FRIULANO-HUCKABY 31C

FRIULANO-HUCKABY 31C 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 October 2025 to August 2026, totalling 54,222 barrels. The lease is intermittent. 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 $23.3M, with roughly $5.2M 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 4,994 barrels a month. Its strongest month on the record we hold was April 2026, at 17,481 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 FRIULANO-HUCKABY 31C

Who operates FRIULANO-HUCKABY 31C?
FRIULANO-HUCKABY 31C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is FRIULANO-HUCKABY 31C?
FRIULANO-HUCKABY 31C is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23525.
Is FRIULANO-HUCKABY 31C still producing?
FRIULANO-HUCKABY 31C is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRIULANO-HUCKABY 31C is August 2026.
How much has FRIULANO-HUCKABY 31C produced?
FRIULANO-HUCKABY 31C has reported 54,222 barrels of oil (bbl) to the Railroad Commission of Texas between October 2025 and August 2026, from 1 wellbore.
How much is FRIULANO-HUCKABY 31C worth?
The remaining production from FRIULANO-HUCKABY 31C is estimated to be worth about $23.3M in total as of 27 August 2026, within a range of $19.4M to $27.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRIULANO-HUCKABY 31C is a fraction of it. The estimate fits an Arps decline curve to the production FRIULANO-HUCKABY 31C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRIULANO-HUCKABY 31C is an estimate of value, not an offer and not an appraisal.
How much income does FRIULANO-HUCKABY 31C generate in a year?
FRIULANO-HUCKABY 31C is forecast to net about $5.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRIULANO-HUCKABY 31C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FRIULANO-HUCKABY 31C as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number23525
Wellbores1
Reported production54,222 bbl
First reported
Last reported
Estimated royalty value$23.3M

Where FRIULANO-HUCKABY 31C 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.