NORTH PIONEER UNIT
NORTH PIONEER UNIT is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Citation Oil & Gas Corp. It has 129 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,255,451 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 $790K, with roughly $331K 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 608 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was September 2017, at 2,387 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 NORTH PIONEER UNIT
- Who operates NORTH PIONEER UNIT?
- NORTH PIONEER UNIT is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
- Where is NORTH PIONEER UNIT?
- NORTH PIONEER UNIT is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 18207.
- Is NORTH PIONEER UNIT still producing?
- NORTH PIONEER UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NORTH PIONEER UNIT is August 2026.
- How much has NORTH PIONEER UNIT produced?
- NORTH PIONEER UNIT has reported 1,255,451 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 129 wellbores.
- How much is NORTH PIONEER UNIT worth?
- The remaining production from NORTH PIONEER UNIT is estimated to be worth about $790K in total as of 27 August 2026, within a range of $616K to $964K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH PIONEER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH PIONEER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH PIONEER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH PIONEER UNIT generate in a year?
- NORTH PIONEER UNIT is forecast to net about $331K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH PIONEER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Citation Oil & Gas Corp. |
|---|---|
| Field | Eastland County Regular |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 18207 |
| Wellbores | 129 |
| Reported production | 1,255,451 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $790K |
Where NORTH PIONEER UNIT 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.