DAVIS-LEONARD 44A

DAVIS-LEONARD 44A 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 December 2024 to August 2026, totalling 197,281 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 $9.1M, with roughly $3.8M 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 15,695 barrels a month. Its strongest month on the record we hold was May 2025, at 41,715 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 44A

Who operates DAVIS-LEONARD 44A?
DAVIS-LEONARD 44A is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is DAVIS-LEONARD 44A?
DAVIS-LEONARD 44A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62466.
Is DAVIS-LEONARD 44A still producing?
DAVIS-LEONARD 44A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIS-LEONARD 44A is August 2026.
How much has DAVIS-LEONARD 44A produced?
DAVIS-LEONARD 44A has reported 197,281 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 1 wellbore.
How much is DAVIS-LEONARD 44A worth?
The remaining production from DAVIS-LEONARD 44A is estimated to be worth about $9.1M in total as of 27 August 2026, within a range of $7.4M to $10.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS-LEONARD 44A is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS-LEONARD 44A 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 44A is an estimate of value, not an offer and not an appraisal.
How much income does DAVIS-LEONARD 44A generate in a year?
DAVIS-LEONARD 44A is forecast to net about $3.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVIS-LEONARD 44A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DAVIS-LEONARD 44A as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number62466
Wellbores1
Reported production197,281 bbl
First reported
Last reported
Estimated royalty value$9.1M

Where DAVIS-LEONARD 44A 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.