XANADU 31
XANADU 31 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 April 2021 to August 2026, totalling 108,780 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 $4.4M, with roughly $986K 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 1,492 barrels a month. Its strongest month on the record we hold was December 2021, at 5,137 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 XANADU 31
- Who operates XANADU 31?
- XANADU 31 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is XANADU 31?
- XANADU 31 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55594.
- Is XANADU 31 still producing?
- XANADU 31 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for XANADU 31 is August 2026.
- How much has XANADU 31 produced?
- XANADU 31 has reported 108,780 barrels of oil (bbl) to the Railroad Commission of Texas between April 2021 and August 2026, from 1 wellbore.
- How much is XANADU 31 worth?
- The remaining production from XANADU 31 is estimated to be worth about $4.4M in total as of 27 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in XANADU 31 is a fraction of it. The estimate fits an Arps decline curve to the production XANADU 31 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for XANADU 31 is an estimate of value, not an offer and not an appraisal.
- How much income does XANADU 31 generate in a year?
- XANADU 31 is forecast to net about $986K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in XANADU 31 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Peart (Barnett) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 55594 |
| Wellbores | 1 |
| Reported production | 108,780 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where XANADU 31 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.