MIDDLE KNOTT UNIT 21
MIDDLE KNOTT UNIT 21 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 9 wellbores on file with the Commission. Reported production runs from October 2017 to August 2026, totalling 2,387,206 barrels. The lease is currently producing. 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 $4.4M, with roughly $2.4M 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 3,060 barrels a month, about 340 per wellbore. Its strongest month on the record we hold was November 2017, at 128,177 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MIDDLE KNOTT UNIT 21
- Who operates MIDDLE KNOTT UNIT 21?
- MIDDLE KNOTT UNIT 21 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MIDDLE KNOTT UNIT 21?
- MIDDLE KNOTT UNIT 21 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49351.
- Is MIDDLE KNOTT UNIT 21 still producing?
- MIDDLE KNOTT UNIT 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDDLE KNOTT UNIT 21 is August 2026.
- How much has MIDDLE KNOTT UNIT 21 produced?
- MIDDLE KNOTT UNIT 21 has reported 2,387,206 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 9 wellbores.
- How much is MIDDLE KNOTT UNIT 21 worth?
- The remaining production from MIDDLE KNOTT UNIT 21 is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.6M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDDLE KNOTT UNIT 21 is a fraction of it. The estimate fits an Arps decline curve to the production MIDDLE KNOTT UNIT 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDDLE KNOTT UNIT 21 is an estimate of value, not an offer and not an appraisal.
- How much income does MIDDLE KNOTT UNIT 21 generate in a year?
- MIDDLE KNOTT UNIT 21 is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDDLE KNOTT UNIT 21 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 | Howard County, Texas |
| RRC district | 08 |
| Lease number | 49351 |
| Wellbores | 9 |
| Reported production | 2,387,206 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where MIDDLE KNOTT UNIT 21 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.