SHERROD E28A

SHERROD E28A 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 June 2022 to August 2026, totalling 237,024 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 $8.8M, with roughly $2.3M 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 2,997 barrels a month. Its strongest month on the record we hold was February 2023, at 21,319 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 SHERROD E28A

Who operates SHERROD E28A?
SHERROD E28A is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is SHERROD E28A?
SHERROD E28A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21828.
Is SHERROD E28A still producing?
SHERROD E28A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHERROD E28A is August 2026.
How much has SHERROD E28A produced?
SHERROD E28A has reported 237,024 barrels of oil (bbl) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
How much is SHERROD E28A worth?
The remaining production from SHERROD E28A is estimated to be worth about $8.8M in total as of 26 August 2026, within a range of $7.3M to $10.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERROD E28A is a fraction of it. The estimate fits an Arps decline curve to the production SHERROD E28A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHERROD E28A is an estimate of value, not an offer and not an appraisal.
How much income does SHERROD E28A generate in a year?
SHERROD E28A is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHERROD E28A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SHERROD E28A as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number21828
Wellbores1
Reported production237,024 bbl
First reported
Last reported
Estimated royalty value$8.8M

Where SHERROD E28A 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.