UL SITKA 12-1 L

UL SITKA 12-1 L 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 August 2023 to August 2026, totalling 187,388 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 $35K, with roughly $23K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldSpraberry (Trend Area)
CountyAndrews County, Texas
RRC district08
Lease number60184
Wellbores1
Reported production187,388 bbl
First reportedAugust 2023
Last reportedAugust 2026
Estimated royalty value$35K

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.