LOOMIS 31-43 B
LOOMIS 31-43 B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 4 wellbores on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 948,002 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 $198K, with roughly $104K expected over the next twelve months.
| Operator | Diamondback E&P Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 57917 |
| Wellbores | 4 |
| Reported production | 948,002 bbl |
| First reported | August 2022 |
| Last reported | August 2026 |
| Estimated royalty value | $198K |
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.