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Texas oil lease

Producing

PIER 21-24 UNIT 1

Pier 21-24 Unit 1 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

10 wells

185,795bbl oil, last 12 months−33% vs prior year
RRC lease
08-53966

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
921,041 mcf
Oil in Jul 2026
13,371 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ENTERPRISE M B MIDSTREAM LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC as the buyer of this lease's gas from oil wells on Aug 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 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PIER 21-24 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 185,795 bbl in the 12 months through Jul 2026, against 277,876 bbl in the 12 months before.Last 12 months: 185,795 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PIER 21-24 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 185,795 bbl in the 12 months through Jul 2026, against 277,876 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 3.7% of the gas in Apr 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2026 the lease's gas goes to a transmission line instead of lease fuelShare of PIER 21-24 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 3.7% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: fuel to lineFlared 3.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a transmission line instead of lease fuelShare of PIER 21-24 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 3.7% of the gas in Apr 2025.Share of gas by disposition code0%50%100%May 26: fuel to lineFlared 3.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 818,264 mcf

  • Lease fuel (1)

    11% · 98,199 mcf

  • Flared (4)

    0.5% · 4,578 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

10 wells on this lease

Wells on PIER 21-24 UNIT 1
API numberWell no.Status
42-317-42237211Active
42-317-42238112Active
42-317-42239221Active
42-317-42240223Active
42-317-42241122Active
42-317-42242124Active
42-317-42244231Active
42-317-42245132Active
42-317-42246241Active
42-317-42247142Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Dec 31, 2019–
Enterprise M B Midstream LLCCasinghead gasBuys100Aug 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Aug 1, 2025–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023Aug 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023Aug 1, 2025
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Dec 31, 2019Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Dec 31, 2019Jun 1, 2023

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

426.20 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 426.2 and 552 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    10 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Pier 21-24 Unit 1
API numberWell no.Acreson the permit
42-317-42244231467.50
42-317-42245132467.50
42-317-42246241426.20
42-317-42247142426.20
42-317-42237211552
42-317-42238112552
42-317-42239221552
42-317-42240223552
42-317-42241122552
42-317-42242124552

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

36 months, newest first

Ledger for PIER 21-24 UNIT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P13,37113,39532,79024,8090$80.46$2.89
Jun 2026Diamondback E&P10,80110,92722,09714,884641$84.81$3.15
May 2026Diamondback E&P9,4979,77021,08813,41888$102.13$2.94
Apr 2026Diamondback E&P3,1032,73112,3595,13427$100.32$2.77
Mar 2026Diamondback E&P14,22714,33088,13580,67114$91.38$3.04
Feb 2026Diamondback E&P16,93516,788101,48994,4409$64.51$3.62
Jan 2026Diamondback E&P18,14719,876108,097101,7494$60.04$7.72
Dec 2025Diamondback E&P20,66418,957119,955110,203540$57.97$4.26
Nov 2025Diamondback E&P19,31819,239109,68599,6914$60.06$3.79
Oct 2025Diamondback E&P20,87822,469110,106100,1425$60.89$3.19
Sep 2025Diamondback E&P18,07216,58386,26275,4561,225$63.96$2.97
Aug 2025Diamondback E&P20,78220,786108,97897,6672,021$64.86$2.91
Jul 2025Diamondback E&P20,45520,388104,91695,03964$68.39$3.20
Jun 2025Diamondback E&P19,39919,65196,61786,2001,129$68.17$3.02
May 2025Diamondback E&P21,23421,088107,09196,277575$62.17$3.12
Apr 2025Diamondback E&P22,20122,145104,51191,0393,830$63.54$3.42
Mar 2025Diamondback E&P25,86425,921110,21198,6491,451$68.24$4.12
Feb 2025Diamondback E&P23,79823,63394,98382,8242,839$71.53$4.19
Jan 2025Diamondback E&P25,48225,53596,63886,797172$75.74$4.13
Dec 2024Endeavor Energy24,95324,95090,97780,74040$70.12$3.01
Nov 2024Endeavor Energy22,28622,22686,86476,87076$69.95$2.12
Oct 2024Endeavor Energy24,08924,11587,78877,5680$71.99$2.20
Sep 2024Endeavor Energy23,55523,56385,06074,9481$70.24$2.28
Aug 2024Endeavor Energy24,56024,65286,73876,6470$76.68$1.99
Jul 2024Endeavor Energy25,91525,84285,85475,8106$81.80$2.07
Jun 2024Endeavor Energy24,80924,70281,16971,1433$79.77$2.54
May 2024Endeavor Energy25,81725,84177,82167,6191$80.02$2.12
Apr 2024Endeavor Energy23,01023,02962,56153,4400$85.35$1.60
Mar 2024Endeavor Energy24,08524,04260,14852,6180$81.28$1.49
Feb 2024Endeavor Energy21,64921,63352,02844,3660$77.25$1.72
Jan 2024Endeavor Energy23,20123,22251,87643,8970$74.15$3.18
Dec 2023Endeavor Energy22,65022,55944,91837,3060$71.90$2.52
Nov 2023Endeavor Energy20,37320,42931,21831,2180$77.69$2.71
Oct 2023Endeavor Energy18,31418,35734,34026,455172$85.64$2.98
Sep 2023Endeavor Energy6,7596,75429,88621,8780$89.43$2.64
Aug 2023Endeavor Energy24,96525,129116,355108,4300$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

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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Drilling permits within 10 km