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Texas oil lease

Producing

ABU GARCIA 28-16 O

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

1 well

84,716bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61963

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
604,117 mcf
Oil in Jul 2026
4,706 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 83% since Dec 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 83% since Dec 2024Monthly oil production and gas for ABU GARCIA 28-16 O, Dec 2024 to Jul 2026. Oil output fell 83% since Dec 2024. Monthly average of 5,473 bbl in the latest 3 months, against 33,104 bbl in the first 3.Last 12 months: 84,716 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 25AprJulOctJan 26AprJul
Oil output fell 83% since Dec 2024Monthly oil production and gas for ABU GARCIA 28-16 O, Dec 2024 to Jul 2026. Oil output fell 83% since Dec 2024. Monthly average of 5,473 bbl in the latest 3 months, against 33,104 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 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 84.4% 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 O 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 84.4% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 84.4%Jan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of ABU GARCIA 28-16 O 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 84.4% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 84.4%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 592,191 mcf

  • Flared (4)

    1.6% · 9,563 mcf

  • Lease fuel (1)

    0.4% · 2,363 mcf

1.6% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on ABU GARCIA 28-16 O
API numberWell no.Status
42-317-4594115WAActive

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.

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Permits for Abu Garcia 28-16 O
API numberWell no.Acreson the permit
42-317-4594115WA800

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 O
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,7064,72146,36545,878364$80.46$2.89
Jun 20265,7915,79249,58048,0991,263$84.81$3.15
May 20265,9235,91150,73550,257213$102.13$2.94
Apr 20264,3784,37539,83139,56567$100.32$2.77
Mar 20265,4945,48448,44747,903311$91.38$3.04
Feb 20265,7555,75445,59045,084293$64.51$3.62
Jan 20267,2017,20352,62848,9483,450$60.04$7.72
Dec 20256,9376,95254,22353,651347$57.97$4.26
Nov 20257,7327,73051,79051,281304$60.06$3.79
Oct 20258,2838,29951,03748,3122,525$60.89$3.19
Sep 202510,11810,12056,79056,308274$63.96$2.97
Aug 202512,39812,38357,10156,905152$64.86$2.91
Jul 202513,01413,00854,93554,467468$68.39$3.20
Jun 202518,12518,13861,38457,0194,365$68.17$3.02
May 202529,07629,07079,70272,7656,937$62.17$3.12
Apr 202526,69726,72661,02635,98724,810$63.54$3.42
Mar 202538,12138,10454,82741,86012,647$68.24$4.12
Feb 202542,49142,76845,04129,29715,423$71.53$4.19
Jan 202556,82156,49849,1155,87941,430$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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