SALE RANCH 17K
SALE RANCH 17K 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 July 2017 to August 2026, totalling 495,039 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 $2.5M, with roughly $915K 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 1,256 barrels a month. Its strongest month on the record we hold was July 2017, at 17,877 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 SALE RANCH 17K
- Who operates SALE RANCH 17K?
- SALE RANCH 17K is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SALE RANCH 17K?
- SALE RANCH 17K is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49084.
- Is SALE RANCH 17K still producing?
- SALE RANCH 17K is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALE RANCH 17K is August 2026.
- How much has SALE RANCH 17K produced?
- SALE RANCH 17K has reported 495,039 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 1 wellbore.
- How much is SALE RANCH 17K worth?
- The remaining production from SALE RANCH 17K is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALE RANCH 17K is a fraction of it. The estimate fits an Arps decline curve to the production SALE RANCH 17K has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SALE RANCH 17K is an estimate of value, not an offer and not an appraisal.
- How much income does SALE RANCH 17K generate in a year?
- SALE RANCH 17K is forecast to net about $915K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SALE RANCH 17K 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 | 49084 |
| Wellbores | 1 |
| Reported production | 495,039 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where SALE RANCH 17K 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.