MISSOULA UNIT
MISSOULA UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 7 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 2,696,534 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 $28.9M, with roughly $8.5M 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 12,578 barrels a month, about 1,797 per wellbore. Its strongest month on the record we hold was July 2022, at 109,568 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MISSOULA UNIT
- Who operates MISSOULA UNIT?
- MISSOULA UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MISSOULA UNIT?
- MISSOULA UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51858.
- Is MISSOULA UNIT still producing?
- MISSOULA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MISSOULA UNIT is August 2026.
- How much has MISSOULA UNIT produced?
- MISSOULA UNIT has reported 2,696,534 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 7 wellbores.
- How much is MISSOULA UNIT worth?
- The remaining production from MISSOULA UNIT is estimated to be worth about $28.9M in total as of 27 August 2026, within a range of $23.7M to $34.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MISSOULA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MISSOULA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MISSOULA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MISSOULA UNIT generate in a year?
- MISSOULA UNIT is forecast to net about $8.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MISSOULA 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 51858 |
| Wellbores | 7 |
| Reported production | 2,696,534 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $28.9M |
Where MISSOULA 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.