T Y RANCH WEST
T Y RANCH WEST is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 18 wellbores on file with the Commission. Reported production runs from June 2021 to August 2026, totalling 3,418,857 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $90.3M, with roughly $29.0M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 48,943 barrels a month, about 2,719 per wellbore. Its strongest month on the record we hold was January 2024, at 293,572 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about T Y RANCH WEST
- Who operates T Y RANCH WEST?
- T Y RANCH WEST is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is T Y RANCH WEST?
- T Y RANCH WEST is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59176.
- Is T Y RANCH WEST still producing?
- T Y RANCH WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for T Y RANCH WEST is August 2026.
- How much has T Y RANCH WEST produced?
- T Y RANCH WEST has reported 3,418,857 barrels of oil (bbl) to the Railroad Commission of Texas between June 2021 and August 2026, from 18 wellbores.
- How much is T Y RANCH WEST worth?
- The remaining production from T Y RANCH WEST is estimated to be worth about $90.3M in total as of 27 August 2026, within a range of $74.0M to $106.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in T Y RANCH WEST is a fraction of it. The estimate fits an Arps decline curve to the production T Y RANCH WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for T Y RANCH WEST is an estimate of value, not an offer and not an appraisal.
- How much income does T Y RANCH WEST generate in a year?
- T Y RANCH WEST is forecast to net about $29.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in T Y RANCH WEST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 59176 |
| Wellbores | 18 |
| Reported production | 3,418,857 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $90.3M |
Where T Y RANCH WEST sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.