MCDANIEL 34
MCDANIEL 34 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 100,525 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 $782K, with roughly $148K 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 268 barrels a month, about 67 per wellbore. Its strongest month on the record we hold was January 2026, at 780 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 MCDANIEL 34
- Who operates MCDANIEL 34?
- MCDANIEL 34 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MCDANIEL 34?
- MCDANIEL 34 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39196.
- Is MCDANIEL 34 still producing?
- MCDANIEL 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDANIEL 34 is August 2026.
- How much has MCDANIEL 34 produced?
- MCDANIEL 34 has reported 100,525 barrels of oil (bbl) to the Railroad Commission of Texas between October 2008 and August 2026, from 4 wellbores.
- How much is MCDANIEL 34 worth?
- The remaining production from MCDANIEL 34 is estimated to be worth about $782K in total as of 27 August 2026, within a range of $610K to $954K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDANIEL 34 is a fraction of it. The estimate fits an Arps decline curve to the production MCDANIEL 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDANIEL 34 is an estimate of value, not an offer and not an appraisal.
- How much income does MCDANIEL 34 generate in a year?
- MCDANIEL 34 is forecast to net about $148K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCDANIEL 34 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 | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 39196 |
| Wellbores | 4 |
| Reported production | 100,525 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $782K |
Where MCDANIEL 34 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.