DRIVER E28P
DRIVER E28P is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 585,822 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 $5.5M, with roughly $1.2M 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 796 barrels a month, about 398 per wellbore. Its strongest month on the record we hold was September 2019, at 50,884 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 DRIVER E28P
- Who operates DRIVER E28P?
- DRIVER E28P is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is DRIVER E28P?
- DRIVER E28P is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20238.
- Is DRIVER E28P still producing?
- DRIVER E28P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRIVER E28P is August 2026.
- How much has DRIVER E28P produced?
- DRIVER E28P has reported 585,822 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 2 wellbores.
- How much is DRIVER E28P worth?
- The remaining production from DRIVER E28P is estimated to be worth about $5.5M in total as of 26 August 2026, within a range of $4.3M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRIVER E28P is a fraction of it. The estimate fits an Arps decline curve to the production DRIVER E28P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRIVER E28P is an estimate of value, not an offer and not an appraisal.
- How much income does DRIVER E28P generate in a year?
- DRIVER E28P is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRIVER E28P 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) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20238 |
| Wellbores | 2 |
| Reported production | 585,822 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.5M |
Where DRIVER E28P 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.