XBC GIDDINGS ESTATE R40
XBC GIDDINGS ESTATE R40 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 8 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 1,900,973 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 $10.9M, with roughly $3.4M 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 4,716 barrels a month, about 589 per wellbore. Its strongest month on the record we hold was May 2016, at 21,359 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 XBC GIDDINGS ESTATE R40
- Who operates XBC GIDDINGS ESTATE R40?
- XBC GIDDINGS ESTATE R40 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is XBC GIDDINGS ESTATE R40?
- XBC GIDDINGS ESTATE R40 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18718.
- Is XBC GIDDINGS ESTATE R40 still producing?
- XBC GIDDINGS ESTATE R40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for XBC GIDDINGS ESTATE R40 is August 2026.
- How much has XBC GIDDINGS ESTATE R40 produced?
- XBC GIDDINGS ESTATE R40 has reported 1,900,973 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 8 wellbores.
- How much is XBC GIDDINGS ESTATE R40 worth?
- The remaining production from XBC GIDDINGS ESTATE R40 is estimated to be worth about $10.9M in total as of 27 August 2026, within a range of $9.1M to $12.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in XBC GIDDINGS ESTATE R40 is a fraction of it. The estimate fits an Arps decline curve to the production XBC GIDDINGS ESTATE R40 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for XBC GIDDINGS ESTATE R40 is an estimate of value, not an offer and not an appraisal.
- How much income does XBC GIDDINGS ESTATE R40 generate in a year?
- XBC GIDDINGS ESTATE R40 is forecast to net about $3.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in XBC GIDDINGS ESTATE R40 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 | 18718 |
| Wellbores | 8 |
| Reported production | 1,900,973 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.9M |
Where XBC GIDDINGS ESTATE R40 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.