TREDAWAY-ELKIN 21P
TREDAWAY-ELKIN 21P 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 May 2025 to August 2026, totalling 202,089 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.4M, with roughly $341K expected over the next twelve months.
| Operator | Pioneer Natural Res. Usa, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63403 |
| Wellbores | 1 |
| Reported production | 202,089 bbl |
| First reported | May 2025 |
| Last reported | August 2026 |
| Estimated royalty value | $1.4M |
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.