PATTON 34-39 C
PATTON 34-39 C is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 3 wellbores on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 596,787 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 $10.9M, with roughly $8.4M 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 31,959 barrels a month, about 10,653 per wellbore. Its strongest month on the record we hold was March 2025, at 73,423 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 PATTON 34-39 C
- Who operates PATTON 34-39 C?
- PATTON 34-39 C is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is PATTON 34-39 C?
- PATTON 34-39 C is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63060.
- Is PATTON 34-39 C still producing?
- PATTON 34-39 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATTON 34-39 C is August 2026.
- How much has PATTON 34-39 C produced?
- PATTON 34-39 C has reported 596,787 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 3 wellbores.
- How much is PATTON 34-39 C worth?
- The remaining production from PATTON 34-39 C is estimated to be worth about $10.9M in total as of 27 August 2026, within a range of $8.9M to $12.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATTON 34-39 C is a fraction of it. The estimate fits an Arps decline curve to the production PATTON 34-39 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATTON 34-39 C is an estimate of value, not an offer and not an appraisal.
- How much income does PATTON 34-39 C generate in a year?
- PATTON 34-39 C is forecast to net about $8.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PATTON 34-39 C 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63060 |
| Wellbores | 3 |
| Reported production | 596,787 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.9M |
Where PATTON 34-39 C 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.