KATH UNIT 3-11
KATH UNIT 3-11 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 4 wellbores on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 1,438,348 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 $26.1M, with roughly $5.9M 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 7,087 barrels a month, about 1,772 per wellbore. Its strongest month on the record we hold was January 2019, at 94,705 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 KATH UNIT 3-11
- Who operates KATH UNIT 3-11?
- KATH UNIT 3-11 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is KATH UNIT 3-11?
- KATH UNIT 3-11 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51586.
- Is KATH UNIT 3-11 still producing?
- KATH UNIT 3-11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KATH UNIT 3-11 is August 2026.
- How much has KATH UNIT 3-11 produced?
- KATH UNIT 3-11 has reported 1,438,348 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 4 wellbores.
- How much is KATH UNIT 3-11 worth?
- The remaining production from KATH UNIT 3-11 is estimated to be worth about $26.1M in total as of 26 August 2026, within a range of $21.6M to $30.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KATH UNIT 3-11 is a fraction of it. The estimate fits an Arps decline curve to the production KATH UNIT 3-11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KATH UNIT 3-11 is an estimate of value, not an offer and not an appraisal.
- How much income does KATH UNIT 3-11 generate in a year?
- KATH UNIT 3-11 is forecast to net about $5.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KATH UNIT 3-11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51586 |
| Wellbores | 4 |
| Reported production | 1,438,348 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $26.1M |
Where KATH UNIT 3-11 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.