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Texas oil lease

Producing

ALTAI 24-23 B

Altai 24-23 B is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

76,126bbl oil, last 12 months−7% vs prior year
Operator
Diamondback E&P LLC
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-57342

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
147,219 mcf
Oil in Jul 2026
5,563 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: BRAZOS MIDSTREAM OPERATING, LLC, 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.

See why checks stop on this lease

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for ALTAI 24-23 B, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 76,126 bbl in the 12 months through Jul 2026, against 81,829 bbl in the 12 months before.Last 12 months: 76,126 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for ALTAI 24-23 B, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 76,126 bbl in the 12 months through Jul 2026, against 81,829 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

96% of the gas went to a transmission line in the last 12 months

Flaring peaked at 20.6% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the last 12 monthsShare of ALTAI 24-23 B gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.6% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of ALTAI 24-23 B gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.6% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 20.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 140,810 mcf

  • Flared (4)

    3.2% · 4,758 mcf

  • Lease fuel (1)

    1.1% · 1,651 mcf

3.2% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on ALTAI 24-23 B
API numberWell no.Status
42-389-393844WAActive

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 gasBuys50Nov 1, 2025–
Kinetik Holdings LPCasinghead gasBuys50Nov 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasGathers50Nov 1, 2025–
Kinetik Holdings LPCasinghead gasGathers50Nov 1, 2025–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Oct 20, 2022Nov 1, 2025
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Oct 20, 2022Nov 1, 2025
Diamondback E&P LLCOilGathers100Oct 20, 2022Nov 1, 2025
Rattler Midstream Operating LLCOilGathers100Dec 21, 2021Oct 20, 2022

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

Who buys my oilOil price check

1,284.50 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Altai 24-23 B
API numberWell no.Acreson the permit
42-389-393844WA1,284.50

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 24-23 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,5635,6049,7418,5901,151$80.46$2.89
Jun 20265,8035,8329,5557,5301,972$84.81$3.15
May 20266,2296,23312,78712,6400$102.13$2.94
Apr 20266,3856,45117,86817,432230$100.32$2.77
Mar 20265,9295,79314,80314,6100$91.38$3.04
Feb 20265,5855,69611,79811,6490$64.51$3.62
Jan 20266,0426,14411,93311,7580$60.04$7.72
Dec 20256,5096,42510,94110,7890$57.97$4.26
Nov 20256,7116,77010,69610,5670$60.06$3.79
Oct 20257,5097,33212,75711,2771,327$60.89$3.19
Sep 20256,5246,52110,23910,09415$63.96$2.97
Aug 20257,3377,46514,10113,87463$64.86$2.91
Jul 20256,0235,97615,53215,149201$68.39$3.20
Jun 20254,1564,32910,82810,6980$68.17$3.02
May 20254,9284,67912,98312,8330$62.17$3.12
Apr 20255,4645,46611,15111,0250$63.54$3.42
Mar 20256,7426,75911,01410,8910$68.24$4.12
Feb 20256,5566,53910,14010,0350$71.53$4.19
Jan 20256,8176,80112,56612,225220$75.74$4.13
Dec 20247,3367,40415,00214,8670$70.12$3.01
Nov 20247,7117,68115,25815,09237$69.95$2.12
Oct 20247,7817,77517,37217,2330$71.99$2.20
Sep 20248,9258,86016,15816,0230$70.24$2.28
Aug 20249,3909,43116,76116,6240$76.68$1.99
Jul 20248,4518,54518,19718,0490$81.80$2.07
Jun 20248,1408,03815,91215,7860$79.77$2.54
May 202412,64112,73819,48619,3280$80.02$2.12
Apr 20248,6228,44920,47020,3100$85.35$1.60
Mar 20249,99310,02519,78919,6490$81.28$1.49
Feb 20248,8948,89617,15816,99637$77.25$1.72
Jan 202412,25112,26620,87620,7290$74.15$3.18
Dec 202310,86510,95320,25120,0220$71.90$2.52
Nov 202311,01510,95822,65621,459472$77.69$2.71
Oct 202311,50211,53725,14524,1810$85.64$2.98
Sep 202310,85611,12620,77219,7670$89.43$2.64
Aug 202311,92711,59225,64424,5970$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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