SHARKTOOTH 3-4

SHARKTOOTH 3-4 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 9 wellbores on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 2,008,011 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 $1.4M, with roughly $538K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldHoefs T-K (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number51998
Wellbores9
Reported production2,008,011 bbl
First reportedJanuary 2019
Last reportedAugust 2026
Estimated royalty value$1.4M

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.