1 |
| Reported production | 306,220 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $925K |
Where TURNER W41E 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.