STATE BIGGS 12-19 A
STATE BIGGS 12-19 A 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 October 2021 to August 2026, totalling 356,765 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 $21.6M, with roughly $4.9M 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 6,399 barrels a month. Its strongest month on the record we hold was December 2022, at 12,725 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 STATE BIGGS 12-19 A
- Who operates STATE BIGGS 12-19 A?
- STATE BIGGS 12-19 A is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is STATE BIGGS 12-19 A?
- STATE BIGGS 12-19 A is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56748.
- Is STATE BIGGS 12-19 A still producing?
- STATE BIGGS 12-19 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE BIGGS 12-19 A is August 2026.
- How much has STATE BIGGS 12-19 A produced?
- STATE BIGGS 12-19 A has reported 356,765 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is STATE BIGGS 12-19 A worth?
- The remaining production from STATE BIGGS 12-19 A is estimated to be worth about $21.6M in total as of 27 August 2026, within a range of $17.9M to $25.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE BIGGS 12-19 A is a fraction of it. The estimate fits an Arps decline curve to the production STATE BIGGS 12-19 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE BIGGS 12-19 A is an estimate of value, not an offer and not an appraisal.
- How much income does STATE BIGGS 12-19 A generate in a year?
- STATE BIGGS 12-19 A is forecast to net about $4.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE BIGGS 12-19 A 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 | 56748 |
| Wellbores | 1 |
| Reported production | 356,765 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.6M |
Where STATE BIGGS 12-19 A 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.