SLINGSHOT ENGAGED UNIT 75-82

SLINGSHOT ENGAGED UNIT 75-82 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Element Petroleum Op Iii, Llc. It has 2 wellbores on file with the Commission. Reported production runs from September 2020 to August 2026, totalling 499,967 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 $289K, with roughly $64K expected over the next twelve months.

OperatorElement Petroleum Op Iii, Llc
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number55243
Wellbores2
Reported production499,967 bbl
First reportedSeptember 2020
Last reportedAugust 2026
Estimated royalty value$289K

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.