PIGG-CRESPI 33O
PIGG-CRESPI 33O 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 December 2025 to August 2026, totalling 57,603 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 $27.1M, with roughly $5.1M 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 6,478 barrels a month. Its strongest month on the record we hold was April 2026, at 28,744 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 PIGG-CRESPI 33O
- Who operates PIGG-CRESPI 33O?
- PIGG-CRESPI 33O is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is PIGG-CRESPI 33O?
- PIGG-CRESPI 33O is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64874.
- Is PIGG-CRESPI 33O still producing?
- PIGG-CRESPI 33O is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PIGG-CRESPI 33O is August 2026.
- How much has PIGG-CRESPI 33O produced?
- PIGG-CRESPI 33O has reported 57,603 barrels of oil (bbl) to the Railroad Commission of Texas between December 2025 and August 2026, from 1 wellbore.
- How much is PIGG-CRESPI 33O worth?
- The remaining production from PIGG-CRESPI 33O is estimated to be worth about $27.1M in total as of 26 August 2026, within a range of $22.5M to $31.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIGG-CRESPI 33O is a fraction of it. The estimate fits an Arps decline curve to the production PIGG-CRESPI 33O has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIGG-CRESPI 33O is an estimate of value, not an offer and not an appraisal.
- How much income does PIGG-CRESPI 33O generate in a year?
- PIGG-CRESPI 33O is forecast to net about $5.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIGG-CRESPI 33O 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 | 64874 |
| Wellbores | 1 |
| Reported production | 57,603 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $27.1M |
Where PIGG-CRESPI 33O 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.