VINEYARD HZ L UNIT
VINEYARD HZ L UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 9 wellbores on file with the Commission. Reported production runs from June 2018 to August 2026, totalling 2,510,105 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 $29.9M, with roughly $6.9M 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 9,042 barrels a month, about 1,005 per wellbore. Its strongest month on the record we hold was June 2019, at 202,217 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 VINEYARD HZ L UNIT
- Who operates VINEYARD HZ L UNIT?
- VINEYARD HZ L UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is VINEYARD HZ L UNIT?
- VINEYARD HZ L UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51657.
- Is VINEYARD HZ L UNIT still producing?
- VINEYARD HZ L UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VINEYARD HZ L UNIT is August 2026.
- How much has VINEYARD HZ L UNIT produced?
- VINEYARD HZ L UNIT has reported 2,510,105 barrels of oil (bbl) to the Railroad Commission of Texas between June 2018 and August 2026, from 9 wellbores.
- How much is VINEYARD HZ L UNIT worth?
- The remaining production from VINEYARD HZ L UNIT is estimated to be worth about $29.9M in total as of 27 August 2026, within a range of $24.8M to $35.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VINEYARD HZ L UNIT is a fraction of it. The estimate fits an Arps decline curve to the production VINEYARD HZ L UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VINEYARD HZ L UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does VINEYARD HZ L UNIT generate in a year?
- VINEYARD HZ L UNIT is forecast to net about $6.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VINEYARD HZ L UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 51657 |
| Wellbores | 9 |
| Reported production | 2,510,105 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $29.9M |
Where VINEYARD HZ L UNIT 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.