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Texas oil lease

Producing

BLACK CAIMAN 21-24 D

Black Caiman 21-24 D is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

3 wells

264,316bbl oil, since Dec 2025
RRC lease
08-64715

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, since Dec 2025
354,311 mcf
Oil in Jul 2026
59,323 bbl
First check

Production started April 2026; the first check is due by about August 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output since Dec 2025

  • Oil (bars)
  • Gas (line)
Oil output since Dec 2025Monthly oil production and gas for BLACK CAIMAN 21-24 D, Dec 2025 to Jul 2026. Oil output since Dec 2025. Monthly average of 78,246 bbl in the latest 3 months, against 0 bbl in the first 3.bbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kOct 25Jan 26AprJul
Oil output since Dec 2025Monthly oil production and gas for BLACK CAIMAN 21-24 D, Dec 2025 to Jul 2026. Oil output since Dec 2025. Monthly average of 78,246 bbl in the latest 3 months, against 0 bbl in the first 3.bbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kJan 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 4 months reported

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the 4 months reportedShare of BLACK CAIMAN 21-24 D gas by disposition code each month, Dec 2025 to Jul 2026. 99% of the gas went to a transmission line in the 4 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
99% of the gas went to a transmission line in the 4 months reportedShare of BLACK CAIMAN 21-24 D gas by disposition code each month, Dec 2025 to Jul 2026. 99% of the gas went to a transmission line in the 4 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 350,529 mcf

  • Lease fuel (1)

    1.0% · 3,681 mcf

  • Flared (4)

    0.0% · 101 mcf

3 wells on this lease

Wells on BLACK CAIMAN 21-24 D
API numberWell no.Status
42-317-470502JMShut-in
42-317-470512WAActive
42-317-470533WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jun 1, 2026
Enterprise Products Operating LLCCasinghead gasBuys100Jun 1, 2026
Enterprise Products Operating LLCCasinghead gasGathers100Jun 1, 2026

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

657.51 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.

Check your decimal on this lease
Permits for Black Caiman 21-24 D
API numberWell no.Acreson the permit
42-317-470502JM657.51
42-317-470512WA657.51
42-317-470533WB657.51

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

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

8 months, newest first

Ledger for BLACK CAIMAN 21-24 D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202659,32359,40698,96097,92024$80.46$2.89
Jun 202676,61876,577109,015107,98431$84.81$3.15
May 202698,79698,765117,334116,12244$102.13$2.94
Apr 202629,57929,41929,00228,5032$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26

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

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Nearby

Spraberry (Trend Area) field

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