ST-ST RR P
ST-ST RR P is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 496,259 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 $2.4M, with roughly $809K 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 901 barrels a month. Its strongest month on the record we hold was December 2017, at 43,389 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 ST-ST RR P
- Who operates ST-ST RR P?
- ST-ST RR P is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is ST-ST RR P?
- ST-ST RR P is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50870.
- Is ST-ST RR P still producing?
- ST-ST RR P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ST-ST RR P is August 2026.
- How much has ST-ST RR P produced?
- ST-ST RR P has reported 496,259 barrels of oil (bbl) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is ST-ST RR P worth?
- The remaining production from ST-ST RR P is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ST-ST RR P is a fraction of it. The estimate fits an Arps decline curve to the production ST-ST RR P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ST-ST RR P is an estimate of value, not an offer and not an appraisal.
- How much income does ST-ST RR P generate in a year?
- ST-ST RR P is forecast to net about $809K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ST-ST RR P 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 | 50870 |
| Wellbores | 1 |
| Reported production | 496,259 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where ST-ST RR P 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.