NORTH BROOK NE34
NORTH BROOK NE34 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 6 wellbores on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 1,525,828 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 $10.6M, with roughly $3.9M 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 5,316 barrels a month, about 886 per wellbore. Its strongest month on the record we hold was November 2018, at 71,282 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 NE34
- Who operates NORTH BROOK NE34?
- NORTH BROOK NE34 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is NORTH BROOK NE34?
- NORTH BROOK NE34 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20122.
- Is NORTH BROOK NE34 still producing?
- NORTH BROOK NE34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH BROOK NE34 is August 2026.
- How much has NORTH BROOK NE34 produced?
- NORTH BROOK NE34 has reported 1,525,828 barrels of oil (bbl) to the Railroad Commission of Texas between August 2018 and August 2026, from 6 wellbores.
- How much is NORTH BROOK NE34 worth?
- The remaining production from NORTH BROOK NE34 is estimated to be worth about $10.6M in total as of 27 August 2026, within a range of $8.8M to $12.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH BROOK NE34 is a fraction of it. The estimate fits an Arps decline curve to the production NORTH BROOK NE34 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 NE34 is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH BROOK NE34 generate in a year?
- NORTH BROOK NE34 is forecast to net about $3.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH BROOK NE34 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 | 20122 |
| Wellbores | 6 |
| Reported production | 1,525,828 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.6M |
Where NORTH BROOK NE34 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.