DIK DIK 18
DIK DIK 18 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 168,660 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 $1.1M, with roughly $223K 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 279 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was May 2016, at 2,019 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 DIK DIK 18
- Who operates DIK DIK 18?
- DIK DIK 18 is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is DIK DIK 18?
- DIK DIK 18 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43632.
- Is DIK DIK 18 still producing?
- DIK DIK 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIK DIK 18 is August 2026.
- How much has DIK DIK 18 produced?
- DIK DIK 18 has reported 168,660 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 4 wellbores.
- How much is DIK DIK 18 worth?
- The remaining production from DIK DIK 18 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $843K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIK DIK 18 is a fraction of it. The estimate fits an Arps decline curve to the production DIK DIK 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIK DIK 18 is an estimate of value, not an offer and not an appraisal.
- How much income does DIK DIK 18 generate in a year?
- DIK DIK 18 is forecast to net about $223K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIK DIK 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 43632 |
| Wellbores | 4 |
| Reported production | 168,660 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where DIK DIK 18 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.