PINOTAGE 57
PINOTAGE 57 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 9,674 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 $960K, with roughly $180K 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 169 barrels a month. Its strongest month on the record we hold was May 2020, at 398 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PINOTAGE 57
- Who operates PINOTAGE 57?
- PINOTAGE 57 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is PINOTAGE 57?
- PINOTAGE 57 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53932.
- Is PINOTAGE 57 still producing?
- PINOTAGE 57 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PINOTAGE 57 is August 2026.
- How much has PINOTAGE 57 produced?
- PINOTAGE 57 has reported 9,674 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is PINOTAGE 57 worth?
- The remaining production from PINOTAGE 57 is estimated to be worth about $960K in total as of 27 August 2026, within a range of $748K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PINOTAGE 57 is a fraction of it. The estimate fits an Arps decline curve to the production PINOTAGE 57 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PINOTAGE 57 is an estimate of value, not an offer and not an appraisal.
- How much income does PINOTAGE 57 generate in a year?
- PINOTAGE 57 is forecast to net about $180K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PINOTAGE 57 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 | 53932 |
| Wellbores | 1 |
| Reported production | 9,674 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $960K |
Where PINOTAGE 57 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.