BUCHANAN W17A
BUCHANAN W17A 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 October 2024 to August 2026, totalling 432,030 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 $10.7M, with roughly $4.6M 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 12,138 barrels a month. Its strongest month on the record we hold was November 2024, at 56,493 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BUCHANAN W17A
- Who operates BUCHANAN W17A?
- BUCHANAN W17A is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is BUCHANAN W17A?
- BUCHANAN W17A is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62155.
- Is BUCHANAN W17A still producing?
- BUCHANAN W17A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCHANAN W17A is August 2026.
- How much has BUCHANAN W17A produced?
- BUCHANAN W17A has reported 432,030 barrels of oil (bbl) to the Railroad Commission of Texas between October 2024 and August 2026, from 1 wellbore.
- How much is BUCHANAN W17A worth?
- The remaining production from BUCHANAN W17A is estimated to be worth about $10.7M in total as of 26 August 2026, within a range of $8.7M to $12.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCHANAN W17A is a fraction of it. The estimate fits an Arps decline curve to the production BUCHANAN W17A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCHANAN W17A is an estimate of value, not an offer and not an appraisal.
- How much income does BUCHANAN W17A generate in a year?
- BUCHANAN W17A is forecast to net about $4.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUCHANAN W17A 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 | 62155 |
| Wellbores | 1 |
| Reported production | 432,030 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.7M |
Where BUCHANAN W17A 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.