CASS-COUNTISS 20L

CASS-COUNTISS 20L 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 June 2023 to August 2026, totalling 159,288 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 $488K, with roughly $484K 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 2,013 barrels a month. Its strongest month on the record we hold was February 2024, at 18,184 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 CASS-COUNTISS 20L

Who operates CASS-COUNTISS 20L?
CASS-COUNTISS 20L is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is CASS-COUNTISS 20L?
CASS-COUNTISS 20L is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60148.
Is CASS-COUNTISS 20L still producing?
CASS-COUNTISS 20L is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASS-COUNTISS 20L is August 2026.
How much has CASS-COUNTISS 20L produced?
CASS-COUNTISS 20L has reported 159,288 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
How much is CASS-COUNTISS 20L worth?
The remaining production from CASS-COUNTISS 20L is estimated to be worth about $488K in total as of 26 August 2026, within a range of $405K to $571K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASS-COUNTISS 20L is a fraction of it. The estimate fits an Arps decline curve to the production CASS-COUNTISS 20L has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASS-COUNTISS 20L is an estimate of value, not an offer and not an appraisal.
How much income does CASS-COUNTISS 20L generate in a year?
CASS-COUNTISS 20L is forecast to net about $484K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASS-COUNTISS 20L receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CASS-COUNTISS 20L as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number60148
Wellbores1
Reported production159,288 bbl
First reported
Last reported
Estimated royalty value$488K

Where CASS-COUNTISS 20L 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.