CUNNINGHAM 37C
CUNNINGHAM 37C 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 September 2018 to August 2026, totalling 382,653 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 $3.8M, with roughly $1.1M 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 1,027 barrels a month. Its strongest month on the record we hold was April 2019, at 32,780 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 CUNNINGHAM 37C
- Who operates CUNNINGHAM 37C?
- CUNNINGHAM 37C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is CUNNINGHAM 37C?
- CUNNINGHAM 37C is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51790.
- Is CUNNINGHAM 37C still producing?
- CUNNINGHAM 37C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUNNINGHAM 37C is August 2026.
- How much has CUNNINGHAM 37C produced?
- CUNNINGHAM 37C has reported 382,653 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is CUNNINGHAM 37C worth?
- The remaining production from CUNNINGHAM 37C is estimated to be worth about $3.8M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUNNINGHAM 37C is a fraction of it. The estimate fits an Arps decline curve to the production CUNNINGHAM 37C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUNNINGHAM 37C is an estimate of value, not an offer and not an appraisal.
- How much income does CUNNINGHAM 37C generate in a year?
- CUNNINGHAM 37C is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CUNNINGHAM 37C 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 | 51790 |
| Wellbores | 1 |
| Reported production | 382,653 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where CUNNINGHAM 37C 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.