LOUDER "33"

LOUDER "33" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 12 wellbores on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 665,098 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 $360K, with roughly $231K 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 620 barrels a month, about 52 per wellbore. Its strongest month on the record we hold was December 2017, at 5,885 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 LOUDER "33"

Who operates LOUDER "33"?
LOUDER "33" is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is LOUDER "33"?
LOUDER "33" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38465.
Is LOUDER "33" still producing?
LOUDER "33" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOUDER "33" is August 2026.
How much has LOUDER "33" produced?
LOUDER "33" has reported 665,098 barrels of oil (bbl) to the Railroad Commission of Texas between August 2007 and August 2026, from 12 wellbores.
How much is LOUDER "33" worth?
The remaining production from LOUDER "33" is estimated to be worth about $360K in total as of 26 August 2026, within a range of $281K to $440K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOUDER "33" is a fraction of it. The estimate fits an Arps decline curve to the production LOUDER "33" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOUDER "33" is an estimate of value, not an offer and not an appraisal.
How much income does LOUDER "33" generate in a year?
LOUDER "33" is forecast to net about $231K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOUDER "33" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LOUDER "33" as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number38465
Wellbores12
Reported production665,098 bbl
First reported
Last reported
Estimated royalty value$360K

Where LOUDER "33" 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.