We investigate the potentially observable prompt or delayed X-ray spectral
features from the currently popular gamma-ray burst (GRB) models. During th
e evolution of many GRB progenitors, a disk around the central GRB source i
s produced. Shock heating as the GRB ejecta collide with the disk may produ
ce observable X-ray features. We first summarize predictions deduced from p
revious calculations that invoke photoionization and relativistic blast wav
es. We then calculate the quasi-thermal X-ray line features produced assumi
ng the ejecta are nonrelativistic (which is more likely for the disk intera
ctions of many GRB models). In the framework of the hypernova/collapsar mod
el, delayed (a few days to several months after the GRB) bursts of line-dom
inated, thermal X-ray emission may be expected. The Hemerger scenario predi
cts similar X-ray emission-line bursts less than or similar to a few days a
fter the GRB. These X-ray signatures should be observable with Chandra and
XMM-Newton out to at least z similar to 1. Weak emission-line features less
than or similar to a few days after the GRB may also result from the "supr
anova" GRB scenario. In all three cases, significant X-ray absorption featu
res, in particular during the prompt GRB phase, are expected. No significan
t X-ray spectral features should result from compact-object binary mergers.