VANDENBERG WEST 12-24 UNIT

VANDENBERG WEST 12-24 UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 12 wellbores on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 4,172,655 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 $1.4M, with roughly $698K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number57510
Wellbores12
Reported production4,172,655 bbl
First reportedMarch 2022
Last reportedAugust 2026
Estimated royalty value$1.4M

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.