SOTO 43-7 (ALLOC-3SH)

SOTO 43-7 (ALLOC-3SH) 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 October 2020 to August 2026, totalling 332,852 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 $412K, with roughly $306K 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 1,133 barrels a month. Its strongest month on the record we hold was May 2021, at 30,309 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 SOTO 43-7 (ALLOC-3SH)

Who operates SOTO 43-7 (ALLOC-3SH)?: SOTO 43-7 (ALLOC-3SH) is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
Where is SOTO 43-7 (ALLOC-3SH)?: SOTO 43-7 (ALLOC-3SH) is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55624.
Is SOTO 43-7 (ALLOC-3SH) still producing?: SOTO 43-7 (ALLOC-3SH) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOTO 43-7 (ALLOC-3SH) is August 2026.
How much has SOTO 43-7 (ALLOC-3SH) produced?: SOTO 43-7 (ALLOC-3SH) has reported 332,852 barrels of oil (bbl) to the Railroad Commission of Texas between October 2020 and August 2026, from 1 wellbore.
How much is SOTO 43-7 (ALLOC-3SH) worth?: The remaining production from SOTO 43-7 (ALLOC-3SH) is estimated to be worth about $412K in total as of 27 August 2026, within a range of $342K to $481K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOTO 43-7 (ALLOC-3SH) is a fraction of it. The estimate fits an Arps decline curve to the production SOTO 43-7 (ALLOC-3SH) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOTO 43-7 (ALLOC-3SH) is an estimate of value, not an offer and not an appraisal.
How much income does SOTO 43-7 (ALLOC-3SH) generate in a year?: SOTO 43-7 (ALLOC-3SH) is forecast to net about $306K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOTO 43-7 (ALLOC-3SH) receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SOTO 43-7 (ALLOC-3SH) as filed with the Railroad Commission of Texas
Operator	Diamondback E&P LLC
Field	Spraberry (Trend Area) R 40 Exc
County	Martin County, Texas
RRC district	08
Lease number	55624
Wellbores	1
Reported production	332,852 bbl
First reported	October 2020
Last reported	August 2026
Estimated royalty value	$412K

Where SOTO 43-7 (ALLOC-3SH) sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.