PIONEER 31
PIONEER 31 is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 787,202 thousand cubic feet. 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 $344K, with roughly $154K 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 4,343 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 51,996 thousand cubic feet. 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 PIONEER 31
- Who operates PIONEER 31?
- PIONEER 31 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is PIONEER 31?
- PIONEER 31 is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 291433.
- Is PIONEER 31 still producing?
- PIONEER 31 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIONEER 31 is August 2026.
- How much has PIONEER 31 produced?
- PIONEER 31 has reported 787,202 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is PIONEER 31 worth?
- The remaining production from PIONEER 31 is estimated to be worth about $344K in total as of 27 August 2026, within a range of $286K to $403K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIONEER 31 is a fraction of it. The estimate fits an Arps decline curve to the production PIONEER 31 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIONEER 31 is an estimate of value, not an offer and not an appraisal.
- How much income does PIONEER 31 generate in a year?
- PIONEER 31 is forecast to net about $154K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIONEER 31 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 291433 |
| Wellbores | 1 |
| Reported production | 787,202 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $344K |
Where PIONEER 31 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.