DICKENSON 7B

DICKENSON 7B is a Texas oil lease in Martin 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 September 2016 to August 2026, totalling 306,170 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 $2.9M, with roughly $590K 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 662 barrels a month. Its strongest month on the record we hold was March 2017, at 22,475 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 DICKENSON 7B

Who operates DICKENSON 7B?
DICKENSON 7B is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is DICKENSON 7B?
DICKENSON 7B is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48438.
Is DICKENSON 7B still producing?
DICKENSON 7B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DICKENSON 7B is August 2026.
How much has DICKENSON 7B produced?
DICKENSON 7B has reported 306,170 barrels of oil (bbl) to the Railroad Commission of Texas between September 2016 and August 2026, from 1 wellbore.
How much is DICKENSON 7B worth?
The remaining production from DICKENSON 7B is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.3M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DICKENSON 7B is a fraction of it. The estimate fits an Arps decline curve to the production DICKENSON 7B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DICKENSON 7B is an estimate of value, not an offer and not an appraisal.
How much income does DICKENSON 7B generate in a year?
DICKENSON 7B is forecast to net about $590K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DICKENSON 7B receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DICKENSON 7B as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number48438
Wellbores1
Reported production306,170 bbl
First reported
Last reported
Estimated royalty value$2.9M

Where DICKENSON 7B 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.