PRATT-VAUGHN 15M
PRATT-VAUGHN 15M 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 2025 to August 2026, totalling 280,720 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 $15.1M, with roughly $6.2M 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 22,495 barrels a month. Its strongest month on the record we hold was May 2025, at 47,520 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 PRATT-VAUGHN 15M
- Who operates PRATT-VAUGHN 15M?
- PRATT-VAUGHN 15M is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is PRATT-VAUGHN 15M?
- PRATT-VAUGHN 15M is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63364.
- Is PRATT-VAUGHN 15M still producing?
- PRATT-VAUGHN 15M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRATT-VAUGHN 15M is August 2026.
- How much has PRATT-VAUGHN 15M produced?
- PRATT-VAUGHN 15M has reported 280,720 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
- How much is PRATT-VAUGHN 15M worth?
- The remaining production from PRATT-VAUGHN 15M is estimated to be worth about $15.1M in total as of 27 August 2026, within a range of $12.4M to $17.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRATT-VAUGHN 15M is a fraction of it. The estimate fits an Arps decline curve to the production PRATT-VAUGHN 15M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRATT-VAUGHN 15M is an estimate of value, not an offer and not an appraisal.
- How much income does PRATT-VAUGHN 15M generate in a year?
- PRATT-VAUGHN 15M is forecast to net about $6.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRATT-VAUGHN 15M 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 | 63364 |
| Wellbores | 1 |
| Reported production | 280,720 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.1M |
Where PRATT-VAUGHN 15M 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.