PINTAIL L 31-30
PINTAIL L 31-30 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by De3 Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 599,932 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 $430K, with roughly $299K 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 1,101 barrels a month, about 550 per wellbore. Its strongest month on the record we hold was December 2020, at 74,114 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 PINTAIL L 31-30
- Who operates PINTAIL L 31-30?
- PINTAIL L 31-30 is operated by De3 Operating LLC, Railroad Commission of Texas operator number 518310.
- Where is PINTAIL L 31-30?
- PINTAIL L 31-30 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55118.
- Is PINTAIL L 31-30 still producing?
- PINTAIL L 31-30 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PINTAIL L 31-30 is August 2026.
- How much has PINTAIL L 31-30 produced?
- PINTAIL L 31-30 has reported 599,932 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 2 wellbores.
- How much is PINTAIL L 31-30 worth?
- The remaining production from PINTAIL L 31-30 is estimated to be worth about $430K in total as of 27 August 2026, within a range of $357K to $504K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PINTAIL L 31-30 is a fraction of it. The estimate fits an Arps decline curve to the production PINTAIL L 31-30 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PINTAIL L 31-30 is an estimate of value, not an offer and not an appraisal.
- How much income does PINTAIL L 31-30 generate in a year?
- PINTAIL L 31-30 is forecast to net about $299K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PINTAIL L 31-30 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De3 Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 55118 |
| Wellbores | 2 |
| Reported production | 599,932 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $430K |
Where PINTAIL L 31-30 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.