DAVIS-LEONARD 44C
DAVIS-LEONARD 44C 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 November 2024 to August 2026, totalling 240,537 barrels. The lease is intermittent. 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 $7.6M, with roughly $4.3M 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 19,366 barrels a month. Its strongest month on the record we hold was May 2025, at 42,245 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 DAVIS-LEONARD 44C
- Who operates DAVIS-LEONARD 44C?
- DAVIS-LEONARD 44C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is DAVIS-LEONARD 44C?
- DAVIS-LEONARD 44C is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62381.
- Is DAVIS-LEONARD 44C still producing?
- DAVIS-LEONARD 44C is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DAVIS-LEONARD 44C is August 2026.
- How much has DAVIS-LEONARD 44C produced?
- DAVIS-LEONARD 44C has reported 240,537 barrels of oil (bbl) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
- How much is DAVIS-LEONARD 44C worth?
- The remaining production from DAVIS-LEONARD 44C is estimated to be worth about $7.6M in total as of 26 August 2026, within a range of $6.3M to $9.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS-LEONARD 44C is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS-LEONARD 44C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS-LEONARD 44C is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS-LEONARD 44C generate in a year?
- DAVIS-LEONARD 44C is forecast to net about $4.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS-LEONARD 44C 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 | 62381 |
| Wellbores | 1 |
| Reported production | 240,537 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.6M |
Where DAVIS-LEONARD 44C 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.