DRIVER E28Q
DRIVER E28Q 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 564,636 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 $8.1M, with roughly $1.9M 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 1,364 barrels a month, about 682 per wellbore. Its strongest month on the record we hold was October 2019, at 46,793 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 DRIVER E28Q
- Who operates DRIVER E28Q?
- DRIVER E28Q is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is DRIVER E28Q?
- DRIVER E28Q is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20300.
- Is DRIVER E28Q still producing?
- DRIVER E28Q is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRIVER E28Q is August 2026.
- How much has DRIVER E28Q produced?
- DRIVER E28Q has reported 564,636 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 2 wellbores.
- How much is DRIVER E28Q worth?
- The remaining production from DRIVER E28Q is estimated to be worth about $8.1M in total as of 26 August 2026, within a range of $6.7M to $9.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRIVER E28Q is a fraction of it. The estimate fits an Arps decline curve to the production DRIVER E28Q has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRIVER E28Q is an estimate of value, not an offer and not an appraisal.
- How much income does DRIVER E28Q generate in a year?
- DRIVER E28Q is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRIVER E28Q 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 | 20300 |
| Wellbores | 2 |
| Reported production | 564,636 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.1M |
Where DRIVER E28Q 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.