DRIVER W28P
DRIVER W28P 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 September 2018 to August 2026, totalling 598,226 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 $3.9M, with roughly $1.3M 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 1,563 barrels a month, about 781 per wellbore. Its strongest month on the record we hold was August 2019, at 45,901 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 W28P
- Who operates DRIVER W28P?
- DRIVER W28P is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is DRIVER W28P?
- DRIVER W28P is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20193.
- Is DRIVER W28P still producing?
- DRIVER W28P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRIVER W28P is August 2026.
- How much has DRIVER W28P produced?
- DRIVER W28P has reported 598,226 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 2 wellbores.
- How much is DRIVER W28P worth?
- The remaining production from DRIVER W28P is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.3M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRIVER W28P is a fraction of it. The estimate fits an Arps decline curve to the production DRIVER W28P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRIVER W28P is an estimate of value, not an offer and not an appraisal.
- How much income does DRIVER W28P generate in a year?
- DRIVER W28P is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRIVER W28P 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 | 20193 |
| Wellbores | 2 |
| Reported production | 598,226 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where DRIVER W28P 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.