BANKER 70-71 G
BANKER 70-71 G 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 February 2023 to August 2026, totalling 177,632 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 $129K, with roughly $36K expected over the next twelve months.
| Operator | Diamondback E&P Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 59289 |
| Wellbores | 1 |
| Reported production | 177,632 bbl |
| First reported | February 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $129K |
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.