PINTAIL N 31-30
PINTAIL N 31-30 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by De3 Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 205,921 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 $1.8M, with roughly $414K 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 274 barrels a month. Its strongest month on the record we hold was January 2021, at 24,992 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 PINTAIL N 31-30
- Who operates PINTAIL N 31-30?
- PINTAIL N 31-30 is operated by De3 Operating LLC, Railroad Commission of Texas operator number 518310.
- Where is PINTAIL N 31-30?
- PINTAIL N 31-30 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55159.
- Is PINTAIL N 31-30 still producing?
- PINTAIL N 31-30 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PINTAIL N 31-30 is August 2026.
- How much has PINTAIL N 31-30 produced?
- PINTAIL N 31-30 has reported 205,921 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 1 wellbore.
- How much is PINTAIL N 31-30 worth?
- The remaining production from PINTAIL N 31-30 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PINTAIL N 31-30 is a fraction of it. The estimate fits an Arps decline curve to the production PINTAIL N 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 N 31-30 is an estimate of value, not an offer and not an appraisal.
- How much income does PINTAIL N 31-30 generate in a year?
- PINTAIL N 31-30 is forecast to net about $414K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PINTAIL N 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 | 55159 |
| Wellbores | 1 |
| Reported production | 205,921 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where PINTAIL N 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.