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Texas oil lease

Producing

ALTAI 23

Altai 23 is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

2 wells

58,343bbl oil, last 12 months−45% vs prior year
Operator
Diamondback E&P LLC
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-56710

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
126,559 mcf
Oil in Jul 2026
5,226 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on Nov 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for ALTAI 23, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 58,343 bbl in the 12 months through Jul 2026, against 106,142 bbl in the 12 months before.Last 12 months: 58,343 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for ALTAI 23, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 58,343 bbl in the 12 months through Jul 2026, against 106,142 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the last 12 months

Flaring peaked at 20.7% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a transmission line in the last 12 monthsShare of ALTAI 23 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.7% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a transmission line in the last 12 monthsShare of ALTAI 23 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.7% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 20.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 119,084 mcf

  • Flared (4)

    4.9% · 6,191 mcf

  • Lease fuel (1)

    1.0% · 1,284 mcf

4.9% of the gas flared in the last 12 months. 3 months above 3%.

2 wells on this lease

Wells on ALTAI 23
API numberWell no.Status
42-389-393431BSActive
42-389-393452WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Nov 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasBuys50Jul 31, 2021–
Kinetik Holdings LPCasinghead gasBuys50Nov 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasGathers50Jul 31, 2021–
Kinetik Holdings LPCasinghead gasGathers50Nov 1, 2025–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers50Jul 31, 2021Nov 1, 2025
Eagleclaw Midstream Ventures,llcCasinghead gasBuys50Jul 31, 2021Nov 1, 2025
Diamondback E&P LLCOilGathers50Jul 31, 2021Nov 1, 2025
Explore Logistics LLCOilGathers50Mar 23, 2022Nov 1, 2025
Oasis Transp & Marketing Corp.OilGathers50Jul 31, 2021Mar 23, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

640 acres on the newest permit

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Permits for Altai 23
API numberWell no.Acreson the permit
42-389-393431BS640
42-389-393452WA640

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for ALTAI 23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,2265,24715,12013,3321,788$80.46$2.89
Jun 20264,7984,82515,93612,5553,293$84.81$3.15
May 20265,2505,24714,39814,2320$102.13$2.94
Apr 20265,1855,2393,8883,79350$100.32$2.77
Mar 20264,8184,7116,3126,2300$91.38$3.04
Feb 20264,6474,7419,4799,3590$64.51$3.62
Jan 20265,0975,1529,1318,9970$60.04$7.72
Dec 20254,8624,7799,8429,7060$57.97$4.26
Nov 20254,4714,50212,76112,6070$60.06$3.79
Oct 20254,8114,7069,6228,5061,001$60.89$3.19
Sep 20254,5764,56410,23510,09015$63.96$2.97
Aug 20254,6024,7939,8359,67744$64.86$2.91
Jul 20256,3896,5706,2236,07080$68.39$3.20
Jun 20259,0799,36310,13210,0100$68.17$3.02
May 20259,5459,01511,36611,2340$62.17$3.12
Apr 20258,5598,51515,93315,7530$63.54$3.42
Mar 20258,1218,12617,50917,3130$68.24$4.12
Feb 20257,2847,29318,19118,0030$71.53$4.19
Jan 20258,9598,93120,66020,100362$75.74$4.13
Dec 20249,2389,31719,00618,8350$70.12$3.01
Nov 20249,4609,44619,95919,74248$69.95$2.12
Oct 202410,71210,65522,67322,4920$71.99$2.20
Sep 20249,2809,21019,83319,6680$70.24$2.28
Aug 20249,5169,59620,99320,8210$76.68$1.99
Jul 202411,17111,33619,43019,2720$81.80$2.07
Jun 202412,29912,02415,11214,9940$79.77$2.54
May 20245,9556,22215,48515,3580$80.02$2.12
Apr 202413,04012,77523,14022,8710$85.35$1.60
Mar 202413,90113,94220,75020,5450$81.28$1.49
Feb 202411,99611,96119,80719,62142$77.25$1.72
Jan 202410,24610,27819,78119,6410$74.15$3.18
Dec 202311,54311,64023,73723,5730$71.90$2.52
Nov 202311,91611,84824,07123,410516$77.69$2.71
Oct 202311,88111,92227,25527,0460$85.64$2.98
Sep 202311,50011,81824,08523,1750$89.43$2.64
Aug 202313,56613,19726,76825,7180$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldHoefs T-K (Wolfcamp)CountyReeves County

Diamondback E&P LLC in Reeves County

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Hoefs T-K (Wolfcamp) field

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