STATE ARDENNES UNIT
STATE ARDENNES UNIT is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 917,032 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 $16.0M, with roughly $4.0M 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 5,210 barrels a month, about 2,605 per wellbore. Its strongest month on the record we hold was August 2017, at 38,762 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 STATE ARDENNES UNIT
- Who operates STATE ARDENNES UNIT?
- STATE ARDENNES UNIT is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is STATE ARDENNES UNIT?
- STATE ARDENNES UNIT is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49953.
- Is STATE ARDENNES UNIT still producing?
- STATE ARDENNES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE ARDENNES UNIT is August 2026.
- How much has STATE ARDENNES UNIT produced?
- STATE ARDENNES UNIT has reported 917,032 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 2 wellbores.
- How much is STATE ARDENNES UNIT worth?
- The remaining production from STATE ARDENNES UNIT is estimated to be worth about $16.0M in total as of 27 August 2026, within a range of $13.3M to $18.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE ARDENNES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STATE ARDENNES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE ARDENNES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STATE ARDENNES UNIT generate in a year?
- STATE ARDENNES UNIT is forecast to net about $4.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE ARDENNES UNIT 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 | Ward County, Texas |
| RRC district | 08 |
| Lease number | 49953 |
| Wellbores | 2 |
| Reported production | 917,032 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.0M |
Where STATE ARDENNES UNIT 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.