EAST RANKIN UNIT 3-27
EAST RANKIN UNIT 3-27 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 46,837 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 $640K, with roughly $140K 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 184 barrels a month. Its strongest month on the record we hold was September 2025, at 605 barrels. 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 EAST RANKIN UNIT 3-27
- Who operates EAST RANKIN UNIT 3-27?
- EAST RANKIN UNIT 3-27 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is EAST RANKIN UNIT 3-27?
- EAST RANKIN UNIT 3-27 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18044.
- Is EAST RANKIN UNIT 3-27 still producing?
- EAST RANKIN UNIT 3-27 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST RANKIN UNIT 3-27 is August 2026.
- How much has EAST RANKIN UNIT 3-27 produced?
- EAST RANKIN UNIT 3-27 has reported 46,837 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is EAST RANKIN UNIT 3-27 worth?
- The remaining production from EAST RANKIN UNIT 3-27 is estimated to be worth about $640K in total as of 26 August 2026, within a range of $499K to $780K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST RANKIN UNIT 3-27 is a fraction of it. The estimate fits an Arps decline curve to the production EAST RANKIN UNIT 3-27 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST RANKIN UNIT 3-27 is an estimate of value, not an offer and not an appraisal.
- How much income does EAST RANKIN UNIT 3-27 generate in a year?
- EAST RANKIN UNIT 3-27 is forecast to net about $140K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EAST RANKIN UNIT 3-27 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Sheep Mountain (Consolidated) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 18044 |
| Wellbores | 1 |
| Reported production | 46,837 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $640K |
Where EAST RANKIN UNIT 3-27 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.