STUDLEY DN EAST M 21-30
STUDLEY DN EAST M 21-30 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De IV Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2024 to August 2026, totalling 155,569 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 $1.0M 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 2,344 barrels a month. Its strongest month on the record we hold was August 2024, at 32,726 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 STUDLEY DN EAST M 21-30
- Who operates STUDLEY DN EAST M 21-30?
- STUDLEY DN EAST M 21-30 is operated by De IV Operating, LLC, Railroad Commission of Texas operator number 100168.
- Where is STUDLEY DN EAST M 21-30?
- STUDLEY DN EAST M 21-30 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22693.
- Is STUDLEY DN EAST M 21-30 still producing?
- STUDLEY DN EAST M 21-30 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STUDLEY DN EAST M 21-30 is August 2026.
- How much has STUDLEY DN EAST M 21-30 produced?
- STUDLEY DN EAST M 21-30 has reported 155,569 barrels of oil (bbl) to the Railroad Commission of Texas between March 2024 and August 2026, from 1 wellbore.
- How much is STUDLEY DN EAST M 21-30 worth?
- The remaining production from STUDLEY DN EAST M 21-30 is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STUDLEY DN EAST M 21-30 is a fraction of it. The estimate fits an Arps decline curve to the production STUDLEY DN EAST M 21-30 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STUDLEY DN EAST M 21-30 is an estimate of value, not an offer and not an appraisal.
- How much income does STUDLEY DN EAST M 21-30 generate in a year?
- STUDLEY DN EAST M 21-30 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STUDLEY DN EAST M 21-30 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De IV Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22693 |
| Wellbores | 1 |
| Reported production | 155,569 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where STUDLEY DN EAST M 21-30 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.