CRAWFORD 27C
CRAWFORD 27C 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 July 2023 to August 2026, totalling 310,192 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 $1.6M, 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 4,045 barrels a month. Its strongest month on the record we hold was January 2024, at 40,646 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 CRAWFORD 27C
- Who operates CRAWFORD 27C?
- CRAWFORD 27C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is CRAWFORD 27C?
- CRAWFORD 27C is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60216.
- Is CRAWFORD 27C still producing?
- CRAWFORD 27C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAWFORD 27C is August 2026.
- How much has CRAWFORD 27C produced?
- CRAWFORD 27C has reported 310,192 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is CRAWFORD 27C worth?
- The remaining production from CRAWFORD 27C is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAWFORD 27C is a fraction of it. The estimate fits an Arps decline curve to the production CRAWFORD 27C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAWFORD 27C is an estimate of value, not an offer and not an appraisal.
- How much income does CRAWFORD 27C generate in a year?
- CRAWFORD 27C 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 CRAWFORD 27C 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 | 60216 |
| Wellbores | 1 |
| Reported production | 310,192 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where CRAWFORD 27C 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.