DIVIDE DRAW E
DIVIDE DRAW E is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Discovery Natural Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 326,224 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 $1.9M, with roughly $1.2M 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 3,441 barrels a month. Its strongest month on the record we hold was April 2023, at 29,003 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 DIVIDE DRAW E
- Who operates DIVIDE DRAW E?
- DIVIDE DRAW E is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
- Where is DIVIDE DRAW E?
- DIVIDE DRAW E is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22370.
- Is DIVIDE DRAW E still producing?
- DIVIDE DRAW E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIVIDE DRAW E is August 2026.
- How much has DIVIDE DRAW E produced?
- DIVIDE DRAW E has reported 326,224 barrels of oil (bbl) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is DIVIDE DRAW E worth?
- The remaining production from DIVIDE DRAW E is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.6M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIVIDE DRAW E is a fraction of it. The estimate fits an Arps decline curve to the production DIVIDE DRAW E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIVIDE DRAW E is an estimate of value, not an offer and not an appraisal.
- How much income does DIVIDE DRAW E generate in a year?
- DIVIDE DRAW E is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIVIDE DRAW E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Natural Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22370 |
| Wellbores | 1 |
| Reported production | 326,224 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where DIVIDE DRAW E 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.