BENEDUM 3A
BENEDUM 3A is a Texas oil lease in Upton 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 August 2023 to August 2026, totalling 234,306 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 $2.2M, with roughly $1.4M 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 3,337 barrels a month. Its strongest month on the record we hold was March 2024, at 19,623 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 BENEDUM 3A
- Who operates BENEDUM 3A?
- BENEDUM 3A is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is BENEDUM 3A?
- BENEDUM 3A is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22263.
- Is BENEDUM 3A still producing?
- BENEDUM 3A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENEDUM 3A is August 2026.
- How much has BENEDUM 3A produced?
- BENEDUM 3A has reported 234,306 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is BENEDUM 3A worth?
- The remaining production from BENEDUM 3A is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.8M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENEDUM 3A is a fraction of it. The estimate fits an Arps decline curve to the production BENEDUM 3A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENEDUM 3A is an estimate of value, not an offer and not an appraisal.
- How much income does BENEDUM 3A generate in a year?
- BENEDUM 3A is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENEDUM 3A 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 | Upton County, Texas |
| RRC district | 7C |
| Lease number | 22263 |
| Wellbores | 1 |
| Reported production | 234,306 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where BENEDUM 3A 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.