WARFIELD WEST I
WARFIELD WEST I 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 January 2019 to August 2026, totalling 431,894 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 $1.6M, with roughly $710K 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 1,153 barrels a month. Its strongest month on the record we hold was February 2019, at 46,441 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 WARFIELD WEST I
- Who operates WARFIELD WEST I?
- WARFIELD WEST I is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is WARFIELD WEST I?
- WARFIELD WEST I is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53449.
- Is WARFIELD WEST I still producing?
- WARFIELD WEST I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARFIELD WEST I is August 2026.
- How much has WARFIELD WEST I produced?
- WARFIELD WEST I has reported 431,894 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 1 wellbore.
- How much is WARFIELD WEST I worth?
- The remaining production from WARFIELD WEST I is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.4M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARFIELD WEST I is a fraction of it. The estimate fits an Arps decline curve to the production WARFIELD WEST I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARFIELD WEST I is an estimate of value, not an offer and not an appraisal.
- How much income does WARFIELD WEST I generate in a year?
- WARFIELD WEST I is forecast to net about $710K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WARFIELD WEST I 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 | 53449 |
| Wellbores | 1 |
| Reported production | 431,894 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where WARFIELD WEST I 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.