TIBOR 11-2 E
TIBOR 11-2 E 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 March 2025 to August 2026, totalling 146,565 barrels. The lease is intermittent. 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 $2.6M, 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 11,516 barrels a month. Its strongest month on the record we hold was October 2025, at 30,188 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TIBOR 11-2 E
- Who operates TIBOR 11-2 E?
- TIBOR 11-2 E is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is TIBOR 11-2 E?
- TIBOR 11-2 E is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63705.
- Is TIBOR 11-2 E still producing?
- TIBOR 11-2 E is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TIBOR 11-2 E is August 2026.
- How much has TIBOR 11-2 E produced?
- TIBOR 11-2 E has reported 146,565 barrels of oil (bbl) to the Railroad Commission of Texas between March 2025 and August 2026, from 1 wellbore.
- How much is TIBOR 11-2 E worth?
- The remaining production from TIBOR 11-2 E is estimated to be worth about $2.6M in total as of 26 August 2026, within a range of $2.2M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIBOR 11-2 E is a fraction of it. The estimate fits an Arps decline curve to the production TIBOR 11-2 E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIBOR 11-2 E is an estimate of value, not an offer and not an appraisal.
- How much income does TIBOR 11-2 E generate in a year?
- TIBOR 11-2 E is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIBOR 11-2 E 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 | 63705 |
| Wellbores | 1 |
| Reported production | 146,565 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where TIBOR 11-2 E 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.