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Texas oil lease

Producing

BANKER 70-71 D

Banker 70-71 D is an oil lease in Ward County, Texas, operated by Diamondback E&P LLC in the Phantom (Wolfcamp) field.

1 well

35,776bbl oil, last 12 months−37% vs prior year
Operator
Diamondback E&P LLC
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-58979

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
169,515 mcf
Oil in Jul 2026
2,869 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for BANKER 70-71 D, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 35,776 bbl in the 12 months through Jul 2026, against 56,759 bbl in the 12 months before.Last 12 months: 35,776 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for BANKER 70-71 D, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 35,776 bbl in the 12 months through Jul 2026, against 56,759 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 6.8% of the gas in Nov 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of BANKER 70-71 D gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.8% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of BANKER 70-71 D gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.8% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 6.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 168,047 mcf

  • Flared (4)

    0.7% · 1,198 mcf

  • Lease fuel (1)

    0.2% · 270 mcf

0.7% of the gas flared in the last 12 months. 6 months above 3%.

1 well on this lease

Wells on BANKER 70-71 D
API numberWell no.Status
42-475-384054TOActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Jan 1, 2024–
Indeca Crude Xpress, LLCOilGathers50Jan 1, 2024–
Kinetik Holdings LPCasinghead gasBuys100Jan 1, 2024–
Kinetik Holdings LPCasinghead gasGathers100Jan 1, 2024–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Mar 27, 2023Jan 1, 2024
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Mar 27, 2023Jan 1, 2024
Diamondback E&P LLCOilGathers100Mar 27, 2023Jan 1, 2024

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

Who buys my oilOil price check

1,280 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 Banker 70-71 D
API numberWell no.Acreson the permit
42-475-384054TO1,280

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 BANKER 70-71 D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8692,87113,86413,8088$80.46$2.89
Jun 20263,1643,16512,06211,784235$84.81$3.15
May 20263,2253,22012,37712,24590$102.13$2.94
Apr 20262,7832,78010,58010,5377$100.32$2.77
Mar 20263,1043,11214,45814,36545$91.38$3.04
Feb 20262,6822,69714,20214,1590$64.51$3.62
Jan 20263,0823,08914,56713,793764$60.04$7.72
Dec 20253,0493,05217,00917,0090$57.97$4.26
Nov 20253,5183,51315,26815,2680$60.06$3.79
Oct 20253,2053,19714,67514,63441$60.89$3.19
Sep 20252,4002,41312,37412,3740$63.96$2.97
Aug 20252,6952,69818,07918,0718$64.86$2.91
Jul 20252,8452,83419,25419,09266$68.39$3.20
Jun 20253,0102,99219,59719,391101$68.17$3.02
May 20253,3573,37019,66419,49870$62.17$3.12
Apr 20253,5013,47817,50016,834576$63.54$3.42
Mar 20253,9643,98022,07721,817157$68.24$4.12
Feb 20255,5135,51423,63423,376148$71.53$4.19
Jan 20255,5645,58825,38525,23149$75.74$4.13
Dec 20246,1816,15627,73427,216412$70.12$3.01
Nov 20246,4396,45528,67128,092475$69.95$2.12
Oct 20246,3476,39428,89927,6931,116$71.99$2.20
Sep 20246,0305,98731,21130,984155$70.24$2.28
Aug 20244,0084,00419,51119,38483$76.68$1.99
Jul 20243,9193,89419,14718,870225$81.80$2.07
Jun 20245,4175,47822,73422,185428$79.77$2.54
May 20245,9796,00727,50926,868507$80.02$2.12
Apr 20246,7236,68929,13828,853154$85.35$1.60
Mar 20246,4836,50331,21030,812267$81.28$1.49
Feb 20248,5848,56329,54127,4361,990$77.25$1.72
Jan 20249,2259,25037,68637,103440$74.15$3.18
Dec 20239,3249,37041,23740,325775$71.90$2.52
Nov 202311,00610,94142,09439,0802,880$77.69$2.71
Oct 202312,31912,39450,87248,1742,698$85.64$2.98
Sep 202312,75212,79845,86345,157706$89.43$2.64
Aug 202317,97917,85464,66463,820844$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 LLCFieldPhantom (Wolfcamp)CountyWard County

Diamondback E&P LLC in Ward County

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