UL SITKA 12-37 B
UL SITKA 12-37 B 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 316,043 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 $12.3M, with roughly $3.4M 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 5,202 barrels a month. Its strongest month on the record we hold was November 2023, at 29,624 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 UL SITKA 12-37 B
- Who operates UL SITKA 12-37 B?
- UL SITKA 12-37 B is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is UL SITKA 12-37 B?
- UL SITKA 12-37 B is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60526.
- Is UL SITKA 12-37 B still producing?
- UL SITKA 12-37 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL SITKA 12-37 B is August 2026.
- How much has UL SITKA 12-37 B produced?
- UL SITKA 12-37 B has reported 316,043 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is UL SITKA 12-37 B worth?
- The remaining production from UL SITKA 12-37 B is estimated to be worth about $12.3M in total as of 27 August 2026, within a range of $10.2M to $14.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL SITKA 12-37 B is a fraction of it. The estimate fits an Arps decline curve to the production UL SITKA 12-37 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL SITKA 12-37 B is an estimate of value, not an offer and not an appraisal.
- How much income does UL SITKA 12-37 B generate in a year?
- UL SITKA 12-37 B is forecast to net about $3.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL SITKA 12-37 B 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 | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 60526 |
| Wellbores | 1 |
| Reported production | 316,043 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.3M |
Where UL SITKA 12-37 B 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.