NORTH BROOK 38-37EB
NORTH BROOK 38-37EB 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 July 2022 to August 2026, totalling 247,137 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 $1.2M, with roughly $695K 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 1,229 barrels a month. Its strongest month on the record we hold was August 2022, at 35,564 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 NORTH BROOK 38-37EB
- Who operates NORTH BROOK 38-37EB?
- NORTH BROOK 38-37EB is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is NORTH BROOK 38-37EB?
- NORTH BROOK 38-37EB is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21814.
- Is NORTH BROOK 38-37EB still producing?
- NORTH BROOK 38-37EB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH BROOK 38-37EB is August 2026.
- How much has NORTH BROOK 38-37EB produced?
- NORTH BROOK 38-37EB has reported 247,137 barrels of oil (bbl) to the Railroad Commission of Texas between July 2022 and August 2026, from 1 wellbore.
- How much is NORTH BROOK 38-37EB worth?
- The remaining production from NORTH BROOK 38-37EB is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $974K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH BROOK 38-37EB is a fraction of it. The estimate fits an Arps decline curve to the production NORTH BROOK 38-37EB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH BROOK 38-37EB is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH BROOK 38-37EB generate in a year?
- NORTH BROOK 38-37EB is forecast to net about $695K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH BROOK 38-37EB 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) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21814 |
| Wellbores | 1 |
| Reported production | 247,137 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where NORTH BROOK 38-37EB 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.