OLDHAM-GRAHAM 35B
OLDHAM-GRAHAM 35B 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 January 2021 to August 2026, totalling 182,358 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 $2.7M, with roughly $700K 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 767 barrels a month. Its strongest month on the record we hold was August 2021, at 17,306 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 OLDHAM-GRAHAM 35B
- Who operates OLDHAM-GRAHAM 35B?
- OLDHAM-GRAHAM 35B is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is OLDHAM-GRAHAM 35B?
- OLDHAM-GRAHAM 35B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55697.
- Is OLDHAM-GRAHAM 35B still producing?
- OLDHAM-GRAHAM 35B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLDHAM-GRAHAM 35B is August 2026.
- How much has OLDHAM-GRAHAM 35B produced?
- OLDHAM-GRAHAM 35B has reported 182,358 barrels of oil (bbl) to the Railroad Commission of Texas between January 2021 and August 2026, from 1 wellbore.
- How much is OLDHAM-GRAHAM 35B worth?
- The remaining production from OLDHAM-GRAHAM 35B is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.1M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLDHAM-GRAHAM 35B is a fraction of it. The estimate fits an Arps decline curve to the production OLDHAM-GRAHAM 35B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLDHAM-GRAHAM 35B is an estimate of value, not an offer and not an appraisal.
- How much income does OLDHAM-GRAHAM 35B generate in a year?
- OLDHAM-GRAHAM 35B is forecast to net about $700K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OLDHAM-GRAHAM 35B 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 | 55697 |
| Wellbores | 1 |
| Reported production | 182,358 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where OLDHAM-GRAHAM 35B 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.