GRIDIRON
GRIDIRON is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 32 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 11,408,908 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.9M, with roughly $625K expected over the next twelve months.
| Operator | Diamondback E&P Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 45236 |
| Wellbores | 32 |
| Reported production | 11,408,908 bbl |
| First reported | March 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $1.9M |
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.