SHERROD E28B
SHERROD E28B 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 September 2022 to August 2026, totalling 197,929 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 $3.3M, with roughly $683K 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 1,133 barrels a month. Its strongest month on the record we hold was January 2023, at 23,934 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 E28B
- Who operates SHERROD E28B?
- SHERROD E28B is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHERROD E28B?
- SHERROD E28B is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21961.
- Is SHERROD E28B still producing?
- SHERROD E28B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHERROD E28B is August 2026.
- How much has SHERROD E28B produced?
- SHERROD E28B has reported 197,929 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is SHERROD E28B worth?
- The remaining production from SHERROD E28B is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERROD E28B is a fraction of it. The estimate fits an Arps decline curve to the production SHERROD E28B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHERROD E28B is an estimate of value, not an offer and not an appraisal.
- How much income does SHERROD E28B generate in a year?
- SHERROD E28B is forecast to net about $683K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHERROD E28B 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 | 21961 |
| Wellbores | 1 |
| Reported production | 197,929 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where SHERROD E28B 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.