PHILLIPS-HODNETT UNIT
PHILLIPS-HODNETT UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 3 wellbores on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 995,592 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 $180K, with roughly $52K expected over the next twelve months.
| Operator | Diamondback E&P Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47858 |
| Wellbores | 3 |
| Reported production | 995,592 bbl |
| First reported | June 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $180K |
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.