RIO CONCHO 35-46 UNIT 2
RIO CONCHO 35-46 UNIT 2 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 9 wellbores on file with the Commission. Reported production runs from March 2026 to August 2026, totalling 514,796 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 $709.7M, with roughly $134.0M 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 171,339 barrels a month, about 19,038 per wellbore. Its strongest month on the record we hold was April 2026, at 218,730 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 RIO CONCHO 35-46 UNIT 2
- Who operates RIO CONCHO 35-46 UNIT 2?
- RIO CONCHO 35-46 UNIT 2 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is RIO CONCHO 35-46 UNIT 2?
- RIO CONCHO 35-46 UNIT 2 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 65100.
- Is RIO CONCHO 35-46 UNIT 2 still producing?
- RIO CONCHO 35-46 UNIT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIO CONCHO 35-46 UNIT 2 is August 2026.
- How much has RIO CONCHO 35-46 UNIT 2 produced?
- RIO CONCHO 35-46 UNIT 2 has reported 514,796 barrels of oil (bbl) to the Railroad Commission of Texas between March 2026 and August 2026, from 9 wellbores.
- How much is RIO CONCHO 35-46 UNIT 2 worth?
- The remaining production from RIO CONCHO 35-46 UNIT 2 is estimated to be worth about $709.7M in total as of 26 August 2026, within a range of $581.9M to $837.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIO CONCHO 35-46 UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production RIO CONCHO 35-46 UNIT 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIO CONCHO 35-46 UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does RIO CONCHO 35-46 UNIT 2 generate in a year?
- RIO CONCHO 35-46 UNIT 2 is forecast to net about $134.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIO CONCHO 35-46 UNIT 2 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 65100 |
| Wellbores | 9 |
| Reported production | 514,796 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $709.7M |
Where RIO CONCHO 35-46 UNIT 2 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.