SHREDDER 33-59

SHREDDER 33-59 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 1 wellbore on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 51,710 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 $43K, with roughly $8K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldSandbar (Bone Spring)
CountyWard County, Texas
RRC district08
Lease number57583
Wellbores1
Reported production51,710 bbl
First reportedAugust 2021
Last reportedAugust 2026
Estimated royalty value$43K

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.