HEADLEE 2920 G
HEADLEE 2920 G is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 33,364 barrels. The lease is intermittent. 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 $4.5M, with roughly $847K 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 547 barrels a month. Its strongest month on the record we hold was April 2026, at 6,450 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 HEADLEE 2920 G
- Who operates HEADLEE 2920 G?
- HEADLEE 2920 G is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is HEADLEE 2920 G?
- HEADLEE 2920 G is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58615.
- Is HEADLEE 2920 G still producing?
- HEADLEE 2920 G is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HEADLEE 2920 G is August 2026.
- How much has HEADLEE 2920 G produced?
- HEADLEE 2920 G has reported 33,364 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is HEADLEE 2920 G worth?
- The remaining production from HEADLEE 2920 G is estimated to be worth about $4.5M in total as of 26 August 2026, within a range of $3.5M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEADLEE 2920 G is a fraction of it. The estimate fits an Arps decline curve to the production HEADLEE 2920 G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEADLEE 2920 G is an estimate of value, not an offer and not an appraisal.
- How much income does HEADLEE 2920 G generate in a year?
- HEADLEE 2920 G is forecast to net about $847K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEADLEE 2920 G 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 | Ector County, Texas |
| RRC district | 08 |
| Lease number | 58615 |
| Wellbores | 1 |
| Reported production | 33,364 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where HEADLEE 2920 G 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.