DREAMLAND STATE UNIT C19-16-12

DREAMLAND STATE UNIT C19-16-12 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 326,191 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 $143K, with roughly $30K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number53653
Wellbores1
Reported production326,191 bbl
First reportedSeptember 2019
Last reportedAugust 2026
Estimated royalty value$143K

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.