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Texas oil lease

Producing

WALKING ON WATER 14-24 B

Walking on Water 14-24 B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

38,585bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-62656

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
194,071 mcf
Oil in Jul 2026
2,650 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 58% since Sep 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 58% since Sep 2024Monthly oil production and gas for WALKING ON WATER 14-24 B, Sep 2024 to Jul 2026. Oil output fell 58% since Sep 2024. Monthly average of 2,499 bbl in the latest 3 months, against 5,900 bbl in the first 3.Last 12 months: 38,585 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 58% since Sep 2024Monthly oil production and gas for WALKING ON WATER 14-24 B, Sep 2024 to Jul 2026. Oil output fell 58% since Sep 2024. Monthly average of 2,499 bbl in the latest 3 months, against 5,900 bbl in the first 3.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 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 8.0% of the gas in Sep 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of WALKING ON WATER 14-24 B gas by disposition code each month, Sep 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.0% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.0%Oct 24Jan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of WALKING ON WATER 14-24 B gas by disposition code each month, Sep 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.0% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 8.0%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 191,303 mcf

  • Lease fuel (1)

    1.0% · 1,911 mcf

  • Flared (4)

    0.4% · 857 mcf

0.4% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on WALKING ON WATER 14-24 B
API numberWell no.Status
42-317-457961USActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Sep 25, 2024–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Sep 25, 2024Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Sep 25, 2024Apr 1, 2026

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

Who buys my oilOil price check

728.48 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 Walking on Water 14-24 B
API numberWell no.Acreson the permit
42-317-457961US728.48

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

23 months, newest first

Ledger for WALKING ON WATER 14-24 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,6502,65014,22114,0470$80.46$2.89
Jun 20262,3782,37713,42213,25911$84.81$3.15
May 20262,4702,46814,32114,15511$102.13$2.94
Apr 20262,6982,70713,49913,34410$100.32$2.77
Mar 20262,5452,54014,82414,6680$91.38$3.04
Feb 20262,9522,95315,02514,8680$64.51$3.62
Jan 20263,1363,14316,45315,878397$60.04$7.72
Dec 20253,0023,00116,23416,0840$57.97$4.26
Nov 20253,7933,80117,09616,776170$60.06$3.79
Oct 20253,6783,66018,85918,7110$60.89$3.19
Sep 20254,3424,35919,30419,12912$63.96$2.97
Aug 20254,9414,94020,81320,384246$64.86$2.91
Jul 20255,5615,56222,64922,39326$68.39$3.20
Jun 20256,4916,49921,53321,026160$68.17$3.02
May 20254,8974,88412,07011,82089$62.17$3.12
Apr 20257,5237,56620,17019,9255$63.54$3.42
Mar 202512,03212,03029,39828,95995$68.24$4.12
Feb 202515,44315,45423,45823,2220$71.53$4.19
Jan 202519,35519,33526,33825,031281$75.74$4.13
Dec 202410,12110,1307,7287,10143$70.12$3.01
Nov 202410,71210,7158,4527,424215$69.95$2.12
Oct 20246,8156,7596,4025,52355$71.99$2.20
Sep 202417417138931731$70.24$2.28

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 LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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