UL SITKA 12-1 R
UL SITKA 12-1 R 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 June 2023 to August 2026, totalling 223,964 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 $2.1M, with roughly $1.3M 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 3,220 barrels a month. Its strongest month on the record we hold was November 2023, at 25,586 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 12-1 R
- Who operates UL SITKA 12-1 R?
- UL SITKA 12-1 R is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is UL SITKA 12-1 R?
- UL SITKA 12-1 R is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60527.
- Is UL SITKA 12-1 R still producing?
- UL SITKA 12-1 R is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL SITKA 12-1 R is August 2026.
- How much has UL SITKA 12-1 R produced?
- UL SITKA 12-1 R has reported 223,964 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is UL SITKA 12-1 R worth?
- The remaining production from UL SITKA 12-1 R is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL SITKA 12-1 R is a fraction of it. The estimate fits an Arps decline curve to the production UL SITKA 12-1 R 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 12-1 R is an estimate of value, not an offer and not an appraisal.
- How much income does UL SITKA 12-1 R generate in a year?
- UL SITKA 12-1 R is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL SITKA 12-1 R 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 | 60527 |
| Wellbores | 1 |
| Reported production | 223,964 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where UL SITKA 12-1 R 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.