REDCLOUD 3-5 UNIT
REDCLOUD 3-5 UNIT is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 200,788 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 $1.2M, with roughly $183K 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 96 barrels a month. Its strongest month on the record we hold was June 2019, at 15,151 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 REDCLOUD 3-5 UNIT
- Who operates REDCLOUD 3-5 UNIT?
- REDCLOUD 3-5 UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is REDCLOUD 3-5 UNIT?
- REDCLOUD 3-5 UNIT is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52139.
- Is REDCLOUD 3-5 UNIT still producing?
- REDCLOUD 3-5 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDCLOUD 3-5 UNIT is August 2026.
- How much has REDCLOUD 3-5 UNIT produced?
- REDCLOUD 3-5 UNIT has reported 200,788 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 1 wellbore.
- How much is REDCLOUD 3-5 UNIT worth?
- The remaining production from REDCLOUD 3-5 UNIT is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $671K to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDCLOUD 3-5 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production REDCLOUD 3-5 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDCLOUD 3-5 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does REDCLOUD 3-5 UNIT generate in a year?
- REDCLOUD 3-5 UNIT is forecast to net about $183K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REDCLOUD 3-5 UNIT 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 | 52139 |
| Wellbores | 1 |
| Reported production | 200,788 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where REDCLOUD 3-5 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.