Skip to content
Royalty Clerk

Texas oil lease · RRC district 08 · Lease 41978

No report in 6+ months

AYERS UNIT "24"

Ayers Unit "24" is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 60,225 bbl of oil in the 12 months through Apr 2022.

Oil lease dossier · 3 wells

60,225bbl oil, last 12 months−47% vs prior year
Operator
Diamondback E&P LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-41978

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Gas, last 12 months
299,393 mcf
Oil in Apr 2022
0 bbl
Reporting to the state
since Jan 2020
Wells
3

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 47% over the last 12 months

60,225 bbl in the 12 months through Apr 2022, against 112,629 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for AYERS UNIT "24", Jan 2020 to Apr 2022. Oil output fell 47% over the last 12 months. 60,225 bbl in the 12 months through Apr 2022, against 112,629 bbl in the 12 months before.Last 12 months: 60,225 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 20AprJulOctJan 21AprJulOctJan 22Apr
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for AYERS UNIT "24", Jan 2020 to Apr 2022. Oil output fell 47% over the last 12 months. 60,225 bbl in the 12 months through Apr 2022, against 112,629 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 20JulJan 21JulJan 22

SourceTexas Railroad Commission Production Data Query, oil lease 41978, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

97% of the gas went to a transmission line in the last 12 months

Flaring peaked at 24.7% of the gas in Aug 2020.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a transmission line in the last 12 monthsShare of AYERS UNIT "24" gas by disposition code each month, Jan 2020 to Apr 2022. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 24.7% of the gas in Aug 2020.Share of the lease’s gas by disposition code, per month0%50%100%Flared 24.7%Jan 20AprJulOctJan 21AprJulOctJan 22Apr
97% of the gas went to a transmission line in the last 12 monthsShare of AYERS UNIT "24" gas by disposition code each month, Jan 2020 to Apr 2022. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 24.7% of the gas in Aug 2020.Share of gas by disposition code0%50%100%Flared 24.7%Jan 20JulJan 21JulJan 22

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 41978, district 08. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 2.5% of the gas was flared. 6 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Diamondback E&P LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Apr 2022202020212022Diamondback E&P LLCJan 2020 to nowthrough Apr 2022
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Apr 2022202020212022Diamondback E&P LLCJan 2020 to nowthrough Apr 2022

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

3 wells on this lease

Every well the Railroad Commission links to oil lease 41978 in district 08. The API number is the state’s ID for a well.
Wells on AYERS UNIT "24"
API numberWell no.Status
42-389-326861HActive
42-389-360342WAActive
42-389-360353WBActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 41978.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Explore Logistics LLC gathers it.

    100% of it, on the list since Nov 1, 2021

Companies that used to be listed: Eagleclaw Midstream Ventures,llc (gathers it, until Nov 1, 2021); Eagleclaw Midstream Ventures,llc (buys it, until Nov 1, 2021); Diamondback E&P LLC (gathers it, until Nov 1, 2021); Oasis Transp & Marketing Corp. (gathers it, until Nov 1, 2021); Cp Energy, L.l.c. (gathers it, until May 1, 2020); Shell Trading (Us) Company (gathers it, until Mar 1, 2019).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

644.50 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
33 not plugged
Horizontal
3
First completion
Jun 27, 2011
Latest permit
Jan 26, 2022
Wells and acres on the permits for Ayers Unit "24"
API numberWell no.Acreson the permit
42-389-326861H644.50
42-389-360342WA644.50
42-389-360353WB644.50

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says AYERS UNIT "24" sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

28 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for AYERS UNIT "24"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Apr 2022Diamondback E&P00000$101.78$6.60
Mar 2022Diamondback E&P00000$108.50$4.90
Feb 2022Diamondback E&P00000$91.64$4.69
Jan 2022Diamondback E&P00000$83.22$4.38
Dec 2021Diamondback E&P7,5468,05930,40430,32876$71.71$3.76
Nov 2021Diamondback E&P4,9194,89030,27930,2790$79.15$5.05
Oct 2021Diamondback E&P7,5377,62537,51437,303211$81.48$5.51
Sep 2021Diamondback E&P7,3267,49237,58737,482105$71.65$5.16
Aug 2021Diamondback E&P8,0257,80439,73039,531199$67.73$4.07
Jul 2021Diamondback E&P7,8947,98941,12841,09632$72.49$3.84
Jun 2021Diamondback E&P8,3858,08140,19339,1701,023$71.38$3.26
May 2021Diamondback E&P8,5938,88642,55842,138420$65.17$2.91
Apr 2021Diamondback E&P8,7818,83541,60634,6986,908$61.72$2.66
Mar 2021Diamondback E&P9,8929,96643,52843,5280$62.33$2.62
Feb 2021Diamondback E&P7,9847,83622,14920,2051,944$59.04$5.35
Jan 2021Diamondback E&P8,4458,34329,08428,895189$52.00$2.71
Dec 2020Diamondback E&P7,2527,20128,48527,1891,296$47.02$2.58
Nov 2020Diamondback E&P8,3388,15629,27229,022250$40.94$2.61
Oct 2020Diamondback E&P8,8649,21731,78529,4702,315$39.40$2.39
Sep 2020Diamondback E&P9,5189,25531,24130,378863$39.63$1.92
Aug 2020Diamondback E&P10,23610,28634,54026,0148,526$42.34$2.30
Jul 2020Diamondback E&P10,37410,51028,78624,6934,093$40.71$1.76
Jun 2020Diamondback E&P11,71711,66536,33335,924392$38.31$1.63
May 2020Diamondback E&P11,22811,37336,84236,8420$28.56$1.75
Apr 2020Diamondback E&P11,28211,15534,09934,0990$16.55$1.74
Mar 2020Diamondback E&P10,85111,45223,64623,6460$29.21$1.79
Feb 2020Diamondback E&P11,72011,24934,20733,660547$50.54$1.91
Jan 2020Diamondback E&P12,98612,72839,05338,121374$57.52$2.02

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for AYERS UNIT "24". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Diamondback E&P LLC.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorDiamondback E&P LLCFieldPhantom (Wolfcamp)CountyReeves County

Diamondback E&P LLC in Reeves County

All Diamondback E&P LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Apr 2022?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 41978, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about AYERS UNIT "24"

Who operates the AYERS UNIT "24" lease?

The Railroad Commission lists Diamondback E&P LLC (operator number 217012) as the operator of this lease in Reeves County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the AYERS UNIT "24" lease produced?

The lease reported 60,225 bbl of oil and 299,393 mcf of gas in the last 12 months through Apr 2022. Monthly figures for 28 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

Check my statement