CRAWFORD 27M
CRAWFORD 27M 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 March 2023 to August 2026, totalling 220,070 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 $2.1M, with roughly $985K 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 2,721 barrels a month. Its strongest month on the record we hold was January 2024, at 32,547 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 CRAWFORD 27M
- Who operates CRAWFORD 27M?
- CRAWFORD 27M is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is CRAWFORD 27M?
- CRAWFORD 27M is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59640.
- Is CRAWFORD 27M still producing?
- CRAWFORD 27M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAWFORD 27M is August 2026.
- How much has CRAWFORD 27M produced?
- CRAWFORD 27M has reported 220,070 barrels of oil (bbl) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
- How much is CRAWFORD 27M worth?
- The remaining production from CRAWFORD 27M is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAWFORD 27M is a fraction of it. The estimate fits an Arps decline curve to the production CRAWFORD 27M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAWFORD 27M is an estimate of value, not an offer and not an appraisal.
- How much income does CRAWFORD 27M generate in a year?
- CRAWFORD 27M is forecast to net about $985K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CRAWFORD 27M 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 | 59640 |
| Wellbores | 1 |
| Reported production | 220,070 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where CRAWFORD 27M 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.