STATE PINK FLOYD EAST I 1218-2
STATE PINK FLOYD EAST I 1218-2 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De IV Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 296,037 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 $4.2M, with roughly $2.1M 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 5,023 barrels a month. Its strongest month on the record we hold was April 2024, at 32,353 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 STATE PINK FLOYD EAST I 1218-2
- Who operates STATE PINK FLOYD EAST I 1218-2?
- STATE PINK FLOYD EAST I 1218-2 is operated by De IV Operating, LLC, Railroad Commission of Texas operator number 100168.
- Where is STATE PINK FLOYD EAST I 1218-2?
- STATE PINK FLOYD EAST I 1218-2 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22391.
- Is STATE PINK FLOYD EAST I 1218-2 still producing?
- STATE PINK FLOYD EAST I 1218-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE PINK FLOYD EAST I 1218-2 is August 2026.
- How much has STATE PINK FLOYD EAST I 1218-2 produced?
- STATE PINK FLOYD EAST I 1218-2 has reported 296,037 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is STATE PINK FLOYD EAST I 1218-2 worth?
- The remaining production from STATE PINK FLOYD EAST I 1218-2 is estimated to be worth about $4.2M in total as of 26 August 2026, within a range of $3.5M to $5.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE PINK FLOYD EAST I 1218-2 is a fraction of it. The estimate fits an Arps decline curve to the production STATE PINK FLOYD EAST I 1218-2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE PINK FLOYD EAST I 1218-2 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE PINK FLOYD EAST I 1218-2 generate in a year?
- STATE PINK FLOYD EAST I 1218-2 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE PINK FLOYD EAST I 1218-2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De IV Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22391 |
| Wellbores | 1 |
| Reported production | 296,037 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where STATE PINK FLOYD EAST I 1218-2 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.