THE PREACHER
THE PREACHER is a Texas oil lease in Reeves 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 2022 to August 2026, totalling 27,898 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 $923K, with roughly $528K 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 982 barrels a month. Its strongest month on the record we hold was July 2025, at 1,530 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 THE PREACHER
- Who operates THE PREACHER?
- THE PREACHER is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is THE PREACHER?
- THE PREACHER is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57325.
- Is THE PREACHER still producing?
- THE PREACHER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THE PREACHER is August 2026.
- How much has THE PREACHER produced?
- THE PREACHER has reported 27,898 barrels of oil (bbl) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is THE PREACHER worth?
- The remaining production from THE PREACHER is estimated to be worth about $923K in total as of 27 August 2026, within a range of $720K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THE PREACHER is a fraction of it. The estimate fits an Arps decline curve to the production THE PREACHER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THE PREACHER is an estimate of value, not an offer and not an appraisal.
- How much income does THE PREACHER generate in a year?
- THE PREACHER is forecast to net about $528K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THE PREACHER 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 | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 57325 |
| Wellbores | 1 |
| Reported production | 27,898 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $923K |
Where THE PREACHER 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.