BALDWIN '7'
BALDWIN '7' is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 41,995 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 $248K, with roughly $48K 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 82 barrels a month, about 41 per wellbore. Its strongest month on the record we hold was April 2023, at 371 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BALDWIN '7'
- Who operates BALDWIN '7'?
- BALDWIN '7' is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is BALDWIN '7'?
- BALDWIN '7' is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42929.
- Is BALDWIN '7' still producing?
- BALDWIN '7' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALDWIN '7' is August 2026.
- How much has BALDWIN '7' produced?
- BALDWIN '7' has reported 41,995 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 2 wellbores.
- How much is BALDWIN '7' worth?
- The remaining production from BALDWIN '7' is estimated to be worth about $248K in total as of 26 August 2026, within a range of $136K to $359K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALDWIN '7' is a fraction of it. The estimate fits an Arps decline curve to the production BALDWIN '7' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALDWIN '7' is an estimate of value, not an offer and not an appraisal.
- How much income does BALDWIN '7' generate in a year?
- BALDWIN '7' is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALDWIN '7' 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 42929 |
| Wellbores | 2 |
| Reported production | 41,995 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $248K |
Where BALDWIN '7' 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.