BABB 25R
BABB 25R is a Texas oil lease in Midland 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 2025 to August 2026, totalling 84,434 barrels. The lease is intermittent. 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 $6.1M, with roughly $5.4M 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 7,158 barrels a month. Its strongest month on the record we hold was February 2026, at 20,781 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 BABB 25R
- Who operates BABB 25R?
- BABB 25R is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is BABB 25R?
- BABB 25R is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63635.
- Is BABB 25R still producing?
- BABB 25R is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BABB 25R is August 2026.
- How much has BABB 25R produced?
- BABB 25R has reported 84,434 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is BABB 25R worth?
- The remaining production from BABB 25R is estimated to be worth about $6.1M in total as of 26 August 2026, within a range of $5.1M to $7.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BABB 25R is a fraction of it. The estimate fits an Arps decline curve to the production BABB 25R has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BABB 25R is an estimate of value, not an offer and not an appraisal.
- How much income does BABB 25R generate in a year?
- BABB 25R is forecast to net about $5.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BABB 25R 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63635 |
| Wellbores | 1 |
| Reported production | 84,434 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.1M |
Where BABB 25R 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.