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Texas oil lease

Producing

ADAMS 38

Adams 38 is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

1,574bbl oil, last 12 months−60% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-41856

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
14,125 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for ADAMS 38, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 1,574 bbl in the 12 months through Jul 2026, against 3,932 bbl in the 12 months before.Last 12 months: 1,574 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for ADAMS 38, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 1,574 bbl in the 12 months through Jul 2026, against 3,932 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of ADAMS 38 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of ADAMS 38 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on ADAMS 38
API numberWell no.Status
42-227-360492HShut-in
42-227-365254Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Sep 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2021Sep 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2021Sep 1, 2023
Ace Gathering, Inc.OilGathers100Dec 1, 2021Sep 1, 2023

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

Who buys my oilOil price check

301.82 acres on the newest permit

Permits for Adams 38
API numberWell no.Acreson the permit
42-227-360492H301.82
42-227-365254306.81

SourceRailroad Commission drilling permits, Sep 26, 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

36 months, newest first

Ledger for ADAMS 38
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202611000$84.81$3.15
May 20261210000$102.13$2.94
Apr 2026134114000$100.32$2.77
Mar 2026139203000$91.38$3.04
Feb 20261515000$64.51$3.62
Jan 202611000$60.04$7.72
Dec 2025112,9312,9310$57.97$4.26
Nov 20251881802,6892,6890$60.06$3.79
Oct 20253433592,7502,7500$60.89$3.19
Sep 20253623622,5492,5490$63.96$2.97
Aug 20253783643,2063,2060$64.86$2.91
Jul 20253373701,4241,4240$68.39$3.20
Jun 202500000$68.17$3.02
May 20253483512,1572,1570$62.17$3.12
Apr 20254627351,9131,9130$63.54$3.42
Mar 20255693763,1453,1450$68.24$4.12
Feb 20253193536856850$71.53$4.19
Jan 2025171748088080$75.74$4.13
Dec 202433011,3041,3040$70.12$3.01
Nov 2024342373000$69.95$2.12
Oct 2024421550000$71.99$2.20
Sep 202440638269690$70.24$2.28
Aug 2024381353000$76.68$1.99
Jul 2024531525000$81.80$2.07
Jun 2024726746000$79.77$2.54
May 2024783750000$80.02$2.12
Apr 2024539550000$85.35$1.60
Mar 2024239189000$81.28$1.49
Feb 2024388378000$77.25$1.72
Jan 2024732764000$74.15$3.18
Dec 2023310387000$71.90$2.52
Nov 2023466541000$77.69$2.71
Oct 2023840754000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 202320000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyHoward County

Diamondback E&P LLC in Howard County

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Spraberry (Trend Area) field

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