MOJO 4837
MOJO 4837 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 November 2022 to August 2026, totalling 245,830 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 $11.3M, with roughly $2.9M 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 4,217 barrels a month. Its strongest month on the record we hold was April 2023, at 19,225 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 MOJO 4837
- Who operates MOJO 4837?
- MOJO 4837 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MOJO 4837?
- MOJO 4837 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59207.
- Is MOJO 4837 still producing?
- MOJO 4837 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOJO 4837 is August 2026.
- How much has MOJO 4837 produced?
- MOJO 4837 has reported 245,830 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is MOJO 4837 worth?
- The remaining production from MOJO 4837 is estimated to be worth about $11.3M in total as of 26 August 2026, within a range of $9.4M to $13.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOJO 4837 is a fraction of it. The estimate fits an Arps decline curve to the production MOJO 4837 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOJO 4837 is an estimate of value, not an offer and not an appraisal.
- How much income does MOJO 4837 generate in a year?
- MOJO 4837 is forecast to net about $2.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOJO 4837 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 | 59207 |
| Wellbores | 1 |
| Reported production | 245,830 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.3M |
Where MOJO 4837 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.