WASHBURN RANCH 03
WASHBURN RANCH 03 is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 212,868 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 $266K, with roughly $234K 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 1,389 barrels a month, about 695 per wellbore. Its strongest month on the record we hold was October 2024, at 16,105 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 WASHBURN RANCH 03
- Who operates WASHBURN RANCH 03?
- WASHBURN RANCH 03 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is WASHBURN RANCH 03?
- WASHBURN RANCH 03 is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16067.
- Is WASHBURN RANCH 03 still producing?
- WASHBURN RANCH 03 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WASHBURN RANCH 03 is August 2026.
- How much has WASHBURN RANCH 03 produced?
- WASHBURN RANCH 03 has reported 212,868 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 2 wellbores.
- How much is WASHBURN RANCH 03 worth?
- The remaining production from WASHBURN RANCH 03 is estimated to be worth about $266K in total as of 27 August 2026, within a range of $220K to $311K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WASHBURN RANCH 03 is a fraction of it. The estimate fits an Arps decline curve to the production WASHBURN RANCH 03 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WASHBURN RANCH 03 is an estimate of value, not an offer and not an appraisal.
- How much income does WASHBURN RANCH 03 generate in a year?
- WASHBURN RANCH 03 is forecast to net about $234K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WASHBURN RANCH 03 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 16067 |
| Wellbores | 2 |
| Reported production | 212,868 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $266K |
Where WASHBURN RANCH 03 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.