ONEAL-DAVIS 15C
ONEAL-DAVIS 15C is a Texas oil lease in Midland 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 December 2024 to August 2026, totalling 409,105 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 $8.4M, with roughly $7.2M 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 32,772 barrels a month, about 16,386 per wellbore. Its strongest month on the record we hold was July 2025, at 59,549 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 ONEAL-DAVIS 15C
- Who operates ONEAL-DAVIS 15C?
- ONEAL-DAVIS 15C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is ONEAL-DAVIS 15C?
- ONEAL-DAVIS 15C is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63227.
- Is ONEAL-DAVIS 15C still producing?
- ONEAL-DAVIS 15C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ONEAL-DAVIS 15C is August 2026.
- How much has ONEAL-DAVIS 15C produced?
- ONEAL-DAVIS 15C has reported 409,105 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 2 wellbores.
- How much is ONEAL-DAVIS 15C worth?
- The remaining production from ONEAL-DAVIS 15C is estimated to be worth about $8.4M in total as of 26 August 2026, within a range of $6.9M to $9.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ONEAL-DAVIS 15C is a fraction of it. The estimate fits an Arps decline curve to the production ONEAL-DAVIS 15C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ONEAL-DAVIS 15C is an estimate of value, not an offer and not an appraisal.
- How much income does ONEAL-DAVIS 15C generate in a year?
- ONEAL-DAVIS 15C is forecast to net about $7.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ONEAL-DAVIS 15C 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 | 63227 |
| Wellbores | 2 |
| Reported production | 409,105 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.4M |
Where ONEAL-DAVIS 15C 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.