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Texas oil lease

Producing

ABU GARCIA 28-16 K

Abu Garcia 28-16 K is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

89,068bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61959

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
329,289 mcf
Oil in Jul 2026
3,900 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 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 72% since Dec 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 72% since Dec 2024Monthly oil production and gas for ABU GARCIA 28-16 K, Dec 2024 to Jul 2026. Oil output fell 72% since Dec 2024. Monthly average of 4,586 bbl in the latest 3 months, against 16,526 bbl in the first 3.Last 12 months: 89,068 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 25AprJulOctJan 26AprJul
Oil output fell 72% since Dec 2024Monthly oil production and gas for ABU GARCIA 28-16 K, Dec 2024 to Jul 2026. Oil output fell 72% since Dec 2024. Monthly average of 4,586 bbl in the latest 3 months, against 16,526 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 84.3% of the gas in Jan 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of ABU GARCIA 28-16 K gas by disposition code each month, Dec 2024 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 84.3% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 84.3%Jan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of ABU GARCIA 28-16 K gas by disposition code each month, Dec 2024 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 84.3% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 84.3%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 322,380 mcf

  • Flared (4)

    1.7% · 5,627 mcf

  • Lease fuel (1)

    0.4% · 1,282 mcf

1.7% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on ABU GARCIA 28-16 K
API numberWell no.Status
42-317-4588711LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Dec 5, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Dec 5, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Dec 5, 2024Mar 1, 2026

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

Who buys my oilOil price check

800 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Abu Garcia 28-16 K
API numberWell no.Acreson the permit
42-317-4588711LS800

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

20 months, newest first

Ledger for ABU GARCIA 28-16 K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,9003,91216,65416,479131$80.46$2.89
Jun 20264,7964,79821,90121,247558$84.81$3.15
May 20265,0615,05927,72927,468116$102.13$2.94
Apr 20264,9744,96625,81425,64144$100.32$2.77
Mar 20265,2115,20423,45923,195151$91.38$3.04
Feb 20266,6096,61024,18823,920155$64.51$3.62
Jan 20268,7188,71934,87832,4382,287$60.04$7.72
Dec 20257,7877,80125,60625,336164$57.97$4.26
Nov 20258,2248,22625,84725,593152$60.06$3.79
Oct 20259,9389,95232,47030,7361,607$60.89$3.19
Sep 202510,90410,90434,48334,191166$63.96$2.97
Aug 202512,94612,93536,26036,13696$64.86$2.91
Jul 202515,43715,42934,81234,516296$68.39$3.20
Jun 202520,71520,72341,07038,1492,921$68.17$3.02
May 202528,25828,26557,73752,7125,025$62.17$3.12
Apr 202535,40535,42968,60740,45727,892$63.54$3.42
Mar 202542,46842,43444,65834,09610,301$68.24$4.12
Feb 202533,65133,70529,21719,00410,005$71.53$4.19
Jan 202515,92715,83710,9001,3059,194$75.74$4.13
Dec 202400000$70.12$3.01

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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Spraberry (Trend Area) field

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