WAFFLE IRON
WAFFLE IRON is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Permian Deep Rock Oil Co., Llc. It has 18 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 3,931,042 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 $732K, with roughly $149K expected over the next twelve months.
| Operator | Permian Deep Rock Oil Co., Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 48846 |
| Wellbores | 18 |
| Reported production | 3,931,042 bbl |
| First reported | May 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $732K |
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.