POPPY-ATRELLE 20L

POPPY-ATRELLE 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 April 2025 to August 2026, totalling 212,359 barrels. The lease is intermittent. 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 $68.5M, with roughly $15.2M 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 16,602 barrels a month. Its strongest month on the record we hold was September 2025, at 33,503 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 POPPY-ATRELLE 20L

Who operates POPPY-ATRELLE 20L?
POPPY-ATRELLE 20L is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is POPPY-ATRELLE 20L?
POPPY-ATRELLE 20L is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63313.
Is POPPY-ATRELLE 20L still producing?
POPPY-ATRELLE 20L is intermittent. The most recent month of production reported to the Railroad Commission of Texas for POPPY-ATRELLE 20L is August 2026.
How much has POPPY-ATRELLE 20L produced?
POPPY-ATRELLE 20L has reported 212,359 barrels of oil (bbl) to the Railroad Commission of Texas between April 2025 and August 2026, from 1 wellbore.
How much is POPPY-ATRELLE 20L worth?
The remaining production from POPPY-ATRELLE 20L is estimated to be worth about $68.5M in total as of 27 August 2026, within a range of $56.1M to $80.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POPPY-ATRELLE 20L is a fraction of it. The estimate fits an Arps decline curve to the production POPPY-ATRELLE 20L has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POPPY-ATRELLE 20L is an estimate of value, not an offer and not an appraisal.
How much income does POPPY-ATRELLE 20L generate in a year?
POPPY-ATRELLE 20L is forecast to net about $15.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POPPY-ATRELLE 20L receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

POPPY-ATRELLE 20L as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number63313
Wellbores1
Reported production212,359 bbl
First reported
Last reported
Estimated royalty value$68.5M

Where POPPY-ATRELLE 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.