MCINTYRE STATE 38
MCINTYRE STATE 38 is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 507,942 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 $542K 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 709 barrels a month, about 354 per wellbore. Its strongest month on the record we hold was April 2017, at 22,562 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 MCINTYRE STATE 38
- Who operates MCINTYRE STATE 38?
- MCINTYRE STATE 38 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MCINTYRE STATE 38?
- MCINTYRE STATE 38 is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49240.
- Is MCINTYRE STATE 38 still producing?
- MCINTYRE STATE 38 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCINTYRE STATE 38 is August 2026.
- How much has MCINTYRE STATE 38 produced?
- MCINTYRE STATE 38 has reported 507,942 barrels of oil (bbl) to the Railroad Commission of Texas between June 2016 and August 2026, from 2 wellbores.
- How much is MCINTYRE STATE 38 worth?
- The remaining production from MCINTYRE STATE 38 is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $1.9M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCINTYRE STATE 38 is a fraction of it. The estimate fits an Arps decline curve to the production MCINTYRE STATE 38 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCINTYRE STATE 38 is an estimate of value, not an offer and not an appraisal.
- How much income does MCINTYRE STATE 38 generate in a year?
- MCINTYRE STATE 38 is forecast to net about $542K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCINTYRE STATE 38 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 49240 |
| Wellbores | 2 |
| Reported production | 507,942 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where MCINTYRE STATE 38 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.