DIAMOND BACK 17
DIAMOND BACK 17 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by MDC Texas Operator LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 1,004,649 thousand cubic feet. 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 $3K, with roughly $971 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 286 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 37,163 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 DIAMOND BACK 17
- Who operates DIAMOND BACK 17?
- DIAMOND BACK 17 is operated by MDC Texas Operator LLC, Railroad Commission of Texas operator number 556511.
- Where is DIAMOND BACK 17?
- DIAMOND BACK 17 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 287579.
- Is DIAMOND BACK 17 still producing?
- DIAMOND BACK 17 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DIAMOND BACK 17 is August 2026.
- How much has DIAMOND BACK 17 produced?
- DIAMOND BACK 17 has reported 1,004,649 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is DIAMOND BACK 17 worth?
- The remaining production from DIAMOND BACK 17 is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIAMOND BACK 17 is a fraction of it. The estimate fits an Arps decline curve to the production DIAMOND BACK 17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIAMOND BACK 17 is an estimate of value, not an offer and not an appraisal.
- How much income does DIAMOND BACK 17 generate in a year?
- DIAMOND BACK 17 is forecast to net about $971 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIAMOND BACK 17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MDC Texas Operator LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 287579 |
| Wellbores | 1 |
| Reported production | 1,004,649 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where DIAMOND BACK 17 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.