TRAILAND B UNIT
TRAILAND B UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 14 wellbores on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 3,309,385 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 $25.5M, with roughly $6.8M 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 7,887 barrels a month, about 563 per wellbore. Its strongest month on the record we hold was August 2019, at 234,853 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 TRAILAND B UNIT
- Who operates TRAILAND B UNIT?
- TRAILAND B UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is TRAILAND B UNIT?
- TRAILAND B UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51664.
- Is TRAILAND B UNIT still producing?
- TRAILAND B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRAILAND B UNIT is August 2026.
- How much has TRAILAND B UNIT produced?
- TRAILAND B UNIT has reported 3,309,385 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 14 wellbores.
- How much is TRAILAND B UNIT worth?
- The remaining production from TRAILAND B UNIT is estimated to be worth about $25.5M in total as of 26 August 2026, within a range of $21.2M to $29.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRAILAND B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TRAILAND B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRAILAND B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TRAILAND B UNIT generate in a year?
- TRAILAND B UNIT is forecast to net about $6.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRAILAND B UNIT 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 | 51664 |
| Wellbores | 14 |
| Reported production | 3,309,385 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25.5M |
Where TRAILAND B UNIT 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.