OVERLORD 21-56 B
OVERLORD 21-56 B is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 8,587 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $6K, with roughly $3K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 779 barrels a month. Its strongest month on the record we hold was November 2025, at 8,355 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about OVERLORD 21-56 B
- Who operates OVERLORD 21-56 B?
- OVERLORD 21-56 B is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is OVERLORD 21-56 B?
- OVERLORD 21-56 B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63623.
- Is OVERLORD 21-56 B still producing?
- OVERLORD 21-56 B is intermittent. The most recent month of production reported to the Railroad Commission of Texas for OVERLORD 21-56 B is August 2026.
- How much has OVERLORD 21-56 B produced?
- OVERLORD 21-56 B has reported 8,587 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 1 wellbore.
- How much is OVERLORD 21-56 B worth?
- The remaining production from OVERLORD 21-56 B is estimated to be worth about $6K in total as of 27 August 2026, within a range of $5K to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OVERLORD 21-56 B is a fraction of it. The estimate fits an Arps decline curve to the production OVERLORD 21-56 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OVERLORD 21-56 B is an estimate of value, not an offer and not an appraisal.
- How much income does OVERLORD 21-56 B generate in a year?
- OVERLORD 21-56 B is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OVERLORD 21-56 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63623 |
| Wellbores | 1 |
| Reported production | 8,587 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where OVERLORD 21-56 B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.