UL SITKA 12-1 K

UL SITKA 12-1 K is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 256,028 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 $89K, with roughly $38K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldSpraberry (Trend Area)
CountyAndrews County, Texas
RRC district08
Lease number60154
Wellbores1
Reported production256,028 bbl
First reportedJuly 2023
Last reportedAugust 2026
Estimated royalty value$89K

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.