ELDORADO STATE C19-20
ELDORADO STATE C19-20 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 462,037 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 $9.6M, with roughly $3.0M 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 4,264 barrels a month, about 2,132 per wellbore. Its strongest month on the record we hold was April 2021, at 36,474 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 ELDORADO STATE C19-20
- Who operates ELDORADO STATE C19-20?
- ELDORADO STATE C19-20 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is ELDORADO STATE C19-20?
- ELDORADO STATE C19-20 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54389.
- Is ELDORADO STATE C19-20 still producing?
- ELDORADO STATE C19-20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELDORADO STATE C19-20 is August 2026.
- How much has ELDORADO STATE C19-20 produced?
- ELDORADO STATE C19-20 has reported 462,037 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 2 wellbores.
- How much is ELDORADO STATE C19-20 worth?
- The remaining production from ELDORADO STATE C19-20 is estimated to be worth about $9.6M in total as of 26 August 2026, within a range of $8.0M to $11.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELDORADO STATE C19-20 is a fraction of it. The estimate fits an Arps decline curve to the production ELDORADO STATE C19-20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELDORADO STATE C19-20 is an estimate of value, not an offer and not an appraisal.
- How much income does ELDORADO STATE C19-20 generate in a year?
- ELDORADO STATE C19-20 is forecast to net about $3.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELDORADO STATE C19-20 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 54389 |
| Wellbores | 2 |
| Reported production | 462,037 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.6M |
Where ELDORADO STATE C19-20 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.