MOJITO 17-87 F
MOJITO 17-87 F is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 191,719 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 $7.9M, with roughly $2.6M 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 5,465 barrels a month. Its strongest month on the record we hold was October 2024, at 32,065 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 MOJITO 17-87 F
- Who operates MOJITO 17-87 F?
- MOJITO 17-87 F is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MOJITO 17-87 F?
- MOJITO 17-87 F is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62464.
- Is MOJITO 17-87 F still producing?
- MOJITO 17-87 F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOJITO 17-87 F is August 2026.
- How much has MOJITO 17-87 F produced?
- MOJITO 17-87 F has reported 191,719 barrels of oil (bbl) to the Railroad Commission of Texas between September 2024 and August 2026, from 1 wellbore.
- How much is MOJITO 17-87 F worth?
- The remaining production from MOJITO 17-87 F is estimated to be worth about $7.9M in total as of 27 August 2026, within a range of $6.5M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOJITO 17-87 F is a fraction of it. The estimate fits an Arps decline curve to the production MOJITO 17-87 F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOJITO 17-87 F is an estimate of value, not an offer and not an appraisal.
- How much income does MOJITO 17-87 F generate in a year?
- MOJITO 17-87 F is forecast to net about $2.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOJITO 17-87 F 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 62464 |
| Wellbores | 1 |
| Reported production | 191,719 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where MOJITO 17-87 F 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.