VINEYARD 24-7 B

VINEYARD 24-7 B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 1 wellbore on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 321,720 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 $271K, with roughly $74K expected over the next twelve months.

OperatorDiamondback E&P Llc
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number61464
Wellbores1
Reported production321,720 bbl
First reportedJanuary 2024
Last reportedAugust 2026
Estimated royalty value$271K

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.