DRIVER PROCTOR 33-40M
DRIVER PROCTOR 33-40M is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 173,124 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 $706K, with roughly $565K 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 2,660 barrels a month. Its strongest month on the record we hold was March 2024, at 12,957 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 PROCTOR 33-40M
- Who operates DRIVER PROCTOR 33-40M?
- DRIVER PROCTOR 33-40M is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is DRIVER PROCTOR 33-40M?
- DRIVER PROCTOR 33-40M is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22382.
- Is DRIVER PROCTOR 33-40M still producing?
- DRIVER PROCTOR 33-40M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRIVER PROCTOR 33-40M is August 2026.
- How much has DRIVER PROCTOR 33-40M produced?
- DRIVER PROCTOR 33-40M has reported 173,124 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is DRIVER PROCTOR 33-40M worth?
- The remaining production from DRIVER PROCTOR 33-40M is estimated to be worth about $706K in total as of 27 August 2026, within a range of $586K to $826K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRIVER PROCTOR 33-40M is a fraction of it. The estimate fits an Arps decline curve to the production DRIVER PROCTOR 33-40M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRIVER PROCTOR 33-40M is an estimate of value, not an offer and not an appraisal.
- How much income does DRIVER PROCTOR 33-40M generate in a year?
- DRIVER PROCTOR 33-40M is forecast to net about $565K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DRIVER PROCTOR 33-40M 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 | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22382 |
| Wellbores | 1 |
| Reported production | 173,124 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $706K |
Where DRIVER PROCTOR 33-40M 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.