DRIVER E28R
DRIVER E28R 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 665,906 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 $998K, with roughly $590K 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 847 barrels a month, about 423 per wellbore. Its strongest month on the record we hold was September 2019, at 55,764 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 E28R
- Who operates DRIVER E28R?
- DRIVER E28R is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is DRIVER E28R?
- DRIVER E28R is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20247.
- Is DRIVER E28R still producing?
- DRIVER E28R is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRIVER E28R is August 2026.
- How much has DRIVER E28R produced?
- DRIVER E28R has reported 665,906 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 2 wellbores.
- How much is DRIVER E28R worth?
- The remaining production from DRIVER E28R is estimated to be worth about $998K in total as of 26 August 2026, within a range of $778K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRIVER E28R is a fraction of it. The estimate fits an Arps decline curve to the production DRIVER E28R has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRIVER E28R is an estimate of value, not an offer and not an appraisal.
- How much income does DRIVER E28R generate in a year?
- DRIVER E28R is forecast to net about $590K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRIVER E28R 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 | 20247 |
| Wellbores | 2 |
| Reported production | 665,906 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $998K |
Where DRIVER E28R 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.