GUNSMOKE 1-40 C
GUNSMOKE 1-40 C is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 2 wellbores on file with the Commission. Reported production runs from December 2020 to August 2026, totalling 421,959 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 $45K, with roughly $24K expected over the next twelve months.
| Operator | Diamondback E&P Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 55932 |
| Wellbores | 2 |
| Reported production | 421,959 bbl |
| First reported | December 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $45K |
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.