BUCHANAN W17C
BUCHANAN W17C 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 261,692 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 $2.0M, with roughly $1.7M 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 8,245 barrels a month. Its strongest month on the record we hold was November 2024, at 32,173 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 BUCHANAN W17C
- Who operates BUCHANAN W17C?
- BUCHANAN W17C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is BUCHANAN W17C?
- BUCHANAN W17C is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62144.
- Is BUCHANAN W17C still producing?
- BUCHANAN W17C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCHANAN W17C is August 2026.
- How much has BUCHANAN W17C produced?
- BUCHANAN W17C has reported 261,692 barrels of oil (bbl) to the Railroad Commission of Texas between October 2024 and August 2026, from 1 wellbore.
- How much is BUCHANAN W17C worth?
- The remaining production from BUCHANAN W17C is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCHANAN W17C is a fraction of it. The estimate fits an Arps decline curve to the production BUCHANAN W17C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCHANAN W17C is an estimate of value, not an offer and not an appraisal.
- How much income does BUCHANAN W17C generate in a year?
- BUCHANAN W17C is forecast to net about $1.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUCHANAN W17C 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 | 62144 |
| Wellbores | 1 |
| Reported production | 261,692 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where BUCHANAN W17C 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.