TARGET D
TARGET D is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 352,311 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 $150K, with roughly $139K 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 516 barrels a month. Its strongest month on the record we hold was August 2016, at 36,388 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 TARGET D
- Who operates TARGET D?
- TARGET D is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is TARGET D?
- TARGET D is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47951.
- Is TARGET D still producing?
- TARGET D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TARGET D is August 2026.
- How much has TARGET D produced?
- TARGET D has reported 352,311 barrels of oil (bbl) to the Railroad Commission of Texas between July 2016 and August 2026, from 1 wellbore.
- How much is TARGET D worth?
- The remaining production from TARGET D is estimated to be worth about $150K in total as of 27 August 2026, within a range of $117K to $183K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TARGET D is a fraction of it. The estimate fits an Arps decline curve to the production TARGET D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TARGET D is an estimate of value, not an offer and not an appraisal.
- How much income does TARGET D generate in a year?
- TARGET D is forecast to net about $139K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TARGET D 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 | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 47951 |
| Wellbores | 1 |
| Reported production | 352,311 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $150K |
Where TARGET D 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.