CHOCTAW 1-21 B

CHOCTAW 1-21 B is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 598,486 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $84K, with roughly $26K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldHoefs T-K (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number53694
Wellbores1
Reported production598,486 bbl
First reportedAugust 2019
Last reportedAugust 2026
Estimated royalty value$84K

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.