JOY 13
JOY 13 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2016 to August 2026, totalling 251,530 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 $3.9M, with roughly $842K 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 1,063 barrels a month. Its strongest month on the record we hold was June 2016, at 13,369 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 JOY 13
- Who operates JOY 13?
- JOY 13 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is JOY 13?
- JOY 13 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48649.
- Is JOY 13 still producing?
- JOY 13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOY 13 is August 2026.
- How much has JOY 13 produced?
- JOY 13 has reported 251,530 barrels of oil (bbl) to the Railroad Commission of Texas between May 2016 and August 2026, from 1 wellbore.
- How much is JOY 13 worth?
- The remaining production from JOY 13 is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOY 13 is a fraction of it. The estimate fits an Arps decline curve to the production JOY 13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOY 13 is an estimate of value, not an offer and not an appraisal.
- How much income does JOY 13 generate in a year?
- JOY 13 is forecast to net about $842K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOY 13 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48649 |
| Wellbores | 1 |
| Reported production | 251,530 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where JOY 13 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.