GREAT DIVIDE B
GREAT DIVIDE B is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Discovery Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 778,228 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 $12.7M, with roughly $4.2M 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 7,890 barrels a month, about 2,630 per wellbore. Its strongest month on the record we hold was February 2024, at 25,715 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 GREAT DIVIDE B
- Who operates GREAT DIVIDE B?
- GREAT DIVIDE B is operated by Discovery Operating, Inc., Railroad Commission of Texas operator number 220865.
- Where is GREAT DIVIDE B?
- GREAT DIVIDE B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56059.
- Is GREAT DIVIDE B still producing?
- GREAT DIVIDE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREAT DIVIDE B is August 2026.
- How much has GREAT DIVIDE B produced?
- GREAT DIVIDE B has reported 778,228 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 3 wellbores.
- How much is GREAT DIVIDE B worth?
- The remaining production from GREAT DIVIDE B is estimated to be worth about $12.7M in total as of 26 August 2026, within a range of $10.5M to $14.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREAT DIVIDE B is a fraction of it. The estimate fits an Arps decline curve to the production GREAT DIVIDE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREAT DIVIDE B is an estimate of value, not an offer and not an appraisal.
- How much income does GREAT DIVIDE B generate in a year?
- GREAT DIVIDE B is forecast to net about $4.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREAT DIVIDE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 56059 |
| Wellbores | 3 |
| Reported production | 778,228 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.7M |
Where GREAT DIVIDE B 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.