DIANA149 "B"
DIANA149 "B" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2009 to August 2026, totalling 17,469 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 $174K, with roughly $31K 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 16 barrels a month. Its strongest month on the record we hold was March 2019, at 127 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 DIANA149 "B"
- Who operates DIANA149 "B"?
- DIANA149 "B" is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is DIANA149 "B"?
- DIANA149 "B" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16964.
- Is DIANA149 "B" still producing?
- DIANA149 "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIANA149 "B" is August 2026.
- How much has DIANA149 "B" produced?
- DIANA149 "B" has reported 17,469 barrels of oil (bbl) to the Railroad Commission of Texas between July 2009 and August 2026, from 1 wellbore.
- How much is DIANA149 "B" worth?
- The remaining production from DIANA149 "B" is estimated to be worth about $174K in total as of 26 August 2026, within a range of $96K to $253K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIANA149 "B" is a fraction of it. The estimate fits an Arps decline curve to the production DIANA149 "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIANA149 "B" is an estimate of value, not an offer and not an appraisal.
- How much income does DIANA149 "B" generate in a year?
- DIANA149 "B" is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIANA149 "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16964 |
| Wellbores | 1 |
| Reported production | 17,469 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $174K |
Where DIANA149 "B" 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.